Wellington couple’s estate leaves $1.6 million to K-State College of Business Administration

A $1.6 million gift has been bestowed upon Kansas State University’s College of Business Administration.

The estate of Otis and Wanda Gilliland of Wellington donated the money which establishes the Gilliland K-State Family Scholarship. It will create match opportunities for 50 scholarships in support of students in the university’s College of Business Administration.

New gifts of $30,000 will be matched with $30,000 from the Gilliland’s contribution. In addition, $10,000 will go into an expendable scholarship fund, making $2,000 scholarships immediately available to students for up to five years. The remaining $50,000 will go into the endowment.

(Read more: 1350 KMAN)