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Topics: University Development Office

Carolina Development raises money through gifts from donors. These gifts come in several forms — cash, publicly-traded securities, property, privately-held stock or personal property, such as art. Carolina Development is also responsible for the University’s endowment, which is a fund made up of gifts that are invested to create a source of income for the school. Donations to the University fund endowed professorships, scholarships, grants and other University operations.