JACKSON, Tenn. — A $10 million lead gift by the Bill and Carol Latimer Charitable Foundation is the largest cash gift in Union University’s history and will provide funding for a new 60,000-square-foot library on the Union campus.
Union President David S. Dockery announced the gift Oct. 3.
“It is hard to describe the significance of this gift at this time in the life of the university,” Dockery said. “Union’s academic stature has never been greater. This gift, however, will enable the entire university and all of its programs to take another step forward because a library is the intellectual, cultural and academic center of the campus.”
Dockery also announced a capital campaign to raise an additional $10 million for the library toward the overall goal of $20 million.
The gift from the Latimers, of Union City, Tenn., will match every dollar given up to $10 million.
Dockery said Union has already raised $4.4 million of that goal in gifts and pledges.
All gifts and pledges made by December 2012 and given before December 2014 will be matched by the Bill and Carol Latimer Foundation in support of the library project.
Dockery expressed gratitude for the Latimers, who were in attendance at the banquet, as were all of the foundation board members. (TAB)
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