Officials with University of Chattanooga Foundation, which runs an endowment for UTC, reported that the economy wasn’t hindering financial contributions to the university.
The UC Foundation received $14 million in gifts this year, an increase from $9 million in gifts last year, said Roger Brown, UTC chancellor.
There are also more individual donors, he said.
Dr. Brown also told the UT system board that Ruth Holmberg, former publisher of the Chattanooga Times, will be the first female chair of the UC Foundation since it was founded 40 years ago.
Joan Garrett has been a staff writer for the Times Free Press since August 2007. Before becoming a general assignment writer for the paper, she wrote about business, higher education and the court systems. She grew up the oldest of five sisters near Birmingham, Ala., and graduated with a master's and bachelor's degrees in journalism from the University of Alabama. Before landing her first full-time job as a reporter at the Times Free Press, she ...
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