When Z.
Smith Reynolds died at the age of 21 in 1936, he left behind three siblings who set up the foundation that bears his name and has given more than $667 million to support public education in North Carolina, USA Today reports.
His youngest, Xavier Reynolds, is the director of the UNC-Chapel Hill's Center for Racial Equity in Education.
He tells the News & Observer that he's "not neutral" about the foundation, but he wants people to know that "I am not neutral about the ZSR Foundation.
Here, to be transparent and to express gratitude, let me acknowledge that I am not neutral about the ZSR Foundation."
The foundation's first grant was to the state health department to fight venereal disease, and it's given scholarships to women and black students, among other things, the News & Observer reports.
It's also been active in higher education, specifically in the area of women and black students.
It's not the foundation's first foray into education, either.
It started in the 1960s with a grant to the state health department to fight venereal disease, and in the 1960s it supported the North Carolina Fund, an anti-poverty initiative of Gov.
Sanford.
The foundation
Read the Entire Article
A customized collection of news from foundations from around the Web.
First Enterprise Business Agency (FEBA), a Nottingham-based business support organization, is a contender for two categories at the first Citi Microentrepreneurship Awards to be held this coming February.