Tuesday, June 18 2013 12:32 AM EDT2013-06-18 04:32:02 GMT
The United Way of Southwest Georgia honors more than a dozen organizations for their leadership in supporting United Way agencies. United Way raised about 1.1-million dollars this year. That's up slightlyMore >>
The United Way of Southwest Georgia honors more than a dozen organizations for their leadership in supporting United Way agencies.More >>
Tuesday, June 18 2013 12:31 AM EDT2013-06-18 04:31:27 GMT
Dougherty County School Board members want property owners to know, they won't raise your taxes despite another tight budget year. Monday night Board members held a public hearing to give people a chanceMore >>
Dougherty County School Board members want property owners to know, they won't raise your taxes despite another tight budget year.More >>
Tuesday, June 18 2013 12:23 AM EDT2013-06-18 04:23:09 GMT
The opening of Albany's new airport terminal remains on schedule despite a delay in the ceremonial opening. Travelers will begin using the new facility at Southwest Georgia Regional Airport two weeks fromMore >>
The opening of Albany's new airport terminal remains on schedule despite a delay in the ceremonial opening.More >>
Tuesday, June 18 2013 12:03 AM EDT2013-06-18 04:03:40 GMT
A Georgia girl remains hospitalized tonight with serious burns following a boat explosion on Lake Lanier. Apparently, a fuel leak led to the blast. Cell phone video captured by boaters shows a boat burningMore >>
A Georgia girl remains hospitalized tonight with serious burns following a boat explosion on Lake Lanier. Apparently, a fuel leak led to the blast.More >>
Monday, June 17 2013 11:59 PM EDT2013-06-18 03:59:55 GMT
Police are asking banks to be on the lookout for a woman who has cashed thousands of dollars in forged checks. So far, she's hit Colony Banks in Albany, Valdosta, Moultrie, and Sylvester. Sylvester PoliceMore >>
Police hope to stop a successful forger who's gotten away with thousands of dollars so far by cashing fraudulent checks at multiple south Georgia banks.More >>
January 21, 2003
Valdosta - A poor economy is taking its toll on South Georgia colleges. Valdosta State University has seen a loss in it's endowment funds.
"The investments we have made over the past 10 years have gone down in value as the stock market has seen a steep fall," said Wayne Edwards, of the VSU Foundation.
But even with those losses, VSU has managed to see an overall increase in endowments this year . Their fund recently reached $10 million. "Lately, we've received many donations, and enough that regardless of the stock market, our endowment fund is stable and actually larger than usual," said Edwards.
Endowments are a vital part of a college's livelihood, funding everything from scholarships to the hiring of new faculty.
"They are extremely important," said Edwards. "Many people think colleges and universities are state funded, but they're also partially funded by endowments," said Edwards.
And even with the college's minor losses, Edwards feels confident the market will soon improve and VSU's investments will pay off.