Concord Receives $376,400 for General Scholarships from Moye Estate

For Immediate Release: 
Mar 10 2004

Concord Receives $376,400 for General Scholarships from Moye Estate

Athens, W. Va. - Philip Thompson, nephew of Princeton native and Concord alumnus, L. Lloyd Moye, was welcomed by an assembly of civic and community leaders who knew Mr. Moye, and representatives of the College who will benefit from Mr. Moye’s largess, at a luncheon on Thursday, February 5, at Concord College.

Mr. Thompson’s mission was to represent his uncle’s estate and present the support for dreams long held for student scholarships, improved athletic programs, and an interfaith chapel.

The Reverend George Exxo provided the invocation for the luncheon hosted by College President Jerry L. Beasley.

Mr. Thompson provided a biography of his uncle who was an accountant with AEP and a member of the College’s Alumni Association.

Mr. Thompson presented a gift of $376,400 to the Concord College Foundation. The gift will be used to provide general scholarship support for students at Concord College. President Beasley accepted the gift on behalf of the Foundation. “We’re here to remember Lloyd Moye, and celebrate what he did for Concord,” stated President Beasley.

Thompson also presented gifts from his uncle’s estate to the College’s athletic department in the amount of $169,550, and $100,000 to the Concord College Interfaith Chapel Foundation, for a total of $645,950—one of the largest contributions ever from an individual benefactor.

Mr. Thompson concluded by saying: "One of the best schools in the state, one of the best in the southeastern United States, is right here at Concord. I’m sure Mr. Moye’s gift will enable all of you here at Concord to make this an even greater school now and in the future.”

Moye graduated from Concord in 1958 and passed away in 2002.


PHOTO: Concord Athletic Director Steve Lee; Interfaith Chapel Foundation President Tom Bone; Philip Thompson, nephew of L. Lloyd Moye; Concord President Jerry Beasle