CHAPEL HILL, N.C., Aug. 13, 2015 /PRNewswire-USNewswire/ -- The University of North Carolina at Chapel Hill has celebrated the best fund-raising year in its history during a special ceremony with senior leadership, faculty and staff at the UNC Kenan-Flagler Rizzo Conference Center. Chancellor Carol L. Folt and David Routh, vice chancellor for development, highlighted the record achievement and discussed how the gifts touch people and programs across the campus and state.
In fiscal year (FY) 2015, Carolina received nearly $447 million in commitments—a 44 percent jump from the previous year and a new record for the University. This achievement includes yet another record: the $100 million commitment from pharmaceutical entrepreneur Fred Eshelman to the pharmacy school for the new Eshelman Institute for Innovation, the largest gift from an individual in the University's history.
"Today's results are a very proud moment for the University," said Chancellor Carol L. Folt. "Thanks to the generosity of our donors we are celebrating a record-breaking fundraising year. Their incredible investment will benefit our students and faculty for years to come."
A sample of how contributions from almost 69,000 donors—which represents support from every Carolina community—will impact the University and North Carolina includes:
- Significant gains for Kenan-Flagler Business School (an increase of 54 percent), College of Arts and Sciences (up 30 percent plus), School of Law (up 84 percent) and the Graduate School (up 655 percent).
- Best-year-ever performance includes the School of Government, which realized an increase of 429 percent that will help train local officials and spur economic growth across North Carolina. The state will also benefit from stronger education programs in science and technology through a 173 percent increase in commitments to the Morehead Planetarium and Science Center.
- Medicine's $118 million, its best annual total in history, will fund new patient cures and improved access to care. Research and facilities support topped $253 million
- Aid for the state's most deserving students—through increased support of need-based programs such as the Carolina Covenant—more than doubled. Gifts to fund excellence in student athletic programs increased by about 21 percent.
- Other strong performance included support for Student Affairs programs (up 143 percent) and support for faculty and faculty leadership programs (about $22 million raised).
- Ackland Art Museum will bolster its cultural and arts outreach and education programs through an increase in fundraising of 51 percent and the North Carolina Botanical Gardens will enrich its programs through a 1,201 percent increase in gifts received.
- Foundation and corporate giving was at the highest level in four years. An example of how these gifts will benefit society and the world is a groundbreaking partnership with GSK, a global, research-based pharmaceutical and clinical research leader, which has joined Carolina to create a dedicated HIV Cure center.
"The great and exciting news is not just about the total amount raised, but about the wide range of donors and the increased giving by these groups," said David Routh, vice chancellor for development. "The strong performance points to future successes. This is a reflection of a great institution with a fantastic community. This demonstrates what we can achieve when we work together."
SOURCE UNC-Chapel Hill