- Associated Press - Tuesday, October 17, 2017

CHAPEL HILL, N.C. (AP) - Two families have pledged more than $60 million to the University of North Carolina-Chapel Hill as the school starts a new fundraising campaign.

The university said Steve and Debbie Vetter of Greensboro have promised to give $40 million to the school to help military families, the business school and the athletic program.

John G.B. Ellison Jr. of Greensboro is giving the school $10 million for faculty recruitment and has promised another $11 million worth of artwork.

The Vetters graduated from the school in 1978. Steve Vetters leads a company that makes pavement markers

Ellison received degrees from UNC in 1969 and 1972. He owns a company that makes X-ray equipment.

UNC-Chapel Hill wants to raise more than $4 billion in the next five years.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.


Click to Read More

Click to Hide