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News Release: For immediate use
Commitment from John G. Ellison Jr. triggers drive for faculty recruitment and retention funds
(Chapel Hill, N.C. – Oct. 9, 2017) – Triggered by a $10 million gift from alumnus John G. Ellison, Jr., the University of North Carolina at Chapel Hill has accepted a $10 million challenge to help retain and reward current outstanding faculty and attract extraordinary teachers, scholars and scientists to Carolina. Announced by Chancellor Carol L. Folt at an Oct. 6 gala celebrating the launch of “For All Kind: The Campaign for Carolina,” the Faculty Excellence Challenge will support incentives such as salary supplements and research funds.
Running through Oct. 8, 2018, the challenge will enable the University to sustain the faculty’s current excellence and strategically grow its professoriate in key areas to enhance overall academic quality, strengthen the research enterprise, broaden innovation and entrepreneurship initiatives and better serve a growing undergraduate, graduate and professional student body. If met, the challenge will provide at least an additional $10 million for similar support.
“John’s extraordinary pledge jumpstarts the Faculty Excellence Challenge and supports our mission to attract, reward and retain talented faculty who open minds and change the lives of our students,” said Chancellor Carol L. Folt. “John has been a dedicated Tar Heel volunteer and contributor to our university for decades. Thanks to his wonderful new investment in Carolina, we have the opportunity to champion our faculty whose dedicated work helps create our understanding of science, medicine and the humanities.”
Carolina has been focused on increased faculty recruitment and retention efforts, which has yielded stunning results in the last several years including retaining 79% of faculty and recruiting 94 new faculty (18 tenured, 76 tenure-track) in academic year 2015-2016. Ellison’s gift will further bolster these efforts to keep top scholars and researchers in Chapel Hill and bring new talent to campus.
The Faculty Excellence Challenge supports a key priority in the …