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The Triad Business Journal

Wake Forest receives $1M gift from young alumnus: Wade Murphy, the executive vice president of Marmik Oil in Arkansas, has become the only person younger than 35 to make a seven-figure donation to Wake Forest University. Murphy, who graduated in 2000 from Wake Forest with a major in history, pledged $1 million to support the school’s Humanities Institute with the intention of extending the reach and impact of humanities and liberal arts. “Wade’s generous support underscores the critical role that the humanities play in the education and preparation of today’s students,” said Mary Foskett, a professor of religion and director of the Humanities Institute. “The humanities are rooted in intellectual traditions that empower students to engage the world. Today’s graduates must be prepared to interpret complex information, understand diverse cultures and create solutions that serve the common good.”

Category: Academics