According to Susin Seow, CPA’s director of development, CPA has raised $3.27 million in gifts so far in its fiscal year. At this time in 2015, Seow said they received $755,000 in donations.
This increase in CPA donations was a targeted effort, Seow said: The arts organization needs more money to accommodate large-scale construction projects.
“Hill Hall is undergoing renovation, and eventually we’re going to be doing programming there,” she said. “And then in addition to Hill Hall, we’re going to be opening The Core — the space that used to be University Square.”
According to the UNC Division of Finance and Administration, the Hill Hall renovation is budgeted at about $19.7 million dollars.
Sid Stone, director of the Department of Construction Management, said that there is no average cost for the projects they develop because each project varies in size and length.
“Projects like this can go from under $500,000 to tens of millions of dollars,” he said. “Some of the money probably comes from the University, some from donations, some from elsewhere.”
In the March 23 Board of Trustees meeting, David Routh, vice chancellor for university development, said that University donations are up across the board with donations to the athletics department increasing 47 percent. Donations for CPA increased 334 percent.
In addition to the increased donations, CPA has also received significant funding from both the University and from foundations like the Andrew W. Mellon Foundation.