Whether
in the form of annual giving, endowment support, or funds for
capital projects, outright gifts make an immediate impact on
the University. They may be designated for any school or program,
or they may be left entirely unrestricted to give the University
the greatest flexibility to direct funds where they are needed.
For more information, please call (800) 688-9882 or make a gift now.
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Giving
to the McIntire School: Sonja Hoel
When it came time to choose a college, Sonja Hoel (McIntire
'88) couldn't conceive of going anywhere else. She entered
the McIntire School of Commerce, where her preparation
for the business world was nothing less than "phenomenal,"
she says, which is why she makes McIntire the beneficiary
of her annual gifts to the University.
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There are many reasons why annual giving is so important
to the University of Virginia, but two stand out. First, it
is largely unrestricted, which means your gift can go directly
toward the bottom line for the University and its schools and
programs. And second, annual giving is just that — annual.
By making contributions from year to year, alumni, parents,
and friends provide a consistent stream of support for academic
and student-life programs.
Leadership
participation in annual giving is recognized by the Rotunda
Society, which salutes donors who contribute $2,500 or more
in a single fiscal year, July 1 to June 30. A donor may use
annual giving to support one or several areas of the University.
A donor may also earmark all or a portion of an annual gift
for the general purposes of the University. In addition to
the University’s 10 academic schools, many other worthwhile
programs on the Grounds rely on annual giving from alumni,
parents, and friends.
Who
makes annual gifts?
Frequently
asked questions about year-end giving.
Outright
gifts may be used to help finance the construction of new
facilities, the renovation and expansion of existing buildings,
and the restoration of historic structures and landscapes.
To recognize gifts that cover at least 51 percent of the cost
of a construction project, the University will name the new
facility for the donor or for a person whom the donor wishes
to honor. There are also recognition opportunities for donors
who provide major support for the University’s historic
preservation efforts. Projects on the drawing board include
the Arena and Special Events Center, Wilsdorf Hall, and the
McLeod Hall addition for nursing education. More
on current capital projects.
Benefiting the University community in perpetuity, endowment
gifts are invested to generate a steady stream of income for
professorships, scholarships, fellowships, lectureships, book
funds, and many other purposes. Donors may also create unrestricted
endowments, which produce resources that can be used where
the need is greatest. More on named
endowments.
Many companies encourage their employees to make charitable
contributions by matching their philanthropic support. At
the University, donors receive credit for their employers'
matching gifts. The impact of corporate matching support can
be enormous. To cite one example, Thomas Osborne (Col '87),
a member of the University’s Council for the Arts, made
a gift to the studio art program this past year. Matching
support from his New York employer, UBS Warburg, increased
the impact of his gift by 50 percent. Among the most generous
providers of matching gifts to the University are IBM, ExxonMobil,
Philip Morris Companies, and General Electric. In a single
year, IBM's matches to gifts from its personnel provide nearly
$140,000 to U.Va. and its schools and programs. Hundreds of
other companies have similar matching-gift programs. To find
out if you work for one of them, use this online search or consult your human resources office,
which will also provide you with a matching gift form.
Please fill out the form and mail it to:
The University of Virginia
P.O. Box 400807
Charlottesville, VA 22904-4807
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Check out the Reunion Giving site. |
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During
their reunion years, a growing number of alumni choose to
make a significant contribution to the University or to raise
their level of annual giving. In 2004, members of the baccalaureate
reunion classes contributed a total of $12.6 million to the
University. Reunion giving encompasses any contribution
for any purpose made by a member of a reunion class during
the University's fiscal year, which runs from July 1
through June 30. Each year during Reunions Weekend, the reunion
class that contributes the largest dollar amount and the class
with the highest participation rate are honored in a ceremony
on the Lawn.
During Reunions 2004, giving chairs for each class presented
ceremonial checks to President Casteen representing the sum
of all contributions made by classmates during their reunion
year. The gifts were earmarked for any purpose the donors
wished. The Class of 1979 contributed the largest total, $3,433,522. The Class of 1979
also posted the highest participation rate in reunion giving, 35
percent.
Frequently
asked questions about reunion giving. More about Reunion Giving.
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