Wachovia's Major Gift is Highlight of UNCG Corporate Fundraising Campaign Kickoff Event

The UNCG Students First Campaign kicked off its corporate drive at a January 31 reception held at the Kress Terrace.  About 45 executives of Triad corporations attended the event, hosted by the UNCG Corporate Relations Committee and the campaign’s Corporate Leadership Committee.

John Lomax, president of Lomax Construction, provided the venue for the event.  Lomax is a member and former chair of the Corporate Relations Committee.

Among the guests at the reception were representatives of American Express, Bank of America, BB&T, Duke Power, First Horizon, ITG, Lucent, Moses Cone Health System, Piedmont Natural Gas, Pepsi-Cola Bottlers of Winston-Salem, Replacements Ltd., Reynolds American, Wachovia and Weaver Investment Company.

Chancellor Pat Sullivan announced the campaign’s largest corporate gift to date, $719,000 from Wachovia to fund the Wachovia-UNCG Teachers Mentoring Network.  The project will recruit and train 150 veteran teachers across the Triad as mentors of novice teachers.  Mentoring has been demonstrated to be an effective tool for reducing the 30 percent attrition rate among less experienced public school teachers. (For more on the Teachers Mentoring Network, see the news release.

The Wachovia gift raises the bank’s total giving in the Students First Campaign to $1.2 million.  It previously gave $500,000, split evenly between the equipment fund for the new Science Building and graduate fellowships in the Bryan School of Business & Economics.

The Students First Campaign is a five-year, $78.2 million effort.  More than $50 million of that total will go to student scholarships, graduate fellowships and other programs that directly support students.  As of March 22, the campaign had raised more than $48 million since its launch in July 2004.

 

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