Oseola McCarty, 87, did one thing all her life: laundry. Now she's famous for it--or at least for what she did with her profits.

For decades, Miss McCarty earned 50 cents per load doing laundry for the well-to-do families of Hattiesburg, Mississippi, preferring a washboard over an electric washing machine. Every week, she put a little bit in a savings account. When she finally retired, she asked her banker how much money she had socked away.

"$250,000," was his reply. She was in shock. "I had more than I could use in the bank," she explained. "I can't carry anything away from here with me, so I thought it was best to give it to some child to get an education."

This shy, never-married laundry woman gave $150,000 to nearby University of Southern Mississippi to help African-American young people attend college. "It's more blessed to give than to receive," she tells reporters. "I've tried it."