Students at Wright City High School have received a generous gift toward their future thanks to a former student.Chester Hoefner, a Wright City graduate who recently passed away, donated a large …
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Students at Wright City High School have received a generous gift toward their future thanks to a former student.Chester Hoefner, a Wright City graduate who recently passed away, donated a large portion of his assets.The 89-year-old alumni first donated $50,000 to his church, before allotting the remaining amount between two schools. Hoefner vowed to leave half of his remaining assets to the school district of Green Ridge, Mo., where he resided at the time of his death in December.The other half will go toward scholarships for students in the Wright City R-II School District. Superintendent Dr. David Buck anticipates the amount will be over $1 million after the sale of his estate along with cash assets.“This could be a game changer for our kids,” said Buck. “What a generous way to leave a legacy for years to come.”Buck says it has been relayed that the district will receive the first gift of $500,000 in cash assets relatively soon and then receive the additional amount upon the sale of the estate.“Once it is determined how much we will be getting, we will look at how we want to divide and distribute those funds over time to students,” said Buck.Typically, the primary source of scholarship funding comes from the Blue and Gold Auction, which provides between $30,000 to $50,000 in scholarship money each year.“Depending how long we want these donated funds to last, it could double what we typically provide for our students,” said Buck.Hoefner, who was born in New Melle, never married or had children. His estate includes a 295-acre farm outside of Sedalia.Wright City R-II