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The North Carolina AAUP Foundation seeks your supportPLEASE DONATE!In 1990, the then President and Secretary-Treasurer of the North Carolina Conference of the AAUP, believing that a stable, permanent funding mechanism needed to be created to insure success of certain aspects of the work that national and state organizations such as AAUP were attempting on a rather inconsistent basis, established a non-profit Foundation, the primary goals of which are to: As of April 2008, the net worth of the Foundation was approximately $29,000, after 2007–2008 academic year disbursements of $200 in support of a faculty member in an academic freedom and due process case; $500 for the Appalachian State Academic Freedom Award (third and last year of promised three year support); and $1250 for support of the April meeting of the North Carolina Conference of the AAUP. Although the Foundation has, in recent years, been allocating resources for its stated purposes, it has been remiss in seeking new donations. We are doing that now! The Foundation is required by law to disburse annually for its stated purposes at least 5% of its net value on a three year rolling basis. At the same time, the Foundation’s aim is to increase its principal, and to disburse only income and not principal, unless income is less than 5% of the net value. As a result, the Foundation, especially in times of market instability, needs donations to maintain and increase its principal as well as to allow support of its designated purposes. For public foundation status, at least one third of the donations to the Foundation in any year must come from individuals each of whom is donating less than 2% of the donations for that year. Therefore the Foundation needs and welcomes many small as well as large donations. Please donate generously to the Foundation. On the donation sheet (over), you may designate whether you would like your donation to go into the unrestricted funds of the Foundation or into a designated Fund. The NC-AAUP Foundation, Inc., is a legal entity separate from both the North Carolina Conference of the AAUP and the national AAUP. As such, the Foundation may, but is not obliged to, support programs of the state or national AAUP. Legally, no “part of the activities of the corporation shall be the carrying on of propaganda, or otherwise attempting to influence legislation, and the corporation shall not participate in, or intervene in ... any political campaign on behalf of any candidate for public office.” Donation to the NC-AAUP Foundation. Name:_____________________________________________ Address: ___________________________________________ email address: Amount of donation: I would like my donation: ____ To go into the non-restricted fund of the Foundation to support all its stated purposes. ____ To support the Academic Freedom Fund, the purposes of which are:
____ To support the Weiss Award Fund, for individuals having made outstanding contributions to Higher Education in North Carolina ____ To support the Williams Fund, to confront issues of gender and race in higher education in North Carolina ____ (for donations of $1000 or more), to designate a new fund for a specific stated purpose as agreed to by the donor and the Board of the Foundation. If not given at the annual conference, please mail your donation with this form to the treasurer of the NC-AAUP Foundation: Edith Sylla, 3113 Birnamwood Rd., Raleigh, NC 27607.
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