Statement of Accounts 2008-2009 June 30, 2009 Contributions Market Value I. Unrestricted Funds Total Unrestricted Funds $ 2,533,893 – – – – 500 – 100,725 – – – – – – – – – – – – – – $ 3,275,033 644,330 919,781 225,535 576,378 1,962 2,461,915 7,205,943 2,402,345 148,650 243,613 151,170 55,920 694,088 3,965,985 319,495 131,167 1,128 340,124 569,873 12,426,197 975,612 $ 2,635,118 $ 37,736,244 II. Unrestricted Reunion Funds Class of 1959 Class of 1964 Class of 1969 Class of 1974 Class of 1989 Class of 1994 Class of 1999 Class of 2004 Total Unrestricted Reunion Funds University of Virginia School of Law June 30, 2009 Market Value III. Professorships July 1, 2008 through June 30, 2009 Current Use Arnold R. Boyd E. Fontaine Broun Hardy Cross Dillard Dana Drake Ernest L. Folk III General Academic Programs 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 2008-2009 Contributions $ 35,106 64,766 59,765 114,994 81,233 29,515 24,209 13,441 $ 37,706 59,789 59,669 104,945 80,712 29,484 24,109 13,441 $ 423,028 $ 409,853 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 in Honor of Graham C. Lilly & Peter W. Low 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 Edward F. Howrey Research Hunton & Williams Research David H. Ibbeken ’71 Research John C. Jeffries, Jr. Distinguished 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. – 500 – – – 100 250 – – 10,500 – – 1,575 $ 239,415 569,642 333,021 449,740 2,133,705 600,115 913,934 354,388 594,157 297,308 326,580 419,566 612,128 – – 1,286 29,650 – 465,576 368,290 492,032 1,126,239 1,115,498 36,550 21,810 739,460 583,479 500 750,000 – 1,192,509 1,215,631 202,485 – – – 350 404,379 1,464,238 2,633,119 629,353 – – 261,007 47,653,510 – 150,000 – – 21,550 587,247 – 75,000 55,000 40,000 1,000 – 20,280 – 301,589 1,347,687 563,864 489,529 693,050 1,593,731 561,786 262,553 870,246 932,632 460,286 2,124,240 1,058,482 1,781,592 2008-2009 June 30, 2009 2008-2009 June 30, 2009 Contributions Market Value Contributions Market Value 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 20,000 Joel B. Piassick Research 1,010,000 William S. Potter 5,138 Lewis F. Powell, Jr. – John V. Ray Research 200 F. D. G. Ribble – Harrison Robertson Research 200 S.E.S.–General (Eminent Scholar) – Robert E. Scott Distinguished 520 John S. Shannon Distinguished 10,000 Earle K. Shawe in Employment Law 80,000 Howard W. Smith – Emerson G. Spies Distinguished 32,084 John C. Stennis – Sullivan & Cromwell Research 5,000 Albert C. Tate, Jr. 1,000 O. M. Vicars – Warner–Booker Distinguished – F. Palmer Weber Research in Civil Liberties and Human Rights – Joseph Weintraub – Bank of America Distinguished 250,000 Total Professorships $ 3,217,290 $ 417,264 581,912 2,126,653 2,149,887 361,049 2,912,932 3,318,831 831,767 740,559 1,171,327 442,960 242,191 714 924,491 2,018,967 1,254,677 554,582 12,445 1,974,117 57,474 765,077 886,281 558,925 1,242,545 367,588 1,654,381 $109,001,370 IV. Scholarships Non-Endowed Scholarships Alcoa Law Fellowship $ Richard F. Barry III Millard Cass Courts & Commerce The Crane Fund for Widows and Children Dillard Summer Intern Program Dillard University Fellowship Oliver W. Hill Hunton & Williams Jackson Walker L.L.P. A. Stewart Kerr Monroe Leigh ASIL Fellowship The Valerie D. Lewis Fund James A. Newell Oder Family Scott R. Owens Memorial Reserve 5,000 – – 5,000 10,000 – – – 3,000 3,500 1,500 3,500 501 – 15,000 – $ 3,037 2,906 3,281 93 15,000 35,246 156 1,929 6,212 2,500 50 84,737 501 3,000 30,000 52,338 A. Stuart Robertson, Jr. School of Law General Richard Silver South Africa LLM Charles Whitebread Memorial Whitehead Memorial Womble Carlyle $ – 50,929 10,000 36,986 14,820 1,000 8,000 $ 36,526 229,189 – – 14,820 2,109 – Kent E. Agness $ Hawthorne D. Battle Candace K. and Frederick W. Beinecke Juliet R. Belknap / McAlister Marshall Robert K. Bellamy Senator Leroy Bendheim Franklin O. Blechma 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 Duncan McRae Cocke 1,200 – – – 1,400 – 3,000 20,000 $ 4,535 48,581 215,337 132,951 179,434 306,097 261,748 54,457 Endowed Scholarships 17,934 8,700 – – – – – – 1,200 500 – 600 46,712 21,405 – 31,560 – 32,395 50,159 – 1,000 1,750 1,000 – 139,047 45,373 57,650 84,201 82,997 54,346 49,965 2,500 – 151,500 158,750 68,166 131,086 191,892 211,657 402,275 64,936 127,570 1,216,775 287,421 246,117 294,717 516,239 127,543 206,668 43,491 490,793 202,533 212,359 267,037 668,942 202,382 192,025 309,335 178,558 305,431 677,585 394,861 372,882 392,118 157,987 694,760 – Annual Report Endowed Scholarships —continued 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 Robert E. Goldsten 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. Martha L. & Bruce A. Karsh King & Spalding Rodger W. Klein Law Alumnae Margaret Love Herman Lubschutz Ronald L. Marmer Wallace M. McClure Graduate Fellowship University of Virginia School of Law 2008-2009 June 30, 2009 2008-2009 June 30, 2009 Contributions Market Value Contributions Market Value $ – 500 – – – – 25,000 – – 1,000 50,000 53,583 2,750 – – 18,547 – – – 22,500 – – 18,000 22,500 – – – – – 5,000 119,340 1,300 – – – – 4,001 1,700 – 90,636 – 200,000 19,720 – 154,888 – 600,000 20,000 – $ 277,842 95,158 30,591 113,558 269,828 46,888 46,011 568,259 202,493 320,630 951,205 460,459 524,325 1,107,587 1,499,428 591,572 574,853 2,135,916 817,153 607,806 130,798 489,059 709,816 93,085 47,608 401,959 527,344 117,317 125,372 120,587 108,406 88,663 179,020 138,073 531,059 677,084 430,407 180,624 126,826 299,380 76,647 365,554 512,666 281,307 1,107,954 26,364 644,389 142,649 157,649 Hugh D. McCormick $ Connie and Andrew McElwee McGuireWoods Armistead L. Boothe / McGuireWoods New England James Madison Alice Michiko Noll 2004 Memorial James L. and Lettie Lane North Oder Family Pacific Northwest Students Tim Palmer ’83 Sidney F. Parham, Jr Frank Brockenbrough Preston, Jr. Ernest Sydney Quick Mary Quinn Rappold Family Charles A. Read F. D. G. Ribble James M. Rinaca 1976 Memorial Mary C. and Roy H. Ritter A. Stuart Robertson, Jr. Sue Robinson Rodriguez Robert J. Rogers James R. Roney, Jr. Mitchell and Laurie Rubenstein Philip T. Ruegger III William Pendleton Sandridge Joyce and Norman A. Scher David L. Schwartz Memorial Collins J. Seitz Fred Seliger Richard E. Shands Gail S. and Richard D. Siegal Paul A. Simon Memorial James C. Slaughter Hiram H. Spicer III Catherine Spurzem Memorial Kilpatrick Stockton 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 $ – 5,000 – 300 – 260 10,000 15,000 8,700 – – – – – 20,000 5,000 – 63,915 200 – 10,000 100 6,500 – 30,000 1,000 5,000 5,000 3,000 500,000 – 100,000 1,000 – – – 14,350 10,000 – – – – – 200 – 20,550 – 100,000 3,291,369 $ 225,075 15,371 160,111 120,990 167,942 83,772 332,785 194,543 53,792 194,008 57,565 141,527 135,291 99,018 142,650 208,597 148,379 149,916 245,934 49,821 58,553 240,138 67,187 70,403 50,208 145,727 242,421 481,052 140,171 542,533 332,370 1,516,237 277,558 22,998 118,326 112,288 56,434 389,431 433,864 114,690 95,472 350,632 1,312,342 266,616 19,930 132,556 647,293 238,583 $ 43,375,491 2008-2009 June 30, 2009 2008-2009 June 30, 2009 Contributions Market Value Contributions Market Value V. Restricted Funds Dean’s Funds Hardy Cross Dillard $ 300 $ 61,303 $ 7,500 – 21,760 – 25 1,098 3,900 33,460 194 103 100,000 900 – 64,157 1,049 14,000 200 32,819 925 1,400 38,052 498 $ 1,570 951 409,913 3,973 650 3,735 – 20,915 244 153 40,000 1,732 84,821 86,056 829 30,542 23,650 45,060 14,180 22,598 98,565 4,329 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 Human Rights Study Project 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 $ – $ 22,354 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 duPont Pro Bono Collaborative Family Law Clinic 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 – – 11,000 10,491 – – 30,000 30,000 $ 1,154 698,863 30,108 4,202 6,960 414 120,000 – Miscellaneous 20,000 150 – 365 – 25,000 70 100 4,574 – 316,800 1,889,314 15,092 142,993 70 16,328 Naomi Hendershot ’01 Memorial Human Rights Program Interdisciplinary Professional Values Seminar John C. Jeffries, Jr. Restricted Law and Business Program Law and Technology Program Law Library General David and Noreen Mulliken Restricted Christopher J. Murphy, III Restricted John M. Olin Program in Law and Economics W. Sydnor Settle Restricted A. John Simmons Special Temporary Accounts Sunshine Lady Foundation Transactional Teaching Trustees’ Academic Initiative Virginia Tax Study Group John W. Warner ’53 Public Service Fellowship Sadie Lewis Webb Lectureship in Law and Medicine Lester E. Zittrain Lectureship Total Restricted Funds $ $ – 25 $ 4,761 64 5,250 10,000 44,225 50 3,925 100,000 10,000 77,908 163,784 644,289 319,528 60,314 451,426 34,533 – – – 29,527 – – – – 168,778 162,290 5,000 127,555 839 367,115 408,223 815 8,693 8,693 – – 23,311 26,913 661,208 $ 7,281,132 – – 34,945 37,688 – – – – – $ 642,892 – – – – 100 – 25,715 219,497 36,439 904,768 4,660,323 90,486 1,864,802 976,438 1,415,490 2,820,675 873,961 800,968 285,658 220,008 86,670 14,639 34,462 715,625 $ 15,331,001 VI. Unrestricted Endowments Andrew D. Christian Class of 1929 Class of 1957 Class of 1961 Lammot duPont Copeland Richard N. Crockett Henry L. Doherty Memorial Doherty Foundation Doherty–Lassen 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 $ $ – Annual Report 2008-2009 June 30, 2009 2008-2009 June 30, 2009 Contributions Market Value Contributions Market Value VII. Restricted Endowments Awards Black Law Students Association Promotion of Intellectual Life 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 Professor Carl McFarland Prize Daniel Rosenbloom Award Earle K. Shawe Labor Relations Award James Shoemaker Moot Court Awards James C. Slaughter Honor Award Roger and Madeleine Traynor Award Stephen Pierre Traynor Award $ 680 – – – – – – 2,150 $ – – – – – – – – 17,896 51,739 30,789 30,941 129,238 3,599 58,873 116,951 159,103 308,830 123,074 61,039 134,658 34,344 102,562 10,307 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 – – $ – – – 152,115 171,633 152,990 161,831 184,698 139,926 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 $ – – – 9,000 – – 212,560 – – – – – $ 7,903 448,316 185,168 63,814 172,490 14,139 385,416 1,469,614 22,159 53,393 20,422 249,804 100,000 – – – 350 25,000 155,000 – $ 726,528 239,201 206,380 239,830 80,068 58,908 1,662,023 148,626 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 E. Stuart James Grant Trust Public Interest Fellowship 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 – 45,868 – 1,000 – 5,750 – 59,593 315,634 65,956 1,768,520 2,444,810 Lectures / Lectureships John D. Cole III ’63 Lectureship in Communications and Media Law Thomas R. Denison Lectureship in Law and Business 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 Summer Research $ 200 $ 95,093 – – – 13,500 – 3,910 400 – – 195,027 178,602 154,434 93,269 204,087 288,182 259,347 33,533 769,756 31,250 148,186 Library Caplin Tax Collection Dorothea Lane Cutts H.C. Dillard International Law Collection University of Virginia School of Law $ – – – $ 306,734 121,361 32,234 Perre Bowen General Research Fund Eastwood D. Herbert Research Sohio Research Professorship $ – – – – $ 1,599,810 14,378 150,966 101,284 Academic Excellence Challenge Bob Barker Animal Rights Program Fund 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 $ – 1,000,450 $ 573,681 1,079,438 Total Restricted Endowments Miscellaneous 6,074 200 418 2,358 335 433,719 849,301 844 56,406 1,345 1,000 – 28,797 69,512 $ 1,571,584 $ 21,331,045 2008-2009 June 30, 2009 Contributions Market Value VIII. Law Grounds Bradley Arant Rose & White $ Buy–a–Brick Class of 1950 Dining Room Class of 1967 Alumni Lounge Class of 1977 Dining Terrace Clay Hall Building Maintenance Jones Day Kilpatrick Stockton LLP King & Spalding Landscaping Law Alumnae Lobby Law Grounds General Slaughter Hall Building Maintenance Emerson Spies Garden 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 $ 250 600 24,370 – 58,426 – – 1,100 200 – 1,350 16,742 – – $ 350 5,312 60,348 4,749 58,318 442,902 2,200 2,100 200 647 2,250 24,539 818,001 400 27,000 – 27,000 200 3,300 – 1,000 4,025 109 2,000 134,338 $ 1,455,651 $ – 103,996 $ 6,743,647 118,740 X. Appellate Judges LL.M. Program Appellate Judges Scholarship Cameron Award for Arizona Judges $ – – $ 3,921 2,070 $ 48,045 193,864 XI. Center for National Security Law Center for National Security Law Summer Institute $ 300,200 248,200 Grand Total Summary of Contributions July 1, 2008– June 30, 2009 Unrestricted Unrestricted Endowment Restricted Restricted Endowment $ 500 1,000 – – $ 13,303,456 $ 3,794,467 818,853 1,590,725 7,099,410 Total Contributions $ 13,303,456 July 1, 2008 – June 30, 2009 Faculty Financial Aid Lectures and Events Law Grounds 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 The financial statements of the University of Virginia Law School Foundation for the fiscal year ending June 30, 2009 have been audited by Hantzmon & Wiebel, LLC. A copy of the accountant’s report is on file at the Law School Foundation. Summary of Expenditures IX. Center for Oceans Law and Policy Center for Oceans Law and Policy Rhodes Academy The Foundation holds $233 million in endowed and $12 million in unendowed funds for the benefit of the Law School. In addition, the University holds $37.7 million in endowment designated for the Law School. The combined value of these assets as of June 30, 2009, exceeds $282.8 million. $ $ 6,172,055 3,351,140 1,941,867 129,386 195,707 197,873 19,208 264,656 408,377 12,211 2,183,654 2,082,028 $ 16,958,162 144,613 116,300 34,137 1,768,757 $245,095,880 – Annual Report