VIRGINIA TECH FOUNDATION
The United Company Foundation made a substantial donation to the Virginia Tech Foundation. Payments totaled $5 million dollars and was distributed over a 10 year period and completed in 2016.
The purpose of the donation is to help the Virginia Tech Foundation support, to foster, and promote the growth, progress, and general welfare of the university.
BIRTHPLACE OF COUNTRY
Posted: Tuesday, June 23, 2015
BY DAVID MCGEE | BRISTOL HERALD COURIER
3 local foundations donate $1M to Birthplace of Country Music
BRISTOL, Va. — The Birthplace of Country Music expects to use a new $1 million donation for programming, exhibits, improvements and as a cash reserve, its executive director said Tuesday.
Three local foundations — the James W. and Frances G. McGlothlin Foundation, the McGlothlin Foundation and the United Company Charitable Foundation — agreed to jointly provide the $1 million gift over the next three years to support and solidify operations of the nonprofit organization. The gift was announced during a news conference at the BCM Museum, which now bears the names of those foundations on its atrium, performance and orientation theaters.
Posted: Wednesday, June 10, 2015 11:28 pm | Updated: 12:25 pm, Thu Jun 11, 2015. heraldcourier.com
BRISTOL, Va. — A long-time dream was realized Wednesday as officials of Morrison School cut the ribbon to formally open their new $2.2 million, 20,000-square-foot facility.
Located at 200 North Pinecrest Lane, the school serves special needs children in grades one-12. About 100 people attended a sun-drenched ribbon-cutting ceremony and an open house. Founder Sharon Morrison said she was humbled and grateful for the support to build the new school. "We have a future. Morrison School can move forward, we can offer services we haven’t been able to offer in our smaller facility,” Morrison said after the ceremony. “We’ll be adding a pre-school to help younger children. I’m just so thankful to Jim and Fran [McGlothlin] because they believed in this cause and are willing to support it.”
VIRGINIA MUSEUM OF FINE ART DONATION
The United Company Foundation made a substantial donation to the Virginia Museum of Fine Art. Payments totaled $2 million dollars and were distributed over a 10 year period and completed in 2012.
The purpose of the donation is to help VMFA support, to foster, and promote the growth, progress, and general welfare of the museum.
HOLSTON HOME FOR CHILDREN
Originally published: 2013-07-19 10:49:12 www.greenvevillesun.com
The Greeneville-based Holston United Methodist Home for Children has received $200,000 from The United Company Charitable Foundation, the first contribution toward a $1 million gift to be completed by 2017.
The donation was announced May 31 at the annual "Friends of Children" luncheon held this year at the Olde Farm in Bristol, Va. James "Jim" McGlothlin, chairman of The United Company Charitable Foundation, made the surprise announcement following a passionate speech he gave about how the prosperous should care for those less fortunate, especially children.
The United Company Foundation made a substantial pledge to VCOM (Edward Via College of Osteopathic Medicine). Payments will total $1 million dollars and will be distributed over a 10 year period, completed in 2028.
The purpose of the donation is to help VCOM support, to foster, and promote the growth, progress, and general welfare of the college.
The Edward Via College of Osteopathic Medicine (VCOM) is a four-year osteopathic medical school offering the Doctor of Osteopathic Medicine (DO) degree. Osteopathic physicians are licensed in every state to practice the full scope of medicine including examining patients, diagnosing illness, writing prescriptions, performing surgery, as well as providing musculoskeletal manipulation. Osteopathic physicians enter every field of medicine from family practice to neurosurgery. The majority of osteopathic physicians; however, practice primary care, with approximately one-fourth of the profession providing care in small communities and rural areas.
JOHNS HOPKINS UNIVERSITY
The United Company Foundation made a substantial pledge to the Johns Hopkins University. Payments will total $1.5 million dollars and will be distributed over a 5 year period, completed in 2021.
The purpose of the donation is to help support, to foster, and promote the growth, progress, and general welfare of the university's medical research.
HIGHLANDS FELLOWSHIP COLLEGE
The United Company Foundation made a substantial pledge to Bluefield College / Highlands Fellowship. Payments will total $500,000 and will be distributed over a 10 year period, completed in 2028.
The program offers life-changing experiences through an affordable, accessible, and fully-accredited institution. HF College program is for anyone looking to gain a college education while receiving hands-on experience and training in leadership and local church ministry. We are all “equipped for a purpose”. So, whether we serve full-time in the local church, global missions, or the business marketplace, HF College is kingdom focused on fulfilling the Great Commission and Great Commandment.
Each December donations totaling over $1 million dollars are distributed by foundation directors to local non-profit agencies. The list of recipients included area health and human service centers, schools, colleges, emergency responders, police agencies, foundations, food banks, and as well to arts and entertainment organizations in both Bristol VA & TN and parts of the Mountain Empire.