LeMoyne-Owen College Gets Cash Infusion From the City of Memphis

The Memphis city council voted 9-2 to award historically black LeMoyne-Owen College a cash infusion of $3 million. The college maintains that it needs at least $3 million by the end of this month in order to pay its bills. The city will give the college $1 million in each of the next three years.

The college hopes to leverage the city’s gift to get similar pledges from the county and state governments. The college previously announced that area churches had pledged to contribute $500,000 in each of the next three years. Cummins Inc., the diesel engine manufacturer, pledged another $500,000.

Copyright © 2007. The Journal of Blacks in Higher Education. All rights reserved.