Skip to main content
Philanthropy Journal Home

Philanthropy Journal News

UNCW raises a record $13.8 million

 | 

WILMINGTON, N.C. – The University of North Carolina at Wilmington received a record $13.8 million in gifts and pledges in fiscal 2007-08, including several million-dollar contributions to endow scholarships and professorships.

Donors gave more than $10.2 million in outright gifts, including cash and stock. The remainder was pledged within a set time frame.

In 2006-07, gifts and pledges to UNCW totaled $9.7 million.

Among the highlights of the 2007-08 giving:

* Contributions from corporations and foundations increased 19 percent, with the university receiving more than $3.2 million for academic, research and community outreach programs.

* Nearly 3,000 parents contributed more than $882,000, a 146 percent increase compared to the previous year.

* Forty new scholarships were created, 16 of which are endowed for a total value of more than $1 million.

Million-dollar gifts and pledges include:

* The Thomas S. Kenan III Distinguished Professorship of Jazz was funded with a $667,000 gift from the C.D. Spangler Foundation in Charlotte and a $333,000 state match.

* Philanthropist Irwin “Ike” Belk established a distinguished professorship to recruit and retain outstanding faculty for the nursing school.  Matching funds from the state and the Spangler Foundation enabled the professorship to be endowed at $1 million.

* An anonymous donor created a $1 million endowment to support scholarships for music students and other music department needs.

* Alumni Herb and Sylvia Fisher and their children created a $1 million endowment to support programs and services in the Fisher University Union, a newly renovated building in the heart of campus.

* Fred Eshelman gave $1 million to help the athletics department initiate plans for a new academic center for student athletes.

“Our donors continue to impress me with their steadfast dedication to helping UNCW soar to new heights,” says Chancellor Rosemary DePaolo, who has made increasing the endowment and alumni giving key components of the university’s long-term strategic plan.

Next year’s annual giving campaign is already under way.

“You can’t rest on your laurels,” says Mary M. Gornto, vice chancellor for university advancement.

For the fiscal year that began July 1, UNCW wants to bring in a minimum of $11 million in actual gifts and at least $4 million more in pledges.

Leave a Response

Your email address will not be published. All fields are required.