Liberty University Receives $1.882 Million Bequest

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Liberty University received this week a $1.882 million bequest from the estate of Cloyce Keith Avey, who died March 4 at the age of 97.

Liberty University received this week a $1.882 million bequest from the estate of Cloyce Keith Avey, who died March 4 at the age of 97.

Avey informed President Jerry Falwell of his intentions to include Liberty in his estate plans in a letter in 2012, stating, “I watched your Dad persistently and laboriously bring Liberty University up and running as a viable institution. I can think of no better place to distribute some funds than Liberty University. Of course, I trust that your Board of Trustees will put it to good use.”

He said he hoped by the time it was distributed that it would be a million dollars.

At the time of the letter, Avey lived in Rockledge, Fla.

President Jerry Falwell said, “The university is deeply grateful for Mr. Avey’s bequest. We consider it our solemn duty to honor the wishes of Mr. Avey to use his generous donation to fulfill the mission of Liberty University to Train Champions for Christ for generations to come.”

It is not clear whether Avey ever visited Liberty’s campus. He did not specify how his gift was to be used.

About Liberty University
Liberty University, founded in 1971, is the largest private, nonprofit university in the nation, the largest university in Virginia, and the largest Christian university in the world. Located near the Blue Ridge Mountains on more than 7,000 acres in Lynchburg, Va., Liberty offers more than 500 unique programs of study from the certificate to the doctoral level. More than 250 programs are offered online. Liberty’s mission is to train Champions for Christ with the values, knowledge, and skills essential for impacting tomorrow’s world.

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