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UNIVERSITY
OF VIRGINIA
BOARD OF VISITORS EXECUTIVE SUMMARY
EXTERNAL AFFAIRS COMMITTEE
March 27, 1998
3:30 - 4:00 p.m., East Oval Room
- REPORTS
BY THE VICE PRESIDENT FOR DEVELOPMENT
- VICE
PRESIDENT'S REMARKS - The Vice President for Development will
review with the Board of Visitors proposed specific strategies
to gain the most visibility and momentum from the raising of the
Campaign goal to $1 billion. He will also report on the next generation
initiatives as well as report on the over-all fund-raising and
program progress.
- A.1.
BILLION DOLLAR LAUNCHING STRATEGY - The Vice President will review
with the Board an outline of actions to be taken over the next
thirty days (and throughout the remainder of the academic year)
to ensure that the Campaign goal increase generates the maximum
impact on fund raising at the University.
- A.2.
NEXT GENERATION INITIATIVE - The Vice President for Development
will report on the President's first session with the University's
most important young alumni in Tucson. He will address the importance
of fully engaging and involving the University's "next generation"
alumni in the life of the University.
- PHILANTHROPIC
CASH FLOW - This report will be a statistical review of fund-raising
cash gifts received for the period July 1, 1997 - January 31,
1998. Emphasis will be placed on measuring performance compared
to FY97 and the previous three fiscal years. $91.1 million has
been received to date toward a stated cash flow goal of $100 million.
- CAMPAIGN
PROGRESS - FY'98 - Audited figures through January 31, 1998, show
campaign progress at $689 million toward the University's revised
goal of $1 billion. This includes $624 million of outright support
and $65 million in "future" support, including bequest expectancies
and insurance gifts.
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