University of Virginia Library

APPROVAL OF BUDGET OF FUNDS FROM THE PRATT ESTATE FOR SPECIFIED
DEPARTMENTS IN THE SCHOOL OF MEDICINE AND ARTS AND SCIENCES

• The following resolution was adopted:
• RESOLVED by The Rector and Visitors of the University of Virginia that the budget for the expenditure of $850,600 of funds from the Estate of John Lee Pratt as a supplement to 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 for 1978-1979, 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 it is hereby approved.

ARTS AND SCIENCES
BUDGET FOR PRATT BEQUEST
Fiscal Year 1978-79

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 $678,478 to be divided equally between Arts and Sciences and Medicine; in addition there is a one time allocation of income accumulated before the disbursement program was established of approximately $750,000 to be equally divided.

          

	Biology	Chemistry	Mathematics	Physics	Total
Student Support:
Graduate	23,400	14,500	52,000	63,200	153,100
Undergraduate		6,500			6,500
Faculty Salary
Supplement	7,000	3,500	30,000	1,500	42,000
Equipment	62,000	88,000	-	121,000	271,000
TOTAL	92,400	112,500	82,000	185,700	472,600
In June 1977
Amount previously approved by Bd. of Visitors	174,000	115,150	80,000	150,000	519,150

SCHOOL OF MEDICINE
BUDGET FOR PRATT BEQUEST
Fiscal Year 1978-79

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 $678,478 to be divided equally between Arts and Sciences and Medicine; in addition there is a one time allocation of income accumulated before the disbursement program was established of approximately $750,000 to be equally divided.

             

	1977-78	1978-79	1979-80	Total
Research:
Eukaryotic DNA Synthesis		15,000		15,000
Support of Graduate Research Assistants		40,000		40,000
Respiratory Muscle Function in Obesity		36,000		36,000
Support of Dr. Darrel Bigner		50,000		50,000
Equipment for a P-3 Facility		150,000		150,000
In Vivo and in Vitro Study of Neoplastic Transformation of Glial Cells		27,000		27,000
Identification, Characterization, and Importance of Bacterial Adherence and Platelet Aggregation in Pathogenesis of Bacterial Endocarditis		20,000		20,000
Radionuclide Imagining Ischemic and Infarcted Myocardium		40,000		40,000
TOTAL		378,000		378,000
Amount previously approved by Board of Visitors: Oct. 1977		105,000	45,000	150,000
Jan. 1978	336,046	109,715	25,000	470,761