The University of North Carolina at Chapel Hill received $277 million in gifts from private donors in fiscal 2011.
In commitments for the fiscal year, which ended June 30, the University secured $305.6 million. Commitments include pledges as well as gifts.
Both totals were up from the previous fiscal year. Gifts rose 3.3 percent, from $268.1 million, and commitments increased 5 percent, from $292 million.
“Our donors remain incredibly loyal,” said Matt Kupec, vice chancellor for university advancement. “We’re very grateful for their support. Without it, we couldn’t provide the same experience for our students, faculty and staff, and our service to North Carolina would be diminished.”
Commitments in 2011 also helped the University create 11 endowed professorships, as well as a total of 77 undergraduate scholarships and graduate fellowships. Carolina had more than 77,000 donors for the year.
Published July 27, 2011.