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New $200 Million Endowment locating in downtown Greenville!

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The United States Endowment for Forestry & Communities Inc. was formed Tuesday and will be based in an office which will be selected in downtown Greenville.

Carlton Owen, the new CEO of the endowment had this to say:

Owen called it a "very complicated agreement" that went into effect last month, resolving a "big issue" involving Canada's biggest industry while creating a local endowment with the ability to dispense $10 million a year in grant money, drawing suitors from around the country.

"That train of people has already started, even before we intended it to," Owen said.

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