Campaign Makes Its Mark A Year Ahead Of Schedule
Dec. 10, 1999 -- The
Campaign for the University of Virginia has reached its $1 billion
goal more than a year ahead of schedule, University President
John T. Casteen III announced Friday. The fund-raising effort
was taken over the top by the largest gift in the University's history,
a $60 million contribution to the Darden
School from U.Va. alumnus Frank Batten.
launched Oct. 6, 1995, with a target of $750 million, the campaign
raised $350 million in its pre-kickoff phase. In February 1998,
as the campaign's growing momentum pushed it beyond the $670
million mark, the University increased the goal to $1 billion.
began this campaign with the purpose of securing our centers of
excellence and achieving a measure of stability and self-sufficiency
in a time of reduced state support," Casteen said. "The
campaign has made enormous strides toward fulfilling these goals,
but more important, it has given us the confidence to think boldly
about the University's future and to envision ways to build
on what our donors have enabled us to accomplish."
127,000 donors have taken part in the campaign, which has continued
to maintain a strong pace. The 1998-99 fiscal year was the best
ever for the fund-raising effort, generating $198 million in gifts,
pledges and deferred gifts. In that same year, the campaign passed
its $100 million goal for future support, such as bequests and other
estate gifts. Many donors have participated through annual giving,
which in 1998-99 provided more than $18 million in unrestricted
support for schools and programs at the University.
campaign is making its most visible impact on the University's
physical environs. On the North Grounds, it has financed some 550,000
square feet of new and renovated buildings for the Law School and
the Darden School, and in athletics, it has made possible improved
and expanded facilities for football, baseball, lacrosse, soccer,
and other sports.
whole or in part, gifts to the campaign are funding such projects
a biomedical engineering and medical sciences building now under
a research wing for the Department of Environmental Sciences;
a new complex that will house the Albert H. Small Special Collections
Library and the David A. Harrison III Institute of American History,
Literature, and Culture;
restoration of Pavilion VII;
restoration of student rooms on the Lawn.
campaign's total includes
million for the University's 10 academic and professional schools
million for athletics,
million for libraries and museums
million for the Jefferson Scholars Program
million for the University's College at Wise
million for hospitals and clinics
million for preserving the Jeffersonian buildings and grounds.
million for the Miller Center of Public Affairs
million for the Alumni Association's endowment
campaign has added $35 million to the University's general
endowment, and it has provided another $50 million in entirely unrestricted
funds. To date, the campaign has received gifts, pledges and deferred
commitments for 161 endowed professorships, 100 endowed fellowships,
and 596 endowed scholarships.
the $1 billion goal has been achieved, the campaign is not over,
said Robert D. Sweeney, the University's vice president for
development. He noted that many of the campaign's goals remain
unmet, and other fund-raising priorities have arisen since the campaign
began its pre-kickoff phase in 1993.
can all take pride in reaching this historic milestone, but our
job's not done," Sweeney said. "We still have to address pressing
needs in the University's core academic
and we must ensure that the campaign attracts the broadest possible
participation among our alumni and friends. Every gift counts, from
annual contributions to gifts like Frank Batten's that are transforming
the University. We want everyone who values this institution to
share in the success of this effort."
more information, contact Bill Sublette, director of development
communications, at (804) 924-1057.
Carol Wood, (804) 924-6189