In a final major milestone achieved under the leadership of retiring Chancellor Harold L. Martin Sr., the North Carolina Agricultural and Technical State University endowment has surpassed $200 million, a near tenfold increase since Martin took the reins of N.C. A&T in 2009.
At $202 million as of June 30, the A&T endowment is the largest of any public historically Black college or university in America. Once final figures are in for FY2024 at all HBCUs, A&T is projected to rank fifth behind Howard University, Spelman College, Hampton University and Morehouse College – all private institutions.
A&T’s endowment growth is a reflection of both increased private giving to the university and savvy management of university holdings. Both are essential to securing the resources A&T needs to support its growth as a leading doctoral research university and its $2.4 billion economic impact on North Carolina, said Martin. (READ MORE)