Wake Forest University receives $1 million donation

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

Wade Murphy (left) and Mary Foskett (right) (Photo courtesy, Wake Forest University)

WINSTON-SALEM, N.C. — A Wake Forest University graduate is donating $1 million to support the school’s Humanities Institute.

Wade Murphy, who graduated with a history degree from WFU in 2000, is now the youngest person in the university’s history to make a donation of its size, a school spokesperson said.

Murphy is the executive vice president of Marmik Oil in El Dorado, Ark.  He earned an MBA from American University in 2007.

“Wake Forest is and always has been a place that teaches students how to identify and pursue that which is good, beautiful and true,” Murphy said. “One of the prevailing reasons I want to support the Humanities Institute is that it will go a long way to ensuring that these ideals are carried forward.”

The Humanities Institute was launched in October of 2010 to foster interdisciplinary and collaborative scholarship and explore creative ways to use knowledge to solve real-world problems.

“Wade’s generous support underscores the critical role that the humanities play in the education and preparation of today’s students,” said Mary Foskett, professor of religion and director of the Humanities Institute.