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Shepard’s great-grandson gives $100,000 to establish scholarship endowment

Published: Monday, October 25, 2010

Updated: Monday, November 8, 2010 13:11

green_endowment

Carlton Koonce/Echo staff photographer

Isaac H. Green presents a $100,000 pledge to Chancellor Nelms. His company, Piedmont Investment Advisors, manages about $3.1 billion in assets and is one of a few mutual funds based in the Triangle.

Vision is a word that has been resonating at N.C. Central University since its founding over 100 years ago.

On Oct. 26 in the Emma Marable Room of the William Jones Building, founder James E. Shepard's great-grandson, Isaac H. Green, CEO and President of Piedmont Investment Advisors, LLC, presented a $100,000 check to NCCU Chancellor Charlie Nelms to help establish an endowed scholarship fund.

The Durham based company is located on West Chapel Hill Street and provides services to individuals and corporations including endowments and public funds.

Some of their clients include the California Public Employees' Retirement System and North Carolina Mutual Life Insurance Company.

When completed the fund will provide scholarship support for students studying in the School of Business.

Green was joined in the presentation by several members of Piedmont Investment Advisors including the executive vice president Dawn Paige, vice president Pamela Green and director of marketing Robin Costello.

"Unless you're born wealthy, education is your best opportunity to enjoy life," said Nelms during the presentation. Nelms said that vision was established by Shepard at the University's founding and that NCCU invests in the success of others.

"We want to build on that," said the Chancellor. "Scholarship support is important. Our goal is to grow the endowment."

Growing the University and its opportunities for students of North Carolina is a vision of Green. He said that his great-grandfather died before he was born. He said that there were many Eagles in his family, including his mother and sister, and that they were active in all of the University celebrations but not in any official capacity.

"I think Dr. Shepard would be filled with happiness at how we achieve our mission at NCCU," said Green about the University today.

"In ten years we will still be here in Durham bigger and better and still serving the needs of students," he said.

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