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

1434

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 

W. D. Whitehead, Director May 9, 1978

1435

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 

W. D. Whitehead, Director May 9, 1978