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University of Virginia Law School Foundation School Law Foundation Virginia of University Report 2006–2007 Annual Non-Profit Organization U.S. Postage Paid University of Virginia Permit No. 232 Charlottesville, VA University of Virginia Law School Foundation 580 Massie Road School of Law Charlottesville, Virginia 22903-1738 www.law.virginia.edu/alumni Annual Report 2006–2007 Law School Foundation Annual Report 2006 – 2007 UNIVERSITY OF VIRGINIA Dean’s Message 2 SCHOOL OF LAW Leadership Report 4 Statement of Accounts 6 Summary of Contributions & Expenditures 11 Dean’s Council Life Members 12 Associate Members 13 100% Participation Program 15 Reunion Gifts 18 Estate Gifts 20 Deferred Gifts 21 Regional Summary 24 Regions with the Highest Percent Participation 26 Classes with the Highest Percent Participation 27 Class Participation 28 Non-Alumni Contributors: Friends, Faculty, and Staff 82 Firms, Foundations, and Corporations 85 Matching Gifts 87 Gifts-in-Kind to the Arthur J. Morris Law Library 88 In Memoriam 88 Annual Giving 1998-2007 89 Unrestricted Annual Giving 1998-2007 89 Law School Foundation Board of Trustees 90 Law School Alumni Council 91 Law School Foundation 92 2 University of Virginia School of Law Dean’s Message FOR THE SECOND YEAR IN A ROW, MORE THAN 50 PERCENT OF OUR GRADUATES made gifts to the Law School. That record of alumni support is unmatched by any other law school, public or private. For Virginia to lead the way in alumni participation is a remarkable achievement. Historically, graduates of public universities often assumed that they “gave at the offi ce” when they paid taxes. Today, of course, the Law School is fi nancially self-suffi cient and receives no state funds. We rely primarily on tuition and secondarily, but crucially, on private giving. In the pages that follow, you will see what your gifts accomplish. They allow us to compete nationally for leading faculty, to provide much-needed scholarship support for deserving students, and to sponsor the huge variety of events, activities, projects, and publications that make the Law School such a vibrant and exciting place. In short, your generosity is indispensable. All of us who are privileged to study and work in Charlottesville are deeply grateful. John C. Jeffries, Jr. ’73, Dean Annual Report 2006 – 2007 3 4 University of Virginia School of Law Leadership Report July 1, 2006 through June 30, 2007 WE ARE PLEASED TO REPORT THAT IN THIS FIRST YEAR OF THE CAPITAL CAMPAIGN, more alumni than ever made gifts to the Law School. Once again, annual giving participation surpassed fi fty percent—an achievement no other law school can claim. Your gifts make possible the vibrant and diverse community that is Virginia Law, but monetary donations are not the sole means of supporting the Law School. Alumni engagement is at an all-time high. Alumni serve as members of the Business Advisory Council, as reunion managers, as hosts for alumni events in their cities. Alumni visit Charlottesville to share their professional experiences, present books they have written, or talk about trials they have conducted. Alumni return to conduct job interviews with current students and judge fi rst-year oral arguments. Annual Report 2006 – 2007 5 We salute you, the friends and graduates of Virginia Law, ALUMNI ASSOCIATION and wish to share here a summary of the Law School’s health and This year, Law School alumni, faculty, and friends gathered strength as of June 30, 2007, the close of the fi scal year: in Richmond, Washington, Atlanta, San Francisco, Birmingham, Dallas, Houston, New York City, Chicago, and Northern Virginia. LAW SCHOOL FOUNDATION Dean Jeffries spent time with alumni at the Orrick offi ces in • The market value of Foundation assets is $305.5 million, San Francisco. He met with Dallas alumni at the Dallas Petroleum and the University holds an additional $44.5 million in Club, and with Houston alumni at the home of Mike Caddell ’79 funds designated for the Law School. The combined value and Cynthia Chapman. Tri-state alumni were treated to an of these assets for the benefi t of the Law School exceeds enlightening address by Tom Ostertag ’81, General Counsel for $350 million. Major League Baseball, at the annual New York City luncheon. • Private gift support for the Law School, including annual The highlight of the year was once again Law Alumni Weekend, giving, bequests, and special gifts, totaled $13,815,235. when nearly 1,000 alumni and their guests returned to • Membership in the Dean's Council, the Law School's highest Charlottesville for Reunions in May. donor recognition group, continues to grow, with more than We thank you, friends and fellow graduates, for your contin- 400 members. ued support, your work, and your dedication to the Law School. You are the legacy that is the University of Virginia School of Law. ANNUAL GIVING • The 42nd annual giving campaign raised a record $9.8 million, of which $4.5 million was unrestricted. • A record 7,643 donors contributed to the annual giving Michael J. Horvitz ’75 campaign, crossing fi fty percent alumni participation for Chair, Law School Foundation Board of Trustees the second straight year. William B. Fryer ’74 • 90% of the Class of 2007 participated in “Believe,” their President, Law School Alumni Association graduation gift campaign, signaling even greater support H. Sadler Poe ’70 for annual giving in the years ahead. Chair, 2006-2008 National Appeals Committee 6 University of Virginia School of Law Statement of Accounts July 1, 2006 through June 30, 2007 2006-2007 June 30, 2007 2006-2007 June 30, 2007 CONTRIBUTIONS MARKET VALUE CONTRIBUTIONS MARKET VALUE I. Unrestricted Funds III. Professorships Current Use $ 3,412,489 $ 3,581,792 John S. Battle $ – $ 325,246 Arnold R. Boyd – 867,860 Thomas F. Bergin Teaching 500 772,732 E. Fontaine Broun – 1,238,777 Albert C. BeVier Research – 451,974 Hardy Cross Dillard – 303,754 Barron F. Black Research – 611,073 Dana Drake – 776,278 Perre Bowen Fund – 2,893,296 Ernest L. Folk III 200 143,945 T. Munford Boyd – 815,004 General Endowment 210,020 9,199,414 Brokaw Professorship in Corporate Law – 1,240,056 General Fund 25,040 3,186,640 Percy Brown, Jr. – 481,338 Colonel Joseph M. Hartfi eld Memorial – 200,204 Walter L. Brown – 806,766 D. Peck Hill – 328,103 The Honorable Albert V. Bryan, Jr. ’50 10,400 355,585 J. Wilton Hope – 203,641 Caddell & Chapman Research – 443,699 Lawrence W. I’Anson – 75,314 Daniel Caplin – 569,557 Henry C. Little – 935,007 Joseph C. Carter, Jr. Research 3,976 811,968 William H.D. Rossiter – 5,341,453 Nicholas E. Chimicles Research in J. Edward Smith – 430,303 Business Law & Regulation – 631,368 Randall S. Strange – 176,694 Class of 1941 Research – 500,353 Textbook Royalties – 819 Class of 1948 Scholarly Research – 643,674 John William Waltz – 458,086 Class of 1957 Research 247,592 1,398,965 Leigh D. Williams – 767,513 Class of 1962 – 1,514,703 George A. and Elisabeth Dent Wilson – 16,738,463 Class of 1963 Research 1,750 826,482 Stephen Clark Woodroe – 1,313,971 Class of 1966 Research – 791,656 TOTAL UNRESTRICTED FUNDS $ 3,647,749 $ 46,268,031 Edwin S. Cohen Distinguished in Law and Taxation – 1,616,840 Hardy Cross Dillard / Class of 1969 100 632,603 Armistead M. Dobie – 275,105 II. Unrestricted Reunion Funds Henry L. and Grace Doherty Charitable Foundation – 548,777 John A. Ewald, Jr. Distinguished – 1,997,583 Class of 1962 $ 120,234 $ 120,009 Horace W. Goldsmith Research – 3,547,232 Class of 1987 104,231 113,220 Charles O. Gregory 500 854,030 Class of 1992 44,233 44,300 David A. Harrison III Faculty Development Fund 1,821,257 5,848,939 Class of 1997 28,492 28,427 David and Mary Harrison Distinguished – 59,853,900 Class of 2002 19,458 19,378 Joseph M. Hartfi eld Memorial (by Watson Foundation) – 409,693 TOTAL UNRESTRICTED REUNION FUNDS $ 316,648 $ 325,334 Michael J. and Jane R. Horvitz Distinguished 100,000 1,384,638 Annual Report 2006 – 2007 7 2006-2007 June 30, 2007 2006-2007 June 30, 2007 CONTRIBUTIONS MARKET VALUE CONTRIBUTIONS MARKET VALUE Edward F. Howrey Research $ – $ 766,178 A. Stewart Kerr $ – $ 50 Hunton & Williams Research – 665,163 Monroe Leigh ASIL Fellowship 2,500 122,900 David H. Ibbeken ’71 Research 65,600 885,912 James A. Newell 1,500 1,500 E. James Kelly, Jr. - Class of 1965 Research – 763,421 Scott R. Owens Memorial Reserve – 52,338 Edward J. Kelly III – 18,328 James M. Rinaca ’76 Memorial 29,450 29,525 Inez L. Kimmel Young Teachers Fund 63,850 1,059,024 School of Law General 34,222 197,223 Arnold H. Leon 48,875 1,158,707 Richard Silver 10,000 10,000 James Madison 1,500 619,296 Whitehead Memorial 1,000 2,109 James Madison Distinguished – 2,885,772 Womble Carlyle 8,000 1 Justice Thurgood Marshall Distinguished 39,929 1,252,701 David Lurton Massee, Jr. – 2,419,767 ENDOWED SCHOLARSHIPS Samuel H. McCoy II – 566,527 Kent E. Agness $ 900 $ 2,946 Elizabeth D. & Richard A. Merrill Research 1,507 768,643 Hawthorne D. Battle – 66,119 John Barbee Minor Distinguished – 2,888,702 Candace K. and Frederick W. Beinecke – 217,132 James Monroe Distinguished – 2,918,579 Juliet R. Belknap / McAlister Marshall – 180,970 Roy L. & Rosamond Woodruff Morgan – 490,642 Robert K. Bellamy 9,735 236,406 William L. Matheson and Robert M. Morgenthau Senator Leroy Bendheim – 415,309 Distinguished – 3,924,515 Black Law Alumni 1,405 14,948 Blaine T.