Retired San Diego Teacher Who Dabbled in Stock Market Gives Back With $2.7M Endowment

For one San Diego teacher, 31 years of guiding students wasn’t enough.

He’s now giving back even more. Literally.

William Wade, a teacher in the San Diego Unified School District over multiple decades, has established a $2.7-million endowment for undergraduate San Diego State University students.

Wade’s generosity is seemingly made possible from his investment in the stock market in the 1960s, which he continued to build upon over the ensuing decades.

He came to San Diego in 1946 after a tour in the Pacific Ocean during World War II and enrolled at San Diego State College.

He started in engineering before soon switching to business and eventually decided to become a teacher his senior year.

After graduating in 1950, Wade went on to teach math and business in four different junior high and high schools with the San Diego Unified School District and at Mesa Community College.

San Diego State officials say Wade will combine annual cash rewards with a large planned gift, so that the school can immediately begin awarding scholarships in his name.

“My plan is to contribute cash each year and then my estate will go mostly to the university,” he said in a SDSU news release.

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