MANATEE -- Education students from Manatee County stand to benefit from a large bequest of the estate of Francis E. and Gaile McCracken, the University of South Florida Sarasota-Manatee announced Tuesday.
When he died last August Francis McCracken left a bequest in his will that added more than $1 million in endowment to the existing McCracken Educator's Scholarship Funds for future teachers from Manatee County studying at the school.
“As dedicated educators, the McCrackens believed in the value of creating a steady supply of future teachers, as well as helping Manatee County students offset the rising cost of a quality education,” said USFSM’s Regional Vice Chancellor for Advancement Dennis Stover, in a news release. “The McCracken Educator’s scholarships in the USF Sarasota-Manatee College of Education ensure a wonderful legacy of generosity that will impact future educators and our region for many years to come.”
The bequest raised the couple's contributions to the education program at USFSM to almost $1.3 million, the university said.
The McCrackens were both retired school teachers who "lived modestly and invested carefully," the release states.
"In 2007, Francis created the McCracken Educator’s Scholarships at USF Sarasota-Manatee, and was proud to provide a legacy of financial support and access to higher education for Manatee County students attending USFSM," the release states.
Scholarship recipients are selected based on financial need and academic performance.