A $40M gift to LeMoyne-Owen was ‘the right thing at the right time’
Otis Sanford
Otis Sanford is professor emeritus of Journalism and Strategic Media at the University of Memphis and political commentator for WATN-TV ABC24 News. Contact him at o.sanford@memphis.edu.
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.”
Otis Sanford on demand
Never miss an article. Sign up to receive Otis Sanford's stories as they’re published.
Enter your e-mail address
Related stories
LeMoyne-Owen launches national campaign to raise $1.2 million
The historically black college in South Memphis also plans to increase alumni giving from 8% to 30%.
LeMoyne-Owen College president remembers two philanthropists
James S. Gilliland and Peter Formanek "changed the life trajectory for many of our students who are often first generation college-goers, and who would, otherwise, have little to no opportunity to contribute meaningfully in our society."
$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.
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.