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LSF.0023.001.Pdf . V LIBRARY FEB 2 5 !!If6 MICH, .' . .U. 1983 LAW SCHOOL FUND t ~wenty-thirdAnnual Report Alymni News Notes Feature -* 5 , - . -4-2 . " a-r' L:&*+ 2 * :$.I &w Quadrangle Notes THE UNIVERSITY OF MICHIGAN LAW SCHOOL VOLUME 28, NUMBER 4, SUMMER 1984 CONTENTS Reading . Between the Sheets Five Thousand Dollar Cities Roy F. Proffitt Tops in Percentage of Participation Letter from the National Chairman Law School Fund Contributors National Chairmen Special Donor Groups National Committee Matching Gift Program Regional Summaries In Memoriam 1982-83 Comparisons by Region Alumni News Notes Annual Growth Chart Deceased Class Summary of Gifts Michigan Special Donor Groups Tops Among Classes La70 Quadrai~gleNotes (USPS 893-460), is issued quarterly by the University of Michigan Law School. Second-class postage paid at Ann Arbor, Michigan. Office of publication, Law Q~iadrangleNotes, Law School, The University of Michigan, Ann Arbor, Michigan 48109-1215. POSTMASTER: Send Form 3579 to: Editor, Law Qtiadrai7gle Notes, Law School, The University of Michigan, Ann Arbor, Michigan 48109-1215. This issue of the Lazu Qtiadrangle Notes is the twenty-third annual report of the Law School Fund. The Fund is under the direction of Professor Roy F. Proffitt; Mrs. Lois A. Richards is supervisor of the Fund and is responsible for gathering the data used in this report. Editorial and design responsibilities are handled by the University of Michigan Publications Office. support. To meaningfully increase the Reading . Between the Sheets "extras of excellence," and to assure that Michigan retains its place as one Proffitt of the world's truly outstanding centers of legal education, both will be necessary. New Numbers Each year we report to you the successes (and occasionally the short- comings) of the just-ended campaign. By every measure 1983 was a banner year: Total dollars received . $1,400,278 (up 24.2 %) Total gifts . 7,318 (up 8.7%) Total alumni donors . 6,123 Fan Mail It is apparent that even in "real (up 4.7%) Per cent of alumni I would be less than honest if I sug- dollars" the Fund has enjoyed a substantial growth since its beginning participation . 44.0% gested that the written response to (up 1.6%) these columns was overwhelming, but in 1961, and its importance to the school is significant, but a closer look your occasional notes and letters are It will be hard to top these impres- welcome and helpful. shows some sobering facts: (1) In only one year were total contri- sive figures in 1984, but we look Several wrote in response to my forward to the challenge. With your comments a year ago about butions in "actual dollars" less than in L. art help we shall do it. Wright, frequently detailing the the preceding year. But in "real writer's favorite anecdote about his or dollars" contributions fell short of the previous year's total in seven cam- What Dollars and Where Do her experiences with Professor Wright. They Go? Many of these were passed on to Mrs. paigns-nearly one-third of the time. Wright, and she, in turn, shared them (2) Because of inflation averaging The figure for total dollars received with her daughters in Beirut, Lebanon, 8.23% a year, even though total "actual faithfully follows the pattern and con- and Chicago. Your thoughtfulness was dollars" contributed to the Fund tent of our reports for previous years. sincerely appreciated by his family. increased regularly (more than 65% in But for a number of reasons we think On a completely different subject, 1979 compared to 1972), the purchasing it useful to tell you a few more details. one alumnus wrote that he was pleased power of the "real dollars" contributed In reporting the results of any fund- to see the Fund's progress over the ill 1973 ti~rougll1979 was less than it raising activity serious questions arise. years, excited as were we, about reach- had been in 1972. It was only in 1980, How and when to report gifts received ing the million dollar level in 1982, after a record-breaking year in which through a decedent's estate, or from a but he reminded us of the inroads of actual dollars received were 21.5% trust fund or life insurance policy, is inflation. Why didn't we, he asked, greater than in 1979 (even though the troublesome. What should one do report the success of the Fund in "real CPI jumped a whopping 13.5% the about the value of a gift-in-kind that dollars?" A good question, we thought, same year) that the "real dollars" total has not been liquidated? Is there a best so read on. exceeded the similar figure for 1972. time and way to report pledges? In (3) Put another way-to know how reporting about an "annual fund," many "real dollars" were contributed such as the Law School Fund, should a Real Dollars in 1983 compared to the base year "large gift" (whatever that means) be We doubt that anyone reading our (1967) you divide every actual dollar included although it is not likely it wdl reports was unaware that inflation received in 1983 by three. be repeated in another year? What of reduced the purchasing power of con- (4) Although many of you have even cash gifts for the support of some tributions to the Fund. But the actual increased the size of your gifts over the specific purpose? impact, as shown by the line drawl on years (and we are grateful), the average We have resolved all of those prob- the bar graph near the center of this annual gift (total dollars divided by lems and more. In a very real sense the report, will probably surprise many total gifts) has increased at only a little "Law School Fund" is a large umbrella, of you. more than one-half the rate of increase and covers a wide variety of current To determine this "real dollar" dis- of the total contributions. New contrib- cash gifts for both designated and play we have used the consumer price utors have also been essential to the undesignated purposes. Most of our index of consumer goods and services substantial growth of the Fund. non-cash gifts are readily negotiable compiled by the Bureau of Labor Sta- It is tempting to do more, but surely securities which are quickly sold and tistics, U.S. Department of Labor. The it is clear that with never-ending infla- the value reported as cash. Other less price index used each year was given tion the Fund will continue to grow negotiable gifts, e.g., real estate, in relation to a period with 1967= 100. in "real dollars" only if donors increase books, antique pistols (yes, really), Our information was taken from the their gifts at a comparable rate andlor automobiles, etc., are reported in an Handbook of Basic Econonzic Statistics. we continue to increase our base of annual report only if liquidated during A New Name If you have not already seen or heard the news, you should know that Jonathan D. Lowe, J.D. '76, has joined the Law School staff as Director of Law School Relations. He will work with me in all aspects of Law School devel- opment and alumni affairs. Barring the unforeseen, I shall continue doing most of the things I have been doing until August, 1986. Accolades Both the donors and the members of the "team" responsible for the annual solicitation are indispensable to the success of the Fund, and we thank each and every one. But each year the results achieved by a few of the team members deserve special recognition. The wide differences in size, numbers, and previous levels of participation make comparison difficult, but some the same reporting period in which new "Campaign for Michigan." things simply must be noted. This year they are received. Proceeds received Even of the gifts that we do include they include: from estates, trusts, and life insurance in the reports there are a good many (1) Five Regions increased total policies are never reported as a part designated by the donor for a specific contributions more than 20%. They of the Law School Fund. Only cash purpose. Some of these designated and the region chairpersons were: actually received as a part of a larger gifts will still go immediately into Region 11, Jerome B. Libin; Region IV, pledge is reported. Large gifts as well some expendable account, but others John B. Pinney; Region VIII, Thomas as small, if otherwise reportable, are are intended to be invested in an R. Beierle; Region IX, Frederick W. included. We know that in a given year endowed account with essentially only Lambert, and Region X, Jonathan D. this might skew the figures, but there the future earnings to be expendable. Lowe. is no readily available alternative. (The annual earnings from these (2) Region VI, under Gene H. Han- During the six years of the Law invested accounts are never included in sen, and Region VII, under Duane School's Capital Campaign, we were the annual report of the Law School Ilvedson increased the number of gifts careful to distinguish gifts for the two Fund.) Of course, any designation from their regions more than 10%. campaigns, and to report as gifts to the restricts the Dean's discretion as to the (3) Several states within larger Law School Fund only those so use of the gift. In recognition of these regions showed remarkable increases. intended. We shall be alert for the distinctions we shall for the first time Virginia (outside of the D.C. Metropol- same distinction in connection with separate the gifts into these major itan area) under Garth E.
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