Morehead gets $100 million gift...renamed

<p>“The Cains’ grandson attended UNC, and the family knows Morehead alumni in Houston.”
<a href=“http://www.charlotte.com/mld/observer/news/local/16710998.htm[/url]”>http://www.charlotte.com/mld/observer/news/local/16710998.htm&lt;/a&gt;&lt;/p&gt;

<p>“The Cains enjoyed a summer home in Linville, N.C., for many years. They also knew several Morehead alumni in Houston, said Chuck Lovelace, the Morehead Foundation’s executive director.”
<a href=“http://www.newsobserver.com/102/story/543843.html[/url]”>http://www.newsobserver.com/102/story/543843.html&lt;/a&gt;&lt;/p&gt;

<p>“The Cain Foundation initially approached its counterparts at Morehead to seek help in setting up a similar undergraduate scholarship program. In the end, though, Mary Cain decided to give the money to Morehead, Chatham said.”
<a href=“http://www.newsobserver.com/102/story/543478.html[/url]”>http://www.newsobserver.com/102/story/543478.html&lt;/a&gt;&lt;/p&gt;