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St. James receives $1 million gift

January 14, 2001

St. James receives $1 million gift



By TARA REILLY / Staff Writer


Saint James School recently received a $1 million gift from a Virginia-based scholarship foundation.

The gift will be put in the George and Carol Olmsted Scholarship Fund at the school for candidates who need financial help to pay for tuition at Saint James, according to a statement from the school.

The fund was set up in 1995 with a $15,000 grant from the foundation, which has been adding to the fund annually.

The George and Carol Olmsted Foundation, in Falls Church, Va., donated the recent gift to honor Admiral James L. Holloway III, who graduated from Saint James in 1939. Holloway, who is now retired, was also a former director of the foundation for more than 22 years.

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In return for the gift, the school will allow the foundation board to name the new girls' dormitory, which is being built on the 158-year-old campus.

The board decided to name the dormitory after Holloway and his late son, James L. Holloway IV, who graduated from Saint James in 1963.

Admiral Holloway is a 1942 graduate of the U.S. Naval Academy. He retired in 1978 as the 20th chief of naval operations after 39 years of active service in the Navy, during which he served in combat in three wars. He served on the Board of Trustees of Saint James School from 1964-1965 before resigning to take command of the USS Enterprise.

He returned to the board in 1968 and served until 1970, when he was called to overseas duty again. He came back to the board in 1973 and was elected chairman in 1989. He retired from the school's board in 1999.

"This is where he grew up, and this is where he learned all those life lessons and skills he brought to his remarkable career in the Navy," said Rev. D. Stuart Dunnan, headmaster of Saint James School. "At Saint James, he learned to tell the truth, to fight the good fight, to lead as a servant and to endure to the end."

Dunnan also praised the Olmsted Foundation for the gift and providing the opportunity for Saint James to build "new leaders" like Admiral Holloway.

"What began here for him is beginning here for others," Dunnan said.

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