Antioch College to receive $1.5 million bequest
- Published: July 21, 2010
A $1.5 million bequest to Antioch College from alumnus Bernard A. West was announced today by the college in a press release.
A recent ruling by the Superior Court of the Virgin Islands, where West lived, determined that the college was the proper recipient of the funds, which will be transferred to a trust until the college reopens. The court had been asked to declare that the bequest, made in West’s 1986 will, had lapsed when operations were suspended at the college, the release said.
“We are privileged to be able to honor the wishes of our alumnus Bernard West and we look forward to welcoming students from the Virgin Islands to Antioch College,” Interim President Matthew A. Derr said in the release.
West attended Antioch College from 1932 to 1933 and later became president of a communications consulting firm and acted as a real estate speculator in the Virgin Islands. He left one-half of his residuary estate to the college, according to the release.
Once the college re-opens, half of the $1.5 million will be used for general semantics, group dynamics and/or psychodrama and the other half will be used to create a scholarship fund for students who are residents of St. Croix in the U.S. Virgin Islands, the release said.
For more information on the bequest see the July 29 print edition of the News.