Secret Millionaire Donates Her Fortune To Lake Forest College

Lake Forest College's Cleveland Young International Center is likely to benefit from Grace Groner's donation. Photo courtesy Lake Forest College.

Grace Groner stuns Lake Forest admin after her January passing.

One-hundred-year-old Grace Groner was an alumna of Lake Forest College in Chicago who passed away this past January. She spent her life in a one-bedroom suburban home and once funded a Lake Forest scholarship, but her final good deed before she died gave the college a huge surprise this week.

Grace Groner donated her $7 million fortune to Lake Forest College as part of her will. The money came from an investment worth just $180 in 1935, and it's thought that Groner lived modestly in order to donate the millions after her death.

Reports explain that Grace Groner intended for the money to go toward study abroad programs and internships. Years ago Groner donated $180,000 to Lake Forest for the same purpose.

Love good deeds like Grace Groner's? Then read about the generous donation Sarah Palin has just made to assist with earthquake relief efforts in Haiti and Chile. Or if you just love the thought of splashed-out big money, then start reading up on pre-Oscar parties!