Donations to Carolina Exceed $268 Million
Posted on Sept. 13, 2010Carolina received $268.1 million in gifts in fiscal 2010 from a total of more than 73,500 donors.
In commitments for the year, which ended June 30, UNC secured $292 million. Commitments include pledges as well as gifts.
The commitments total was up from fiscal year 2009’s $290.4 million, and gifts were down just 1 percent from the previous year. Matt Kupec ’80, vice chancellor for university advancement, called the numbers an “impressive achievement.”
“Despite the continued economic uncertainty, our level of support remains strong,” Kupec said. “It’s a testament to the incredible generosity of our donors and their commitment to our mission. We’re very grateful.”
Highlights in fiscal year 2010 included:
- A $5 million gift from the William R. Kenan Jr. Charitable Trust to support the recruitment of outstanding young faculty. The funds will target hires in the College of Arts and Sciences, the School of Education, the School of Nursing and Kenan-Flagler Business School.
- A $1.5 million gift from GlaxoSmithKline to support the conversion of Morehead Planetarium and Science Center’s historic Star Theater from analog to fulldome digital video technology. The new technology provides super-high-definition 4,000-by-4,000 pixel resolution and 5.1 channel digital surround sound system that create an immersive environment in which each visitor is surrounded by the sights and sounds of the planetarium show.
- A $3.5 million gift from the estate of alumnus Reese Felts ’52 to create a 24-hour newsroom used by students and faculty in the School of Journalism and Mass Communication. The gift also supports a research initiative examining audiences and communities that form around the news.
- A $4 million grant from the W.K. Kellogg Foundation to support FirstSchool, an integrated approach to caring for and educating children ages 3-8. The program is being spearheaded by the FPG Child Development Institute.
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Carolina Posts Second-Highest Year in Private Donations
News report from July 2009 - $300 Million in Gifts Sets Fiscal-Year Record
News report from July 2008 - Gifted: The Carolina First Campaign did as it was designed: Bring to Chapel Hill the elements of public higher education leadership. The effort raised $2.38 billion in eight and a half years, becoming what UNC officials are calling the fifth-largest completed campaign in U.S. higher education and the largest completed fundraising drive at a university in the South.
From the March/April 2008 issue of the Carolina Alumni Review, available online to Carolina Alumni members. - Carolina First Ends With a Bang on $9 Million Gift
January 2008 news report
A $1.3 million grant from the Howard Hughes Medical Institute to support research opportunities for Carolina undergraduate students. These will include an effort aimed at diversifying the research community by encouraging biomedical research as a field of study among top Carolina Covenant Scholars, who are in UNC’s program that enables qualified students from low-income families to graduate debt-free. The grant also will support research opportunities for future high school teachers, as well as students pursuing non-science disciplines who will learn how scientific approaches can help solve major problems facing the world.
A gift of 51 pieces of art from the Tyche Foundation to the Ackland Art Museum. The diverse works include a Greek head dating from 500 BCE and Edouard Manet’s first published etching.
Commitments in 2010 also helped the University create 17 endowed professorships, as well as a total of 98 undergraduate scholarships and graduate fellowships.
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