Chapter Fourteen: 1996–1997 247
A power surge in the Scales Fine Arts Center in mid-October resulted in electri-
cal damage to Tribble and Reynolda Halls and cut off power to six other buildings.
Faulty wiring was the cause.
In financial matters, the F. M. Kirby Foundation gave $1.25 million to the
Wayne Calloway School of Business and Accountancy. It was the largest cash gift ever
received by the school and was used to endow a named chair in business ethics. The
1996–1997 College Fund drive exceeded its $2.2 million goal, raising $2,270,000 in
unrestricted support. The first fundraising drive for the Poteat Scholarship program
raised $40,000, $20,000 of which came from the Baptist State Convention of North
Carolina. Twenty Poteat scholarships were awarded each year
Elton Manning (’37) committed $2 million to fund undergraduate need-based
scholarships. Friends and colleagues of Barry Dodson, a Mooresville resident and
familiar figure in NASCAR, gave more than $40,000 to establish athletic scholarships
at Wake Forest in honor of his children, Trey and Tia, who were killed in 1994. The
scholarship honoring Trey was for baseball or basketball, and the scholarship honor-
ing Tia was the first for cheerleading.
The Z. Smith Reynolds Foundation increased its gift to Wake Forest by $200,000
a year to fund the Zachary T. Smith (LLD ’89) Leadership Scholarships. Supporting
one hundred North Carolina students of modest means, they were originally called
North Carolina Leadership Scholarships. The program was phased in at twenty-five
scholarships a year and was not fully funded until 2000. Each scholarship was worth
up to $2,600 a year and was renewable for four years. In making this gift, the founda-
tion increased its annual contribution to the University to $1.2 million a year.
In April, the Board of Trustees approved a total operating budget of $473 mil-
lion for fiscal year 1997 (July 1, 1997, to June 30, 1998). Of the total, $164 million was
earmarked for the Reynolda Campus and $309 million for the Hawthorne campus.
At the hospital, the J. Paul Sticht Center on Aging and Rehabilitation opened
on April 14. The $37.8 million facility offered acute care for older adults as well as
rehabilitation, geriatric psychiatry, and transitional care.
The Governor’s Crime Commission awarded University police a two-year grant
of $68,202 to upgrade its computer system. A multi-user system, including software
and six personal computers, was purchased.
Summing Up the Year
Implementation of the Plan for the Class of 2000 began in fall 1996. All first-year stu-
dents were given an IBM ThinkPad 365XD laptop computer and enrolled in required
seminars limited to fifteen students. Faculty positions were added; financial aid was
increased; new opportunities for students to assist faculty research were created; and
facilities continued to be upgraded, especially those involving technology.
The Year of the Arts, the first of six theme years sponsored during the Hearn era,
brought such luminaries as Beverly Sills, James Earl Jones, and Alec Baldwin to cam-
pus. A symposium on Beethoven was held, and the world premiere of Since Dawn,
a tone poem for narrator, chorus, and orchestra, composed by Dan Locklair and
inspired by Maya Angelou’s poem for Bill Clinton’s inauguration, was held as well.
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