The Independent Insurance Agents of North Carolina (IIANC) capped a $100,000 scholarship at The University of North Carolina at Pembroke with a gift of $30,000 on October 8.
Scholarship -- The Independent Insurance Agents of North Carolina represented by President R. Cleve Folger Jr., left, and CEO Kelley L. Erstine present a check to Chancellor Allen C. Meadors
Proceeds from the scholarship endowment benefit students in UNCP’s School of Business. A statewide professional association representing more than 1,000 agencies, IIANC initiated the giving program with UNCP in 1997 with a gift of $50,000.
Representing the association were Chief Executive Officer Kelley L. Erstine and President R. Cleve Folger Jr., president of TriSure Corp, an independent insurance company headquartered in Raleigh, N.C. Folger, who joined the IIANC Board of Directors in 1999, explained the giving program.
“Ten years ago, we set a goal of giving $100,000 to each of the 16 UNC universities,” Folger said. “We are able to contribute as much as $500,000 per year, and education is one of our focuses.
“This gift represents the completion of our goal,” he said.
Representatives of the IIANC attend UNCP’s annual Scholarship Recognition Banquet, which is November 20 this year. At the dinner, they meet with scholarship recipients.
“We also received three letters from our UNCP scholars this year,” Erstine said. “That’s what makes it all worthwhile. I enjoy giving.”
Chancellor Allen C. Meadors was on hand to thank the association representatives.
“I would like to thank the Independent Insurance Agents of North Carolina for this gift and their continuing support of scholarship at our University,” Chancellor Meadors said. “At UNCP, nothing is more valuable than the success of our students, and scholarships are critical to that end.”
Vice Chancellor for Advancement Sandra Waterkotte also offered thanks. She directs fundraising activities in support of UNCP’s endowment, which has grown in the past eight years to more than $10 million from $4 million.
“The Independent Insurance Agents of North Carolina have been incredibly generous to us,” Waterkotte said. “This scholarship has made an impact on our campus and the lives of many students. As an endowment, it will perpetually benefit our students.”
For information about giving at UNCP, please contact the Office for Advancement at 910.521.6252 or firstname.lastname@example.org.