SALISBURY, N.C. — Catawba College says an anonymous donor has given it $200 million for its endowment, the largest gift in its history.
Salisbury-based college, with an enrollment of 1,200, announced the gift on Thursday.
According to the school’s web page, one-third of the gift will provide recurring funding to support and enhance Catawba’s programs in environment and sustainability.
Two-thirds of the gift is dedicated to supporting strategic initiatives, strengthening student scholarships, enhancing student success programming, promoting a thriving workplace and investing in faculty excellence.
Earlier this year, Catawba College received gifts totaling $18 million to retire the college’s entire debt.