Education is the key to the success of individuals, the corporations in which they work and the communities in which they live. The Wachovia Fund for Excellence was initiated at Guilford in 1993, and a year later an earlier Wachovia gift to the college was merged into this fund. During the current academic year, three Guilford students hold scholarships made possible through earnings from the endowed Wachovia Fund for Leadership. The fund drive is designed to meet Guilford's needs for new facilities, increased endowment and additional revenue for on-going operations as the college prepares to meet the challenges of the 21st century. The Wachovia Foundation, which made the gift to Guilford, is the corporate-giving arm of Wachovia Corporation.
Money given by the foundation comes from corporate earnings and resources.
Member companies offer consumer and commercial banking, bank card, asset and wealth management, capital markets and investment banking, brokerage and insurance services. Wachovia Bank operates more than 650 offices and 1,350 ATMs in Florida, Georgia, North Carolina, South Carolina and Virginia. Guilford was featured as one of only 40 colleges in Colleges That Change Lives , by Loren Pope, former New York Times education editor. Recognized by the Carnegie Foundation for the Advancement of Teaching as one of the top four-year, liberal arts colleges in the U. S., Guilford has 33 academic majors and 35 interdisciplinary concentrations.