July 1, 2005 through June 30, 2006 I. UNRESTRICTED FUNDS
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July 1, 2005 through June 30, 2006 2005-2006 CONTRIBUTIONS I. UNRESTRICTED FUNDS Current Use Arnold R. Boyd E. Fontaine Broun Hardy Cross Dillard Dana Drake Ernest L. Folk III General Endowment General Fund Colonel Joseph M. Hartfield Memorial D. Peck Hill J. Wilton Hope Lawrence W. I’Anson Henry C. Little William H.D. Rossiter J. Edward Smith Randall S. Strange Textbook Royalties John William Waltz Leigh D. Williams George A. and Elisabeth Dent Wilson Stephen Clark Woodroe $ Total Unrestricted Funds $ 2,676,792 – – – – – 287,536 – – – – – – – – – – – – – – $ 2,964,328 $ 36,799,769 II. UNRESTRICTED REUNION FUNDS Class of 1956 Class of 1961 Class of 1966 Class of 1971 Class of 1976 Class of 1981 Class of 1991 Class of 1996 Class of 2001 $ Total Unrestricted Reunion Funds $ 6 2005-2006 CONTRIBUTIONS June 30, 2006 MARKET VALUE 81,310 68,777 123,309 93,900 187,616 270,075 54,040 39,580 15,539 $ 934,146 $ 2,007,122 711,358 1,015,374 248,974 636,283 643,745 7,304,493 2,126,188 164,099 268,933 166,922 61,731 766,414 4,378,166 352,701 144,834 652 375,474 629,099 13,720,200 1,077,007 84,314 67,709 121,184 91,400 186,597 269,815 53,940 39,580 17,475 932,014 III. PROFESSORSHIPS John S. Battle $ – Thomas F. Bergin Teaching 175 Albert C. BeVier Research – Barron F. Black Research – Perre Bowen Fund – T. Munford Boyd – Brokaw Professorship in Corporate Law 4,500 Percy Brown, Jr. – Walter L. Brown – The Honorable Albert V. Bryan, Jr. ’50 10,595 Caddell & Chapman Research – Daniel Caplin 1,350 Joseph C. Carter, Jr. Research 3,135 Nicholas E. Chimicles Research in Business Law & Regulation – Class of 1941 Research – Class of 1948 Scholarly Research 872 Class of 1957 Research 29,037 Class of 1962 – Class of 1963 Research 1,750 Class of 1966 Research – Edwin S. Cohen Distinguished in Law and Taxation – Hardy Cross Dillard / Class of 1969 – Armistead M. Dobie – Henry L. and Grace Doherty Charitable Foundation – John A. Ewald, Jr. Distinguished – Horace W. Goldsmith Research 700,000 Charles O. Gregory 100 David A. Harrison III Faculty Development Fund – David & Mary Harrison Distinguished – Joseph M. Hartfield Memorial (by Watson Foundation) – Michael J. and Jane R. Horvitz Distinguished 100,000 Edward F. Howrey Research – June 30, 2006 MARKET VALUE $ 275,168 653,433 370,570 517,011 2,371,820 689,440 1,049,069 407,188 682,202 282,849 375,375 481,589 683,159 517,567 423,338 544,676 972,738 1,280,694 697,729 667,596 1,366,218 534,948 232,768 463,724 1,691,682 2,974,097 721,951 3,294,531 50,597,927 346,630 1,052,117 648,297 T H E A M E R I C A N I D E A L I N L E G A L E D U C AT I O N 2005-2006 CONTRIBUTIONS 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 James Madison Distinguished 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 Roy L. & Rosamond Woodruff Morgan William L. Matheson and Robert M. Morgenthau Distinguished 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 Howard W. Smith Emerson G. Spies John C. Stennis Sullivan & Cromwell Research Albert C. Tate, Jr. O. M. Vicars Warner-Booker Distinguished F. Palmer Weber Research in Civil Liberties and Human Rights Joseph Weintraub – Bank of America Distinguished Total Professorships $ – 27,050 – – 82,500 5,000 97,000 – 107,474 – – 867 – – – June 30, 2006 MARKET VALUE $ 562,811 690,151 645,959 14,991 839,726 938,306 521,583 2,440,652 1,020,965 2,046,559 479,021 648,311 2,443,582 2,467,003 415,210 2,001,480 1,600,000 20,226 – 100 250 – – 17,063 10,000 – – 125,090 – – 750 – – 3,312,843 3,572,935 829,742 1,345,270 510,577 277,421 474 1,060,157 2,185,661 1,410,041 542,602 13,825 1,174,493 65,935 872,728 1,011,711 641,947 1,427,539 – 422,666 100,000 1,364,269 5,046,364 $ 116,085,767 IV. SCHOLARSHIPS NON-ENDOWED SCHOLARSHIPS Alcoa Law Fellowship Richard F. Barry III Millard Cass Courts & Commerce Dillard Summer Intern Program Dillard University Fellowship $ 3,000 – 100 5,000 – – $ 3,037 7,406 3,281 93 35,246 156 2005-2006 CONTRIBUTIONS Oliver W. Hill Hunton & Williams Jackson Walker L.L.P. Jenner and Block Monroe Leigh ASIL Fellowship A. Stewart Kerr Scott R. Owens Memorial Reserve School of Law General Richard Silver Society of the Cincinnati Whitehead Memorial Womble Carlyle $ 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 The Honorable Albert V. Bryan, Sr. ’21 Memorial 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 1960 Dean’s Class of 1962 Albert R. Turnbull Class of 1964 Class of 1965 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 June 30, 2006 MARKET VALUE 32,047 3,000 3,500 5,000 2,500 1,500 – 55,388 10,000 35,000 1,000 8,000 $ 1,729 3,212 – – 107,312 1,550 52,338 217,126 10,000 – 2,109 1 500 – – – 550 – 950 15,500 $ 1,657 55,520 183,672 153,183 190,772 351,876 11,046 292,896 22,751 13,230 – – – – – 100 450 3,067 150 – 57,646 7,513 – 96,926 – 56,105 – 27,500 8,450 500 1,775 – 1,000 28,442 28,657 107,208 151,738 78,616 150,623 221,534 244,293 464,412 74,193 142,204 1,397,062 302,256 283,368 151,623 533,023 147,168 102,640 49,827 449,458 244,896 256,526 762,499 220,991 189,567 150,140 99,085 450,222 335,530 7 Statement of Accounts continued 2005-2006 CONTRIBUTIONS Class of 1985 $ Class of 1986 Richard G. Clemens Duncan McRae Cocke Carl H.Cofer, Jr. Dean’s Edwin S. Cohen Howard H. Conaway Joe Creason William H. Cutlip John M. Dial ’36 Hardy Cross Dillard Scholarships Class of 1938 Dillard Class of 1951 Dillard Class of 1958 Dillard Class of 1960 Dillard Class of 1965 Memorial Dillard Dillard General J. William Lewis Dillard Allen F. Maulsby Dillard Scott R. Owens Dillard George Terrien Dillard Blanche Dodds Kovarik Henry A. Dudley Jessie Ball duPont Kenneth H. Ekin Memorial Engel Fund Virginia Dale Eschenburg 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 8 107,862 215,230 20,000 – 306,947 106,200 – – – – – – 4,500 50,000 – 3,263 – 1,074,389 20,885 – – 35,000 – 420,181 30,000 7,500 – – – – – 5,000 1,038 – – – – 10,217 1,950 – 29,262 – 189,993 – 20,000 – – 1,500 900 June 30, 2006 MARKET VALUE $ 227,426 215,209 173,690 802,096 300,871 102,364 34,995 130,565 309,610 54,079 643,401 226,517 332,541 875,688 178,562 579,912 1,237,311 1,692,602 645,315 2,394,699 942,686 656,252 150,787 411,059 744,288 37,622 53,706 462,824 607,269 134,848 144,254 120,558 98,236 183,398 158,959 613,061 779,647 472,046 202,199 145,908 531,410 324,751 459,154 30,290 100,323 180,054 259,396 187,049 133,624 2005-2006 CONTRIBUTIONS New England James Madison $ James L. and Lettie Lane North Oder Family Pacific Northwest Students 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 Swager Sherley & Andrew O. Young James A. Tregarthen Memorial Marsha and J. Rainer Twiford 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 $ 2,750 5,000 40,000 27,500 – – 6,500 – – 250 2,530 7,500 5,000 1,000 – 500,000 – – – 10,000 10,000 6,600 – 100,000 – 1,000 11,073 100 25,726 – 3,961,143 June 30, 2006 MARKET VALUE $ 190,292 365,608 172,752 28,994 155,198 113,994 220,566 171,299 277,106 66,946 161,937 249,004 506,127 155,888 382,751 1,603,032 316,878 26,448 135,879 117,244 402,245 499,706 130,732 107,416 402,097 1,515,000 280,323 22,091 51,590 744,899 $ 39,503,073 T H E A M E R I C A N I D E A L I N L E G A L E D U C AT I O N 2005-2006 CONTRIBUTIONS June 30, 2006 MARKET VALUE 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 Orrick International Law Fellowship Peer Advisors Principles and Practice Program Public Service Conference Mary C. and Roy H. Ritter Prize 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 $ Sewell Biggs Lectureship Peter Bronstein Negotiation Skills Institute Class of 1972 Memorial 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 William B. Fryer Restricted Graduate Law Students Peter Graff ’96 Memorial Milton & Miriam Handler Foundation Naomi Hendershot ’01 Memorial Human Rights Program Interdisciplinary Professional Values Seminar John C. Jeffries, Jr. Restricted Robert Wood Johnson Public Health Law 27,675 – $ 150,585 989 5,000 – 31,682 25 250 4,180 40,000 7,700 100 1,150 12,000 – 13,698 1,785 1,085 3,229 75 $ 1,570 951 425,087 6,548 505 525 40,000 7,374 84,521 754 22,742 23,450 31,592 11,660 18,723 8,762 2,619 – $ 10,544 – – 11,079 19,400 – – – 1,500 – – – 29,308 525 2,000 – 150 – 7,000 63,108 – $ 1,154 776,108 27,108 19,400 6,960 414 4,765 3,688 687,696 2,021,976 15,092 30,900 681 16,028 1,459 4,711 39 1,908 143,428 8,811 2005-2006 CONTRIBUTIONS Kilpatrick Stockton Project Law and Business Program Law and Technology Program Law Library General David and Noreen Mulliken Restricted John M. Olin Program in Law and Economics W. Sydnor Settle Restricted Special Temporary Accounts Student Funded Fellowship Sunshine Lady Foundation 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 Lester E. Zittrain Lectureship $ Total Restricted Funds $ 7,550 172,200 11,237 755 100,000 June 30, 2006 MARKET VALUE $ 12,617 841,750 328,745 53,751 185,995 280,000 – 26,406 41,297 10,000 – – 166,002 164,997 413,973 44,346 9,550 367,115 408,223 – 1,675 2,000 215 – 1,000 47,665 42,913 935,824 VI. UNRESTRICTED ENDOWMENTS $ 7,711,684 28,388 242,311 897,834 5,147,456 99,890 1,116,814 1,618,987 2,132,911 3,113,817 80,467 884,210 315,433 242,874 95,678 15,908 38,044 Andrew D. Christian Class of 1929 Class of 1961 Lammot duPont Copeland Richard N. Crockett Doherty Foundation Doherty-Lassen Memorial Henry L. Doherty Memorial Joseph M. Hartfield Judge Robert E. Hayes Wallace Howland Ernest E. Monrad Donald Richberg H.C. Kinsey Spotswood Albert R. Turnbull Royall Victor Memorial $ – – 1,100 – – – – – – 80,467 – – – – – – $ Total Unrestricted Endowments $ 81,567 $ 16,071,022 VII. RESTRICTED ENDOWMENTS AWARDS Mortimer Caplin Public Service Award Edwin S. Cohen Tax Award Carl M. Franklin Prize Robert E. Goldsten ’40 Award $ – – – – $ 58,559 35,051 34,856 134,552 9 Statement of Accounts continued 2005-2006 CONTRIBUTIONS Eppa Hunton Book Award $ Margaret G. Hyde Award John S. Kingdon Moot Court Prize Herbert L. Kramer and Herbert K. Bangel 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 SEMINARS IN ETHICAL VALUES Benjamin F. Borden ’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 John D. Cole III ’63 Lectureship in Communications and Media Law Edward S. Hirschler Lectureship P. Browning Hoffman 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 $ LIBRARY Caplin Tax Collection $ Dorothea Lane Cutts H.C. Dillard International Law Collection Endow-A-Book Farmer Memorial Charles D. Fox, Jr. Memorial Book Preston Fox 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 10 June 30, 2006 MARKET VALUE – – – – 10,000 – – – – – $ – 100 $ – – – – 200 – 1,000 21,100 – 1,100 11,000 – – 163,200 184,140 164,140 173,624 198,158 150,123 $ 31,250 – – – – – 4,770 5,000 – – 700 – – – 2,529 – 3,984 65,327 123,020 182,536 129,544 69,554 150,912 38,378 11,877 119,634 10,307 198,237 172,544 41,637 226,081 316,086 268,244 34,990 858,882 67,396 $ 353,440 138,250 36,841 8,404 508,555 212,652 5,017 198,343 16,158 181,841 1,677,127 25,325 61,353 22,316 287,931 2005-2006 CONTRIBUTIONS 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 Beverly Harmon Class of 1998 Public Service Loan Assistance Manning Public Service Loan Assistance O’Connell Public Interest Law Association Lewis F. Powell, Jr. Legal Services Fellowship Terrien Public Service Loan Assistance SUMMER RESEARCH Perre Bowen General Research Fund Eastwood D. Herbert Research Sohio Research Professorship $ – – – – 150 202,500 200 VIII. 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 Building Maintenance Hogan & Hartson Hunton & Williams Kilpatrick Stockton LLP $ 265 1,000 20,000 27,526 – – – – – MISCELLANEOUS Academic Excellence Challenge $ – Class of 1969 Health Law, Policy and Ethics Fellowship 83,854 Henry A. Dudley 500 Rex E. Lee Law Society 55 Carl McFarland – 1,360 Virginia Journal of International Law Virginia Law Review 25 Elizabeth Kemper Wharton Student Organizations – Ridley Whitaker Legal Forum – Total Restricted Endowments June 30, 2006 MARKET VALUE $ 426,184 $ 150 100 1,065 30,612 – 37,836 4,835 – – 175 1,000 10,683 410,044 276,377 238,045 277,105 91,308 1,148,428 171,229 68,645 361,016 32,309 1,952,672 2,682,794 $ 1,840,994 17,152 173,181 116,439 $ 611,979 343,275 953,542 60 340,532 57,355 204 30,812 80,883 $ 20,395,506 $ 150 100 1,978 146,568 4,749 37,836 4,835 563,135 21,323 175 2,014 10,725 T H E A M E R I C A N I D E A L I N L E G A L E D U C AT I O N 2005-2006 CONTRIBUTIONS King & Spalding Landscaping Law Alumnae Lobby Law Grounds General Law Grounds Technology Challenge Piper & Marbury Slaughter Hall Building Maintenance Student Faculty Center Student Faculty Center/ Robert E. Scott Commons Student Faculty Center / Sidley Austin LLP Student Faculty Center/ Troutman Sanders Terrace Walks & Trails White & Case $ Total Law Grounds $ June 30, 2006 MARKET VALUE 500 – 4,400 13,575 250 250 50,020 $ 23,347 29,872 29,870 60,187 – 1,000 58,418 12,109 1,000 269,010 $ 1,855,814 $ 7,857,145 $ 197,139 3,921 2,070 350,800 56,075 75,000 $ 154,199 33,329 222,061 – 1,200 – – $ – X. APPELLATE JUDGES LL.M. PROGRAM Appellate Judges LL.M. Program Appellate Judges Scholarship Cameron Award for Arizona Judges $ 2,950 – – XI. CENTER FOR NATIONAL SECURITY LAW Center for National Security Law Rhodes Academy Summer Institute XII. STUDENT LOAN FUNDS $ 500 30,647 4,399 847 250 247 900,592 22,500 IX. CENTER FOR OCEANS LAW AND POLICY Center for Oceans Law and Policy $ Student Loan Notes Student Loan Fund Investments Morris Student Loan Notes Morris Student Loan Fund Investments $ GRAND TOTAL $ 15,104,591 122,871 134,090 112,820 1,552,234 $ 249,746,531 Funds held by the University for the benefit of the Law School total $37 million. The combined market value of both, as of June 30, 2006, was more than $286 million. The financial statements of the University of Virginia Law School Foundation for the fiscal year ending June 30, 2006, 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 accountant’s report is on file at the Law School Foundation. SUMMARY OF CONTRIBUTIONS Unrestricted Unrestricted Endowment Restricted Restricted Endowment Jefferson Scholars TOTAL CONTRIBUTIONS SUMMARY OF EXPENDITURES 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 July 1, 2005–June 30, 2006 $ 4,192,692 450,413 1,683,037 8,778,449 102,550 $ 15,207,141 July 1, 2005 – June 30, 2006 $ 71,261 2,594,841 1,289,783 2,196,734 158,722 121,825 85,718 270,950 333,648 36,696 1,593,512 1,656,772 $ 10,410,462 11
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