Halfway home – Endowment drive seeks $5M

By Todd Cohen

RALEIGH, N.C. — The N.C. Community Colleges Foundation has raised $2.6 million in its year-old effort to raise at least $5 million.

The campaign, which is creating an endowment to support projects with statewide impact, has announced six big gifts, including $500,000 from the Z. Smith Reynolds Foundation in Winston-Salem; $200,000 from BB&T Corp. in Winston-Salem; $50,000 from Caterpillar Inc., matching $25,000 each from Gregory Poole Equipment Co. in Raleigh and Carolina Tractor in Charlotte; $50,000 from the Broyhill Family Foundation in Lenoir; $50,000 from Sprint; and $30,000 from T.A. Loving Co. in Goldsboro.

Steve Zelnak Jr., president, chief executive officer and chairman of Martin Marietta Materials, has been named chairman of the board of directors of the Community Colleges Foundation. He succeeds J. Gregory Poole Jr., chairman emeritus of Gregory Poole Equipment Co., who chaired the foundation since it was formed in August 1998.

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