NC Governor Terry Sanford develops new approaches for breaking the cycle of poverty. He arranges grants totaling 9.5 million from the Ford, Z. Smith Reynolds, and Mary Reynolds Babcock Foundations. Sanford establishes the North Carolina Fund as a non-profit corporation to operate for only five years to create experimental projects in education, health, job training, housing, and community development.
George H. Esser is named Fund director; he establishes office in Durham and assembles a small staff.
The Fund receives 52 proposals for community efforts involving two-thirds of North Carolina's 100 counties. It selects 11 proposals for funding.
E-mail your comments, questions, or reflections about this exhibit to the North Carolina Fund Exhibits Project.