UNC opens $4.25B fundraising campaign; largest school appeal in state history
Posted October 6
Chapel Hill, N.C. — The University of North Carolina at Chapel Hill on Friday launched a multibillion-dollar fundraising campaign in what the school said is the largest ask by a university in the history of the state.
UNC officials hope to raise $4.25 billion in the campaign called For All Kind: The Campaign for Carolina. The push will wrap up by Dec. 31, 2022.
The university said the money is to "foster an innovation generation prepared to lead the world to a better future through research and scholarship, example and ethos."
“Our ambitious Campaign for Carolina unites us with a shared and meaningful vision for the future of our leading global public research university,” Chancellor Carol L. Folt said in a news release. “Underlying this clear vision lies the Blueprint for Next, a unifying strategic framework that guides our commitment to Carolina’s historic mission of providing superior educational opportunities at the best and most affordable price, conducting game-changing research, innovating for the public good and bringing health and prosperity to people in our state and beyond.”
Officials said since 2015—during the "quiet" phase of the campaign—137,000 donors raised $1.75 billion.
With the money, the university will make major changes to curriculum, buildings and learning spaces. A quarter of the money raised will be used for scholarships.