Donors who fund endowed gifts are among our closest family members. They understand and are committed to the mission and goals of the University of North Carolina School of the Arts. Endowed funds provide permanent support for some of UNCSA’s most important activities and may be used to establish a fund named in memory or in honor of an individual or organization, or may be designated for scholarships, guest artists, faculty development or program support. It may be allocated for general use (where the need is greatest) or specified for a particular arts school. By generating a steady stream of income while leaving the principal untouched, endowment funds make it possible for UNCSA to weather the ebb and flow of other sources of funding.
Establishing An Endowment
You can establish an endowment with a minimum gift of $25,000 by making an outright gift in the form of cash, stocks/appreciated securities, real property or personal property. If your employer is a matching gift company, the matching gift can be used to establish the $25,000 minimum for an endowment fund. You can also establish an endowment fund through one of several planned giving instruments.
The school distributes a percentage of interest income annually (usually 5 percent) for the purpose you set forth in the original funding document. Additional earned interest automatically goes to the principal to increase the endowment corpus.
For more information about establishing an endowment, please contact Ed Lewis, Chief Advancement Officer, at 336-770-3329 or firstname.lastname@example.org or Amy Werner, Annual Fund Manager, at 336-770-3203 or email@example.com.
You may contribute to special endowment funds benefiting the University of North Carolina School of the Arts at any of the following community foundations:
North Carolina Community Foundation
333 Fayetteville Street Mall, Suite 1410
Raleigh, NC 27601
PO Box 2828
Raleigh, NC 27602-2828
919-828-4387 telephone or 800-201-9533
Contact: Ms. Jennifer Tolle Whiteside, President/CEO