GREENVILLE, N.C. – With a $3 million gift in hand, the Pitt Community College Foundation has kicked off its first-ever capital campaign, aiming for $8 million.
With $5.8 million raised to date, the campaign will finance the expansion of the school’s William E. Fulford health-sciences facility and also endow scholarships, new technology, programs and professional development.
The $6.5 million health-sciences expansion will be named after Herman Simon, one of the foundation’s most generous long-time supporters.
The Eddie and Jo Allison Smith Family Foundation, where Simon is a financial consultant, has pledged $3 million towards the campaign.
Pitt County Memorial Hospital will donate $1 million, and an additional $1.8 million will come from Pitt County Board of Commissioners and the North Carolina Community College System.
A sales-tax increase voted in by Pitt County residents will fund additional construction at the college, which has the least space per student among North Carolina’s 58 community colleges.
Many community colleges are beginning to place an emphasis on fundraising in order to compete with the bulging endowments of their four-year peers.