Other Giving Options
A yearly gift to SILS. Annual gifts are a reliable source of funding for some of the extras that make a SILS education at Carolina. An annual gift is a great way to demonstrate your appreciation of SILS. Annual gifts help underwrite scholarships for graduate students; buy library materials above and beyond what the state provides; bring distinguished visitors to interact with students; create learning opportunities through symposia and lectures; and help keep labs and classrooms up-to-date.
Gifts made to enlarge or renovate Manning Hall. Bricks and mortar alone don't meet our objectives, but when we consider what they represent - outward signs of growth that enable our faculty and students to fulfill Carolina's mission for the state and nation - they come to life in meaningful and important ways. SILS is expanding or renovating for a variety of reasons:
A permanent fund, invested to produce income. Usually, only the income is spent for the purpose of the gift. A need-based scholarship, for example, can be endowed with a gift of $20,000. This endowment will produce about $1,000 per year for the scholarship, with an additional portion of the income reinvested as an inflation hedge. Over time, a well-managed endowment grows at least as fast as the general rate of inflation and often faster, thereby providing a perpetual source of funding. The oldest scholarship fund at SILS dates from the 1930's and it still provides scholarships nearly seventy years later. The minimum amount to establish an endowment varies - it can be as little as $10,000 to endow a materials-buying fund for the SILS library or as much as $1 million to endow some distinguished professorships.
A chance for a donor to name the endowment made possible by his or her major gift. Former SILS professor, Dr. Lester Asheim, created a named endowment for doctoral scholarships that carries his name into the future. Or donors may name endowments to honor others, as with the Susan Steinfirst Memorial Lecture Fund, endowed at the $50,000 level in 1998 or the Budd Gambee Library Fund, endowed at the $10,000 level in 1996.
A promise to give over a period of years, usually no more than five. An alumna's pledge of $2,000 for five years enables her to make a $10,000 gift - larger than she might be able to afford in a single year but, in total, a gift that accomplishes her goal of making a very significant contribution to the School.
ProfessorshipsEndowed funds that enable the School to supplement faculty salaries and provide extra support for course development, research activities and assistants, equipment, library resources and academic leaves. For example, the Frances Carroll McColl Term Professorship, endowed at SILS by Hugh McColl in 1995 at the $250,000 level, provides an annual salary stipend to one of the school's esteemed faculty members on a rotating basis every three years.
A gift of an interest in land or a permanent structure on the land; advantage to the donor usually is avoidance of capital gains tax on the appreciation in value.
A gift of stock (ownership shares) in either a publicly-traded or a closely-held company. The advantage to the donor of giving stock is avoiding capital gains tax on the appreciation in market value of the shares.
Gifts made to enhance technological capabilities in SILS for students, faculty and staff. Putting SILS at the forefront of technology in our society's information-based economy is one of the School's top priorities. Private support consists of funding and corporate in-kind support for such things as "smart" classrooms, online course development, wiring of SILS facilities and computer equipment and software for the Learning Technology Resource Center.
A gift you make without specifying its use. Instead, you allow the dean to decide which needs of the School are most urgent and use your gift accordingly.
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