Columns:: UGA receives $3.28 million from Nunnally Trust Fund

since 12/15/98

Columns::February 17, 2003

Mid-year external grants and contracts up by 17.2 percent
Ninth international symposium will explore ‘Globalization and Change in Central Asia’
Seeds of undergraduate humor win prizes at flower show
Proposals for engineering degrees, institute sent to Board of Regents
Broadcast journalist Barbara Walters to host Peabody luncheon
Residence hall sign-up now on line
Law and order: Criminal justice studies at UGA marks its 25th anniversary
Professor researches true picture of UGA's minority grad students
Kudos
Retirees
Can ethics be taught?
Working on the campus master plan

Campus News

UGA receives $3.28 million from Nunnally Trust Fund

By Larry B. Dendy
ldendy@uga.edu

The university has received a $3.28 million trust fund that was established 27 years ago by a man who graduated from UGA nearly 100 years ago.
The late George Winship Nunnally of Atlanta created the fund with $1 million in 1975 to provide for his wife, Iona, following his death. Nunnally, a former president of the Nunnally Candy Co. and a 1904 graduate of UGA, stipulated that the fund transfer to the university when Mrs. Nunnally died.
At the time of her death last year, the fund had more than tripled in value. After all the legal paperwork was completed, UGA received $3,281,139 in the Iona Nunnally Trust Fund.
Nunnally, who died in 1975 at age 90 shortly after establishing the trust, had made earlier gifts to UGA. The trust brings his total donations to more than $4 million, making him one of the university’s larger individual private donors.
“Mr. Nunnally was a man who loved his wife and his university, and was able to provide for both of them in a generous way,” says President Michael F. Adams. “He was determined to help advance academic excellence at UGA even though he might not be here to see it happen. We are deeply grateful to Mr. Nunnally for his vision and commitment.”
The trust comes to UGA 99 years after Nunnally, whose father started the Nunnally Candy Co. in 1884, received a bachelor of arts degree from UGA. He also attended Yale University before joining the company. He became vice president in 1907 and president in 1920.
He was also a director of the Coca-Cola Co., Delta Air Lines, the Trust Company of Georgia and the Citizens and Southern National Bank.
Prior to his death, Nunnally made a major gift of Coca-Cola stock to UGA. Proceeds from that gift created the Winship Nunnally Scholarship, now a part of the Foundation Fellows program, UGA’s top scholarship program.
Nunnally was a founding member of the Presidents Club, an organization of leading private donors to UGA.
Born in Atlanta in 1885, Nunnally was an avid pilot. He was a lieutenant colonel in the Civil Air Patrol in Georgia during World War II and was one of the first CAP wing commanders in the state.

UGA Today supports QuickTime, Flash, RealPlayer and Acrobat Reader (PDF files).
Download information about these plug-ins.
Affiliate icons for UGA Today

COLUMNS ] UGA Today ] Subscribe ] News Bureau ]
Office of Public Affairs Directory ] Photo Services ]
Broadcast, Video & Photography ] Master Calendar]
Columns ] Georgia Magazine ]Visitors Center ]
UGA Home ] Alumni ] Admissions ] UGA Directories ]
Sports ] Weather ] Search UGA sites ]

Columns is produced by the UGA News Service, a unit of UGA Public Affairs.
Beth Roberts: Columns editor, Juliett Dinkins: Columns managing editor,
Janet Beckley: Columns art director. Peter Frey: Columns photo editor

Questions or comments should be directed to columns@uga.edu