ISSUED: 11 March 2019
MEDIA CONTACT: Valerie Owens
SHEPHERDSTOWN, WV — Shepherd University announces a unique deferred gift that will provide scholarship support for deserving students in perpetuity. The Dennis L. Barron Scholarship is designated as a general academic award for residents of Jefferson County. Created by Shepherd alumnus Dennis L. (Denny) Barron, the endowed fund was established when he transferred ownership of a life insurance policy to the Shepherd University Foundation. Barron will make fully tax-deductible payments to the Foundation to cover the cost of the premiums. The gift is the first of its kind for the Shepherd University Foundation.
“I just want to help deserving students offset the costs associated with higher education, as well as the cost of living after college,” said Barron, who has also designated a portion of his estate to Shepherd to increase the scholarship fund.
A Jefferson County native, Barron retired in December 2017 as the executive vice president and chief operations officer of Jefferson Security Bank, where he had worked for 44 years. He now serves on the bank’s Board of Directors.
A lifelong participant in the local 4-H program, Barron has served as treasurer of the Jefferson County 4-H Foundation in addition to serving on the board of directors for Camp Frame, the Hedgesville-based 4-H camp. He has also acted as entertainment chair for the Jefferson County Fair since 1975 and served for 28 years as treasurer for the Shepherdstown Fire Department. In 2016, the Shepherdstown Rotary recognized Barron with its highest honor, the Paul Harris Award, in recognition of his outstanding civic work.
To learn more about creating a named fund through the Shepherd University Foundation, please contact Monica Lingenfelter, Shepherd University Foundation, P.O. Box 5000, Shepherdstown, WV, 25443-5000, 304-876-5397, email@example.com or visit http://shepherduniversityfoundation.org.
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