The 2002 senior class raised about $54,000 alone -- far exceeding its goal of $40,000 -- for the proposed Unsung Founders Memorial. An additional $40,000 in funding has been secured from the provost's office.
Provost Robert Shelton said those funds will come from undesignated University donations.
The Unsung Founders Memorial's final cost is about $80,000, said Emily Stevens, director of the young alumni program for the Office of Development.
The memorial, which is slated to be finished by the end of summer 2003, will honor men and women of color who helped raise some of the first buildings on campus. Stevens said the additional funds would be used for site preparation and the installation ceremony.
Stevens said that the seniors contributed $20,000 and that the rest of the money was donated by parents, faculty, alumni and friends of the University.
"This was the most successful senior class gift campaign," she said.
Stevens attributed the success to the work of the class, the alumni support and the emotional appeal the gift presented. "The effort the class put forth to get the word out was a major factor," she said.
Stevens also said this was the first time the gift fund-raising was open to alumni.
The location for the memorial was selected by the artist and the 2002 senior class officers in conjunction with the UNC Building and Grounds Committee.