Gubernatorial-campaign endowment stalls

RALEIGH, N.C. – A priority during her 2008 campaign, and the subject of her first executive order in January, Gov. Beverly Purdue’s plan to create an endowment to fund gubernatorial elections is on hold, the Winston-Salem Journal reported Aug. 31.

While the executive order creates a task force charged with launching an endowment, Perdue has yet to appoint the members and little has been done to advance the idea.

The endowment, which Perdue said during her campaign would aim to raise $50 million, would be funded with contributions from philanthropists, corporations and others.

Funds then would be distributed to candidates who pledge to run only positive campaigns.

The slow start on the plan is due to the economic downturn, which makes fundraising more difficult, says a Perdue spokesperson, and to the Perdue’s efforts to deal with the state’s mounting budget crisis.

While Perdue has tapped Tom Lambeth, former head of the Z. Smith Reynolds Foundation, to chair the endowment task force, no other appointments have been made.

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