Kenan Trust gives UNC Press $1.5M challenge grant for scholarly publishing endowment
The William R. Kenan Jr. Charitable Trust has pledged $1.5 million to UNC Press to help endow leadership for its Office of Scholarly Publishing Services. UNC Press must raise another $1.5 million by June 2028 to create a $3 million fund for the position.
Why it matters: - The grant is designed to create lasting funding for leadership at UNC Press’s Office of Scholarly Publishing Services. - A permanent director could help expand the press’s publishing support for UNC System campuses, agencies and nonprofit partners. - The challenge grant could double into a $3 million endowment if UNC Press raises the matching funds on time.
What happened: - The William R. Kenan Jr. Charitable Trust awarded UNC Press a $1.5 million challenge grant to establish the endowed William R. Kenan Jr. Director of the Office of Scholarly Publishing Services. - UNC Press must raise $1.5 million in new gifts by June 2028 to unlock the full endowment. - The total endowment would provide ongoing support for the role. - UNC Press announced the gift on Oct. 6, 2026.
The details: - UNC Press launched the Office of Scholarly Publishing Services 10 years ago to help UNC System campuses, agencies and nonprofit organizations publish work created at their institutions. - Endowing the position would let UNC Press hire a permanent leader focused on growing OSPS. - Nancy Cable, executive director of the Kenan Trust, tied the gift to UNC Press’s 100th anniversary in 2022 and its work to improve education across North Carolina. - UNC System President Peter Hans said public universities have an obligation to create knowledge and make it useful for North Carolinians. - John Sherer, UNC Press Spangler Family Director, said OSPS has extended the press’s expertise to partners across the UNC System and beyond. - Sherer said the Kenan Trust made a similar challenge grant to the press at its 75th anniversary. - Renee Grisham, Centennial Committee Chair, said OSPS shows how the press has evolved while staying true to its public mission.
Between the lines: - The gift is both a fundraising opportunity and a signal that UNC Press sees scholarly publishing services as a core part of its future. - The Kenan Trust’s matching structure puts pressure on UNC Press to build donor momentum before the June 2028 deadline. - The challenge grant also reflects a broader push to make academic content more accessible to students, faculty and the public.
What's next: - Supporters can send gifts by mail to Kenan Trust Challenge/UNC Press/116 S Boundary St/Chapel Hill, NC 27514. - Donations can also be made online through UNC Press support page. - Questions about the challenge go to Joanna Ruth Marsland, director of development, at Joanna.Ruth.Marsland@uncpress.org. - UNC Press will need to raise the remaining $1.5 million before June 2028 to secure the full endowment.
The bottom line: - If UNC Press meets the match, the press will lock in long-term support for a leadership role meant to expand the reach of scholarly publishing across North Carolina and beyond.
Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.
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