Statement of Accounts
2004-2005
CONTRIBUTIONS
I. UNRESTRICTED FUNDS
Current Use
Alumni Association Events
Arnold R. Boyd
E. Fontaine Broun
Andrew D. Christian
Class of 1961
Lammot duPont Copeland
Richard N. Crockett
Hardy Cross Dillard
Doherty Foundation
Doherty-Lassen Memorial
Henry L. Doherty Memorial
The Dana Drake Fund
Ernest L. Folk III
General Endowment
General Fund
Colonel Joseph M. Hartfield Memorial
Joseph M. Hartfield
D. Peck Hill
J. Wilton Hope
The Wallace Howland Fund
Lawrence W. I’Anson
Henry C. Little
Ernest E. Monrad
Donald Richberg
The William H.D. Rossiter Fund
J. Edward Smith
H.C. Kinsey Spotswood
Randall S. Strange
Albert R. Turnbull
Royall Victor Memorial
John William Waltz
Leigh D. Williams
George A. and Elisabeth Dent Wilson
Stephen Clark Woodroe
TOTAL UNRESTRICTED FUNDS
6
JUNE 30, 2005
–
–
–
–
–
$ 2,700,577
$ 46,963,549
2,659,093
–
130
–
–
36,106
–
–
–
–
–
–
–
–
5,148
–
–
–
–
–
–
–
–
–
–
–
–
–
–
100
2004-2005
MARKET VALUE
2,212,346
11,375
630,782
897,902
25,108
793,142
4,551,557
88,333
220,156
1,886,148
1,431,494
987,476
562,701
643,745
7,743,932
489,982
145,105
2,753,209
237,819
148,693
781,826
54,589
682,836
281,261
214,777
3,871,400
311,917
84,608
128,989
15,018
33,638
332,057
556,244
12,201,038
952,345
$
$
July 1, 2004 through June 30, 2005
CONTRIBUTIONS
JUNE 30, 2005
MARKET VALUE
II. UNRESTRICTED REUNION FUNDS
Class of 1955
$
Class of 1975
Class of 1980
Class of 1990
Class of 1995
Class of 2000
55,550
209,743
140,001
43,339
21,340
12,060
$
62,458
211,856
90,314
43,589
21,235
12,144
TOTAL UNRESTRICTED
REUNION FUNDS
482,034
$
441,597
–
$
251,585
600,582
341,023
473,571
1,688,967
2,118,826
628,733
958,465
372,096
615,534
237,709
342,591
434,242
617,609
III. PROFESSORSHIPS
John S. Battle
Thomas F. Bergin Teaching
Albert C. BeVier Research
Barron F. Black Research
Perre Bowen Fund
Perre Bowen
T. Munford Boyd
Brokaw Professorship in Corporate Law
Percy Brown, Jr.
Walter L. Brown
The Honorable Albert V. Bryan, Jr. ’50
Caddell & Chapman Research
Daniel Caplin
Joseph C. Carter, Jr. Research
Nicholas E. Chimicles Research
in Business Law & Regulation
Class of 1941 Research
Class of 1948 Scholarly Research
Class of 1957 Summer Research
Class of 1962
Class of 1963 Research
Class of 1966 Research
Edwin S. Cohen Distinguished
Professorship in Law and Taxation
Hardy Cross Dillard/
Class of 1969 Professorship
Armistead M. Dobie
Henry L. and Grace Doherty
Charitable Foundation
John A. Ewald, Jr. Distinguished Visiting
Horace W. Goldsmith Research
Charles O. Gregory
$
$
100
–
–
–
–
–
–
–
–
10,611
–
12,700
4,815
3,000
13,100
461,921
387,782
499,744
862,690
1,151,525
639,396
595,126
1,036
1,211,079
–
–
489,886
213,625
–
–
413,042
1,537,545
2,027,691
657,761
–
25
701
61,679
–
300,000
250
2003-2004
CONTRIBUTIONS
2004-2005
CONTRIBUTIONS
David A. Harrison III Faculty
Development Fund
$
David & Mary Harrison
Distinguished Professorship
Joseph M. Hartfield Memorial
(by Watson Foundation)
Michael J. and Jane R. Horvitz
Distinguished Professorship
Michael J. Horvitz Young Teachers Fund
Edward F. Howrey Research
Hunton & Williams Research
David H. Ibbeken ’71 Research
E. James Kelly, Jr. – Class of 1965 Research
Edward J. Kelly, III
Inez L. Kimmel Young Teachers Fund
Arnold H. Leon
James Madison Professorship
James Madison Distinguished Professorship
Justice Thurgood Marshall Research
David Lurton Massee, Jr.
Samuel H. McCoy II
Elizabeth D. & Richard A. Merrill Research
John Barbee Minor Distinguished
James Monroe Distinguished Professorship
Roy L. & Rosamond Woodruff Morgan
William L. Matheson and Robert M.
Morgenthau Distinguished Professorship
Blaine T. Phillips Distinguished
William S. Potter
Lewis F. Powell, Jr.
John V. Ray Research
F. D. G. Ribble
Harrison Robertson Research
S.E.S.-General (Eminent Scholar)
Robert E. Scott Distinguished
John S. Shannon Distinguished
Earle K. Shawe Employment Law
Thomas J. Sidman Young Teachers Fund
Howard W. Smith
Emerson G. Spies
John C. Stennis
Sullivan & Cromwell Research
Albert C. Tate, Jr.
O. M. Vicars
Warner-Booker Distinguished
–
JUNE 30, 2005
$
3,007,754
–
45,360,298
–
317,585
100,000
815,008
34
594,440
516,116
606,061
594,252
13,214
721,332
845,003
2,214,712
372,455
822,718
1,864,815
431,531
577,889
2,228,790
2,201,642
382,085
–
–
–
3,420
–
13,000
30,000
5,000
14,499
–
134,787
–
–
–
–
–
–
–
25,000
24,689
5,000
–
250
100
–
19,972
10,000
100
–
–
39,997
–
–
3,000
–
–
2004-2005
MARKET VALUE
1,075,316
1,666,452
737,493
1,223,942
469,218
245,437
442
942,827
1,972,292
1,279,476
498,426
194
12,255
950,412
59,328
798,178
924,348
582,397
1,299,064
CONTRIBUTIONS
F. Palmer Weber Research in Civil
Liberties and Human Rights
Joseph Weintraub – Bank of America
$
TOTAL PROFESSORSHIPS
$
–
100,000
936,833
JUNE 30, 2004
MARKET VALUE
JUNE 30, 2005
MARKET VALUE
$
388,064
1,112,655
$ 101,556,293
IV. SCHOLARSHIPS
Non-Endowed Scholarships
Alcoa Law Fellowship
$
Richard F. Barry III
Millard Cass
Courts & Commerce
Dillard Summer Intern Program
Dillard University Fellowship
Virginia Dale Eschenburg
Oliver W. Hill
Hunton & Williams
Jackson Walker L.L.P.
Jack P. Jefferies
A. Stewart Kerr
Monroe Leigh ASIL Fellowship
School of Law General
Society of the Cincinnati
Scott R. Owens Memorial Scholarship Reserve
Whitehead Memorial
Womble Carlyle
3,000
–
3,160
5,000
–
–
11,000
26,200
3,000
5,495
–
1,500
1,000
24,345
17,500
–
1,000
4,000
$
3,037
8,906
3,181
93
35,246
156
30,957
1,703
3,212
–
357
1,550
100,837
188,235
–
52,338
2,109
–
7
Statement of Accounts continued
2004-2005
CONTRIBUTIONS
Endowed Scholarships
Kent E. Agness
$
Hawthorne D. Battle
Juliet R. Belknap / McAlister Marshall
Candace K. and Frederick W. Beinecke
Robert K. Bellamy
Senator Leroy Bendheim
Black Law Alumni
Franklin O. Blechman
Judge Albert V. Bryan Sr.
Judge John D. Butzner, Jr.
Don Cameron
Oleda D. Casscells
Class of 1902
Class of 1926
Class of 1927
Class of 1935
Class of 1937
Class of 1938
Class of 1953
Class of 1955 James Madison
Class of 1962 Albert R. Turnbull
Class of 1964
Class of 1968 Robert F. Kennedy Memorial
Class of 1970
Class of 1975 James Madison
Class of 1976 Lawrence T. MacNamara
Class of 1976
Class of 1978 Mrs. Virginia Haigh
Class of 1979 Thomas Tegnazian Memorial
Class of 1981
Class of 1982 James Madison
Class of 1983
Class of 1984
Class of 1985
Richard G. Clemens
Duncan McRae Cocke
Howard H. Conaway
Joe Creason
William H. Cutlip
John M. Dial ’36
Hardy Cross Dillard Scholarships
Class of 1938 Dillard Scholar
Class of 1951 Dillard Scholar
Class of 1958 Dillard Scholar
Class of 1960 Dillard Scholar
Class of 1965 Memorial Dillard Scholar
Dillard Scholar General
J. William Lewis Dillard Scholar
Allen F. Maulsby Dillard Scholar
8
1,000
–
–
18,251
5,613
–
460
3,600
32,825
3,200
–
–
–
–
–
–
1,200
3,211
5,938
–
9,610
–
–
117,795
–
1,850
35,550
–
1,800
3,938
3,050
39,659
32,102
110,382
–
–
–
–
224
–
–
100
1,100
138,045
164,238
1,000
–
–
JUNE 30, 2005
MARKET VALUE
$
1,019
51,352
140,654
168,042
174,402
323,706
8,810
253,460
73,885
126,316
72,265
137,842
203,813
224,705
427,294
67,900
129,985
1,282,580
276,539
260,675
482,022
135,404
45,548
356,172
225,327
693,153
207,226
202,802
172,704
141,934
88,974
385,174
279,806
111,418
140,070
738,054
31,939
120,069
281,045
49,711
592,165
208,418
301,908
844,400
169,549
526,455
1,138,708
469,491
2004-2005
CONTRIBUTIONS
Scott R. Owens Dillard Scholar
$
George Terrien Dillard Scholar
Blanche Dodds Kovarik
Henry A. Dudley
Jessie Ball duPont
Engel Fund
Michael C. Farrow
John Shaw Field
William D. Ford
Carl M. and Carolyn C. Franklin
Glynn Family
Harry L. Goddard ’37 Memorial
Martin Goodman
E. Stuart James Grant Charitable Trust
Albertis Sydney Harrison Memorial
David Hartfield, Jr. Merit
Joseph M. Hartfield
S. Phillip Heiner Memorial
Alan J. Hofheimer
Holland & Knight
King & Spalding
Rodger W. Klein
Law Alumnae
Margaret Love
Ronald L. Marmer
Wallace M. McClure Graduate Fellowship
Hugh D. McCormick
McGuireWoods
Armistead L. Boothe / McGuireWoods
New England James Madison
James L. and Lettie Lane North
Oder Family
Ernest Sydney Quick
Mary Quinn
Charles A. Read
F. D. G. Ribble
Robert J. Rogers
James R. Roney, Jr.
William Pendleton Sandridge
Joyce and Norman A. Scher
David L. Schwartz Memorial
Collins J. Seitz
Richard E. Shands
Gail S. and Richard D. Siegal
Paul A. Simon Memorial
James C. Slaughter
Hiram H. Spicer III
Catherine Spurzem Memorial
William A. Sutherland
42,027
–
–
10,000
–
5,000
–
–
–
–
–
100,000
1,074
–
–
–
–
12,486
1,400
–
44,750
–
81,707
–
20,000
–
–
2,500
500
–
–
–
–
–
6,500
–
50
3,500
2,520
5,000
5,000
1,000
–
–
5,000
–
–
10,000
10,000
JUNE 30, 2005
MARKET VALUE
$
590,816
2,203,414
866,703
568,962
138,535
655,501
49,118
425,828
558,728
124,186
132,677
101,932
88,782
163,273
146,235
564,055
717,298
420,978
184,138
134,287
455,681
298,793
218,668
27,772
71,456
166,041
238,920
170,609
122,012
172,330
329,385
119,717
141,423
104,583
196,335
157,557
254,928
60,868
146,042
221,691
460,809
142,112
352,159
1,005,190
291,468
24,249
123,248
106,461
358,500
2004-2005
CONTRIBUTIONS
Swager Sherley & Andrew O. Young
$
James A. Tregarthen Memorial
Oscar W. Underwood, Jr. Memorial
Union / Standish Foundations
Virginia Long Time Residents
Paul G. Wallach Memorial
Judge Richard L. ’51 & Eugenia K. Williams
John G. Yancey ’27
TOTAL SCHOLARSHIPS
JUNE 30, 2005
1,000
1,665
700
22,500
–
451,871
118,690
369,916
1,392,988
246,512
19,901
21,436
685,199
$ 1,237,819
$ 32,657,770
–
–
–
$
V. RESTRICTED FUNDS
Dean’s Funds
Hardy Cross Dillard
David Hartfield
$
Student Programs
Bracewell & Giuliani Oral Advocacy Awards
Kevin Chapman Memorial
Class of 1952 Moot Court
Claire Marie Corcoran Memorial
Environmental Law Forum
Environmental Law Journal
Principles and Practice Program
Public Service Conference
Student Legal Forum
Student Miscellaneous
Virginia Journal of Law and Politics
Virginia Law Review
Virginia Public Service Loan Assistance
Virginia Tax Review
Loans
Brownell Emergency Assistance
Miscellaneous
Amev Law/Medicine
Peter Bronstein Negotiation Skills Institute
Edwin S. Cohen Fund
Constitutional Law
Jessie Ball duPont Advocacy Clinic for the Elderly
Environmental Law Clinical Programs
Ethical Values Seminar
Faculty Reserve
Ernest L. Folk III Handicapped Access
Gifts-in-Kind
Graduate Law Students
Peter Graff ’96 Memorial
19,650
–
5,000
–
27,724
–
175
523
250
3,220
–
11,206
9,805
1,175
16,146
50
$
137,052
12,989
1,570
951
418,943
8,023
255
2,179
86,921
12,382
23,450
29,565
9,875
17,803
31,209
2,544
50
15,544
–
1,154
25,703
6,060
414
19,021
2,188
750,000
1,806,080
15,092
–
156
14,028
11,119
6,000
–
33,650
1,500
–
535
–
53,725
115
3,050
2004-2005
MARKET VALUE
CONTRIBUTIONS
Milton & Miriam Handler Foundation
$
Naomi Hendershot ’01 Memorial
P. Browning Hoffman Memorial Lecture
Human Rights Program
Interdisciplinary Professional Values Seminar
John C. Jeffries, Jr. Restricted
Robert Wood Johnson Public Health Law
Kilpatrick Stockton Project
Herbert L. Kramer and Herbert K. Bangel Prize
Law and Business Program
Law and Technology Program
Law Library General
John M. Olin Program in Law
and Economics
Mary Morton Parsons Seminars in Ethics
Mary C. and Roy H. Ritter Prize
W. Sydnor Settle, Restricted
Special Temporary Accounts
Student Funded Fellowship
Textbook Royalties
Transactional Teaching
Trustees’ Academic Initiative
Virginia Law Foundation Advocacy
Clinic for the Elderly
Virginia Tax Study Group
Sadie Lewis Webb Visiting Scholar
in Law & Biomedicine
TOTAL RESTRICTED FUNDS
–
4,520
250
446
7,000
29,241
JUNE 30, 2005
MARKET VALUE
$
–
5,000
–
262,150
17,189
2,275
300,000
5,300
4,561
159,458
332
10,908
67,291
41,311
5,067
167,930
664,780
318,445
62,957
–
–
–
135,788
35,599
20,642
142,937
428,823
21,195
519
367,115
408,223
8,000
1,500
2,051
469
25,000
47,665
–
10,000
42,389
54,500
57,845
$ 1,031,972
$
6,570,518
$
$
377,430
32,228
32,033
119,836
3,643
59,744
112,730
109,880
63,974
138,387
34,886
11,035
106,713
VI. RESTRICTED ENDOWMENTS
Awards
Mortimer Caplin Public Service Award
Edwin S. Cohen Tax Award
Carl M. Franklin Prize
Robert E. Goldsten ’40 Award
Eppa Hunton Book Award
Margaret G. Hyde Award
John S. Kingdon Moot Court Prize
Daniel Rosenbloom Award
Earle K. Shawe Labor Relations Award
James Shoemaker Moot Court Awards
James C. Slaughter Honor Award
Stephen Pierre Traynor Award
Roger and Madeline Traynor Award
32,000
–
–
–
–
–
–
–
–
–
–
–
–
9
2004-2005
CONTRIBUTIONS
Mary Morton Parsons Seminars in Ethical Values
Benjamin F. Bordon ’48 Lectureship
$
Charles O. Gregory Lectureship
John Izard ’49 and Walter G.
Dunnington, Jr. ’50 Lectureship
Edgar F. Puryear, Jr. ’67 Lectureship
Daniel Rosenbloom ’54 Lectureship
Harold C. Stuart ’36 Lectureship
Lectures/Lectureships
Sewell C. Biggs Lectureship
John D. Cole, III ’63 Lectureship
in Communications and Media Law
Edward S. Hirschler Lectureship
Law and Business Lectureship
Claiborne Ross McCorkle Lecture
Meador Lecture on Law and Religion
T. Justin Moore, Jr. ’50 Lectureship
Ola B. Smith Lecture
Gustave Sokol Program
John M. Van Deventer Lectureship
in Law & Business
Lester E. Zittrain Lectureship
Library
Caplin Tax Collection
Dorothea Lane Cutts
H.C. Dillard International Law Collection
Endow-A-Book
Farmer Memorial
Charles D. Fox, Jr. Memorial Book
Warren W. Hobbie Religious Law
Jefferson Legal Collection
Walter Whitlock Klaus Reading Room
NEH Challenge Grant
John Ritchie
Charles J. Sheppe Memorial
Judge John Charles Watrous
William H. White, Jr. Memorial
–
150
JUNE 30, 2005
$
144,459
162,908
–
–
–
–
145,291
153,686
175,402
132,884
–
695,846
450
–
–
8,898
181,031
13,361
201,168
284,911
236,175
31,245
769,407
31,250
1,000
31,854
31,913
–
–
–
325,707
127,047
33,916
7,492
466,472
191,306
182,803
14,807
165,061
1,509,953
23,217
56,490
18,157
264,737
–
13,000
–
1,000
20,336
200
–
1,250
–
–
600
–
–
–
250
–
Public Service
Mortimer Caplin
Public Service Fellowship
Class of 1959 Public Service Loan Assistance
Class of 1964 Public Service Loan Assistance
Class of 1965 Public Service Loan Assistance
Class of 1996 Public Interest Fellowship
Linda A. Fairstein Public Service Fellowship
Fox Public Service Loan Assistance
10
4,000
–
–
–
1,460
108,250
375
2004-2005
MARKET VALUE
53,674
254,214
218,956
254,881
84,243
847,425
157,312
CONTRIBUTIONS
Beverly Harmon Class of 1998
Public Service Loan Assistance
$
Manning Public Service Loan Assistance
Lewis F. Powell, Jr. Legal Services Fellowship
Terrien Public Service Loan Assistance
–
63,274
331,104
1,783,350
2,468,079
–
–
–
16,151
159,131
106,697
–
580,595
99,453
400
1,500
233,368
869,312
313,507
51,368
–
–
28,158
74,780
$
435,394
$ 16,939,702
$
1,100
100
3,025
26,817
4,677
43,510
10,740
Summer Research
General Research Fund
Eastwood D. Herbert Research
Sohio Research Professorship
Miscellaneous
Academic Excellence Challenge
Class of 1969 Health Law, Policy
and Ethics Fellowship
Henry A. Dudley
Carl McFarland
Virginia Journal of International Law
Elizabeth Kemper Wharton
Student Organizations
Ridley Whitaker Legal Forum
TOTAL RESTRICTED
ENDOWMENTS
VII. LAW GROUNDS
Alston & Bird Building
Bradley Arant Rose & White
Buy-a-Brick
Class of 1950 Dining Room
Class of 1967 Alumni Lounge
Class of 1968 Lobby
Class of 1977 Dining Terrace
Clay Hall Building Maintenance
General Capital Improvement
Hogan & Hartson
Hunton & Williams
Jones Day
Kilpatrick Stockton LLP
King & Spalding
Landscaping
Law Alumnae Lobby
Law Grounds General
Law Grounds Technology Challenge
McGuireWoods
Piper & Marbury
Slaughter Hall Building Maintenance
475
1,000
116,995
JUNE 30, 2005
MARKET VALUE
$
–
–
–
500
1,000
160
11,433
500
30,647
3,740
194,306
815
15,000
20,000
450,020
$
1,265
305
2,605
116,443
4,749
44,106
11,740
500,736
33,275
633
1,014
319
15,909
501
8,153
165,776
1,808
15,680
21,726
753,614
2004-2005
CONTRIBUTIONS
Student Faculty Center
Student Faculty Center/
Robert E. Scott Commons
Student Faculty Center/
Sidley Austin Brown & Wood
Student Faculty Center /
Troutman Sanders Terrace
Walks & Trails
White & Case
$
10,000
JUNE 30, 2005
MARKET VALUE
$
48,323
14,847
56,525
14,143
64,671
26,761
12,109
2,024
–
1,000
967,962
$
2,384,723
VIII. CENTER FOR OCEANS LAW AND POLICY
Center for Oceans Law and Policy
$
50
$
7,280,674
$
273,361
3,921
2,070
TOTAL LAW GROUNDS
$
583,835
IX. APPELLATE JUDGES LL.M. PROGRAM
Appellate Judges LL.M. Program
$
7,575
Appellate Judges Scholarship
–
Cameron Award for Arizona Judges
–
X. CENTER FOR NATIONAL SECURITY LAW
Center for National Security Law
$
390,600
Rhodes Academy
18,000
Summer Institute
–
$
XII. MORRIS LOAN FUNDS
Morris Student Loan Notes
Morris Student Loan Fund Investments
$
MARKET VALUE June 30, 2005
199,501
28,529
166,279
TOTAL CONTRIBUTIONS
XI. STUDENT LOAN FUNDS
Student Loan Notes
Student Loan Fund Investments
GRAND TOTAL
$
SUMMARY OF CONTRIBUTIONS
July 1, 2004– June 30, 2005
Unrestricted
Unrestricted Endowment
Restricted
Restricted Endowment
Jefferson Scholars
$
–
950
–
–
8,209,766
$
$
144,821
101,270
177,383
1,428,116
$ 217,320,078
$ 217,320,078
Funds held by the University for the benefit of the Law School total $34 million.The
combined market value of both, as of June 30, 2005, was more than $251 million.
The financial statements of the University of Virginia Law School Foundation for the
fiscal year ending June 30, 2005, have been audited by BDO Seidman, LLP. A copy of
the financial statements can be found at www.law.virginia.edu/alumni. A copy of the
auditors’ report is on file at the Law School Foundation.
SUMMARY OF EXPENDITURES
July 1, 2004 – June 30, 2005
Law Grounds
Faculty
Lectures and Events
Financial Aid
Student Awards and Activities
Library
Graduate Programs
Publications
Alumni Events
Other
Management and General
Fundraising
TOTAL EXPENDITURES
$
3,835,641
41,484
1,931,788
2,395,303
224,169
$
8,428,385
$
49,330
2,302,878
1,507,540
2,051,243
134,649
148,124
76,005
259,254
341,826
34,283
1,054,196
1,499,280
$
9,458,608
11