226 The History of Wake Forest
for fiscal year 1996 (the 1996–1997 academic year), which included $304.4 million
for the Hawthorne campus and $148.6 million for the Reynolda Campus. The Haw-
thorne campus budget was 7.7 percent higher than the previous year’s, while the
Reynolda Campus budget rose by 12.7 percent. The total budget increase was 9.3 per-
cent. The Trustees set tuition for 1996–1997 at $18,500 for new students and $15,500
for returning students.
President Hearn announced on March 30 that the University would assume
financial responsibility for structural maintenance of the Calvin Jones House on the
old campus during a program in Binkley Chapel at the Old Campus Reunion. Susan
Brinkley, President of the Wake Forest Birthplace Society, wrote to thank Hearn for
his support and for putting a new roof on the birthplace.
In other financial developments, Arthur Andersen & Company pledged $150,000
to the Calloway School to give students access to cutting-edge research technology
in accounting. The Davis family of Winston-Salem, including Life Trustees Egbert L.
Davis Jr. (’33), Thomas H. Davis (LLD ’84), and their sister Pauline Davis Perry, made
a $1 million challenge grant in memory of their mother, Annie Pearl Shore Davis, in
January. The family would give $1, up to a total of $1 million, for every $2 raised by
the University in support of the Divinity School.
Durham resident Roy O. Rodwell Jr. and his daughters Nancy (’92) and Rebecca
Rodwell pledged $250,000 to endow the Roy O. Rodwell Sr. (’10) Scholarship Fund.
The scholarship gave preference to undergraduate students from thirty-seven desig-
nated counties in eastern North Carolina. Elton Manning (’37) of Raleigh established
a $2 million scholarship fund, and Porter B. Byrum committed money from his uni-
trust to the Byrum Law Scholarships and to the Athletics Department. Altogether,
gifts to the Reynolda Campus exceeded $25 million in 1995–1996.
Bynum Shaw wrote President Hearn on April 22 that 1996 was the fiftieth anniver-
sary of the relationship between Wake Forest and the Z. Smith Reynolds Foundation.
It began with the Foundation’s offer of annual financial support to help the college
relocate to Winston-Salem.
In other alumni news, Stephanie Neill (’95) became the first winner of the Dinah
Shore Award for college women’s golf. The award required an average round of 77
or better, play in at least half of the school’s matches, a 3.2 grade-point average, and
demonstrated ability in leadership and community service. After receiving the honor,
Neill was featured on the front page of USA Today. She was also selected as an All-
American for the fourth time and made the NCAA Women’s All-Scholar Academic
Summing Up the Year
Unbeknownst to most, including the top administrators who were involved, the
1995–1996 academic year was pivotal, marking innovation and turnover. The college
had a new Dean, Paul Escott, and a new Dean-Designate for the Divinity School, Bill
Leonard, who would put together a new professional school and integrate it into the
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