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Political donor Lindberg ponies up $1 million for HBCU scholarships

The state's largest donor to North Carolina politicians promises scholarships through the Legislative Black Caucus Foundation.

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Greg Lindberg, Eli Global/political donor
By
Travis Fain
, WRAL statehouse reporter
RALEIGH, N.C. — The Durham businessman who has given more than $5 million to state political campaigns in the last few years will donate $1 million to a scholarship program for business students at North Carolina HBCUs, organizers said Friday.
Greg Lindberg did not attend the press conference announcing the gift and naming the scholarships in his honor. Those in attendance, including a representative from one of this many businesses, didn't shed any new light on Lindberg's political intentions, which aren't publicly known.

Those who have accepted political donations from Lindberg, the most generous donor in North Carolina state politics, have either declined to discuss his politics or said they don't know much about him. Lindberg himself has declined interview requests.

Lindberg will give $200,000 a year for five years to the scholarship effort, according to Larry Hall, who chairs the Legislative Black Caucus Foundation. Hall is a former state legislator and the current secretary of the state Department of Military & Veterans Affairs.

The money will cover five scholarships of $10,000 a year for business students at historically black colleges and universities in the state. The plan is to have it up and running next year, Hall said.

Hall and other Democrats who came out for the announcement Friday complimented Lindberg's generosity. Politically, he has given primarily to Republicans, but in 2016, he also supported former Insurance Commissioner Wayne Goodwin, who now chairs the state Democratic Party, and he's given large donations to both the state Republican and Democratic parties.

He has also given before to the Legislative Black Caucus Foundation, a nonprofit made up in part of members of the General Assembly.

Brandon Mitchell, a vice president with one of Lindberg's companies, Global Bankers Insurance Group, said Friday that the company plans to steer scholarship recipients into the company's internship program.

Sen. Floyd McKissick, D-Durham, said he spoke with Lindberg in January about students struggling with debt and that Lindberg seemed "committed to doing something substantial." Hall indicated the foundation expects a lasting partnership.

"We see great things in the future," he said.

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