A-B Tech Receives Gift
A-B Tech Community College announced the receipt a $5 million gift from longtime college supporters Jack and Carolyn Ferguson during the College’s recent annual fundraising gala in Asheville.
Believed to be the largest private donation to the College, the funds will be a transformational gift according to President Hank Dunn. “After more than 50 successful years in Asheville, this will help propel the College into the next 50 years. The Fergusons’ support has been invaluable,” he said.
In 2000, the BASF donation of nearly 37 acres and three buildings to A-B Tech was the largest gift of property in history to any community college.
The gift is for the naming rights to the College’s new Allied Health and Workforce Development building being developed to provide 21st century facilities to train students for 21st century jobs.
Speaking to the Ferguson’s, Dunn said, “You have changed lives well into the future. You will help us be a better world-class school. You do so much for our students.”
“What we do for young people is our hope for tomorrow,” said Jack Ferguson.
The Ferguson’s also donated $100,000 to establish four more endowed scholarships through College’s foundation, in addition the Ferguson Family Trust Endowment they created in 2008.
“The building is important, but we need scholarships, too,” said Carolyn Ferguson.
