News

LSUA FOUNDATION RECEIVES $2.9 MILLION GIFT

by Sarah Black | Aug 19, 2014
The LSUA Foundation received a $2.9 million donation from the John and Anne McCann Estate. This gift is in addition to another $178,000 gift that was previously donated to the Foundation.

Today, the LSUA Foundation is the beneficiary of a $2.9 million gift from the John and Anne McCann Estate.  When combined with a previous gift to the Foundation, the total amount from their charitable trust and estate will be $3,081,000.   

John Ivy McCann and his wife Rebecca Anne Cox McCann were residents of Alexandria and created the charitable trust in 1995 with the idea to share their blessings with the local community.  The estates were settled in June of this year and provided approximately $2,900,000.

The money received by the Foundation will be used for scholarships as well as providing resources to university staff and faculty.

“Our university and our community have again been blessed by the thoughtful generosity of a caring Cenla family,” said LSUA Foundation Chairman Charles Weems. “John and Rebecca McCann made their lives here, and in death made wonderful philanthropic contributions to a number of charitable organizations – the largest and most significant being a nearly $3 million legacy to the LSUA Foundation to support scholarships and enhance education for our students. LSUA and the present and future students of central Louisiana will forever be indebted to Mr. and Mrs. McCann for their incredible gift.”

John McCann was a lifelong resident of Alexandria who retired from the railroads.  Anne was a homemaker.

Before today’s gift, the McCann’s estate had previously donated to the LSUA Foundation a gift in the amount of $178,000. 

“On behalf of the LSUA Foundation and the faculty, staff and students of LSUA, I would like to extend my sincere thanks to the McCann family.  This tremendous gift will allow our Foundation to continue to support the mission of LSUA in so many ways.  Our students, faculty and staff are full of terrific energy now and this will only add to that energy! These are exciting times for LSUA,” said Melinda Anderson, executive director of the LSUA Foundation.

According to the McCann’s attorney, the couple had always had an interest in education and helping young people obtain a degree that they might not otherwise be able to.

“LSUA is benefited tremendously by individual philanthropy. These gifts provide a level of excellence not otherwise possible for the University and make it a better place for our students,” said LSUA Chancellor Dr. Daniel Howard.

John McCann died in November 2010 and Anne McCann passed away in January 2014.

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