Webb Schools receives another generous donation
On Monday The Webb Schools announced it received another generous donation, and another historic one, $8.4 million, the largest ever cash gift. The bequest comes from 1959 alumnus Wayne “Skip” Hanson’s estate and will be used to strengthen Webb’s scholarship program, according to a news release.
The multi-million-dollar donation also boosts Webb’s endowment to $60 million, the school’s highest level ever, and propels “fundraising in Webb’s $200 million Centennial Campaign to the $180 million mark,” the release read.
“Skip Hanson was a beloved member of the Webb community who was dedicated to supporting our mission as global lead in unbounded education. This tremendous gift will make a profound impact on our goal of ensuring we can enroll the very best students, regardless of their financial circumstances. Skip’s generosity and legacy are immense and will be felt for generations to come,” Webb’s Head of Schools Taylor B. Stockdale said in a statement.
“The size of Hanson’s gift wasn’t originally known. In 2019, after Hanson’s death, his wife estimated the gift at just over $6 million. It wasn’t until her death in 2021 that the full extent of the gift became clear. Coupled with Hanson’s previous support, the gift makes Hanson the single-largest contributor to endowed scholarships at Webb,” the release continued.
The gift comes after Webb made headlines in October when an anonymous alumni left a “historic future estate gift of at least $100 million.” Only four independent secondary schools in the U.S. have received a gift of $100 million or more. Webb is the only school west of the Mississippi to be in that group.
The two gifts are said to be among the $180 million raised thus far in Webb’s $200 million Centennial Campaign, which entered its public phase in October and will sunset in 2025.
“Each of these gifts — the $8.4 million we have received today and the $100 million or more we will receive in the future — represent the life-changing impact that Webb has on our students. Together, they will provide critical immediate support for our mission as well as funds to sustain and expand on that mission in the decades to come,” Stockdale said.
For more information on The Webb Schools, visit them online at www.webb.org or contact (909) 626-3587. For information on their Centennial Campaign, visit https://webb100.org.