Frugal 100-year-old suburban Chicago woman leaves $7 million to Lake Forest College

By Associated Press

LAKE FOREST, Ill. (AP) — A 100-year-old woman who died after living frugally in a one-bedroom house in the Chicago suburbs has left $7 million to her alma mater, Lake Forest College.

When Grace Groner died in January her attorney told the school how much her donation would be and the college’s president said „Oh, my God.” The millions came from a $180 stock purchase Groner made in 1935. The money will be used for a foundation for student internships and study-abroad programs.

Groner worked as a secretary for 43 years. Her attorney and friend William Marlatt says she could have lived in any house in Lake Forest but chose not to.

Groner also left her small home to the school. It will be called „Grace’s Cottage” and will house women who receive scholarships.

Information from: Chicago Tribune,

De Alexandru Nădăban Publicat în bani Etichetat

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