Despite the departure of Chancellor Carol Folt halfway through her primary fundraising initiative, the Campaign for Carolina continues to exceed goals.
The Campaign, launched in October 2017, is the University’s most ambitious fundraising initiative to date, with the goal of raising $4.25 billion by the end of 2022. The funds generated by the Campaign go toward its four priorities: students and the education experience, faculty and scholarship, innovation and impact and lastly, a series of “Signature Initiatives,” which include student scholarships, global education, convergent science and the Arts Everywhere initiative.
The Campaign’s priorities were developed through a collaborative effort spanning all of UNC’s different schools and groups, said Campaign for Carolina Development Marketing Director Lisa Marie Ferrell.
“Those priorities were established at a higher level than the University,” Ferrell said. “It wasn’t something that we said, ‘Okay, we want to do these things.’ It was incredibly collaborative. We worked throughout, hand-in-hand, all the different units, to really ensure that these different areas of focus were key in our fundraising effort.”
Folt played an integral role in developing the Blueprint for Next, a strategic framework that will guide the allocation of funds from the Campaign for Carolina and the direction of the University as a whole for the next decade. While Folt has left the University, the Campaign for Carolina continues to proceed, outpacing its goal by raising $2.51 billion out of $4.25 billion in less than two years, with just two-and-a-half years still left to go.