Statement of Accounts I. Unrestricted Funds

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6
University of Virg inia S cho ol of L aw
Statement
of Accounts
July 1, 2006 through June 30, 2007
2006-2007
CONTRIBUTIONS
June 30, 2007
MARKET VALUE
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
TOTAL UNRESTRICTED REUNION FUNDS
June 30, 2007
MARKET VALUE
III. Professorships
$ 3,412,489
–
–
–
–
200
210,020
25,040
–
–
–
–
–
–
–
–
–
–
–
–
–
$
3,581,792
867,860
1,238,777
303,754
776,278
143,945
9,199,414
3,186,640
200,204
328,103
203,641
75,314
935,007
5,341,453
430,303
176,694
819
458,086
767,513
16,738,463
1,313,971
$ 3,647,749
$ 46,268,031
II. Unrestricted Reunion Funds
Class of 1962
Class of 1987
Class of 1992
Class of 1997
Class of 2002
2006-2007
CONTRIBUTIONS
$
120,234
104,231
44,233
28,492
19,458
$
120,009
113,220
44,300
28,427
19,378
$
316,648
$
325,334
John S. Battle
Thomas F. Bergin Teaching
Albert C. BeVier Research
Barron F. Black Research
Perre Bowen Fund
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 Research
Class of 1962
Class of 1963 Research
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
Charles O. Gregory
David A. Harrison III Faculty Development Fund
David and Mary Harrison Distinguished
Joseph M. Hartfield Memorial (by Watson Foundation)
Michael J. and Jane R. Horvitz Distinguished
$
–
500
–
–
–
–
–
–
–
10,400
–
–
3,976
–
–
–
247,592
–
1,750
–
–
100
–
–
–
–
500
1,821,257
–
–
100,000
$
325,246
772,732
451,974
611,073
2,893,296
815,004
1,240,056
481,338
806,766
355,585
443,699
569,557
811,968
631,368
500,353
643,674
1,398,965
1,514,703
826,482
791,656
1,616,840
632,603
275,105
548,777
1,997,583
3,547,232
854,030
5,848,939
59,853,900
409,693
1,384,638
Annu a l Rep or t 2006 – 2007
2006-2007
CONTRIBUTIONS
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
James Madison Distinguished
Justice Thurgood Marshall Distinguished
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
–
–
65,600
–
–
63,850
48,875
1,500
–
39,929
–
–
1,507
–
–
–
June 30, 2007
MARKET VALUE
$
766,178
665,163
885,912
763,421
18,328
1,059,024
1,158,707
619,296
2,885,772
1,252,701
2,419,767
566,527
768,643
2,888,702
2,918,579
490,642
–
25,000
7,142
–
200
250
–
–
112,425
10,000
2,500
–
103,872
–
–
1,000
–
–
–
–
3,924,515
4,390,781
988,175
1,590,632
603,557
328,586
578
1,254,542
2,713,220
1,678,264
643,723
16,866
1,504,527
78,025
1,031,676
1,196,880
759,035
1,687,732
499,495
1,614,975
$ 2,669,725
$ 140,487,981
$
$
IV. Scholarships
NON-ENDOWED SCHOLARSHIPS
Alcoa Law Fellowship
Richard F. Barry III
Millard Cass
Courts & Commerce
Dillard Summer Intern Program
Dillard University Fellowship
Oliver W. Hill
Hunton & Williams
Jackson Walker L.L.P.
5,000
–
–
5,000
–
–
30,900
3,000
–
3,037
5,906
3,281
93
35,246
156
1,929
3,212
3,500
2006-2007
CONTRIBUTIONS
A. Stewart Kerr
Monroe Leigh ASIL Fellowship
James A. Newell
Scott R. Owens Memorial Reserve
James M. Rinaca ’76 Memorial
School of Law General
Richard Silver
Whitehead Memorial
Womble Carlyle
ENDOWED SCHOLARSHIPS
Kent E. Agness
Hawthorne D. Battle
Candace K. and Frederick W. Beinecke
Juliet R. Belknap / McAlister Marshall
Robert K. Bellamy
Senator Leroy Bendheim
Black Law Alumni
Franklin O. Blechman
Brandt-Lee
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 1967 Earl C. Dudley, Jr.
Class of 1968 Robert F. Kennedy Memorial
Class of 1970
Class of 1972 Memorial
Class of 1975 James Madison
Class of 1976
Class of 1976 Lawrence T. MacNamara
Class of 1977
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
Class of 1986
Richard G. Clemens
June 30, 2007
MARKET VALUE
$
–
2,500
1,500
–
29,450
34,222
10,000
1,000
8,000
$
50
122,900
1,500
52,338
29,525
197,223
10,000
2,109
1
$
900
–
–
–
9,735
–
1,405
2,000
20,000
29,978
8,400
–
–
–
–
–
–
1,200
500
–
–
56,762
35,197
–
154,139
–
39,150
117,997
–
25,000
1,550
138,372
–
1,500
–
129,855
14,075
11,799
77,129
112,143
2,500
$
2,946
66,119
217,132
180,970
236,406
415,309
14,948
348,111
23,112
160,761
189,084
92,794
178,389
261,242
288,146
547,660
87,828
169,348
1,648,305
357,541
334,204
242,880
665,643
173,632
148,631
59,175
575,290
137,034
289,094
331,794
901,933
126,225
260,689
225,440
177,259
242,586
547,152
409,475
349,446
363,794
208,194
7
8
University of Virg inia S cho ol of L aw
2006-2007
CONTRIBUTIONS
June 30, 2007
MARKET VALUE
Endowed Scholarships —continued
Duncan McRae Cocke
Carl H.Cofer, Jr. Dean’s
Edwin S. Cohen
Howard H. Conaway
Joe Creason
William H. Cutlip
John M. Dial ’36
William K. Diehl, Jr.
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
James C. Slaughter 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
Hunton & Williams Gordon F. Rainey Jr.
Henry C. and Margaret Ikenberry, Jr.
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
$
–
–
100
–
–
–
–
25,000
–
–
872
50,000
100,634
938
–
–
23,009
750,000
–
–
5,000
–
128,275
26,250
23,000
1,000
–
–
–
–
5,000
1,084
–
–
–
–
13,036
2,456
–
157,943
100,000
19,700
–
249,880
–
20,000
–
–
–
200
$
945,869
368,301
125,427
41,619
154,022
367,022
63,827
25,000
773,586
276,279
406,494
1,123,977
441,342
708,464
1,509,116
2,003,944
762,832
750,000
2,824,819
1,112,440
781,152
178,047
647,335
907,745
71,415
64,737
545,829
716,138
159,688
170,183
149,123
117,676
222,436
187,479
722,989
919,452
572,029
241,319
172,635
175,148
100,000
649,974
382,972
838,362
35,879
141,511
212,477
306,354
220,688
157,872
2006-2007
CONTRIBUTIONS
New England James Madison
Alice Michiko Noll 2004 Memorial
James L. and Lettie Lane North
Oder Family
Pacific Northwest Students
Frank Brockenbrough Preston, Jr.
Ernest Sydney Quick
Mary Quinn
Rappold Family
Charles A. Read
F.D.G. Ribble
Mary C. and Roy H. Ritter
Sue Robinson Rodriquez
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
Robert G. Zack
TOTAL SCHOLARSHIPS
$
3,200
100,610
5,000
20,000
8,850
161,963
–
–
120,000
7,000
–
293,000
10,000
–
500
2,550
20,000
25,000
1,000
–
–
–
–
–
–
10,000
–
–
–
3,000
–
26,034
600
28,670
–
102,500
June 30, 2007
MARKET VALUE
$
228,117
108,884
436,314
225,565
45,228
187,115
184,056
134,772
136,325
268,846
202,000
304,200
10,910
326,782
80,037
194,492
316,325
624,858
185,430
451,365
1,906,501
374,240
31,298
160,954
151,485
486,351
589,247
155,206
128,128
477,223
1,786,590
360,133
27,061
95,509
878,670
111,690
$ 3,778,212
$ 50,649,158
$
8,579
$
109,085
$
4,800
–
25,880
1,925
425
988
–
$
1,570
951
420,564
6,973
425
988
2,600
V. Restricted Funds
DEAN’S FUNDS
Hardy Cross Dillard
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
Fulbright Best Memo Award
Annu a l Rep or t 2006 – 2007
2006-2007
CONTRIBUTIONS
Law and Grad Republicans
Law Mock Trial Association
Orrick International Law Fellowship
Peer Advisors
Principles and Practice Program
Public Service Student Funded Fellowship
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 1957 South Africa Human Rights
Edwin S. Cohen Fund
Constitutional Law
Richard D. Donchian Public Interest law
Jessie Ball duPont Fund
Environmental Law Clinical Programs
Ethical Values Seminar
Faculty Reserve
Ernest L. Folk III Handicapped Access
John Fowler ’55 Art Project
William B. Fryer Restricted
Graduate Law Students
Peter Graff ’96 Memorial
Naomi Hendershot ’01 Memorial
Human Rights Program
Interdisciplinary Professional Values Seminar
John C. Jeffries, Jr. Restricted
Kilpatrick Stockton Project
Law & Business Program
Law and Technology Program
Law Library General
David and Noreen Mulliken Restricted
Christopher J. Murphy, III
John M. Olin Program in Law and Economics
W. Sydnor Settle Restricted
Special Temporary Accounts
Sunshine Lady Foundation
Transactional Teaching
Trustees’ Academic Initiative
$
June 30, 2007
MARKET VALUE
35
25
40,000
538
300
94,399
975
16,000
–
19,186
845
1,105
382,916
725
$
35
25
40,000
4,479
84,821
156,165
1,529
26,542
23,450
37,175
12,505
19,878
402,257
3,344
$
–
$
13,544
$
–
–
11,000
35,218
–
–
50,000
–
1,500
–
–
–
21,314
50,000
100
100
–
–
53,250
84,489
14,567
41,200
15,774
545
100,000
9,550
265,000
–
62,493
–
–
–
$
1,154
946,822
28,108
20,211
6,960
414
50,000
55,000
5,188
571,780
2,491,216
15,092
54,268
94,250
100
16,128
4,711
39
55,158
270,918
27,233
873,744
335,323
44,296
338,547
10,069
160,439
201,575
123,526
6,850
367,115
408,223
2006-2007
CONTRIBUTIONS
Virginia Tax Study Group
$
Sadie Lewis Webb Visiting Scholar in Law & Biomedicine
Lester E. Zittrain Lectureship
TOTAL RESTRICTED FUNDS
June 30, 2007
MARKET VALUE
600
1,000
1,000
$
815
48,329
43,913
$ 1,475,946
$
8,988,819
$
–
–
36,516
–
–
–
–
–
–
230,447
–
–
–
–
100
–
$
34,634
295,624
1,133,661
6,280,003
121,868
1,362,536
1,975,198
2,602,195
3,798,923
378,770
1,078,755
384,819
296,312
116,729
19,506
46,414
$
267,063
$ 19,925,947
VI. Unrestricted Endowments
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
TOTAL UNRESTRICTED ENDOWMENTS
9
10
University of Virg inia S cho ol of L aw
2006-2007
CONTRIBUTIONS
June 30, 2007
MARKET VALUE
VII. 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
Herbert L. Kramer and Herbert K. Bangel Prize
Carl McFarland
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 Madeleine 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
$
$
–
–
–
–
–
–
–
–
–
10,000
–
–
–
–
–
$
–
–
–
–
–
–
$
1,200
–
1,000
17,750
–
–
11,000
–
–
31,250
$
–
–
–
400
–
–
50,000
–
–
600
$
69,422
41,442
41,337
163,126
4,750
77,668
145,898
215,392
415,381
163,247
82,215
178,879
45,805
13,966
145,425
199,107
224,654
200,252
211,824
241,755
183,152
13,830
241,824
204,305
70,139
267,172
385,611
338,500
42,685
1,042,676
113,695
416,964
164,016
43,715
10,670
606,551
251,397
61,897
234,449
19,145
215,584
2006-2007
CONTRIBUTIONS
NEH Challenge Grant
John Ritchie
Charles J. Sheppe Memorial
Judge John Charles Watrous
William H. White, Jr. Memorial
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
Cowan Human Rights Study Project
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
Ford C. O’Connell Public Service Fellowship
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
MISCELLANEOUS
Academic Excellence Challenge
Class of 1969 Health Law, Policy and Ethics Fellowship
Henry A. Dudley
Rex E. Lee Law Society
Virginia Journal of International Law
Virginia Law Review
Elizabeth Kemper Wharton Student Organizations
Ridley Whitaker Legal Forum
TOTAL RESTRICTED ENDOWMENTS
June 30, 2007
MARKET VALUE
$
–
–
–
500
–
$
1,978,258
29,943
72,549
27,071
339,454
$
200,000
–
–
–
350
40,273
250,000
205
$
710,626
325,600
280,440
326,457
107,962
40,539
1,645,400
201,941
65
1,000
20,000
62,850
–
80,975
426,363
61,731
2,337,801
3,160,575
$
–
–
–
–
$
2,173,332
19,548
204,880
137,586
$
–
64,652
–
188
2,506
385
–
–
$
736,679
481,509
1,127,628
273
70,200
666
36,493
95,105
$
766,174
$ 25,047,106
Annu a l Rep or t 2006 – 2007
2006-2007
CONTRIBUTIONS
June 30, 2007
MARKET VALUE
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
Clay Hall Building Maintenance
General Building Maintenance
Jones Day
Kilpatrick Stockton LLP
King & Spalding
Landscaping
Law Alumnae Lobby
Law Grounds General
Law Grounds Technology Challenge
Piper & Marbury
Slaughter Hall Building Maintenance
Emerson Spies Garden
Student Faculty Center
Student Faculty Center / Sidley Austin LLP
Student Faculty Center / Troutman Sanders Terrace
Walks & Trails
White & Case
TOTAL LAW GROUNDS
$
200
100
1,200
32,171
–
750
–
–
1,000
1,750
500
–
2,950
258,241
600
10,600
80
400
–
1,778
1,498
–
1,000
$
354,818
$
200
100
3,161
50,656
4,749
750
687,017
14,117
1,000
1,750
500
30,647
2,950
22,611
600
10,600
1,099,738
400
–
1,778
39,384
12,109
1,000
1,985,817
IX. Center for Oceans Law and Policy
Center for Oceans Law and Policy
$
–
$
9,184,374
400
–
–
$
120,558
3,921
2,070
X. Appellate Judges LL.M. Program
Appellate Judges LL.M. Program
Appellate Judges Scholarship
Cameron Award for Arizona Judges
$
XI. Center for National Security Law
Center for National Security Law
Rhodes Academy
Summer Institute
GRAND TOTAL
Summary of Contributions
July 1, 2006– June 30, 2007
Unrestricted
Unrestricted Endowment
Restricted
Restricted Endowment
Total Contributions
400,750
62,000
75,000
$
267,205
51,509
165,348
$
–
750
–
–
$
107,990
146,840
65,405
1,738,364
$13,815,235 $305,531,777
$
4,494,780
480,970
4,611,515
4,227,970
$ 13,815,235
Summary of Expenditures
July 1, 2006– June 30, 2007
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
$
XII. Student Loan Funds
Student Loan Notes
Student Loan Fund Investments
Morris Student Loan Notes
Morris Student Loan Fund Investments
Funds held by the University for the benefit of the Law School exceed
$44 million.The combined market value of both, as of June 30, 2007, was
more than $350 million.
The financial statements of the University of Virginia Law School
Foundation for the fiscal year ending June 30, 2007 have been audited by
BDO Seidman, LLP. A copy of the accountant’s report is on file at the Law
School Foundation.
$
545,876
4,591,480
1,543,585
2,322,870
163,001
160,942
79,456
290,133
465,713
14,793
1,681,027
1,906,892
$ 13,765,768
11
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