Cummins Inc. is making a $500,000 grant to the LeMoyne-Owen College in Memphis, TN. The company disbursed the first $100,000 in late December, with the remainder coming in installments through December 2009.
LeMoyne-Owen is one of 39 historically black colleges and universities in the U.S. and was a founding member of the United Negro College Fund. Cummins has had a longstanding relationship with this small, four-year college located near downtown Memphis, through previous financial support, student internships and mentoring programs.
“Cummins considers LeMoyne-Owen to be a valuable asset to the city and an institution with a bright future,” said Tracy Souza, president of The Cummins Foundation, which makes charitable grants on behalf of the company. “This grant, which extends our long-term partnership with the college, is consistent with Cummins’ core values of serving and improving the communities in which we operate.”