Wesleyan Receives One of its Largest Gifts in History

Tuesday, April 8th, 2014

West Virginia Wesleyan College has received an unrestricted gift in excess of $2 million through the Mary B. Albinson Charitable Remainder Annuity Trust.  The Albinson family has enjoyed a long association with the College since 1972, when son Tom enrolled as a student.  Wesleyan will name its School of Business in honor of Thomas H. Albinson II during the College’s Homecoming weekend celebration in October.

The gifts will provide funds that will allow for significant upgrades to all business classrooms in the Lynch-Raine Administration Building, establishment of endowments for business faculty development, and for career-related internship experience opportunities for business students.  A portion of the gift will also be used to address campus restoration projects and support the purchase of new equipment for the College’s media studies program and campus radio station.

“We are extremely grateful to Tom and his family for their generosity and support of the College,” said Wesleyan President Pamela Balch ’71.  “Tom has enjoyed a wonderful career in nonprofit management and his passion and interests reflect the mission statement of the College. This gift will significantly impact not only our School of Business but other facilities and programs as well.”

The Albinson gift is among the top three donations in Wesleyan’s history. Thomas Albinson earned an economics degree at Wesleyan and was active in a number of student organizations, including the campus radio station.

Wesleyan’s School of Business includes majors in accounting, economics, management, marketing, and sport business.  The School also offers a Five-Year Undergraduate/M.B.A. degree.