Family Fare Endowed Entrepreneurship Program Fund
Family Fare is proud to invest in the future of entrepreneurship by supporting all five Public Historically Black Colleges and Universities (HBCUs) across North Carolina with an endowment at each school. Through endowed entrepreneurship funds and educational initiatives, these partnerships provide students with hands-on learning experiences, faculty support, business competitions, guest speakers, and Entrepreneurs in Residence programs that help prepare the next generation of business leaders.
Family Fare Endowed Entrepreneurship Program Fund at North Carolina Agricultural and Technical State University, Winston-Salem State University, Fayetteville State University, North Carolina Central University, and Elizabeth City State University:
• North Carolina Agricultural & Technical State University
Family Fare Endowed Entrepreneurship Program Fund
Corpus Valued at $100,000
• Winston-Salem State University
Family Fare Endowed Entrepreneurship Program Fund
Corpus valued at $160,000
• Fayetteville State University
Family Fare Endowed Entrepreneurship Program Fund
Corpus valued at $100,000 upon completion of the initial funding period, after Title III match.
Family Fare Entrepreneurship Endowment Annual Report Academic Year 2025–2026
The Family Fare Entrepreneurship Endowment had a significant impact on Fayetteville State University’s Broadwell College of Business and Economics during the 2025–2026 academic year. The funding supported a variety of initiatives that promoted entrepreneurship, innovation, leadership development, and workforce readiness among students and the surrounding community.
Highlights included hosting nationally recognized entrepreneur Nicholas Perkins, whose keynote inspired students with insights on business ownership, leadership, and perseverance. The endowment also enhanced the University’s Innovation Lab, providing students with hands-on entrepreneurial experiences, mentorship, and business development opportunities. Additional support helped expand financial literacy and entrepreneurship education for K–12 educators across North Carolina, extending the program’s impact beyond the university.
Through these initiatives, the Family Fare Entrepreneurship Endowment strengthened experiential learning, fostered entrepreneurial thinking, and reinforced Fayetteville State University’s commitment to preparing future business leaders and contributing to the economic growth of North Carolina.
• Elizabeth City State University
Chancellor’s Ambassadors Program
In 2018, Family Fare donated $5,000 through its Shared Purpose Initiative to help launch the University’s Chancellor’s Ambassadors Program.
Family Fare Endowed Entrepreneurship Program Fund was established in 2026.
Corpus valued at $100,000 before Title III matching funds as of summer 2026.
The new endowment at Elizabeth City State University will support learning opportunities for students in the business school. It was established with a $100,000 gift from Family Fare convenience stores. The university will match the donation through federal title 3 funding. And the university says that unlike traditional scholarship-based gifts, The fund will focus exclusively on student experiential learning.
• North Carolina Central University
Family Fare Endowed Entrepreneurship Program Fund
Family Fare launched its partnership with a $25,000 commitment in 2020.
The university matched the initial investment, and with Title III funding, the endowment is expected to exceed $80,000.
From 2021 through 2024, Family Fare continued its commitment by contributing a minimum of $5,000 annually to further strengthen and grow the endowment.
Investing in Tomorrow's Business Leaders
Family Fare believes strong communities begin with educational opportunity. By partnering with North Carolina’s Public Universities, we are helping create lasting resources that empower students, strengthen entrepreneurship programs, and foster innovation for generations to come.