NCSU Libraries Focus Online
Volume 27 number 1 - Fall 2006
Libraries' Capital Campaign Reaches $8 Million
By Jim Mulvey, Library Development
As NC State enters the final two years of its historic fund-raising
campaign--Achieve! The Campaign for NC State--the NCSU
Libraries gets ever closer to reaching its "Carousel of Knowledge" campaign
goal of $10 million. Through June 30, 2006, the Libraries' campaign
fund-raising total had reached $8,004,828. The Libraries wishes
to give special thanks to the many generous donors who have given
their support to the library during the campaign.
Chancellor James L. Oblinger has stressed the critical importance
of building NC State's endowment through the university's Achieve! campaign.
For the NCSU Libraries, endowment support is essential, as it provides
funding to purchase materials beyond the scope of state monies,
allowing the Libraries to continue to build and develop its excellent
collections. Endowed funds provide the Libraries a foundation for
growth and financial freedom and help address one of the Libraries'
campaign priorities--building outstanding collections.
The Libraries has experienced growth in its endowment support
over the past year with the establishment of nineteen new full
endowments and four new incubator endowments. A full library endowment
can be created with a gift of $15,000 or more. For those interested
in building to a full endowment over time, the Libraries offers
an innovative program featuring Incubator Endowment accounts. The
Incubator Endowment is perfect for a donor who wants to support
the library's collections but wants more than five years to attain
full endowment status. It is a named, perpetual fund that may be
created with an initial investment of $1,000, and the donor may
select a preference for a subject area.
For more information about the Libraries' "Carousel of Knowledge" fund-raising
campaign, please visit the Web at www.lib.ncsu.edu/support/capital;
or direct queries to Director of Library Development Jim Mulvey
at (919) 515-3339 or through an electronic-mail message sent to jim_mulvey@ncsu.edu.
Also,
Mark Your Calendars!
The D. H. Hill Library's Learning Commons opens on
March 12, 2007, for the university community to use.
Watch for the future announcement of East Wing grand opening
celebration in April 2007.
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