At last in 1884, Commissioners appointed under the Educational Endowments (Scotland) Act of 1882, proposed a scheme for his money to be used for the creation of a secondary school to serve the East Neuk of Fife. On 6 September 1886, The Waid Academy opened for the first time.
In 1884, Commissioners appointed under the Educational Endowments (Scotland) Act of 1882 suggested a plan to use funds for establishing a secondary school in the East Neuk of Fife. On September 6, 1886, The Waid Academy was inaugurated.