Alumna leaves Lake Forest College $7 million, and more

Grace Groner, an alumna of apparently modest means, shocked administrators when she left the school $7 million.

Alumna leaves Lake Forest College $7 million

An alumna of apparently modest means shocked administrators at Illinois’ Lake Forest College by leaving the school $7 million when she died. Grace Groner, who died in January, at age 100, occasionally had donated small amounts to the college. But no one at the school realized she had amassed such a fortune after 43 years of secretarial work. Groner lived frugally, her lawyer said, shopping for clothes at rummage sales and living in a small house, which she also left to the college. It will be used to provide housing for the scholarship students who are aided by her bequest.

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