NCSU Libraries Focus Online
Volume 23 number 1 - Fall 2002
Development Updates
By Tracy Proctor, Library Development
What Is an Incubator Endowment?
The NCSU Libraries created the Incubator Endowment to provide an alternative
for donors who want to support the library's collections but who need more
than five years to achieve full library endowment status ($15,000). These accounts
are named, perpetual funds administered by the NCSU Libraries within an endowment
held by the NC State University Foundation. Incubator accounts may be created
with an initial gift of $1,000 or more, and the donor may select a preference
for a collection area.
New Incubator Endowments at the NCSU Libraries
Bonnie Lee and Maurice Baker Endowment
Dr. J. Conrad Glass Endowment
Jack and Gloria Norwood Endowment
Estelle K. Stewart Endowment
What Are Library Endowments?
Library endowments, which must be $15,000 or more, provide income that enhances
the library's ability to purchase the books, materials, and technologies needed
to sustain NC State University's intellectual excellence and to attract or
retain key library faculty members.
New Endowments at the NCSU Libraries
Claire Simmons Allan-Samson Memorial Archival Endowment
(support for the Tom Regan Animal Rights Collection)
Jack and Gloria Norwood Library Endowment
(unrestricted support for the NCSU Libraries)
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