Donors often come to us asking where their gift can make the biggest impact. The answer is The Carolina Fund. The Carolina Fund ensures we have the resources in hand to address immediate needs and seize opportunities as they emerge, making an impact for the betterment of the University, our students, faculty and community. It enables us to respond to circumstances in real time to ensure we remain nimble and able to make decisions that allow us to continue to fulfill our mission of teaching, research and service with excellence. This is particularly vital when meeting unforeseen challenges such as the COVID-19 pandemic and its repercussions on our campus and around the world.
The Carolina Fund gives us the freedom to use your gift to make the biggest impact possible and weather the ebb and flow of state funding, tuition income and federal grants. And unlike endowment gifts, which must first be invested before they can generate funding, gifts to The Carolina Fund can be put to use right away. Moreover, how we can spend endowment revenue is almost always limited to specific purposes based on a donor’s stated wishes, whereas The Carolina Fund provides unrestricted dollars to give us maximum flexibility to make strategic decisions.
The Carolina Fund’s impact has included support for:
- “Carolina Away,” the University’s new, entirely virtual curriculum that enables students to take digital courses and participate in small-group experiences with classmates, faculty and staff.
- Student scholarships, which ensure that the University can continue our commitment to access and excellence.
- The Carolina Collective, an inclusive group of students, faculty, staff, and alumni who used a grassroots crowdsourcing campaign to reach out to the University and local communities for ideas to inform safety, equity and wellbeing at Carolina in the fall 2020 semester.
- Alumni Distinguished Professorships, which supplement the salaries of professors whose outstanding teaching and research boost the quality and the stature of the University, which is critical to keeping the best and brightest in Chapel Hill.
- Carolina Performing Arts, which brings outstanding performers to campus audiences, in person and on digital platforms.
A $10,000 gift qualifies for membership in The Carolina Fund Society.
Unlike the academic year, the University’s fiscal year runs from July 1 – June 30. A gift of $10,000 or more to The Carolina Fund during a single fiscal year qualifies donors for membership in The Carolina Fund Society. In addition to knowing you are making a strategic investment in Carolina that will address the University’s most important priorities, members of The Carolina Fund Society will receive:
- Subscription to the e-newsletter of For All Kind: the Campaign for Carolina, featuring updates and progress on Carolina’s $4.25 billion comprehensive campaign
- Special invitations to campus and regional events
- Access to a University liaison to answer any questions you may have about Carolina
- Invitations to Carolina Fund events