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Estate of alumnus provides $1.5 million gift to Wofford


2009-03-04

W. Dean Cannon Jr. played football, earned Army commission here

SPARTANBURG, S.C. – The estate of W. Dean Cannon Jr., a 1950 graduate of Wofford College, has provided the college with a $1.5 million gift to a scholarship fund created by Mr. Cannon in 2006.

Cannon, a native of Spartanburg, died Nov. 28, 2008. He played football at Wofford and earned an Army commission through ROTC. After serving in the Korean War, he obtained a law degree and eventually became president of the California League of Savings Institutions. After he retired to Spartanburg, he became a member of the Second Presbyterian Church and was an avid supporter of Terrier athletics and the college in general. In 2006, he created the W. Dean Cannon Jr. Endowed Scholarship Fund using proceeds of a retirement IRA. The total value of this scholarship fund now exceeds $1.5 million. The fund is designated for football scholarships.

“Dean Cannon loved Wofford, and had a real appreciation for the liberal arts education he received,” says Smith Patterson, director of gift planning for Wofford. “He often spoke of how well the college prepared him for law school and for a career in the financial industry. He was especially thankful for the opportunity he and his older brother, Bobby, had to play sports while at Wofford, and he spoke with pride of the college’s ability to produce winning football teams with quality scholar-athletes. Dean was passionate about Wofford’s needing to offer more athletics scholarships, so it is no surprise that he would designate the major portion of his estate to help answer this need. He truly wanted his legacy of unselfish support to inspire others to follow his example.”