Carroll named Medical Foundation's Senior Executive Director of Development

Mary Margaret Carroll has been named Senior Executive Director of Development at The Medical Foundation of North Carolina.

Carroll named Medical Foundation's Senior Executive Director of Development click to enlarge Mary Margaret Carroll

Mary Margaret Carroll has been named Senior Executive Director of Development at the Medical Foundation of North Carolina. With this new role, Carroll joins the Medical Foundation's Executive Leadership Team.

Carroll has served as Assistant Chair for Development for the Department of Surgery and the North Carolina Jaycee Burn Center since 2008.  In her new role, she will provide oversight for the departmentally-based development officers operating in the School of Medicine.  She will continue to provide development support for the North Carolina Jaycee Burn Center as well as global initiatives within the Department of Surgery.

About the Medical Foundation of North Carolina:

The Medical Foundation of North Carolina, Inc. was chartered in 1949 as a 501(c)(3) charitable not-for-profit organization. Today, The Medical Foundation is responsible for encouraging private gift support of programs throughout the School of Medicine and the UNC Health Care. The Foundation is the only organization approved for fundraising with the School and Hospitals and is responsible for coordination and clearance of private gift activities.

The dedication of physicians to their patients drives medical science to discover better means of preventing and treating disease. However, with the state supplying only 12 percent of the UNC Medical Center’s annual budget, the Center must rely on the support of its friends and alumni. The Medical Foundation presently is raising approximately $17 to $20 million each year in new gift support to benefit the School and Hospitals. Many other private gifts, in support of the School and Hospitals, flow directly into University accounts and other departmental trust funds. It is estimated that total private gift support of all programs approaches $50 million annually.

The programs of The Medical Foundation are many and varied. Nearly 1,100 individual accounts are managed both for endowment and current operations purposes. Although the majority of funds are for restricted purposes (scholarships, professorships, lectureships, research support), there is also a growing unrestricted quasi-endowment. Over the years, assets have accumulated and now total approximately $234 million.