on the way to the sesquicentennial
Governor James B. Hunt also spoke, and D. Wayne Calloway (B.B.A.,
1959), president of Frito-Lay, Inc., was present as general chairman
of the campaign.
But what made the convocation especially satisfying was an
announcement from Zachary Smith, president of the Z. Smith
Reynolds Foundation, that Wake Forest was to receive still another
grant: $4.5 million, the largest gift ever received by the University
and the largest ever made by the Foundation. $500,000 was desig-
nated as endowment for the Library, but the remaining four million
dollars was for two new undertakings: a Reynolds Professorship
program ($2.5 million) and a Reynolds Scholarship program ($1.5
million) which would bring to Wake Forest gifted faculty members
and some of the most highly qualified students in the nation. The
impact of these programs would be far-reaching and would prove
to be a central factor in the growing national reputation of Wake
Forest as an academically prestigious institution.
Zachary Smith’s tribute to Wake Forest before the convocation
audience was meaningful and encouraging. There were seven reasons,
the waning years of
the Scales presi-
dency would play
roles of importance
at Wake Forest far
beyond 1983: J. Reid
Morgan (’75, J.D.,
’79), who was
named Foundations
Officer in 1980, and
Sandra [Connor]
Boyette, who be-
came Foundations
Officer in 1981. Both
Morgan and Boyette
would eventually be
elevated to vice
presidencies, Mor-
gan in legal affairs
and Boyette in Uni-
versity advance-
President Scales and Nancy Susan Reynolds
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