WILMINGTON, N.C. – The University of North Carolina at Wilmington has received over $1 million from BB&T Corp. for a program in business ethics and $350,000 from Harris Teeter and the Dickson Foundation to support student health and wellness.
The gift from BB&T will create the Moral Foundations of Capitalism program at the Cameron School of Business at UNCW.
The gift will establish the BB&T Student Managed Investment Fund, which will provide annual proceeds to establish and fund the BB&T Global Capitalism Lecture Series, the BB&T Institute for Global Capitalism and Ethics, and several additions to the curriculum that focus on teaching the moral bases of the economic system in the U.S.
BB&T also is a lead sponsor of the business school’s annual Business Week event, which brings corporate leaders and entrepreneurs to campus, and last year established a scholarship fund, endowed at $50,000 to support student athletes at UNCW.
UNCW will use the gift from Harris Teeter and the Dickson Foundation to update and maintain equipment in the Harris Teeter Fitness Center, which the school dedicated April 3 in its Student Recreation Center.
UNCW also will use the gift to enhance exercise classes and other programs.
Charlotte-based Harris Teeter, a wholly-owned subsidiary of Ruddick Corp., has contributed nearly $100,000 to UNCW over the past 10 years, including support or the Division of Student Affairs, Watson School of Education, N.C. Teachers Legacy Hall and athletic programs.