Accessible Navigation

> >

Engineering a Better Tomorrow

Building the Endowment

The Importance of Endowment

Endowment gifts are the most important long term investments a donor can make in the College of Engineering. The principal of the gift remains invested while only the endowment’s annual income is used for the donor’s chosen purpose. NC State’s policy dictates a 4 percent spending income. As the invested principal grows, so too does the annual income.

The permanence of such a gift is powerful. Its impact is multiplied in perpetuity as new opportunities for support that align with the donor’s interest are created each year. Endowments therefore affect many more lives than would otherwise be touched by a donors’ generosity.

Naming Opportunities

The dynamic impact of endowment provides us the opportunity to recognize donors who have made such a profound difference in the College and in the lives of those it serves. Such recognition reminds students and faculty of the generosity that enabled their many academic and research opportunities and sets a clear example for other alumni and friends by highlighting the lasting impact their own potential contributions can have on the College. Endowments can be established for a variety of purposes, and may be designated to suit the donor’s desires.

The Role of Endowment in the College’s Future

Dean Louis A. Martin-Vega has set an ambitious longterm goal: to become the top-ranked public college of engineering in the nation. Attracting and retaining the best and brightest people—faculty and students—is the primary catalyst to advance the core principles of our mission and achieve the Dean’s vision.

All research universities depend on private support to build and sustain a highly productive and renowned faculty and to extend opportunities to both undergraduate and graduate students. These investments enable NC State Engineering to ride out the ebb and flow of other types of funding.

The NC State Engineering Foundation works with alumni, friends and corporations to build the College’s endowment so that we may gain a competitive advantage to recruit, and keep, the people who define our excellence. It is a top priority to build the number of named professorships and endowed fellowships and scholarships across the College.

Please see a listing of all endowments benefitting the students and faculty of the College of Engineering.

 

Doris and Frank Culberson

Doris and Frank Culberson

A pair for professors

Frank and Doris Culberson have made giving to the College of Engineering a lifetime commitment.

The couple has hosted two “Meet the Dean” alumni events. They often house NC State staff members at their Houston home when staff work in east Texas. Frank Culberson has long served on NC State leadership boards, and he’s devoted countless hours visiting alumni to talk up the College and the university.

“My NC State engineering education contributed a great deal to where I am today,” said Frank Culberson, a chemical engineering alumnus. “We like to support things that are worthwhile, and this is a worthy program in which to be involved.”

The couple’s most recent contribution provides ample evidence of that commitment. They have pledged $1 million over five years to establish two professorships in the Department of Chemical and Biomolecular Engineering.  Read more >

 
 
Privacy Accessibility Webmaster