UNC received a record-breaking $495 million in commitments in fiscal year 2016.

This is the second consecutive year that UNC set a new fundraising record, eclipsing last year’s total by nearly $50 million.

“Today’s results – the highest level of fundraising support in the University’s 222-year history – is a proud moment for Carolina,” said Chancellor Carol L. Folt. “To have achieved back-to-back record years speaks volumes about our donors’ incredible commitment. Their investment helps ensure that future generations of Tar Heels are equipped with the knowledge, resources and opportunities to leave their mark on North Carolina and the world.”

Last year’s record was aided by a $100 million gift from Fred Eshelman – whose name now appears on UNC’s School of Pharmacy, which was rated No. 1 in this past year’s News & World Report numbers. But UNC officials were always quick to point out that the university would have eclipsed its previous record, even without the Eshelman gift.

Now the fundraisers will have a new goal to shoot for.

Twelve donors contributed gifts of more than $5 million and totaled $139 million of the $495 million total.

“We are profoundly grateful to our donors, whose steadfast support of the University’s teaching, research and public service mission has helped us reach this fundraising hallmark,” said David Routh, vice chancellor for university development.

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