Andrew Squire in 1919 provided in his will that his Valleevue Farm should be "held in perpetuity for the use and benefit of the teachers and students of the women's college of the Western Reserve University." He specified, "I desire it cultivated and preserved as a farm for educational purposes, and to be a place where the practical duties of life may be taught; where the teachers and students can come in close contact with Mother Earth; and where those needing rest and recreation may obtain it. I desire that the woods thereon be kept and improved, so that all the young women in any way connected with the may learn practical botany, may learn to love and enjoy the beauties of nature, trees, and flowers; and obtain a breadth of life that can only come from a familiarity with nature."
He further suggested, "It would be good for many of the young women to actually aid in the cultivation of the farm and in the care of the animals and fowls thereon...," and he asked that the farm be "designated for the purpose of broadening the views of the young ladies, bringing them nearer to nature and to God and teaching them to love the forests, fruits, birds, flowers, and animals; that reforestation is one of the great needs of this country; and that the best education and the truest happiness is found in constant and steady work that shall be helpful to their fellows, instill a love of home and family, that shall respect the rights and property of others."
According to a 1924 map, Valleevue Farm at that time was comprised of two hundred seventy-seven acres, of which eighty were cultivated (including an arboretum and drug garden), sixty-seven were pasture, one hundred five were in woods (including a twenty-five acre sugar bush) and twenty-five were orchards. Mr. Squire died in 1934 and his wife Eleanor Squire died in 1937. Her will confirmed the bequest.
In 1977, the gift of a portion of neighboring Valley Ridge Farm from the heirs of Jeptha Homer Wade II added 104 acres to the University Farm which not only greatly increased the Farm's size, but dramatically reinforced its prominence. Other neighbors, the Hollisters, gave two additional five-acre parcels in 1984 and in 1995. These gifts made it obvious that future developments at the Farm would require careful thought so that beautiful and fragile features of the property could be preserved.
In May 2013, an anonymous donor’s generous gift to the university allowed the purchase of 9 acres of land adjacent to the farm property. This fifth gift to the university increased the property to 400 acres. The property contains two ponds, forested and meadow areas that allow expanding the research and conservation programs onsite.