North Carolina Textile Foundation
The North Carolina Textile Foundation makes the groundbreaking, industry-leading work of the College of Textiles possible.
The mission of the Foundation is to promote the welfare, future development and reputation of the College of Textiles (“College”) at North Carolina State University as the premier institution for textile education and research.
As a charitable organization, the Foundation supports the College and Dean of the College and such support shall include but is not limited to
providing funds for scholarships to deserving undergraduate and graduate students; recruitment and retention of highly qualified students, educators and researchers; and placement of graduates. The Foundation also assists in the acquisition and maintenance of state-of-the-art equipment and facilities for research and education.
To date, the foundation has funded almost $40 million for faculty and staff development, innovative scholarship programs, faculty and student recruitment and other unique programs that enable the college to educate outstanding young graduates to meet the needs of a rapidly changing, highly technical industry.
100+ Scholarships Per Year
The North Carolina Textile Foundation administers more than 100 scholarships each year. Of the $791,000 that was awarded to Textiles students for the 2017-18 academic year, 94% came from the North Carolina Textile Foundation.
A Long and Proud History
Incorporated in 1942 as a nonprofit charitable and educational corporation by textile industry leaders, the foundation is governed by an independent board of 16 directors that works closely with the dean of the college to seek individual, corporate and foundation gifts to enhance the resources and educational mission of the college.
Early leaders included W. J. “Nick” Carter, president of Carter Fabrics Corporation; David Clark, president of Clark Publishing Company; Herman Cone, president of Cone Mills; and J. Spencer Love, president of Burlington Mills. These businessmen realized that salaries at the College of Textiles were not competitive with those of industry, so qualified people could not be persuaded to teach.
Other textile executives soon joined the effort, and the foundation was incorporated in December 1942. Its initial goal was to raise $500,000 to supplement the teaching salaries allotted by the state and help recruit a new dean of the college. By 1945, the foundation had raised more than $700,000, and by July 1948, the foundation had raised $1 million.