She gave $5 million to Wilson Library to go toward updating the grand reading room and maintaining inventory.
“I was going to leave it under my will and I thought, ‘Well, why not do it in my lifetime?’” Fearrington said.
Associate Provost and University Librarian Sarah Michalak said they were grateful to be receiving the money.
“I was thrilled and the library staff were also very excited. She gave us such a huge compliment in addition to such a big gift,” Michalak said. “It feels so good when somebody trusts you enough and trusts your institution to know that she is making a good investment.”
Fearrington is specifically dedicating $1 million of her donation to be used to update the grand reading room in Wilson Library — to be renamed to the Fearrington Reading Room in her honor. The grand reading room is a space she remembers studying in as a UNC student.
“In Chapel Hill, I had used that reading room and I loved it,” Fearrington said. “It’s a magnificent room and somebody said it was the most beautiful room in North Carolina, and I think it may be.”
Fearrington graduated from UNC with a degree in mathematics.
She then earned a certificate from the Harvard-Radcliffe Program in Business because the UNC business school did not allow women to attend.