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Meeting Information

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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