Skip to Content

Meeting Information

EXTERNAL AFFAIRS COMMITTEE
Saturday, March 27, 1999
9:30 - 10:15 a.m.
East Oval Room, The Rotunda


Committee Members:

Henry L. Valentine, II
John P. Ackerly III, Ex Officio
Charles M. Caravati, Jr.
T. Keister Greer, Chair
Elsie Goodwyn Holland
Terence P. Ross
Albert H. Small
Timothy B. Robertson

AGENDA

REPORTS BY THE VICE PRESIDENT FOR DEVELOPMENT (Mr. Sweeney)


A.1. Alumni On-Line Community

BACKGROUND: The University's schools and units are increasingly making use of the Internet to communicate with, and market to, their constituencies. Several schools have web pages specifically targeted toward alumni, but no institutional approach to web communication with alumni is currently in place.

DISCUSSION: The University Development Office and the Alumni Association, in collaboration with the Executive Vice President's Office, are working to establish an alumni internet network which would coordinate alumni-related information from schools and units, the greater University, and the general alumni population into an on-line community. It would offer services such as comprehensive e-mail forwarding, an on-line alumni directory, bulletin boards and networking groups. Plans target the network to be in place by fall 1999. The Vice President for Development will report on the progress of discussions and plans.

ACTION REQUIRED: None


A.2. Internet "Summit"

BACKGROUND: The recent rapid growth and visibility of internet-related businesses has revealed a large number of University of Virginia alumni involved in this sector. University alumni are involved in on-line services such as Yahoo, Infoseek, Mindspring, Raging Bull and Broadcast.com, as well as in media, software and venture capital companies with links to the Internet. This group presents a valuable opportunity for networking and dialogue on Internet issues at the University

DISCUSSION: Plans are being made to host this group of "high technology" alumni on-Grounds to debate such issues as long-distance learning, joint ventures between private companies and public institutions, Internet ethics, and other high technology topics as they relate to the University and the country. The group might also be asked to comment on the University's planning commissions and the impact of Internet technology on the commissions work. Whether in an intimate seminar format, or as a larger University-wide conference, the goal of the gathering will be to foster a stronger relationship between the University and these alumni.

ACTION REQUIRED: None


A.3. Benchmarking Peer Group

BACKGROUND: In order to provide an objective assessment of fund-raising quality at the University of Virginia, the Vice President for Development routinely charts the University's progress in comparison to similar public and private universities.

DISCUSSION: Typically, the University has compared its fund-raising progress to that of top public institutions. The University of Virginia has consistently placed in the top 10 of these rankings, especially when adjusted for size. In an attempt to provide the most realistic benchmarks for our fund-raising program, the Vice President has recently chosen a peer group which most closely mirrors the Universitys size, location, programs and status. The Vice President will discuss this peer group and various fund-raising measures.

ACTION REQUIRED: None


A.4. Arts Precinct Feasibility

BACKGROUND: The Arts Precinct is a planned complex for the fine and performing arts that will incorporate existing structures and new facilities in the Carr's Hill area. If approved, the Arts Precinct will require a major fund-raising effort. In order to test interest of potential donors in the project, a feasibility study has been launched.

DISCUSSION: Peter M. Kellogg of The Kellogg Organization, Inc. is conducting the philanthropic marketing study for the proposed Arts Precinct. He plans to hold thirty-five interviews as part of the study, and already has met with a number of alumni, parents, and friends of the University in New York, Atlanta, Charlottesville, Washington, DC and Los Angeles, and plans additional visits in several other communities. Preliminary conclusions will be presented to the University's Council for the Arts and to other campaign committees in May. It is from this study that the University will be able to make some strategic decisions about fund-raising capacity for the Arts, prominent individuals who might lead an aggressive fund-raising campaign and overall commitment to the Arts within the Charlottesville community.

ACTION REQUIRED: None


B. Philanthropic Cash Flow

BACKGROUND: A statistical review of fund-raising cash gifts received for the period July 1, 1998 - January 31, 1999. Emphasis will be placed on measuring performance compared to Fiscal Year 1998 and the previous three fiscal years.

DISCUSSION: Cash flow for December 1998 was $23.9 million. The year-to-date totals now stand at $71.9 million. As usual, December was a strong cash month, making up most of the ground lost when the stock market dipped in August. Cash flow is down only 8% or $6.4 million from 1998s record-breaking year. Fiscal year 1999 remains one of our strongest cash years to date, with to-date increases of 38% over Fiscal Year 1997 and 24% over Fiscal Year 1996.

ACTION REQUIRED: None


C. Campaign Progress

BACKGROUND: The Capital Campaign remains the top priority for University of Virginia fundraising. Progress will be reported through January 31, 1999.

DISCUSSION: At December 31, 1998, the Campaign total raised to date stood at $834.5 million, with $745 million in gifts and pledges and $89.5 million in future support. This total reflects an exceptionally strong year-end, with over $35 million in new commitments. The campaign remains ahead of pace with 83% of the total achieved and 73% of time elapsed.

ACTION REQUIRED: None



MORE MEETING INFORMATION PAST MEETINGS PUBLIC MINUTES

BOARD OF VISITORS OF THE UNIVERSITY OF VIRGINIA

Maintained by webmaster@virginia.edu
Last Modified: Thursday, 02-Jul-2009 08:17:44 EDT
© 2000 by the Rector and Visitors of the University of Virginia
Information: 434 924-0311