Charter Foundation Awards Grant to Point University
Publication date: 14 December 2012
Yesterday, the Charter Foundation, Inc. awarded Point University a $250,000 grant for its Point Forward capital campaign. The grant will be awarded in annual installments of $50,000 over five years.
The Charter Foundation, a nonprofit charitable foundation, was established in 1994 by the members of CharterBank. It provides funds to eligible nonprofit organizations in its original markets to help them carry out unique, innovative projects in specific fields of interest.
“We are thrilled at the influx of wonderful people into the Greater Valley Area who have come here with Point University,” said Bob Johnson, president and chief executive officer of CharterBank. “Our financial contribution to Point’s capital campaign shows our confidence that Point will have a positive, lasting impact on our local economy and our quality of life. We also believe that our community will be good for Point and its people. ”
The Point Forward capital campaign is a $20 million campaign to raise funds for real estate renovation and acquisition in West Point, Ga. It will also raise money for a building endowment and transition year investments, which helps the University with overall relocation costs now and with maintaining its first-class facilities in the future.
“The Charter Foundation’s gift is a tremendous expression of the generosity toward and support for Point University, “said Dean Collins, president of the University. “This generosity and support is representative of a partnership that serves our students, who in turn will serve our community.”
The Point Forward capital campaign has raised $9,490,000 toward its goal, with all contributions planned to be received by December 31, 2014. For more information about the Point Forward capital campaign and to see how you might be able to help, visit point.edu/campaign.
Pictured from left to right: Joe Ragland, Jr., president of of CharterBank's Troup.Chambers County region; Susan Bullock, CharterBank's West Point branch manager; Bob Johnson, CEO of CharterBank; Dean Collins, president of Point University; and Leslie Smith, a Charter Foundation board member.
-Joy Ugi, Communications Coordinator