Community Foundation invests in transforming a college – and a city
Carol Johnson-Dean
Dr. Carol Johnson-Dean is interim president of LeMoyne-Owen College. Prior to that, she served as executive director of New Leaders for New Schools Memphis and superintendent of Memphis City Schools.
Bob Fockler
Bob Fockler is president of the Community Foundation of Greater Memphis, the largest charitable grantmaker in the Mid-South. The Community Foundation manages 1,200 charitable funds for individuals, families and organizations, including the Mid-South COVID-19 Regional Response Fund.
The Community Foundation of Greater Memphis' $40 million gift to LeMoyne-Owen College is one of the largest received by any HBCU nationally. It's designed to propel the college to the next level in higher education.
Related stories
$40 million endowment ‘transformative’ for LeMoyne-Owen
The endowment from the Community Foundation of Greater Memphis is the largest in LeMoyne-Owen College’s history.
A $40M gift to LeMoyne-Owen was ‘the right thing at the right time’
College President Carol Johnson-Dean took the call announcing the largest endowment the 158-year-old school had ever received: “I literally began to cry.”
U of M athletics announces cost-reduction measures because of COVID-19
In coronavirus' wake, the University of Memphis athletics department is cutting 14% from administrative and sports operational budgets and personnel savings for the 2020-21 school year. Some coaches and administrators, however, are stepping in to financially support the department and the Tiger Scholarship Fund.
Want to comment on our stories or respond to others? Join the conversation by subscribing now. Only paid subscribers can add their thoughts or upvote/downvote comments. Our commenting policy can be viewed here.