Publish Date

Four people hold a large ceremonial check.

FTCC President Dr. Mark Sorrells, William L. Hedgepeth III, FTCC Trustee William L. Hedgepeth II, and FTCC Foundation Executive Director Sandy Ammons pose with a ceremonial check.

FTCC Trustee William “Bill” L. Hedgepeth II donated $5,000 on Monday, June 20, to an endowed scholarship that honors his late father and mother.

Hedgepeth was joined at the donation by his son, William L. Hedgepeth III.

Bill Hedgepeth created the scholarship in December 2021 with a $15,000 donation as a surprise Christmas gift for his father, William Lee Hedgepeth, who was then 85 years old.

Bill Hedgepeth said Monday that he was glad he acted when he did because his father died the following October. His mother, Lottie Moore Hedgepeth, died the following month. She and William L. Hedgepeth had been married for 67 years. Bill Hedgepeth has amended the scholarship to include her in its name.

The scholarship is for students enrolled in FTCC’s business program, with first preference given to students studying accounting. William L. Hedgepeth was a retired accountant, as well as a U.S. Air Force veteran. FTCC Trustee Bill Hedgepeth II is a retired banker. William L. Hedgepeth III is a rising junior at the University of North Carolina at Chapel Hill.