Notre Dame Receives A Gracious Commitment
Jim and Billy Carroll give $300,000 to endow athletic grants-in-aid at the University.
Sept. 22, 2001
NOTRE DAME, Ind. — The University of Notre Dame has received a commitment of $300,000 from Jim and Billy Carroll of Fort Lauderdale, Fla., to endow athletic grants-in-aid at the University. Jim Carroll is the current president of Notre Dame’s national Monogram Club.
The Carrolls’ gift will help further the University’s goal of providing each Olympic sport with the full number of grants-in-aid permitted by the National Collegiate Athletic Association (NCAA). “
We aspire to excellence in everything we do, both in academics and athletics. Our aims for this grants-in-aid initiative are to give every sport at Notre Dame the means to excel and to place our athletic program among the contenders for the annual Sears Directors Cup, which recognizes overall athletic achievement,” said William P. Sexton, vice president for University relations, in acknowledging the commitment. “The Carrolls’ gift is a most generous contribution toward this effort, and we greatly appreciate this leadership support from our Monogram Club president.”
Notre Dame’s 11th place finish in the 2000-01 Sears Directors Cup matched its previous best performance in the competition. Stanford University, a perennial top finisher, won the cup.
Billy and Jim Carroll both are graduates of Marist High School in Atlanta, Ga. Jim Carroll went on to become captain of the 1964 Notre Dame football team, the first coached by Ara Parseghian. Playing inside linebacker, he was named to several All-America teams. After being graduated from the University in 1965, he played professional football with the New York Giants and the Washington Redskins.
The Carroll brothers have been in the automobile dealership business in Tennessee, Georgia, and Florida since 1967. They own insurance and real-estate holding companies and a restaurant in Cooper City, Fla.
Athletic grants-in-aid are the financial awards provided to student-athletes under NCAA regulations. The grants cover tuition, room and board, and books.