University of Memphis athletic department receives $10 million g - Action News 5 - Memphis, Tennessee

University of Memphis athletic department receives $10 million gift

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MEMPHIS, TN -

(WMC-TV) - A $10 million gift is being given to University of Memphis' athletic department.

The donation, which was announced Monday, is being provided by Bill and Nancy Laurie. According to the university, it serves as the "single largest philanthropic gift in the history of the athletic department."

Bill and Nancy Laurie are both U of M graduates. Bill played on the men's basketball team. The couple has given numerous gifts in support of the arts, athletics and education at University of Memphis.

"The University of Memphis and its proud athletics tradition played an extremely important role in shaping our lives," said Bill and Nancy Laurie in a statement announcing the donation. "We are honored and gratified to play a role in support of the institution's commitment to help guide current and future student-athletes toward their ultimate goals in life."

The $10 million contribution will go toward the capital campaign for athletic facilities.

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