Names Building in Honor of President Yancy
November 14, 2013 – Shaw University’s
Board of Trustees voted to name a campus building in honor of Dr. Dorothy
Cowser Yancy, the University’s current president. The vote was passed during the
October Board meeting.
President, Dr. Yancy’s achievements have been remarkable and she has led this
University during times of extraordinary challenges and circumstances,” said
Dr. Joseph N. Bell, Chairman of the Board of Trustees. “The Board thought it
fitting to leave a permanent reminder of Dr. Yancy’s legacy at Shaw by naming a
building in her honor.”
began her first term as Shaw’s president on June 1, 2009. During her first
year, she was able to stabilize the financial state of the University by
securing a $31 million federal loan. She restructured and refinanced the
University’s debt, balanced the budget, raised the Composite Financial Index
(CFI) score to a positive number and recruited one of the largest freshmen
classes in the history of the University.
arrived back at Shaw on September 1, 2011 after the campus had been destroyed
by the April 16, 2011 tornado. By April 16, 2012, the devastation had been
abated and all buildings were back in use. Currently, she is leading the
University through five program accreditation reviews and the regular SACSCOC
reaffirmation, with the social work program receiving re-affirmation last
month. Her tenure at Shaw has been marked by an increase in alumni giving,
endowment creation and academic enhancement.
deeply honored and humbled by this naming” said Dr. Yancy. “It has been a
privilege to serve the Shaw community as president of this illustrious
University and I am thankful to the Board of Trustees for this tremendous
is the fourteenth and sixteenth president of Shaw and was the twelfth president
of Johnson C. Smith University (JSCU). She is the first female to hold each of
these prestigious titles. As president of JSCU for 14 years, she completed two
significant capital campaigns. From 1994 to 2008 she raised more than $145
million for the university. Additionally, during her tenure, the JCSU endowment
more than tripled from $14 million to $53 million. In 1996, the university was
awarded the John D. and Catherine T. MacArthur Foundation Genius Grant. JCSU is
the only HBCU that has received this grant. In addition, JSCU was the first
HBCU to become an IBM “Thinkpad” University. At retirement in 2008, she left
the university with a balanced budget and a $10 million rainy day fund.
September, the Board of Trustees announced the appointment of the Shaw
University Presidential Search Committee. A national search has commenced to
replace Dr. Yancy who will be retiring.