$16 million bolsters NC State endowments

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A prolific donor to the North Carolina State University College of Veterinary Medicine announced April 27 a new gift of $16 million. That brings to $47 million the total funds that have been allocated by the Randall B. Terry Charitable Foundation to the veterinary college that once cared for Terry’s Golden Retrievers.

Two Golden Retrievers help kick off the April 27 announcement of $16 million being donated to the North Carolina State University College of Veterinary Medicine. (Courtesy of NCSU)

From the new gift, $8 million will go to a scholarship endowment, doubling the veterinary college’s total scholarship endowment. Another $5 million will go to research projects, and $3 million will be for veterinary faculty.

“This new commitment will support our students, fund research to ensure that this college is discovery-driven, and enable us to recruit and retain world-class innovators to lead our programs,” said Dr. Paul Lunn, dean of NC State’s veterinary college.

Terry, who died in May 2004, was the publisher of the High Point Enterprise and co-owner of International Home Furnishing Center in High Point, North Carolina. He became a friend of the college after his Golden Retrievers received treatment at the veterinary teaching hospital.

A longtime supporter of the institution, Terry chaired a campaign that raised $10 million for veterinary student education at NC State, and following his death, his foundation gave $20 million to help build the Randall B. Terry, Jr. Companion Animal Veterinary Medical Center, which opened in 2011.

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North Carolina State receives $20 million toward new hospital (Dec. 1, 2005)