NEWS
Atkins Foundation Gives
$2 million for nutrition program
The Robert C. Atkins Foundation has given $2 million to the Duke University School of Medicine to fund an endowed professorship as well as for research, clinical care and education in the areas of nutrition and metabolism.
Wachovia Foundation gift benefits community, Fuqua
The Wachovia Foundation is giving Duke University $1 million for afterschool programs for low-income Durham school children and for Fuqua School of Business programs.
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News Release
The Duke Endowment's Carolinas Challenge To Support Thousands of Duke University Students
(From the Duke News Service) In 1997, The Duke Endowment awarded Duke University funds to provide increased support for North and South Carolina undergraduates. Seven million dollars was targeted to match donations for financial aid at $1 for every $2 contributed.
The university called this fund-raising effort the “Carolinas Challenge.” Duke basketball coach Mike Krzyzewski and wife Mickie were named leadership chairs, and they established a scholarship in their names. Seventeen volunteers from the Carolinas formed the effort’s leadership committee.
When the effort ended on June 30, 2005, the university’s endowments for students from the Carolinas had increased through the establishment of dozens of new scholarship funds and increases to many existing ones. Most important, the first of what will be thousands of North and South Carolina students had been assisted.
The results from this effort include:
-- 217 students had received financial aid generated by Carolinas Challenge endowment.
-- 42 North Carolina counties and 8 South Carolina counties are represented by those students.
-- 78 new scholarship endowments had been established, and 19 existing funds had been increased.
-- 342 donors had contributed to those endowments.
-- $21,382,409 had been committed to support students from North and South Carolina in perpetuity.
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The Duke Endowment of Charlotte, a private foundation established in 1924 by industrialist and philanthropist James B. Duke, exists to serve the people of North Carolina and South Carolina by supporting selected programs of higher education, health care, children's welfare and spiritual life.
Duke University, named for the family of its primary benefactor, the same James B. Duke, enrolls students from around the world, with the largest number from any state coming from North Carolina. More than 1,000 Duke students came from North and South Carolina in 2004-05.
August 9 , 2005