Board of Visitors minutes April 7, 2006 | ||
GIFTS AND GRANTS
The President told the Board that through the end of February, philanthropic giving to the University and its related foundations was $160.6million, an increase of $30.4million, or 23%, above the previous fiscal year. Athletics, the McIntire School, the College at Wise, Arts & Sciences and the Law School all report substantial increases in giving.
Among significant gifts recorded since the last meeting of the Board of Visitors are $4,500,000 from the Claude Moore Charitable Foundation for the projected Medical Education and Nursing School buildings; $2,500,000 in pledge payments to the Athletics Department and The University of Virginia’s College at Wise for the expansion of Scott Stadium and the Wise football stadium; a $1,000,742.01 pledge payment from Mr. Gregory L. Curl to the Jefferson Scholars Foundation; a $1,000,000 pledge payment from the Smithfield-Luter Foundation to the Smithfield-Luter Palmer Weber Fund, which benefits the Cancer Center; and a gift of $1,000,000 from the Diane and David Heller Charitable Foundation to the Medical School, to be used in Dr. Ladislau Steiner’s research.
Mr. Daniel M. Meyers has pledged $8,736,218.23 to the Curry School Foundation for the Capital Campaign Fund. The Claude Moore Charitable Foundation has pledged $5,000,000 to the School of Nursing for the Building Addition.
On motion, the Board voted to accept the Gifts and Grants Report.
Board of Visitors minutes April 7, 2006 | ||