Chancellor Carol Folt and her advisory committee are working to plan a comprehensive fundraising campaign for the University by developing a strategy that includes both private donors and state support.
At Monday’s Chancellor’s Advisory Committee meeting, Folt said the committee will make a more concerted effort toward fundraising in the coming months.
University administrators began talks about the largest fundraising campaign ever in early 2012 with former Vice Chancellor for University Advancement Matt Kupec.
At the time, the goal was to raise more money than UNC’s most recent major fundraising campaign, Carolina First, which brought in $2.38 billion in eight years and ended in 2007.
The plans were delayed after Kupec resigned last year. He admitted to improperly using $17,000 of University foundation funds for personal travel expenses.
The search for Kupec’s replacement lasted about a year, and Folt decided to split Kupec’s former position into two roles. She named David Routh UNC’s vice chancellor for development on Sept. 26.
Routh said in September that it could take more than a year before a major fundraising campaign is launched. But Folt said in the meeting Monday that they aim to begin formally planning the campaign soon.
Folt said there were people being engaged with the campaign as they were speaking, and she plans to meet with chancellors and deans of other universities to discuss campaign possibilities.
“Our hope is that at the beginning of January we’ll do more strategic planning for the campaign,” Folt said. “UNC hasn’t been in a comprehensive campaign since the early 2000s.”
