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Annual Giving Program
The
Annual Giving Program raises funds to enrich the academic
activities and experiences of UNC Asheville's students. While gifts to any
department and program are valued, the primary focus of the
Annual Giving Program is to secure unrestricted funds through the Chancellor's Excellence Fund,
creating resources to address the University's greatest needs.
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Frequently Asked
Questions
What
is the difference between Annual Fund and Chancellor's Excellence
Fund?
In the past, Annual Fund was the name given to
unrestricted annual gifts to the University. In 2005, the Annual
Fund was renamed the Chancellor's Excellence Fund. The new name reflects our commitment to use these gifts to advance the
University. As with the former Annual Fund, the resources of the Chancellor's
Excellence Fund are used each year for the University's most pressing needs.
Who
decides what my gift will support? You can decide what you gift
will support by designating your gift to the department or program
of your choice when you make your gift. Or, if you make an
unrestricted gift to the Chancellor's Excellence Fund, your gift
will support the areas of the University's greatest need. The
Chancellor works with faculty, staff, and students to identify our
most critical needs. The Chancellor's recommendations are presented to the Board
of Directors of the UNC Asheville Foundation for approval.
What does "unrestricted" mean? When you make an unrestricted
gift to the Chancellor's Excellence Fund, you allow the University
to decide how to use your gift. Unrestricted gifts go immediately
where they are needed most--scholarships for underrepresented
groups, search for new staff, Admissions open houses, and more. Our
use of the Chancellor's Excellence Fund changes from year to year,
depending issues facing the University.
Doesn't tuition cover the cost of education? At UNC
Asheville, as at most colleges, the cost of education is higher than
tuition. Some 17% of the University's budget comes from gifts from
parents, alumni, and friends. Approximately 59% of
students received some form of financial aid--thanks in part to the
generosity of our
donors.
Will my gift really make a
difference? When combined with gifts from others, your
gift of any size has a tremendous impact, helping talented students
attend UNC Asheville, sustaining the high quality of our curriculum,
and providing other vital support for the University's day-to-day
excellence.
Is my gift tax-deductible? Because
gifts are managed through the not-for-profit UNC Asheville
Foundation, your gift is eligible for charitable deductions to the
extent allowed by law.
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Myths
The University is state funded; it
doesn't need any more money. Because of an 8% decrease in
state funding, UNC Asheville must raise funds each year to maintain
our high educational standards while remaining affordable to current
and prospective students. Income from the Annual Giving Program and
endowment bridges the gap between state funding, tuition revenue,
and the operating budget.
I paid tuition during my
college
years, so I've already given enough money. At most colleges, the
cost of education is higher than tuition. At UNC Asheville, tuition
and fees only covers around 20% of actual costs. As a student, you benefited
tremendously from the generosity of others.
My gift won't make a difference.
Because your gift is combined with those from others, your gift of
any size can have a tremendous impact.
My participation doesn't matter.
Your participation does matter. Foundations and other potential
donors consider alumni,
faculty, and staff giving before awarding grants.
They are more likely to award grants to UNC Asheville when our own
family supports our institution. In addition, alumni
satisfaction--measured by the percentage of alumni who make a gift
to the
University annually--is used to calculate national rankings by
U.S. News & World Report. |
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For
additional information, please contact:
Rebecca Lamb, CFRE
Director of Annual Giving
Division of Alumni &
Development
311 Owen Hall CPO # 1800
One University Heights
Asheville, NC 28804
Phone: 828.251.6730
FAX: 828.251.6142
annualgiving@unca.edu |