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FOR IMMEDIATE RELEASE
Oct 27, 2009    #129
Contact: Wandra Brooks Green
816-235-1601

Endowment helps create $1 million scholarship fund

Lucille Armacost gift benefits UMKC College of Arts and Sciences.

The University of Missouri-Kansas City (UMKC) Foundation is pleased to acknowledge three recent gifts totaling $1 million from Mrs. Lucille Armacost – a 1938 graduate of the University of Kansas City (UKC; now UMKC). The gifts create an endowed scholarship fund for the College of Arts and Sciences.

One of the largest and most prestigious scholarship funds, the Don and Lucille Armacost Scholarship Fund will initially provide $5,000 scholarships to about 10 full-time undergraduate College of Arts and Sciences students. Scholarship recipients must demonstrate financial need based on the Free Application for Federal Student Aid (FAFSA) or financial need as determined by the Office of Financial Aid and Scholarships.

Mrs. Armacost and her late husband, Don R. Armacost, Sr. are two of the University of Kansas City’s earliest graduates. They took courses from such notable professors as Norman Royall, Ed White and Carolyn Benton Cockefair. In 1938, Mrs. Armacost graduated with a Bachelor of Arts degree in English. In 1940, Mr. Armacost graduated from UKC with a Bachelor of Arts degree in English. He also studied business and served as editor of the UKC newspaper.

“This is really a gift from both Don and me,” Mrs. Armacost said. “If he were here today, Don and I would be creating this gift together. We loved going to the university, and I understand how important scholarships are to UMKC students today.”

The two were married for 61 years before Mr. Armacost’s death in 2000. After serving in the Navy during World War II, Mr. Armacost was vice president of Armacost Motors, a Studebaker dealership. In 1956, he purchased Peterson Manufacturing Company located in Grandview, Mo., where he served as chairman of the board and chief executive officer. He was a former member of the UKC Board of Trustees and the recipient of the UMKC Alumni Achievement Award in 1971.


About the UMKC Foundation

The UMKC Foundation is a separate but affiliated enterprise that is devoted to raising funds to enhance programs for the University, and for exercising fiduciary responsibility over endowments and other philanthropic investments made to UMKC. For more information about the UMKC Foundation, visit www.umkc.edu/umkc-foundation .


About the University of Missouri-Kansas City

The University of Missouri-Kansas City (UMKC), one of four University of Missouri campuses, is a public university serving more than 14,000 undergraduate, graduate and professional students. UMKC engages with the community and economy based on a four-part mission: life and health sciences; visual and performing arts; urban issues and education; and a vibrant learning and campus life experience.


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