Fred F. DuBard, chairman of Coastal Carolina University’s board of trustees, has made a $50,000 pledge which will be used to create a Board of Trustees’ Distinguished Leadership Endowment at the univeristy. DuBard’s gift is in conjunction with Coastal’s 50th Anniversary Initiatives, a capital campaign introduced this year to raise $10 million to support the university. The endowment will be managed by the board of directors of the Coastal Educational Foundation according to the foundation’s investment and disbursement policies.

DuBard is owner, president and CEO of DuBard, Inc., of Florence, a distributor of Anheuser-Busch products. He has served on Coastal’s board of trustees since 1993, including three terms as chairman. DuBard has been an active leader in many Florence area civic organizations including the Florence Chamber of Commerce, the Florence Rotary Club, the YMCA, and the Florence-Darlington Technical Foundation. He earned a bachelor’s degree in business administration and psychology from Wofford College in 1957 and a master’s degree in educational counseling and guidance from the University of Tennessee in 1960.