$1.7M real estate sale funds MLK Center’s endowment

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THE PROPERTY AT 8-10 Willow St. in Newport that was donated to the Dr. Martin Luther King Jr. Community Center by Jane Mead Timkin was sold in late December for $1.7 million, with the funds going directly to a new endowment set up to support the Newport-based nonprofit. / COURTESY DR. MARTIN LUTHER KING JR. COMMUNITY CENTER
NEWPORT – A sale of a home that was donated to the Dr. Martin Luther King Jr. Community Center has netted the nonprofit significant funds that will be applied to the organization’s new endowment fund. The property at 8-10 Willow St. in the city’s Point Section was donated to the MLK Center by Jane Mead…

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