Newby Gym Endowment Fund – 1112

Fund Type: Endowment Fund


Fund Description:

The Save Newby Gym Fund is used to restore and maintain our historic landmark – built in 1921 as the Mooresville High School Gym and still used year-round for basketball players of all ages

Purpose: To provide endowment funds to benefit the upkeep of the historic Newby Gym. As endowed funds, the principal of the fund will remain while interest earnings may be utilized for maintenance and upkeep of the building.

History: On the Newby campus is the original Mooresville High School Gymnasium Building (sometimes called the “Newby Dome”). The gymnasium was built in the early 1920s with help from Mooresville residents who each contributed $100 to help build the facility.