The annual fund, also known as the Wesleyan Fund, plays a crucial role in North Carolina Wesleyan University’s financial sustainability and success. It provides unrestricted financial support for various emerging needs, including academic programs, student scholarships, faculty development and campus infrastructure. Unlike restricted gifts, donations to the Wesleyan Fund offer flexibility to address emerging needs and seize opportunities. These unrestricted contributions have an immediate impact, enabling the University to respond swiftly to changing circumstances, capitalize on strategic opportunities and maintain excellence in its educational mission.
These funds can be allocated to areas of greatest need, including scholarships for deserving students, support for faculty research and teaching initiatives, investments in campus facilities and technology, and enhancements to student services and extracurricular programs.
The Wesleyan Fund is a critical component of the financial ecosystem at NCWU providing essential unrestricted support for institutional priorities, student scholarships, and campus programs. This fund helps ensure the continued success of NCWU and enhances the student’s experiences.
A strong annual fund provides the university with the flexibility to allocate resources where they are most needed, ensuring that critical priorities are addressed in a timely manner.
An adequately funded annual fund contributes to the financial sustainability and stability of the university, helping to bridge gaps in funding and mitigate budgetary constraints.
Annual fund gifts directly benefit students by providing scholarships, financial aid, academic resources, and extracurricular opportunities that enrich their educational experience and promote their success.
An annual fund fosters ongoing engagement and support from alumni, parents, friends, and community members, cultivating a culture of philanthropy and loyalty to the university.