NCSU Libraries Focus Online

Volume 26 number 1 - Fall 2005

New Incubator Endowments

By Jim Mulvey, Library Development

The NCSU Libraries created Incubator Endowment accounts to provide an alternative for donors who want to support the library’s collections but who would like 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 endowments may be created with an initial gift of $1,000 or more, and the donor may select a preference for a collection area.