Thursday, February 10, 2011

What will the Poole gift mean for College of Management?

I have received a lot of questions from students and others about the Poole gift to NC State's College of Management.  One thing people need to realize is that it is a foundation gift, meaning that the College can spend the returns from the gift but cannot spend the principal.  Initially the College will have $300-400k per year from the gift (which will arrive in installments); eventually it will mean $1.5-2 million.

Either sum, invested wisely, can make a huge difference for the College.  I urge students and other stakeholders to use the comment tool to ask questions and make suggestions about what they would like to see.

No comments:

Post a Comment