Catawba College announces ‘transformative’ $200M contribution

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Catawba College got its week off on the right foot, announcing a $200 million anonymous gift to its endowment on Monday.

The contribution is the third transformative gift in three years to the Salisbury-based liberal arts college, which has helped get the ball rolling.

“After the first gift, we started a planning process, and last October, our board approved a strategic plan,” Catawba College President Dr. David P. Nelson said. “We looked 10 years ahead to 2033 and asked where we want and who we want to be by then, and made a five-year plan to move us toward it. So, this gift comes at a time when we had some very clearly established priorities.”

Read more from the Salisbury Post.

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