Banner Year For Fund Raising At Darden
Dec. 10, 1999 -- The announcement Friday that
the University of Virginia's Darden
Graduate School of Business Administration will receive a $60
million gift -- the largest ever contributed to a business school
-- caps a record-breaking year for Darden's campaign.
gift from Frank Batten Sr., the retired chairman of Landmark Communications,
pushed Darden's fund-raising total for the year toward the
$100 million mark, a 1,000 percent increase in two years. The gift
followed by two weeks what had been Darden's previous record
gift, a $13.3 million commitment from William H. Goodwin Jr. and
his wife, Alice. A Darden alumnus, Goodwin is head of CCA Industries
major contributions received by Darden from its alumni this year
million from George David, chairman of United Technologies Corp.
million from Richard Mayo, a Boston money manager
million from James Todd, a real estate developer in Washington,
recent graduates also have contributed to the school's fund-raising
success. One hundred percent of graduates in the Class of '99
participated in their class gift, which Steven Oliveira, Darden's
vice president for development and alumni relations, believes is
a first in higher education. The school also has posted a 15 percent
increase in support through the Darden Society, which comprises
alumni and friends who make annual gifts of $2,500 or more.
record year has propelled the Campaign for Darden well past its
$100 million goal, which is now at $190 million with a year remaining.
Oliveira said the campaign has made a dramatic impact on Darden
and business education.
facilities and technological resources are now among the finest
in any business school in the world," Oliveira said. "The
school truly has undergone a transformational change that will keep
us very competitive in a highly demanding marketplace of ideas and
Phil Giaramita, (804) 924-3220