JACKSON, January 4-- Larry Stewart, vice president for development at Union University, has announced his retirement from the University effective June 30.
I've had a long-standing desire to launch my own consulting business in fund-raising, and I feel this time of change in leadership at the University is an appropriate moment to make such a move," Stewart said.
Stewart, however, intends to maintain ties with the University, conducting fund-raising projects on a part-time basis.
Stewart has served as Union's vice president for development since 1977, providing leadership and supervision in the areas of fund-raising, student recruiting, public relations, and financial aid. Under his leadership, the University has acquired more than $54,000,000 in gifts for causes such as capital expansion, scholarships, and special projects. Endowment, which totalled $812,000 at the beginning of Stewart's tenure, now stands at almost $15,000,000.
During the 18 years Mr. Stewart has served at Union University, the University has enjoyed more progress and material advancement than ever before," Union President Hyran Barefoot said. This progress is evidenced by a successful $10,000,000 advancement campaign, a ten-fold increase in endowment, plus many new construction projects and land purchases."
Mr. Stewart was at the forefront of this development and is personally responsible for much of it," Barefoot continued. His retirement is a loss to Union University, but we will be compensated by his willingness to remain in a part-time capacity. We are grateful to retain his fund-raising expertise as a continuing asset."
While maintaining his regular work schedule at Union, Stewart has assisted the fund-raising efforts of numerous West Tennessee churches, schools and other non-profit organizations. A Huntingdon native, Stewart has devoted most of his professional life to working with institutions in this area of the country. He is a popular humorist and banquet speaker who has spoken to more than 500 groups in the past ten years.
Leaving Union is a painful and difficult decision to make," Stewart said. Working for this great University has been one of the most satisfying and challenging experiences of my life, and I look forward to seeing Union accomplish even greater things in the days to come."
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Last updated on January 8, 1996.
