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101-year-old woman’s will gives $14 million to U of M

Myrtle Stroud of Windom was 101 when she died last year, and today it was announced that her estate has given nearly $14 million to the University of Minnesota, to be used for scholarships.

University officials say it’s the biggest gift for scholarships they’ve ever received.

Stroud and her husband, Charles, both attended the University, she in 1932 and he in the 1920s. He was a businessman and investor. They had no children.

Forty-five students will get help from the Charles E. and Myrtle L. Stroud Scholarship this fall, and that number will increase as  the endowment is fully established and invested, officials said.

Said University President Eric Kaler in a statement:

“With this extraordinary gift, Myrtle Stroud is providing much-needed access to students who might otherwise have difficulty attending the university. Myrtle Stroud’s generosity will have an impact that may be more far-reaching than she ever imagined. For years to come, scores of excellent students proudly will be honored as Stroud Scholars.”

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