 | Board of Visitors minutes February 12, 1955 |  |
GRADUATE SCHOOL OF BUSINESS ADMINISTRATION - FUNDS TRANSFER
The President laid before the Board a letter from the Comptroller of the University, with
attached list of funds, as follows
On the enclosed list we have set forth a number of gifts to the Graduate School of Business
which, at the time of receipt, were added to the Consolidated Endowment Fund. Now that a separate
fund has been established for the Graduate School, I believe it advisable to transfer these funds
from the Consolidated Endowment Fund to the new fund.
If you concur in the above proposal, please present this matter to the Board at its next meeting,
as transfers from the Consolidated Endowment Fund must be authorized by the Board.
President
(Account #5192)
| Date | Donor | Amount |
| 9-30-50 | Mathieson Chemical Company | $10,000.00 |
| 11-30-50 | H. C. Hofheimer | 1,000.00 |
| 1-20-51 | Herbert Johnson | 100.00 |
| 3-31-51 | Lynchburg Foundry Inc. | 5,000.00 |
| 5-25-51 | Solvay Process Division - Allied Chemical & Dye Company |
5,000.00 |
| 12-31-51 | H. C. Hofheimer | $1,000.00 |
| 1-10-52 | Norfolk & Western R. R. | 25,000.00 |
| 4-14-52 | Norfolk & Western R. R. | 500.00 |
| 6-25-52 | General Motors Corp. | 4,000.00 |
| 1-18-54 | Atlantic Life Insurance Company | 10,000.00 |
| Total | $61,600.00 |
The Board resolved that the Comptroller be authorized to transfer these funds as proposed
| Board of Visitors minutes February 12, 1955 | |