ATHENS, Ga. -- The University of Georgia has received a $3.2 million trust fund established by a man who graduated from the school nearly 100 years ago.
The late George Winship Nunnally of Atlanta created the fund in 1975 with $1 million to provide for his wife, Iona Nunnally, after his death.
Nunnally was a former president of the Nunnally Candy Company and a 1904 graduate of the university. He stipulated that the fund be transferred to the university when his wife died.
At the time of her death last year, the fund had more than tripled in value.
Nunnally died at 90, shortly after he established the trust. The gift brings his total donations to more than $4 million, making him one of the university's larger individual private donors.
The trust comes to the university 99 years after Nunnally received a bachelor of arts degree from Georgia. He also attended Yale University before joining the candy company that his father started in 1884.
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