FOUNDATIONS

Foundation Year in Review

Alumni and friends, corporate partners, continue to invest in the long-term future of the College of Engineering.

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The NC State Engineering Foundation enjoyed a productive Fiscal Year 2009, raising nearly $14 million to support the enterprising work being done by students and faculty in the College of Engineering. Despite the recent economic crisis and accompanying uncertainty, alumni and friends and valued corporate partners have continued to make generous investments in the College. The charts below illustrate the sources and uses of private support that came into the College over the past year.

On behalf of the College, the Foundation expresses its sincere thanks for the wonderful commitment shown by our partners. Your support has a tremendous impact on the College and the lives of its students and faculty.

The Foundation looks forward to building on this strong base of support. Our primary objective will continue to be raising gifts to the College’s endowment, the most important, dynamic and enduring investment donors can make in the institution. The principal of an endowment gift is invested and always remains so while annual income is used to support the donor’s purpose, meaning that the impact of these gifts touches many lives and is permanent. Opportunities are tailored to suit the needs and interests of the donor. end of story

Charts:  2008-2009 NCSEF Source of Gifts and Private Support to the College

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