In 2008, Western Carolina University and the BB&T Foundation formed an agreement to establish The Moral Foundations of Capitalism Programs for the purpose of studying leadership, ethics, and capitalism. The $1 million gift was matched with $0.5 million of North Carolina state funds to establish three ongoing academic programs within the College of Business, one to fund student grants, a second to fund faculty grants, and a third to fund a distinguished professorship in capitalism. I was appointed as the BB&T professor starting with the Fall 2012 semester. Each year, a selection committee determines the best way to utilize the BB&T endowment to benefit educational and research programs on campus. Email me if you’d like a copy of the annual report on the activities of the BB&T Moral Foundations of Capitalism Programs, or a copy of the MOU between WCU and BB&T.