Giving grows at Duke, UNC, N.C. State

College giving
College giving

Giving to Duke University, the University of North Carolina at Chapel Hill, and North Carolina State University increased in the fiscal year ended June 30.

Duke received nearly $349.7 million in philanthropic contributions from a record-high 106,423 donors, its third-highest cash total ever and up $346 million a year earlier.

New commitments, including new gifts and new multi-year pledges, totaled $436 million, up 45 percent from the previous year, while Duke’s annual fund received $27.9 million from 46,705 donors, both records and up from $26.5 million and 45,500, respectively, a year earlier.

The Duke Endowment in Charlotte was the largest single contributor to the university in the just-ended fiscal year, giving over $40 million, and also announced in March its intention to give $80 million over several years, the largest commitment ever for Duke, which will use the money to transform its student union and renovate Page Auditorium and Baldwin Auditorium.

At N.C. State, gifts and pledges grew to nearly $107 million, up 19 percent from $89 million a year earlier, while gift receipts grew 22 percent.

Annual giving grew 41 percent to $1.38 million, while the number of alumni donors grew 50 percent.

Gifts and commitments to the university’s endowment exceeded $41 million, fueling an increase 139 percent over two years in the endowment, which totaled $503.11 million on June 30, 2010.

At UNC-Chapel Hill, gifts from private donors grew to $277 million, up 3.3 percent from $268.1 million a year earlier, while commitments, including pledges as well as gifts, grew to $305.6 million, up 5 percent from $292 million.

Commitments in 2011 helped the university create 11 endowed professorships and a total of 77 undergraduate scholarships and graduate fellowships.

The school had over 77,000 donors for the fiscal year.

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