WIUM Local
6:54 am
Tue February 7, 2006

Multi-Million Dollar Gift for Knox

Galesburg, IL – Knox College will receive more than $10 million from the estate of an alumnus. The gift from Walter Hobbs will be the largest the college has ever received. Hobbs was born in Nauvoo in 1904. He graduated from Knox in 1925 and later attended Northwestern University School of Law. Knox College says he practiced law for many years in Evanston and was a partner in the law firm of Shavesy and Hobbs. He died in 1989. His estate was then held in trust for the benefit of his wife, who died last month. Knox College Vice President for Advancement Brian Williams believes the money will be added to the school's endowment.