NC State Announces $1.6 Billion Capital Campaign
For Immediate Release
North Carolina State University kicked off the public phase of the most ambitious fundraising effort in university history on Friday, Oct. 28. The Think and Do the Extraordinary campaign – a $1.6 billion effort – was announced at an event in the newly renovated Reynolds Coliseum.
The campaign will run until Dec. 31, 2021. NC State raised more than $1 billion toward the goal during the campaign’s quiet phase.
Only 44 public universities in the U.S. have completed at least one $1 billion campaign, and fewer than 25 have embarked upon campaigns of $1.5 billion or more.
“We are very appreciative of the critical support our university receives from the state of North Carolina. Building on that strong foundation, it is the contributions from our alumni and donors that allow NC State to move from good to extraordinary,” Chancellor Randy Woodson said. “The success of this campaign will allow us to fund priorities and continue to fulfill the mission of providing economic, societal and intellectual prosperity far into the future.”
The campaign’s major priorities include:
- Offering NC State’s 34,000 students more high-impact educational opportunities both inside and outside the classroom;
- Increasing the number of endowed scholarships and fellowships;
- Growing NC State’s tenured and tenure-track faculty, in part by a substantial increase in endowed professorships;
- Expanding the annual contribution to the statewide economy through research advances and innovative technologies;
- Contributing to a more robust endowment to better position NC State for generations to come.
“This campaign has a very ambitious goal,” said Brian Sischo, vice chancellor for university advancement. “But we’re confident that the proud NC State family will support the Pack to think and do the extraordinary.”
Gifts to the campaign will power programs that fulfill the university’s top strategic priority – breaking down educational barriers and increasing student success. The campaign will increase NC State’s research capacity and support the spaces and labs on campus that contribute to shaping the future. It will also bolster critical learning and research experiences outside the classroom.
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