By Todd Cohen
RALEIGH, N.C. — The YMCA of the Triangle has taken on a double dose of fundraising, aiming to raise $2.5 million for its annual drive and another $14.5 million in a capital campaign.
The annual drive, which kicked off Oct. 19 and last year exceeded its goal of $2.4 million by more than $60,000, is on track to hit its goal, says Jack Clayton, campaign chair and regional president for Wachovia Bank.
Individual gifts provide most of the money for the annual drive, which consists of 12 separate drives for each of the Y’s branches in Wake, Durham, Johnston and Lee counties and its two camps in Pamlico County.
“It’s a lot of individuals wanting to give to help kids go to Y programs who would not be able to go otherwise,” says Clayton, who adds that Wachovia and Capitol Broadcasting each has contributed $25,000.
More than 1,360 volunteers will work in this year’s drive, up from 1,200 a year ago, when the drive received just over 8,900 gifts, including 757 of $1,000 or more.
The ability of the Y to handle an annual drive at the same time as a capital campaign underscores its strong base of support, Clayton says.
Chaired by Ed Willingham, executive vice president for First Citizens Bank, the capital campaign steering committee is raising money for a new central facility on Hillsborough Street in Raleigh, new branch in Southwest Wake County serving Cary and Apex, facilities improvements at Camp Kanata in Wake Forest, and endowment, says Doug McMillan, CEO.
The campaign, which began its “quiet” phase early this year, already has raised $8.1 million, says Judy Bright, executive vice president.
Big gifts include pledges of $500,000 each from First Citizens and Wachovia, and two gifts from individuals of $1 million or more each.
Robert Ingram, vice chairman of the pharmaceuticals group for GlaxoSmithKline, will chair next year’s annual drive.