University Support
Dedicated to stewarding dollars in support of UNC Over the past nine years, the UNC Foundation has transferred more than $60 million in scholarship and program support to the University. Of this, nearly half was funded from endowed and quasi endowed distributions. The spending policy set by the Foundation Board of Directors is designed to help average the effects of year-to-year variations in market performance by establishing a reasonable, dependable payout rate in current support while preserving and enhancing the principal for future generations.
In FY2010-11, the Foundation transferred more than $4 million in program support and $2.9 million in scholarships to the University. Of this, $3 million was generated from your endowed and quasi-endowed distributions.
