Timber windfall – ECU, 3 counties benefit

East Carolina University in Greenville and three rural coastal counties in the eastern part of the state will benefit from a foundation created with $30 million from the estate of a timber dealer who died last year, The News & Observer in Raleigh reported Aug. 22.

Harold H. Bate, who died at age 93 and had contributed quietly to many causes, created the Harold H. Bate Foundation to support ECU and groups in Carven, Pamlico and Jones counties.

About $336,000 will be distributed to 39 groups this year, Dennis Ball, a New Bern accountant who advised Bate for 15 years, told the N&O.

Bate wanted his wealth to benefit education, recreation and the region’s quality of life, Ball said.

For full story, go to The News & Observer.

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