Board of Visitors minutes :: June 7, 1957 :: University of Virginia Library

At a meeting with Mr. Malcolm Luck, Secretary of the University of
Virginia Alumni Association, Mr. Knox Turnbull, Secretary of the Alumni
Fund, Mr. Vincent Shea, Comptroller of the University, and myself, we
agreed on January 31, and by subsequent letter approved, to recommend
that

1. The University of Virginia agree, as requested by the Alumni
Association, to contribute an additional sum of $12,500 yearly for the
next three years. This contribution, plus the money now given, would
total $25,000 paid annually by the University for the keeping of adequate
records and other data necessary for University purposes.

2. At the end of three years, namely March 31, 1960, the Secretary
of the Alumni Association, the Secretary of the Alumni Fund, the
Comptroller and the Provost will reevaluate the existing situation at
that time to make any changes or adjustments that may seem feasible and
desirable

V/c

cc Mr. Luck

Mr. Turnbull

Mr. Shea

In recommending approval of the proposed grant, the President observed that
the compilation, correction, and adequate maintenance of alumni records are both
costly and vital to the success of the Alumni Fund and other University purposes.
He added that he had agreed to recommend the grant to the Board only after
receiving assurances that there would be no requests for University funds for
athletic grants-in-aid, and that the Alumni Association would make no demand upon
the Alumni Fund to designate athletic scholarships or grants as an objective in the
annual campaign

The Board resolved that the additional grant to the University of Virginia
Alumni Association of twelve thousand five hundred dollars ($12,500.) annually for
the next three years be approved, in accordance with the recommendation and
statement by the President and the conditions set forth in the Provost's Memorandum
of 13 February 1957.