UNIVERSITY OF VIRGINIA LAW SCHOOL ANNUAL REPORT 2017–2018 UNIVERSITY OF VIRGINIA LAW SCHOOL ANNUAL REPORT 2017–2018 3 Dean’s Message 4 Leadership Report 6 Statement of Accounts 11 Summary of Contributions & Expenditures 13 Dean’s Council 13 Life Members 14 Associate Members 16 Highest % Participation: Regions and Classes 17 Largest Gift: Regions and Classes 18 100% Participation Program 22 Regional Summary 24 Reunion Gifts 27 53RD Giving Campaign 28 Annual Giving 2009–2018 29 Unrestricted Operating 2009–2018 29 Alumni With Consecutive Years of Giving 30 Class Participation Percentages 32 Class Participation 99 Estate Gifts 100 Deferred Legacy Gifts 103 Non-Alumni Contributors 103 Friends, Faculty, and Staff 107 Firms, Foundations, Corporations, and Organizations 109 Matching Gifts 111 In Memoriam 112 Gifts-in-Kind to the Arthur J. Morris Law Library 113 Law School Foundation Board of Trustees 114 Law School Alumni Council 115 Law School Foundation 2017–2018 ANNUAL REPORT 1 2 UNIVERSITY OF VIRGINIA SCHOOL OF LAW DEAN’S MESSAGE AST YEAR, FOR A 13TH YEAR IN A ROW, more than 50 percent of alumni participated in annual giving. That participation rate Ltranslates into over 8,900 alumni donors. We view each gift as a signal of your affection to this institution and your continuing connection to it. It says to us that you still cherish the professor who changed your life or your mind, the course you still rely on for your work, the friends you still text with each week. That is why every single gift counts. The more alumni who give, the more we know that you believe in our stewardship of this wonderful school. Our students are our raison d’etre, and you, our alumni, are our lifeblood. Your gifts to our endowment secure permanent funding for recurring needs like financial aid for our talented students and financial support for our renowned faculty. Your unrestricted gifts allow us to provide an unparalleled education and the premier student experience in legal education by allocating dollars where and as needed. Our students benefit from your generosity in the classroom, in the huge variety of events, activities, and publications that make the Law School a vibrant intellectual and professional community, and in the opportunities we are able to offer for service and experiential learning through clinics, pro bono projects, externships, and fellowships. That we succeed wildly in combining academic rigor and collegiality is not simply a matter of my (admittedly biased) opinion: Princeton Review this year ranked us #1 for best professors and #1 for best quality of life. Your commitment to annual giving makes that possible. This annual report showcases your support and our shared values and mission as we begin to celebrate two hundred years of UVA Law in 2019. You are our past, present, and future. You are the reason that a third century of excellence awaits us, and we thank you. Risa L. Goluboff, Dean Arnold H. Lean Professor of Law Professor of History 2017–2018 ANNUAL REPORT 3 LEADERSHIP REPORT We are pleased to report that the 2017–2018 Annual Giving Campaign finished with 8,926 alumni donors and a 51.4% participation rate. This was the thirteenth consecutive year alumni participation surpassed 50%. Alumni from the classes of 1934 to 2021 contributed, with the classes of 1950, 1957, 1968, and 2017 surpassing 70% participation. Thirty-nine classes met or exceeded a 50% participation rate. In regional results, alumni in nine geographic regions finished with a participation rate of at least 60%, while Birmingham/Huntsville/Montgomery achieved 70%. This year’s graduation gift campaign finished with 90% of the Class of 2018 making a pledge of future support. The following is a summary of the Foundation’s financial position and a report of the Alumni Association for the year ending June 30, 2018: LAW SCHOOL ENDOWMENT AND TOTAL ASSETS The Foundation holds more than $490 million in endowed and $22 million in non-endowed funds for the ben- efit of the Law School. In addition, the University holds $61 million and the Jefferson Scholars Foundation holds $4 million in endowed funds designated for the Law School. The combined value of these assets at June 30 exceeds $577 million. 2017–2018 CONTRIBUTIONS The 53rd Annual Giving Campaign raised $8.71 million. Gifts received by the Law School Foundation in fiscal year 2018, including annual giving, bequests, and special gifts, totaled $13.5 million. A total $4.8 million was for unrestricted current use. ALUMNI ASSOCIATION Last year Dean Risa Goluboff visited alumni at events in Atlanta, Birmingham, Boston, Charlotte, Charlottesville, Los Angeles, New York City, New Hampshire, Norfolk, Northern Virginia, Palo Alto, Richmond, Roanoke, San Francisco, and Washington, D.C. 4 UNIVERSITY OF VIRGINIA SCHOOL OF LAW This fall the Dean will meet alumni and friends in Charlottesville, Dallas, Houston, and Northern Virginia. The Law School will also host alumni receptions in Nashville, New York City, St. Louis, and Washington, D.C. The 2018 reunions were a great success, with a record 1,470 alumni and guests attending reunion weekend. The 2019 reunion weekend is scheduled for May 10–12 for the Classes of 1969, 1974, 1979, 1984, 1989, 1994, 1999, 2004, 2009, and 2014, and for the Lile Law Society (all alumni who have celebrated their 50th reunions). As always, all alumni are welcome to attend reunion weekend events regardless of their class year. As we reflect on the past year, we think it is important to take a collective moment to recognize not only our alumni and friends who have made a gift, but some of the reasons each of us has made the choice to support the Law School. Thank you for all you do to create and sustain our wonderful community. Best wishes, F. Blair Wimbush ’80 Virginia Beach, Virginia Chair, Law School Foundation Board of Trustees Harry A. Shannon III ’82 Rockbridge Baths, Virginia President, Law School Alumni Association Arthur D. Robinson ’88 New York, New York Chair, National Appeals Committee 2017–2018 ANNUAL REPORT 5 STATEMENT OF ACCOUNTS JULY 1, 2017 – JUNE 30, 2018 2017–2018 June 30, 2018 2017–2018 June 30, 2018 CONTRIBUTIONS MARKET VALUE CONTRIBUTIONS MARKET VALUE I. UNRESTRICTED FUNDS Warner Family $ – $ 410,789 Non-Endowed Unrestricted Funds Leigh D. Williams – 910,867 Current Use $ 4,109,447 $ 11,505,248 George A. and Elisabeth Dent Wilson – 19,861,612 Ernest L. Folk III 1,000 2,750 Stephen Clark Woodroe – 1,559,388 General Academic Programs – 3,515,611 Total Unrestricted Funds $ 4,892,609 $ 101,234,829 Jeff Horner Memorial – 12,700 Thatcher A. Stone 37,500 209,141 II. UNRESTRICTED REUNION FUNDS Class of 1968 Reunion $ 231,586 $ – Endowed Unrestricted Funds Class of 1978 Reunion 127,758 – Arnold R. Boyd $ – $ 1,029,878 Class of 1993 Reunion 145,698 – Andre W. Brewster ’48 Memorial – 295,724 Class of 2003 Reunion 57,834 – E. Fontaine Broun – 1,631,467 Class of 2008 Reunion 39,651 – David C. Burke ’93 100,000 100,000 Class of 2013 Reunion 15,413 – Andrew D. Christian – 41,252 Total Unrestricted Reunion Funds $ 617,940 $ – Class of 1929 – 352,092 Class of 1957 14,797 320,159 III. PROFESSORSHIPS Class of 1961 31,619 1,779,729 John S. Battle $ – $ 481,251 Class of 1973 159,255 166,810 Thomas F. Bergin Teaching 1,550 1,155,836 Lammot duPont Copeland – 7,474,819 Barron F. Black Research – 903,566 Richard N. Crockett – 145,149 Perre Bowen Fund – 4,267,403 Hardy Cross Dillard – 361,650 T. Munford Boyd 200 1,206,853 Henry L. Doherty Memorial – 2,990,938 Brokaw Professorship in Corporate Law 1,000 1,898,850 Doherty Foundation – 1,566,101 Percy Brown, Jr. – 711,997 Doherty-Lassen Memorial – 2,270,291 Walter L. Brown – 4,486,640 Dana Drake – 921,265 The Honorable Albert V. Bryan, Jr. ’50 General Endowment 403,991 20,919,707 Research 68,650 1,066,815 Colonel Joseph M. Hartfield Memorial – 237,600 Caddell & Chapman Research 10,000 701,774 Joseph M. Hartfield – 4,524,592 Mortimer M. Caplin – 1,483,243 Judge Robert E. Hayes – 1,399,705 Joseph C. Carter, Jr. Research 1,200 1,286,550 D. Peck Hill – 389,386 Nicholas E. Chimicles Research in J. Wilton Hope – 241,626 Business Law & Regulation – 935,389 Wallace Howland – 1,284,820 Class of 1941 Research – 739,928 Lawrence W. I’Anson – 89,383 Class of 1948 Scholarly Research 1,700 1,281,100 Henry C. Little – 1,109,409 Class of 1957 Research – 2,290,095 Ernest E. Monrad – 458,219 Class of 1962 – 2,333,796 David and Noreen Mulliken 25,000 1,931,389 Class of 1963 Research in Honor of Donald Richberg – 352,912 Graham C. Lilly & Peter W. Low 8,508 1,560,850 William H.D. Rossiter – 6,333,215 Class of 1966 Research – 1,205,006 Rutherfurd Family 10,000 25,435 Edwin S. Cohen Distinguished JER Fund – 117,159 in Law and Taxation – 2,399,470 J. Edward Smith – 510,672 Hardy Cross Dillard / Class of 1969 – 3,081,330 H.C. Kinsey Spotswood – 139,027 Armistead M. Dobie – 406,811 William L. Standish ’56 Memorial – 226,818 Henry L. and Grace Doherty Randall S. Strange – 209,655 Charitable Foundation – 812,436 Trustees’ Academic Initiative – 675,031 Joseph W. Dorn Research – 1,270,471 Albert R. Turnbull – 24,713 John A. Ewald Jr. Distinguished – 2,814,764 Royall Victor Memorial – 55,281 Horace W. Goldsmith Research – 1,918,642 John William Waltz – 543,645 6 UNIVERSITY OF VIRGINIA SCHOOL OF LAW 2017–2018 June 30, 2018 2017–2018 June 30, 2018 CONTRIBUTIONS MARKET VALUE CONTRIBUTIONS MARKET VALUE Holcombe T.