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President’s Report 2009–10
Art in the President’s rePort
The images of new buildings on the Grounds in the 2009–10 President’s Report
were captured by architectural photographer Scott Smith (Architecture ’94). Mr.
Smith spent several days over the spring and fall visiting recently constructed
University facilities made possible by private support. Many of those buildings are
included here. Thanks in large part to the Campaign for the University of Virginia,
these new facilities for teaching and research are serving U.Va. students and
faculty today. The buildings, which house various disciplines across the Grounds,
are essential investments in higher education and the future of the University.
About the Cover
The front cover is Carr’s Hill by Richard Crozier, professor of painting and drawing
in the McIntire Department of Art. Mr. Crozier also painted the view of the Rotunda
from Carr’s Hi
President’s Report 2009–10
Art in the President’s rePort The images of new b
FROM THE PRESIDENT | 2 Final Address of John T. C
Final Address of John T. Casteen III e When Jo
John T. casteen III, the seventh president of the
Final Exercises on the lawn, 2010
Year at a Glance SEPTEMBER 2009–SEPTEMBER
YEaR aT a GlaNcE | SEPTEMBER 2009–SEPTEMBER 2010
“Race to the South” in New Orleans and at central
YEaR aT a GlaNcE | SEPTEMBER 2009–SEPTEMBER 2010
AUGUST 2010 The School of Medicine inaugurates a
The Eighth President of the University of Virgini
is that annual giving broadens the base of suppor
A Challenging Educational Experience The Uni
STuDENTS
ROUSS HALL | McIntire School of Commerce The McIn
community partners such as the Albemarle County P
RUFFIN HALL | College and Graduate School of Arts
community service in Cameroon and wrote her t
Advancing the Pursuit of Knowledge In 2008, t
FaculTY
WILSDORF HALL | School of Engineering and Applied
and connects investors with researchers who gener
linda columbus Development award to support her s
that regulate the function of virtually all livin
Buildings Inspired by Our Heritage Thomas Jeff
THE GROuNDS
Achieving Goals for Health Care The U.Va. Hea
H E a lT H S Y S T E M
Dr. Thomas Platts-Mills, the Oscar Swineford,
provided funds for related expenses, such as trai
CLAUDE MOORE NURSING EDUCATION BUILDING | School
P R E S I D E N T ’ S R E P O R T 2 0 0 9 – 1 0
Setting an Example in Competition Success in s
aT H l E T I c S D
Emil Heineking Press, the U.S. Basketball Writers
Financial Report 2009–10 A Fond Farewell an
A Fond Farewell and Warm Welcome to New Leaders
System. In 2009–10 we spent nearly $208 million o
Management’s Discussion and Analysis (Unaudited)
Financial Report • When net assets change s
ENDOwMENT aND OTHER INvESTMENTS Performance. At J
Financial Report Net assets invested in capita
REvENuES The University strives to maintain a div
Financial Report With the implementation of a ne
Following is a graphic illustration of expenses (
Financial Report Short Term State Budget crisis
Management Responsibility October 29, 2010
Financial Report Auditor’s Opinion October 29, 20
university of virginia Statement of Net Assets (i
Financial Report university of virginia COMPONE
university of virginia Statement of revenues, Exp
Financial Report university of virginia COMPONE
university of virginia Statement of Cash Flows (i
Financial Report NOTE 1: SuMMaRY OF SIGNIFIcaNT
BaSIS OF PRESENTaTION The financial statements hav
the print shop, and other auxiliaries with interd
NOTE 2: caSH, caSH EQuIvalENTS, aND INvESTMENTS T
Financial Report INvESTMENTS For endowment inv
b. Notes receivable: The composition of notes rec
Financial Report e. Goodwill: In May 2000, the
NOTE 5: lONG-TERM OBlIGaTIONS a. long-term debt:
Financial Report PRIOR YEaR REFuNDINGS In prev
NOTE 7: aFFIlIaTED cOMPaNIES uNIvERSITY OF vIRGIN
NOTE 8: cOMPONENT uNITS Summary financial statemen
INvESTMENTS Investments are recorded at market va
Financial Report NOTES PaYaBlE The university
Statement of Activities (in thousands) for the ye
NOTE 9: EXPENSE claSSIFIcaTION MaTRIX Operating
an amount determined by the Board of Visitors. Me
Financial Report calculated based on the funde
university administration, 2009–10 John T. Castee
CAMPbeLL hALL | School of Architecture Campbell H
Office of the President Post Office Box 400229 Char