Creation of the Arts and Sciences Foundation, 1975
On Dec. 3, 1975, Archie K. Davis, William F. Little and Charles M. Shaffer signed the articles of incorporation of the new Arts and Sciences Foundation. The Foundation’s first officers were: Frank Borden Hanes Sr., chair; Elizabeth Dowd, vice chair; James R. Gaskin, president; Wiliam F. Little, vice president; and Charles M. Shaffer, secretary/treasurer.
The Foundation postponed formal fundraising efforts until the conclusion of the University’s first capital campaign. Margaret Harper became the first of many donors to the Foundation with a gift of $1,000.
Foundations for Excellence, 1984-1986
College goal: $5 million
Gifts and pledges: $22.2 million
The College’s first capital campaign aimed “to protect and enhance the reputation of the College of Arts and Sciences and its long tradition of excellence.”
The first major gift to the campaign was a $750,000 challenge grant from the National Endowment for the Humanities. In 1986, with gifts and pledges from more than 13,000 alumni and friends, the campaign exceeded $22 million. The new funds helped the College endow professorships, boost its technological resources and create new programs.
The Bicentennial Campaign, 1989-1995
College goal: $50 million
Gifts and pledges: $53 million
This major campaign that honored Carolina’s 200th birthday unveiled a number of new initiatives, including the Carolina Scholars Program, a merit-based scholarship program to encourage undergraduate excellence and attract exceptionally talented students. Donors continued to respond to the growing need for endowed professorships and graduate fellowships in maintaining the University’s national reputation.
Carolina First, 1999-2007
College goal: $350 million
Gift and pledges: $387 million
The campaign ended as the fifth-largest university fundraising drive among completed campaigns in the history of U.S. higher education. With more than 190,000 donors, including nearly 35,000 giving to the College, Carolina First exceeded its goal and raised more than $2.3 billion. During Carolina First, the Foundation helped the College raise more than $387 million for its top priorities, including faculty recruitment and retention, teaching and research facilities and student support.