How are Donations to NC State Going?

July 1, 2009
By Cherry Crayton

From today’s N&O:

University administrators have gotten an earful from graduates, creating a dicey situation for development officials who have scrambled to repair relationships and keep the money flowing.

By some measures, NCSU is still doing fine. The university received cash donations of about $74 million in the fiscal year that ended Tuesday, almost exactly the same as last year’s take. Donations to the annual fund, those $50 and $100 gifts, are up 15 percent from a year ago, said Nevin Kessler, NCSU’s vice chancellor for university advancement.

But new commitments, gifts pledged but not yet actually paid, are down 22 percent from a year ago. Kessler thinks the decline is due more to the weak economy than the Easley situation.

“There’s really no way to measure cause and effect,” Kessler said, referring to the Easley saga and its potential impact on fundraising. “That isn’t to say we don’t have an issue and have to rebuild confidence and trust.”

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