 | Board of Visitors minutes May 29, 1987 |  |
APPROVAL OF 1986-1987 and 1987-1988 BUDGETS OF FUNDS FROM THE
PRATT ESTATE FOR SPECIFIED DEPARTMENTS IN THE SCHOOL OF MEDICINE
AND ARTS AND SCIENCES
- The following resolution was adopted:
- RESOLVED that the budgets for the expenditure of funds from the Estate of John Lee Pratt as a supplement of appropriations made by the State of Virginia for the School of Medicine and the Departments of Biology, Chemistry, Mathematics, and Physics in Arts and Sciences in the amounts of $443,007 for 1986-1987 and $1,061,937 for 1987-1988, as suggested by the department chairmen, as recommended by the Special Advisory Committee on Pratt Funds of the Center for Advanced Studies, and as approved by the President and the Finance Committee, be and they are hereby approved.
SCHOOL OF ARTS AND SCIENCES
Budget Proposal for Pratt Bequest
The Special Advisory Committee of the Center for Advanced Studies has approved the following budget for the Pratt funds of the four departments in Arts and Sciences. The four departments designated in the Will were Biology, Chemistry, Mathematics, and Physics; and the funds could be used in three categories displayed in the budget, scholarships for outstanding students, supplementation of faculty salaries, and equipment. The annual disbursement of the estate is one million dollars to be divided equally between Arts and Sciences and Medicine.
| Biology | Chemistry | Mathematics | Physics | |
| Student Supports: Grad. & Undergrad. | $22,000 | -0- | -0- | -0- |
| Faculty Salary Supplement | -0- | -0- | -0- | -0- |
| Equipment | $100,200 | $100,000 | -0- | -0- |
| TOTAL | $122,200 | $100,000 | -0- | -0- |
SCHOOL OF ARTS AND SCIENCES
Budget Proposal For Pratt Bequest
The Special Advisory Committee of the Center for Advanced Studies has approved the following budget for the Pratt funds of the four departments in Arts and Sciences. The four departments designated in the Will were Biology, Chemistry, Mathematics, and Physics; and the funds could be used in three categories displayed in the budget, scholarships for outstanding students, supplementation of faculty salaries, and equipment. The annual disbursement of the estate is 1.2 million dollars to be divided equally between Arts and Sciences and Medicine.
| Biology | Chemistry | Mathematics | Physics | |
| Student Supports: Grad. & Undergrad. | $75,571 | $25,000 | $100,000 | $ -0- |
| Faculty Salary Supplement | $ 9,812 | $ 8,200 | $36,000 | $ -0- |
| Equipment | $225,865 | $ -0- | $17,000 | $216,000 |
| TOTAL | $311,248 | $ 33,200 | $153,000 | $216,000 |
SCHOOL OF MEDICINE
Budget Proposal for Pratt Bequest
The Special Advisory Committee of the Center for Advanced Studies has approved the following budget for the Pratt Funds in the School of Medicine. In accordance with the Will, funds may be used by the School of Medicine for scholarships for medical students and research. The annual disbursement of the estate is one million dollars to be divided equally between Arts and Sciences and Medicine.
| Research | 1986-87 | Total |
| Support of UVA Lymphocyte Culture Center (Hewlett) | $52,120 | $52,120 |
| Purchase of Nd: YAG Laser System (Hockensmith) | $35,000 | $35,000 |
| Mass Spectrometry Facility (Savory) | $47,600 | $47,600 |
| Laboratory for Single Cell Studies (Leong) | $64,877 | $64,877 |
| Pharmacology Ultracentrifuge Facility (Thorner) | $21,210 | $21,210 |
| TOTAL | $220,807 | $220,807 |
SCHOOL OF MEDICINE
Budget Proposal For Pratt Bequest
The Special Advisory Committee of the Center for Advanced Studies has approved the following budget for the Pratt Funds in the School of Medicine. In accordance with the Will, funds may be used by the School of Medicine for scholarships for medical students and research. The annual disbursement of the estate is 1.2 million dollars to be divided equally between Arts and Sciences and Medicine.
| Research | 1987-88 | Total |
| Graduate Finance Committee (Peach) | $85,900 | $85,900 |
| Protein and Nuclei Acid Research Facility (Fox) | $75,450 | $75,450 |
| Support for the Medical Ctr Computer Graphics Lab (Smith) | $89,965 | $89,965 |
| Molecular Genetics Core Lab for in-situ Hybridization (Savory) | $18,350 | $18,350 |
| Support for Central Electron Microscopy Facility (Flickinger) | $30,559 | $30,559 |
| Continuation Support for the FACS Lab (Owens) | $48,265 | $48,265 |
| TOTAL | $348,489 | $348,489 |
| Board of Visitors minutes May 29, 1987 | |