Board of Visitors minutes June 10, 2005 | ||
GIFTS AND GRANTS REPORT
The President reported that private giving to the University and its related foundations, in the period July 1, 2004 - April 30, 2005, came to $155.8million, an increase of 4% above the same period last year (but not including the reunion gifts of $27million).
Among the significant gifts received since he last reported to the Board, the President mentioned $5million to the College of Arts & Sciences from Mrs. Hamilton Clay of Charleston, West Virginia and Vero Beach, Florida. There was an anonymous $1million charitable remainder trust toward the Medical Education Building at the School of Medicine. The John H. Birdsall Trust made a $500,000 pledge payment to the College Foundation for its unrestricted use, and Jeffrey C. Walker of Wilton, Connecticut made a $333,000 pledge payment to the McIntire School of Commerce Foundation for McIntire's building campaign.
The President mentioned several new pledges made since his last report to the Board: an anonymous $5million pledge to the McIntire School of Commerce Foundation for its building campaign; a $5million pledge to the Medical School for the Beirne B. Carter Center for Immunology Research from the Beirne Carter Foundation of Richmond; $400,000 from Mr. Fralin to the Virginia Athletics Foundation for its unrestricted use; and $300,000 to the Virginia Athletics Foundation from Chase Investment Counsel of Charlottesville.
Board of Visitors minutes June 10, 2005 | ||