from Alumni and Friends
A key element in our plan is the capital campaign, designed to boost private support to a yearly level of $100 million by the end of the decade. This is a complex undertaking, requiring the assistance of thousands of individuals even before the public phase of the campaign begins in fall 1995. We owe much to the campaign's executive committee, chaired by Joshua P. Darden (Col '58), and to our National Leadership Gifts Council, headed by Charles L. Brown (Engr '43).
The University has already raised more than $200 million in gifts and pledges, an impressive total at such an early point in the campaign. Nearly $67 million came in 1993-94 alone, up $20 million from $47 million in 1989. The endowment reached $641 million as of June 30, 1994, an all-time high.
In truth, the University enjoys the highest level of alumni support of any public university, when measured on a per-alumnus basis. A sampling of significant gifts helps tell the story.
- The Brown family of Louisville, the Brown-Forman Corporation, and the W. L. Lyons Brown Foundation donated $2.5 million to endow the Monroe Hill residential college, now named Brown College.
- D. Lurton Massee (Law '61) of Atlanta left a $1 million bequest to the School of Law for professorships. In addition to the monetary gift, the estate left several paintings to the University's Bayly Art Museum and the law school.
- The estate of Elizabeth Stuart James Grant (Law '46) will provide the University $750,000 over the next three years and additional funding in the future. The funds will be used to endow a Jefferson Scholarship from the Danville-Pittsylvania County area and to support an endowed professorship in the economics department. Grant was the publisher of the Danville Register & Bee newspaper.
- John A. Griffin (Com '85) of New York City pledged $1 million to the University, with much of the gift going toward an endowed professorship in English literature named for his mother, the distinguished drama critic and Shakespearean scholar Alice Griffin.
- Board of Visitors member Mortimer Caplin (Col '37, Law '40) has completed gifts and trusts to the law school that total more than $1.3 million.
- The estate of Katharine Howell of Fayette County, Pa., granted the medical school $750,000. Ms. Howell was an admirer of the work of Thomas Jefferson.
- Jefferson Bankshares, Inc., honored University rector and retiring Bankshares president Hovey S. Dabney (Law '49) with a chaired professorship named in his honor.
- The engineering school received a $750,000 challenge grant from the Kresge Foundation toward the completion of the second stage of the new Chemical Engineering and Biotechnology Building.
- The schools of nursing and medicine received a $2 million grant from the Theresa A. Thomas Memorial Foundation of Richmond to provide endowments for scholarships in nursing and medicine and to create a new professorship in primary care nursing.
Capital Campaign: Alumni Leadership
When the University officially commences its campaign next fall, Katie Couric (Col '79), coanchor of NBC's Today show, will serve as the master of ceremonies. Jordan Saunders, of New York, will serve as volunteer chair of the campaign kickoff.
The fourteen-member campaign executive committee has provided the University with leadership and policy direction for the fund-raising effort. The committee is composed of some of the University's strongest supporters, who collectively have committed $16 million toward the campaign.
- Committee chair Joshua P. Darden, president of Darden Properties Inc. in Norfolk and former rector of the University.
- Vice chair Charles L. Brown of Princeton, retired chair and CEO of AT&T and former Board of Visitors member, who now heads the campaign's National Leadership Gifts Council and serves on the Health Sciences Council.
- Paul B. Barringer, II (Col '52), of Hilton Head, president and CEO of Coastal Lumber Co. and an emeritus member of the Arts & Sciences Alumni Council.
- W. L. Lyons Brown, Jr. (Col '58), of Prospect, Ky., current member of the Board of Visitors, chair of the board of Brown-Forman Corp. of Louisville, and former Alumni Association president.
- Hovey S. Dabney (Law '49) of Charlottesville, rector of the University of Virginia and chair of the board of Jefferson National Bank.
- J. Davis Hamlin (Col '54, Engr '59) of Dallas, a senior vice president and director of EDS Corp., an independent subsidiary of General Motors.
- David A. Harrison, III (Col '39, Law '41), of Hopewell, a former member of the Alumni Association Board of Managers and owner of Flowerdew Hundred Plantation, which encompasses a museum and important archaeological sites.
- Landon Hilliard, III (Col '62), of Oyster Bay Cove, N.Y., a partner with Brown Brothers Harriman & Co. in New York City and former president of the Alumni Association.
- Arnold H. Leon (Col '55, Law '57) of Norfolk, a member of the Board of Visitors and a partner with Cooper, Spong, and Davis, PC, of Portsmouth.
- Roland M. Lynch (Col '71, GSBA '75) of Centerville, Ohio, the president of Capsulated Systems, Inc., a Darden School Foundation trustee, and chair of the Walter N. Ridley Scholarship Board, which raises money for minority scholarships.
- Blaine T. Phillips (Col '52, Law '55) of Wilmington, a partner in the law firm of Potter, Anderson & Corroon and member of the Alumni Board of Trustees of the University of Virginia Endowment Fund.
- Rebecca Rimel (Nurs '73) of Ardmore, Pa., president and CEO of The Pew Charitable Trusts in Philadelphia and member of the nursing school's advisory board.
- Wallace Stettinius (Col '55, GSBA '59) of Richmond, chair of Cadmus Communications Corp. and recent chair of the Board of Trustees of the Darden School Foundation.
- Henry L. Valentine, II (Col '50), of Richmond, chair and CEO of Davenport and Co., Inc., and former president of the Alumni Association.
The University is grateful for the support alumni and other friends provide, both of their time and resources, as we face the challenges of the new century. Our determination to make our own way as a state-assisted institution is remarkably consistent with Jefferson's vision for his University. In fact, these new circumstances have given us the impetus to reshape our practices to conform more closely to the Jeffersonian ideal, as the following pages show.
Go on to III. Leadership in Higher Education
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