Fayetteville State launches largest fundraising campaign in scho - WFLA News Channel 8

Fayetteville State launches largest fundraising campaign in school history

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Dr. James Anderson announces Fayetteville State University's $25 million fundraising campaign on Friday. Dr. James Anderson announces Fayetteville State University's $25 million fundraising campaign on Friday.
FAYETTEVILLE, N.C. -

Fayetteville State University launched its largest fundraising campaign ever on Friday. The campaign is also the only one to ever stretch over multiple years at FSU.

The university has a goal of raising $25 million in private donations in the next five years.

Chancellor Dr. James Anderson announced the campaign during an assembly of faculty and staff Friday morning. He said private donations are more important than ever because of a shrinking budget in recent years.

Anderson said when he became chancellor at FSU five years ago the university's budget was around $88 million. Because of state budget cuts and a poor economy, the university's budget is now approximately $69 million.

"So institutions, their alumni, their faculty, their staff, really need to understand now that the onus of the burden is greater on them to support that institution – to generate revenue," Anderson said.

A key to eliminating more budget shrinkage is to maintain student enrollment Anderson said. So much of the money raised is slated to go toward scholarships for deserving students. Currently, 75 percent of FSU student require some form of financial assistance. So the scholarship money would help ensure that many students can continue to attend FSU.

According to the university, the campaign for FSU seeks to grow the following strategic areas (donation goals are in parentheses):

  • Scholarships for Deserving Students ($13 million)
  • Support for Scholar Athletes ($1 million)
  • Professional Development for Faculty and Staff ($3 million)
  • Student Enrichment and Global Enhancement ($3 million)
  • Military and Veteran Partnerships ($2 million)
  • Center for Defense and Homeland Security ($3 million)

Brandon Herring

Brandon is a North Carolina native and UNC alum who lives in Fayetteville, and covers Cumberland County and the Sandhills. Returning to North Carolina to work as a journalist is a dream come true for Brandon. More>>

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