TThe College Opportunity Fund began as a pilot program in 1999. During this trial and error period the Foundation felt there was a need for a full time overseer of the program. Over the years, The Bill and Carol Latimer Charitable Foundation was able to build up the funds to become a fully operating program.
It was developed by Bill and Carol Latimer with the mission of making it possible for highly motivated Obion and Weakley County graduates, possessing high moral and ethical standards, to be able financially to secure a college or technical degree from an accredited school of their choice through interest-free loans. The Foundation offers interest-free loans for the purpose of encouraging responsibility in students. It is the hope of the Foundation that students will learn more responsibility and develop a greater appreciation for their education.