The Jefferson Trust, an unrestricted endowment initiative of The University of Virginia Alumni Association, provides funding to The University's various constituencies with the intent of enhancing The University's margin of excellence consistent with the Founder's vision and its national and international reputation. In recent years, the University's Board of Visitors and administrators have struggled to sustain the University's national stature, in the face of ever decreasing state financial support. Private resources have been the only salvation. Inevitably even with truly magnificent philanthropic support from alumni and friends, the elements that separate the best from the merely good, those that provide a true margin of excellence, oftentimes have had to be left unaddressed and unfunded.
During consecutive years of frozen faculty and staff compensation, the Alumni Association has stepped forward to provide financial assistance in order to retain valued faculty. Twice, the Association answered to the best of our ability. The support we have been able to provide, however, has been grossly inadequate. Dozens of other needs have been identified, which the Alumni Association sadly has had no capacity to address, until now.
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