July 29, 2008
UNCG Hits $100M Fundraising Mark
By J. Brian Ewing, News & Record, Greensboro, N.C.
Jul. 29--UNCG announced this morning it hit the $100 million mark in fundraising. The school launched the Student's First Campaign in July 2004 with a goal of $78 million and raised it to $100 million two years later.
To date the money has been used to create 14 new professorships, 168 new undergraduate scholarships, 38 new graduate scholarships and 145 program endowments and student awards programs. Alumni giving represents more than half of the money raised, according to the school.
"Reaching our goal is an extraordinary achievement, and a tremendous testament to the generosity of our supporters and their belief in this university," said Chancellor Patricia Sullivan in a written statement. "We have become a stronger university with every gift to the Students First Campaign."
Sullivan, who retires from her post this week after 13 years, is credited with being the driving force behind the campaign's success.
The campaign raised the school's endowment by 55 percent to $184 million. The campaign surpassed its $10.14 million goal for attracting and retaining faculty by $1.16 million.
Despite the campaign's successes it is more than $14 million short of its $66 million goal for student support.
Linda Carlisle, co-chair of the campaign's steering committee, said the school will continue the fundraising with a focus on improving scholarships.
"While we have been very successful with the campaign so far, we have some unmet needs for undergraduate and graduate scholarships, and those are essential to our becoming a university of first choice among talented and deserving students," she said in a written statement. "UNCG's alumni and friends have been very supportive and I have no doubt they will continue to help us meet this final year challenge."
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