Posted 7/11/2014 10:52 am
Updated 3 weeks ago
Lyon College has received a $1 million gift from the R.E. Lee Wilson Trust Foundation to help fund the construction of its new residence halls.
The money will come to Lyon College in five installments over the next five years. The donation will go toward the construction of two residence halls that will accommodate 100 students each. The project is to be completed in fall 2015.
"The gift from the R.E. Wilson Trust Foundation was prompted by a recognition of the trustees of the foundation as to the important role that Lyon College plays in the state of Arkansas, and by the realization that Lyon College can only succeed in its dynamic growth plan if private foundations and individuals who believe in the merits of a liberal arts education step up and help to fund that vision," Perry Wilson, chairman of the Lyon's Board of Trustees, said in a news release.
Wilson serves as one of the Wilson Trust Foundation's trustees, along with his uncles, Steve and Bobby Wilson. Wilson joined the Lyon College Board of Trustees in 2009, and was elected chairman in 2012. His father, Mike Wilson, was also a longtime board member.
"Lyon is at a critical time in its history, and Chairman Wilson's leadership sets the right tone at this time for the college and the Board of Trustees," Donald Weatherman, Lyon president, said in the release.