“The
Endacott Family and the KU Retirees Club”
-
A presentation by Prof. William J. Griffith, Oct. 8, 1998
The
K.U. Retirees Club, in every sense, is a gift of the Endacott family. Paul
Endacott conceived the idea, planned and described the project in exquisite
detail, and he, and his wife Lucille, and the
members of their families – individually and collectively through the
Endacott Foundation – made multiple gifts that brought it to reality. To our
best knowledge, it is an organization that is unique among universities in the
country. We believe it to be appropriate, at least once a year, on a
commemorative Founders Day, to remind ourselves, and to let our new members
know how our Club came to be.
Paul
Endacott, a K.U. honor student and basketball star, was an engineering graduate
of 1923 who, along with other distinguished K.U. engineering graduates made
their professional careers with the Phillips Petroleum Company. After
graduation, service on the Boards of the Alumni Association and the Endowment
Association, and as head of the Frank Phillips and Endacott Foundations,
alerted him both to the degree to which educational institutions had come to
depend on individual giving, and to the low level of alumni contributions to
the support of K.U. That experience served to sharpen his perception of his own obligation, and
that of all graduates to “pay at least partial restitution for having received
an education which has contributed significantly toward their earning a livelihood,”
and is determination to find a new and more effective device “capable of
triggering support from a vastly higher percentage of former students.” His own
feelings of gratitude and respect toward faculty and staff members who had
“gone beyond the call of duty” to help him as an undergraduate, and the
frequency he noted, during his term as national President of the K.U. Alumni
Association, with which conversations at alumni gatherings turned to
recollections of a favorite professor suggested a form that device might take.
Mr.
Endacott began to consider a way to knit all these factors into a single
project. In 1986 he made an initial gift
that opened in the Endowment Association an independent account, later
identified as the “Suspense Fund,” to finance a project to be defined later
that would enable the University to provide a needed service that its regular
budget could not support, and that would so clearly honor faculty and staff
that grateful former students would be attracted to support it by gifts
honoring individuals they greatly respected or for whom they felt particularly
indebted. In the meantime, he sought a commanding site on which to construct a
handsome building to house the project that would constantly remind and
stimulate former students to make such “Expressions of Appreciation” as contributions to
the University. The area now occupied by this building, then a temporary
parking lot, was ultimately designated as the construction site.
Mr.
Endacott then elaborated a plan for a
In
September, 1977, Mr. Endacott learned that a projected
It
is highly appropriate that, in quarters provided by Endacott generosity, we express
our gratitude to the family that made our Club possible. We recognize that the
opportunities it provides, otherwise impossible,
enable K.U. retirees to lead fuller and more rewarding lives.