everything they’ll have to do to accommodate more, will be reluctant to embrace
“grow larger” if the resources — let’s just
call them “money” — are not there to also
“grow greater.”
Academics will require more state
funds; exceptional academics will require
more private funds as well.
This is what had trustees Carter, Winston and others worried at the September
meeting.
Carter said he saw the mandate to grow
as “the hand grenade rolling across the
launching pad.” He acknowledged that
nobody was ready to go to the UNC System and say Carolina would rather not
accept the growth order. As Roger Perry
said, that argument “is hard to sell in
Ahoskie and Wilkesboro, and it’s hard to
sell on Jones Street” where the N.C. General Assembly convenes.
Carter said the University must be prepared to let the UNC System, and the
Legislature, know that Chapel Hill fears a
decline if the growth isn’t adequately
funded. “I think some of us are going to
have to jump on the hand grenade.”
“They’re not flying up here in the same
atmosphere where we’re flying,” Winston
said in reference to the general awareness
of the cost difference of growth at UNC
and at other system campuses.
Solutions
As long as the University keeps pace
with faculty growth, Carney says, “we can
offer students an exceptional learning experience — an honors program, good distribution of small classes, first-year seminars,
undergraduate research and study abroad.”
The bricks and mortar might take
something more. “Yeah, everybody’s hoping
for another bond,” Wu said, referring to
the voters’ 2000 approval of bonds that
brought half a billion dollars to Chapel Hill
— almost all of which is now spent.
How much could the University save
on facilities by expanding distance learning? Though there are some exceptions,
generally it’s not the Carolina way.
“The College of Arts and Sciences is
committed to a traditional undergraduate
education — we want our students in the
classroom interacting with faculty,” said
Senior Associate Dean Bobbi Owen. Some
of the hard sciences are exploring distance
solutions, but, Owen said, “it gets to a point
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“The charitable
annuity truly
is a win-win.
Both UNC and
the contributor
benefit!”
— Mildred Kaufman,
Professor/Chair Emeritus
Department of Nutrition,
School of Public Health, and
gift annuity donor
A CHARITABLE GIFT ANNUITY allows you
to make a gift to UNC, while providing
a guaranteed stream of income for life.
At death, the principal passes to Carolina
to be used as you designate. In addition
to guaranteed income, you receive an
immediate income tax deduction for a
portion of the gift.
Below is a sample of the annuity rates
that we currently offer. We are happy
to prepare calculations based on your
specific situation.
One Life
55
60
65
70
75
80 or older
Rate
5. 3
5. 5
5. 7
6. 1
6. 7
7. 6
Two Life
55-55
60-60
65-65
70-70
75-75
80-80
Rate
4. 7
5. 2
5. 4
5. 6
6
6. 6
To learn more about this win-win opportunity,
contact the Office of Gift Planning at either
919-962-3967 or createalegacy@unc.edu. You
may visit us on the web at giving.unc.edu.
