On February 20, 1828, 105 individuals subscribed to the Lebanon Seminary Fund. These true founders of McKendree College, whose names are recoded in the McKendree College Centennial History, are the models for the William McKendree Society. Each was a philanthropic leader, a patron of independent higher education, and a supporter of the college mission.

Today, the generosity of Society members continues to make a difference in the life of the University and helps perpetuate the vision of the original subscribers by seeking to provide for today's students and future generations.