Prevention is Superior to Treatment

A recent $8 million bequest to the University of North Carolina at Chapel Hill will provide critical resources to the College of Arts & Sciences and UNC Kenan-Flagler Business School.

The unrestricted gift from Stephen M. “Steve” Cumbie ’70, ’73 (MBA), CEO and principal of NVCommercial Incorporated, NVRetail and Metro Realty Group, will allow leadership to seize emerging opportunities as they continue to fulfill their ambitious teaching, research and public service missions.

A longtime supporter of his alma mater, Cumbie has provided invaluable, substantial support to the University over the years. 

“Steve Cumbie’s bequest builds on his legacy of philanthropy at Carolina and shows his commitment to our University’s critical mission,” said Chancellor Kevin M. Guskiewicz. “Providing our leaders with unrestricted funding allows them to flexibly respond to emerging priorities, making our University better equipped for whatever the future may hold. Steve’s investment makes this possible, and we are grateful for his support.”

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