University of Virginia Library

GIFTS AND GRANTS REPORT

The President gave the customary quarterly report on gifts and grants – his report covered the period May 1-August 31, 2005, as well as general figures for the past fiscal year.

The University and its related foundations finished Fiscal Year 2005 with a total of $183.5million in gifts – this represents an increase of $8.5million, or 4.9%, above the results of Fiscal Year 2004. For the current Fiscal Year (which began July 1) through August 31st, the total gifts received amounts to $23.7million, which is an increase of $5.2million, or 28%, over the same month last year.

The President listed some significant gifts received since the last Board meeting: an anonymous pledge payment of $5,127,362.80 to the McIntire School Foundation building campaign; a gift of $2,001,479.64 to the Law School Foundation for the Robert Morganthau Endowment Fund; a $1million pledge payment to the College Foundation from the Clay Foundation; a $5million pledge from the Clay Foundation to the College Foundation; a $5million pledge from the Smithfield-Luter Foundation to the Medical School for the Cancer Center; a pledge of $3,250,000 to the Miller Center Foundation from the Edward M. Kennedy Center for the Study of the United States Senate; a $2million pledge to the Miller Center Foundation from the Galbraith Foundation, Inc.; a pledge of $1,125,000 from Mr. Boyd Calvin Tinsley to the Virginia Athletics Foundation for the Indoor Tennis Practice Facility Fund; a $1million pledge from Mr. Gregory L. Curl to the Jefferson Scholars Foundation; and $1million from the Harrison Family Foundation pledged to the Jefferson Scholars Foundation.