New Scholarships dedicated during trustees meeting
PLAINVIEW – Wayland Baptist University’s office of advancement dedicated five new endowed scholarships Thursday during the Board of Trustees meeting in Plainview.
The scholarships are given by members of the board or former members. Scholarships dedicated include the Brian Family Endowed Scholarship, the Marshall and Sharleen Formby Endowed Missions Scholarship, the Harvey and Sharleen Rhoads Endowed Scholarship, the James B. and Yvonne J. Franklin Endowed Scholarship and the T.C. and Peggy Wall Endowed Scholarship.
Established by Col. Elton “Speck” and Kay Callaway Brian and Bobbie Helen Brian Dyer and Rand Dyer in memory of Bobbie and Speck’s parents, Dr. Alfred A. Brian, Sr. and Ora Lee Dopson Brian, and their brother, Alfred A. Brian Jr., the Brian Family Scholarship also honors the preacher brothers of Dr. Brian, all of whom attended Wayland: Walter, William “Ted,” D.D. “Doc,” and Sam. Two deceased cousins, J.D. Brian, a 1942 graduate, and Cherrydel Brian, a 1968 graduate, are also remembered by the fund.
Speck was a 1961 graduate and worked at the Lubbock Campus for several years. Dr. Brian served on the Wayland board for several years and received the first Doctor of Divinity degree conferred by Wayland in 1950. The Brian brothers pastored several Baptist churches on the South Plains and around Texas, New Mexico and California.
The Formbys were married in 1946 in Alabama. Marshall earned a master’s degree in journalism from the University of Texas and once owned and operated newspapers and radio stations. He was also a regent at Texas Tech, a county judge, a state senator and an attorney, a partner in the LaFont, Tunnell, Formby and Hamilton Law Firm in Plainview.
Sharleen has a bachelor of arts degree in English and did graduate work at the University of Texas. She also worked at the Army War College and the Pentagon, and served on the board at Wayland for ten years. She continued Marshall’s businesses after his death in 1984 and still runs the family farms. She is director and part owner of Citizens National Bank in Crosbyton.
The Formby scholarship is designated to help students planning to pursue missions.
The Rhoads were married in 1990. An active member of First Baptist Church in Midland, Harvey served in the Navy and worked in the oil business and in the life insurance field. He was one of three charter members of the Midland West Rotary Club and was president of the Midland Heart Association, earning the National Golden Heart Award. He died in November 2002.
Terry Rhoads of Midland, Harvey’s first cousin, serves on the Wayland board currently. The scholarship is designated to help students with financial need pursue an education.
Longtime Amarillo residents, the Franklins have been benevolent to Wayland for many years, and Yvonne served on the Wayland board for 12 years. They are involved in many community, area and statewide projects and wanted to establish a scholarship to benefit students who desire education in a Christian environment but need financial assistance.
Residents of Plainview since 1969, the Walls own and operate High Plains Concrete. The couple has long supported Wayland, and Peggy serves on the Wayland board of trustees. T.C. is a graduate of Dora (N.M.) High School and served in the U.S. Army. Peggy graduated from Temple (Okla.) High School. The couple has four children: Clinton, Bert, Donna and Kathy.
The scholarship was established to assist young people desiring higher education at Wayland and out of a respect for the university’s role in the Plainview community.
Endowed scholarships represent a minimum of $25,000 in donations – given over a period of time or in a lump sum – which are then invested with the Baptist Foundation of Texas. Interest from the accounts is pulled each year to create scholarships for students, with the endowment creating a lasting legacy.
For more information on endowments, contact Martha Cross, director of development, at (806) 291-3427.