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UNC fundraising lags

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CHAPEL HILL, N.C. – Two years after receiving $2 million from the state to help raise more private donations to meet construction needs, seven schools in the University of North Carolina system are not raising enough funds for capital projects, The News & Observer reported April 24.

A report, commissioned by state lawmakers, found the schools have put little emphasis on getting private funds for capital projects.

While smaller black colleges and universities are having a hard time raising money, N.C. State University and the University of North Carolina at Chapel Hill have been able to raise enough to help supplement the spending from the higher-education bond package approved by voters in 2000, the newspaper reported.

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