Capital Campaign, 1996-97

Restoration projects underscore the University's commitment to preserving its

Darden Passes the Campaign Torch to Saunders and Mitchell

Edward C. Mitchell, Jr., of Atlanta and Thomas A. Saunders, III, of New York assumed their posts as co-chairs of the Campaign for the University this summer, succeeding Joshua P. Darden, Jr., of Norfolk. Both chairmen have already been active leaders of the University's fund-raising efforts. Mitchell is past chairman of both the Arts and Sciences Campaign and the Arts and Sciences Alumni Council. Saunders is former chairman of the Campaign for Darden and past chairman of the Darden School Foundation Board of Trustees.

Darden has played a critical role in launching the campaign and moving it beyond the $500 million mark. "The debt we owe Josh Darden is beyond measure," said President Casteen. "Through his hard work, sound judgment and obvious loyalty to the University, he has helped to mount a well-conceived and well-organized fund-raising effort that will set the course of this institution in the next century." Saunders and Mitchell are pictured (left to right) with Darden.

unique heritage. Campaign contributions also make it possible for the present generation to add to the academic legacy of the University. Timothy B. Robertson (Col '77), who heads International Family Entertainment of Virginia Beach, and his wife, Lisa Nelson Robertson, pledged $1.2 million to develop a modern media studies program at the University. By supporting what University librarian Karin Wittenborg calls "the undergraduate library of the future," this gift allows students from all disciplines to create multimedia projects using the most up-to-date audio, video, and computer technology. Former professor Arnold Armando Del Greco and his wife, Laura, recently created the Casa Del Greco Library Collection by donating 3,000 works to the Department of Spanish, Italian, and Portuguese.

A range of specialized centers and institutes have been funded through campaign donations, which often attract additional funding. The Thomas C. Sorensen Institute for Political Leadership, established with private contributions, including a $500,000 gift from Sorensen, was awarded a $410,000 grant from the Pew Charitable Trusts. The Batten Center for Entrepreneurial Leadership, the driving force behind the Darden School's efforts to blend entrepreneurship, leadership, and values education into the curriculum, was established with a $13.5 million Batten Family Challenge. It has attracted $5.9 million so far from other donors.

Only through the generosity of thousands of individuals and organizations can the University maintain its margin of excellence. The following gifts are among the most noteworthy, but all contributions strengthen the University.

Smith's $25 Million Gift to Benefit U.Va. Athletics

Carl W. Smith's (Col '51) devotion to University athletics began during his years as a lineman on the great U.Va. football teams of the late 1940s and early 1950s. This year, the founder of the Charlottesville-based AMVEST Corporation expressed his appreciation for those formative experiences by pledging $25 million &emdash; the largest single monetary gift in the school's history &emdash; to the athletics department. It will be used to build an addition to Scott Stadium and to construct a football stadium at Clinch Valley College.

Even before making this announcement, Smith's commitment to the University was well known. He served on the Board of Visitors for eight years and was a two-term trustee of the Darden School Foundation. He has contributed to the Jefferson Scholars Program, the Children's Medical Center, and various schools of the University. This landmark $25 million challenge grant will enable University athletics programs to keep pace with the rising excellence of University academic offerings.

§ The Worrell Foundation of Boca Raton, founded by former Board of Visitors member Thomas E. Worrell (Col '66, Darden '71), pledged $4 million to support international and minority students entering the Darden School. The gift will create a fellowship fund for students from developing nations who use their training to improve conditions in their home countries.

§ James C. Slaughter (Col '49, Law '51) added a $150,000 commitment to previous donations of more than $4 million to the law school campaign, which were made through the Horace W. Goldsmith Foundation.

§ Lyell B. Clay (Law '48), Buckner W. Clay (Col '42), Lisa Spilman Sutphin, and the Charleston, W.Va., law firm of Spilman Thomas & Battle made a $200,000 joint gift for the new law grounds. Lyell and Buckner Clay added this to their previous gifts of $2 million to the law school and $500,000 to endow a model suicide prevention program.

§ Mortimer M. Caplin (Col '37, Law '40), a former member of the Board of Visitors, increased his commitment to the law campaign to $2 million, part of which will support the law school's public interest scholarship program.

§ An anonymous donor made a $2 million bequest to the University to create the Mrs. Charles A. Bryant Endowment Fund, which will provide graduate student fellowships.

§ California businessman William Hobson contributed $1.5 million to support professorships in the School of Medicine's Department of Health Evaluation Sciences.

§ Sture G. Olsson (Engr '42) made a $500,000 challenge pledge to expand the work of the Olsson Center for Applied Ethics, which was established originally through a $1 million challenge grant from the Elis Olsson Memorial Foundation. Central Fidelity Bank donated $125,000 to both the Darden School and the McIntire School to support teaching and research on ethics.

The Darden School Grounds The new Darden School grounds have proven to be an ideal environment for launching new initiatives, including programs in entrepreneurial leadership and business ethics.

§ A bequest from Katherine C. Gammon of Chattanooga, wife of the late Landon H. Gammon (Col '14), added more than $1.5 million to the University's unrestricted endowment.

§ The Tennessee Valley Authority is providing $1.5 million to the Darden School to fund the Tennessee Valley Authority Initiative in Public/Private Partnerships, which will establish a visiting professorship and a lecture series.

§ The Atlanta-based Lettie Pate Whitehead Foundation raised its total campaign giving above $1 million with a new grant of $368,000 to the U.Va. Fund, the Medical School Foundation, and Clinch Valley College.

Catching Up on the Old and the New

2,700 alumni from nine classes returned to Grounds in June to spend three days renewing friendships, reliving memories, and catching up on news at the University. One of the weekend's highlights occurred when members of the class of 1952 &emdash; clad in orange and blue striped blazers &emdash; marched in procession down the Lawn. President Casteen reconferred degrees on those who had missed graduation because of service in the Korean War.

Other weekend activities included a talk and poetry reading by former U.S. Poet Laureate Rita Dove, as well as special gatherings reuniting graduates who had lived in residential colleges and language houses, former Jefferson and Echols scholars, Madison House volunteers, and Cavalier Daily staffers. Alumni from each class presented the University with checks totaling more than $2.8 million.

§ The Craddock family created a $1.3 million endowment to support new MBA internships in medical, biotechnical, and health care-related ventures.

§ The late Frances Myers Ball of Charlottesville made the University the beneficiary of her life insurance policy to establish a chair in religious studies. The Health Sciences Center also received gifts from her estate of $1.2 million to support a cardiology research fund, a medical scholarship fund, and two new professorships.

§ The MCI Corporation donated six data switches valued at $1 million to the engineering school, providing the backbone of the University's Digital Image Processing Network.

§ Madeline Higginbotham Sly (Nurs '66) and Donald E. Sly, M.D. (Med '61), of Norfolk committed $1 million for nursing and medical scholarships and a professorship in the School of Nursing.

§ Two members of the Class of 1966 have anonymously pledged $1 million to Darden's Alumni Career Services Initiative.

§ The VBT HAT Foundation made a new $650,000 commitment to the University's Myles H. Thaler Center dedicated to AIDS research and the study of human retroviruses.

 

§ The Fair Play Foundation, headed by Delaware Campaign Chair Blaine T. Phillips (Col '52, Law '55), increased its commitment to $600,000, which is earmarked for an endowed professorship.

§ The Edmundson family of Norfolk committed more than $600,000 to support medical students.

Campaign Gifts and Pledges by Source

Alumni, parents, and friends are the driving force behind the University's campaign, with individual gifts accounting for 58 percent of the campaign's total. In the past fiscal year alone, individual donors gave 46,724 gifts out of a total of 62,941. [Corporations, Foundations, Other Organizations]

§ Martin Lawrence Killgallon, II (Darden '72), and his brother William, both executives at The Ohio Art Company, endowed a professorship in the Darden School honoring their father, W.C. Killgallon.

§ Davis (Col '54, Engr '59) and Winnie Hamlin of Dallas created a charitable remainder trust for the Winborne Leigh Hamlin and Jefferson Davis Hamlin Endowment Fund, which will provide unrestricted operating support for engineering and arts and sciences.

§ Bobbie Nau and John L. Nau, III (Col '68), of Houston made a new pledge to fund a graduate fellowship in Civil War studies, adding to their earlier commitment to create an endowed professorship in this field.

§ Former Darden professor and pharmaceutical executive John Alden Purinton, Jr., gave $500,000 to the Darden School to endow a visiting professorship in international management.

§ A $500,000 bequest from the estate of Edward F. Howrey funded a chaired professorship in advocacy and professional responsibility at the law school.

 

The New Law School Grounds Students and faculty moved into the David A. Harrison III Law Grounds this fall.

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President's Report 1996-97 Contents

Financial Report 1996-1997