BB&T Gives $500,000 to USS Battleship North Carolina Campaign
WILMINGTON, N.C. The Battleship NORTH CAROLINA announced today a $500,000 donation from BB&T. Captain Terry Bragg, Executive Director for the Battleship, states, "The Battleship NORTH CAROLINA is privileged to receive this significant donation. BB&T has been one of the longest and strongest supporters of the Battleship NORTH CAROLINA and we are pleased to continue this relationship."
Every year, nearly a quarter-million visitors come to see, to hear, to touch to reflect and to feel what is was like to live on a living city at sea. They come to share their experiences and stories with family, friends. The generous donation will assist in repairing the ship so future generations can as well become part of the Battleship history."
The Battleship NORTH CAROLINA is a living memorial to those who serve their country. It is also a center for education and inspiration to future generations of leaders. Self-supporting, not tax supported, the Battleship relies primarily upon admissions to tour the Ship, sales in the Ship's Store, donations and investments. No funds for its administration and operation come from appropriations from governmental entities at the local, state or federal levels.
"Battleship North Carolina has a demonstrated history for its ability to successfully conduct a public-private partnership capital drive," said Kelly King, Chairman and CEO of BB&T and Statewide Honorary Chair of the Battleship Generations Campaign. "Battleship North Carolina operates on its own successes as a business, but it needs our help when major capital needs are pressing. BB&T is proud to be a corporate sponsor of the Generations Campaign."
At the time of her commissioning on 9 April 1941, the Battleship NORTH CAROLINA was considered the world's greatest sea weapon. Armed with nine 16-inch/45 caliber guns in three turrets and twenty 5-inch/38 caliber guns in ten twin mounts, NORTH CAROLINA proved a formidable weapons platform. Her wartime complement consisted of 144 commissioned officers and 2,195 enlisted men, including about 100 Marines.
BB&T is one of the largest financial services holding companies in the U.S. with $184.7 billion in assets and market capitalization of $28.9 billion, as of March 31, 2014. Based in Winston-Salem, N.C., the company operates 1,824 financial centers in 12 states and Washington, D.C., and offers a full range of consumer and commercial banking, securities brokerage, asset management, mortgage and insurance products and services. A Fortune 500 company, BB&T is consistently recognized for outstanding client satisfaction by J.D. Power and Associates, the U.S. Small Business Administration, Greenwich Associates and others. More information about BB&T and its full line of products and services is available at www.bbt.com.
About the Battleship NORTH CAROLINA
The Battleship NORTH CAROLINA is self-supporting, not tax supported and relies primarily upon admissions to tour the Ship, sales in the Ship's Store, donations and investments. No funds for its administration and operation come from appropriations from governmental entities at the local, state or federal levels. Located at the junction of Highways 17/74/76/421 on the Cape Fear River. Visit www.battleshipnc.com or follow us on Facebook.com/ncbb55 and Twitter.com/battleshipnc for more information. Relive with the crew on the Battleship Blog http://seastories.battleshipnc.com/. The Battleship NORTH CAROLINA is an historic site within the North Carolina Department of Cultural Resources (www.NCCulture.com).