March 20, 2009
Current and future students at UNC Asheville will be the immediate beneficiaries of a recent $1.5 million gift to the University. The gift is among the largest ever made to UNC Asheville.
At the anonymous donor's request, $1 million will go toward scholarships and $500,000 toward operating support. The University will use $250,000 to purchase equipment needed for the University's new Zeis Science & Multimedia Building that will be dedicated this fall. The remaining $250,000 will be set aside to help create a new endowed faculty chair; those funds will be matched in future by private funds and by the state's Distinguished Professors Endowment Trust Fund, established by the N.C. General Assembly in 1985.