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<br /> President’s Report 2009–10<br /> Art in the President’s rePort<br /> The images of new buildings on the Grounds in the 2009–10 President’s Report<br /> were captured by architectural photographer Scott Smith (Architecture ’94). Mr.<br /> Smith spent several days over the spring and fall visiting recently constructed<br /> University facilities made possible by private support. Many of those buildings are<br /> included here. Thanks in large part to the Campaign for the University of Virginia,<br /> these new facilities for teaching and research are serving U.Va. students and<br /> faculty today. The buildings, which house various disciplines across the Grounds,<br /> are essential investments in higher education and the future of the University.<br /> About the Cover<br /> The front cover is Carr’s Hill by Richard Crozier, professor of painting and drawing<br /> in the McIntire Department of Art. Mr. Crozier also painted the view of the Rotunda<br /> from Carr’s Hi<a title="University of Virginia President's Report 2009-10 page 1" href="http://catalog.proemags.com/publication/95e99f6f?page=1"> President’s Report 2009–10</a> <a title="University of Virginia President's Report 2009-10 page 2" href="http://catalog.proemags.com/publication/95e99f6f?page=2"> Art in the President’s rePort The images of new b</a> <a title="University of Virginia President's Report 2009-10 page 3" href="http://catalog.proemags.com/publication/95e99f6f?page=3"> FROM THE PRESIDENT | 2 Final Address of John T. C</a> <a title="University of Virginia President's Report 2009-10 page 4" href="http://catalog.proemags.com/publication/95e99f6f?page=4"> Final Address of John T. Casteen III e When Jo</a> <a title="University of Virginia President's Report 2009-10 page 5" href="http://catalog.proemags.com/publication/95e99f6f?page=5"> John T. casteen III, the seventh president of the</a> <a title="University of Virginia President's Report 2009-10 page 6" href="http://catalog.proemags.com/publication/95e99f6f?page=6"> Final Exercises on the lawn, 2010 </a> <a title="University of Virginia President's Report 2009-10 page 7" href="http://catalog.proemags.com/publication/95e99f6f?page=7"> Year at a Glance SEPTEMBER 2009–SEPTEMBER </a> <a title="University of Virginia President's Report 2009-10 page 8" href="http://catalog.proemags.com/publication/95e99f6f?page=8"> YEaR aT a GlaNcE | SEPTEMBER 2009–SEPTEMBER 2010 </a> <a title="University of Virginia President's Report 2009-10 page 9" href="http://catalog.proemags.com/publication/95e99f6f?page=9"> “Race to the South” in New Orleans and at central</a> <a title="University of Virginia President's Report 2009-10 page 10" href="http://catalog.proemags.com/publication/95e99f6f?page=10"> YEaR aT a GlaNcE | SEPTEMBER 2009–SEPTEMBER 2010 </a> <a title="University of Virginia President's Report 2009-10 page 11" href="http://catalog.proemags.com/publication/95e99f6f?page=11"> AUGUST 2010 The School of Medicine inaugurates a </a> <a title="University of Virginia President's Report 2009-10 page 12" href="http://catalog.proemags.com/publication/95e99f6f?page=12"> The Eighth President of the University of Virgini</a> <a title="University of Virginia President's Report 2009-10 page 13" href="http://catalog.proemags.com/publication/95e99f6f?page=13"> is that annual giving broadens the base of suppor</a> <a title="University of Virginia President's Report 2009-10 page 14" href="http://catalog.proemags.com/publication/95e99f6f?page=14"> A Challenging Educational Experience The Uni</a> <a title="University of Virginia President's Report 2009-10 page 15" href="http://catalog.proemags.com/publication/95e99f6f?page=15"> STuDENTS </a> <a title="University of Virginia President's Report 2009-10 page 16" href="http://catalog.proemags.com/publication/95e99f6f?page=16"> ROUSS HALL | McIntire School of Commerce The McIn</a> <a title="University of Virginia President's Report 2009-10 page 17" href="http://catalog.proemags.com/publication/95e99f6f?page=17"> community partners such as the Albemarle County P</a> <a title="University of Virginia President's Report 2009-10 page 18" href="http://catalog.proemags.com/publication/95e99f6f?page=18"> RUFFIN HALL | College and Graduate School of Arts</a> <a title="University of Virginia President's Report 2009-10 page 19" href="http://catalog.proemags.com/publication/95e99f6f?page=19"> community service in Cameroon and wrote her t</a> <a title="University of Virginia President's Report 2009-10 page 20" href="http://catalog.proemags.com/publication/95e99f6f?page=20"> Advancing the Pursuit of Knowledge In 2008, t</a> <a title="University of Virginia President's Report 2009-10 page 21" href="http://catalog.proemags.com/publication/95e99f6f?page=21"> FaculTY </a> <a title="University of Virginia President's Report 2009-10 page 22" href="http://catalog.proemags.com/publication/95e99f6f?page=22"> WILSDORF HALL | School of Engineering and Applied</a> <a title="University of Virginia President's Report 2009-10 page 23" href="http://catalog.proemags.com/publication/95e99f6f?page=23"> and connects investors with researchers who gener</a> <a title="University of Virginia President's Report 2009-10 page 24" href="http://catalog.proemags.com/publication/95e99f6f?page=24"> linda columbus Development award to support her s</a> <a title="University of Virginia President's Report 2009-10 page 25" href="http://catalog.proemags.com/publication/95e99f6f?page=25"> that regulate the function of virtually all livin</a> <a title="University of Virginia President's Report 2009-10 page 26" href="http://catalog.proemags.com/publication/95e99f6f?page=26"> Buildings Inspired by Our Heritage Thomas Jeff</a> <a title="University of Virginia President's Report 2009-10 page 27" href="http://catalog.proemags.com/publication/95e99f6f?page=27"> THE GROuNDS </a> <a title="University of Virginia President's Report 2009-10 page 28" href="http://catalog.proemags.com/publication/95e99f6f?page=28"> Achieving Goals for Health Care The U.Va. Hea</a> <a title="University of Virginia President's Report 2009-10 page 29" href="http://catalog.proemags.com/publication/95e99f6f?page=29"> H E a lT H S Y S T E M </a> <a title="University of Virginia President's Report 2009-10 page 30" href="http://catalog.proemags.com/publication/95e99f6f?page=30"> Dr. Thomas Platts-Mills, the Oscar Swineford, </a> <a title="University of Virginia President's Report 2009-10 page 31" href="http://catalog.proemags.com/publication/95e99f6f?page=31"> provided funds for related expenses, such as trai</a> <a title="University of Virginia President's Report 2009-10 page 32" href="http://catalog.proemags.com/publication/95e99f6f?page=32"> CLAUDE MOORE NURSING EDUCATION BUILDING | School </a> <a title="University of Virginia President's Report 2009-10 page 33" href="http://catalog.proemags.com/publication/95e99f6f?page=33"> P R E S I D E N T ’ S R E P O R T 2 0 0 9 – 1 0</a> <a title="University of Virginia President's Report 2009-10 page 34" href="http://catalog.proemags.com/publication/95e99f6f?page=34"> Setting an Example in Competition Success in s</a> <a title="University of Virginia President's Report 2009-10 page 35" href="http://catalog.proemags.com/publication/95e99f6f?page=35"> aT H l E T I c S D</a> <a title="University of Virginia President's Report 2009-10 page 36" href="http://catalog.proemags.com/publication/95e99f6f?page=36"> Emil Heineking Press, the U.S. Basketball Writers</a> <a title="University of Virginia President's Report 2009-10 page 37" href="http://catalog.proemags.com/publication/95e99f6f?page=37"> Financial Report 2009–10 A Fond Farewell an</a> <a title="University of Virginia President's Report 2009-10 page 38" href="http://catalog.proemags.com/publication/95e99f6f?page=38"> A Fond Farewell and Warm Welcome to New Leaders </a> <a title="University of Virginia President's Report 2009-10 page 39" href="http://catalog.proemags.com/publication/95e99f6f?page=39"> System. In 2009–10 we spent nearly $208 million o</a> <a title="University of Virginia President's Report 2009-10 page 40" href="http://catalog.proemags.com/publication/95e99f6f?page=40"> Management’s Discussion and Analysis (Unaudited) </a> <a title="University of Virginia President's Report 2009-10 page 41" href="http://catalog.proemags.com/publication/95e99f6f?page=41"> Financial Report • When net assets change s</a> <a title="University of Virginia President's Report 2009-10 page 42" href="http://catalog.proemags.com/publication/95e99f6f?page=42"> ENDOwMENT aND OTHER INvESTMENTS Performance. At J</a> <a title="University of Virginia President's Report 2009-10 page 43" href="http://catalog.proemags.com/publication/95e99f6f?page=43"> Financial Report Net assets invested in capita</a> <a title="University of Virginia President's Report 2009-10 page 44" href="http://catalog.proemags.com/publication/95e99f6f?page=44"> REvENuES The University strives to maintain a div</a> <a title="University of Virginia President's Report 2009-10 page 45" href="http://catalog.proemags.com/publication/95e99f6f?page=45"> Financial Report With the implementation of a ne</a> <a title="University of Virginia President's Report 2009-10 page 46" href="http://catalog.proemags.com/publication/95e99f6f?page=46"> Following is a graphic illustration of expenses (</a> <a title="University of Virginia President's Report 2009-10 page 47" href="http://catalog.proemags.com/publication/95e99f6f?page=47"> Financial Report Short Term State Budget crisis</a> <a title="University of Virginia President's Report 2009-10 page 48" href="http://catalog.proemags.com/publication/95e99f6f?page=48"> Management Responsibility October 29, 2010 </a> <a title="University of Virginia President's Report 2009-10 page 49" href="http://catalog.proemags.com/publication/95e99f6f?page=49"> Financial Report Auditor’s Opinion October 29, 20</a> <a title="University of Virginia President's Report 2009-10 page 50" href="http://catalog.proemags.com/publication/95e99f6f?page=50"> university of virginia Statement of Net Assets (i</a> <a title="University of Virginia President's Report 2009-10 page 51" href="http://catalog.proemags.com/publication/95e99f6f?page=51"> Financial Report university of virginia COMPONE</a> <a title="University of Virginia President's Report 2009-10 page 52" href="http://catalog.proemags.com/publication/95e99f6f?page=52"> university of virginia Statement of revenues, Exp</a> <a title="University of Virginia President's Report 2009-10 page 53" href="http://catalog.proemags.com/publication/95e99f6f?page=53"> Financial Report university of virginia COMPONE</a> <a title="University of Virginia President's Report 2009-10 page 54" href="http://catalog.proemags.com/publication/95e99f6f?page=54"> university of virginia Statement of Cash Flows (i</a> <a title="University of Virginia President's Report 2009-10 page 55" href="http://catalog.proemags.com/publication/95e99f6f?page=55"> Financial Report NOTE 1: SuMMaRY OF SIGNIFIcaNT</a> <a title="University of Virginia President's Report 2009-10 page 56" href="http://catalog.proemags.com/publication/95e99f6f?page=56"> BaSIS OF PRESENTaTION The financial statements hav</a> <a title="University of Virginia President's Report 2009-10 page 57" href="http://catalog.proemags.com/publication/95e99f6f?page=57"> the print shop, and other auxiliaries with interd</a> <a title="University of Virginia President's Report 2009-10 page 58" href="http://catalog.proemags.com/publication/95e99f6f?page=58"> NOTE 2: caSH, caSH EQuIvalENTS, aND INvESTMENTS T</a> <a title="University of Virginia President's Report 2009-10 page 59" href="http://catalog.proemags.com/publication/95e99f6f?page=59"> Financial Report INvESTMENTS For endowment inv</a> <a title="University of Virginia President's Report 2009-10 page 60" href="http://catalog.proemags.com/publication/95e99f6f?page=60"> b. Notes receivable: The composition of notes rec</a> <a title="University of Virginia President's Report 2009-10 page 61" href="http://catalog.proemags.com/publication/95e99f6f?page=61"> Financial Report e. Goodwill: In May 2000, the</a> <a title="University of Virginia President's Report 2009-10 page 62" href="http://catalog.proemags.com/publication/95e99f6f?page=62"> NOTE 5: lONG-TERM OBlIGaTIONS a. long-term debt: </a> <a title="University of Virginia President's Report 2009-10 page 63" href="http://catalog.proemags.com/publication/95e99f6f?page=63"> Financial Report PRIOR YEaR REFuNDINGS In prev</a> <a title="University of Virginia President's Report 2009-10 page 64" href="http://catalog.proemags.com/publication/95e99f6f?page=64"> NOTE 7: aFFIlIaTED cOMPaNIES uNIvERSITY OF vIRGIN</a> <a title="University of Virginia President's Report 2009-10 page 65" href="http://catalog.proemags.com/publication/95e99f6f?page=65"> NOTE 8: cOMPONENT uNITS Summary financial statemen</a> <a title="University of Virginia President's Report 2009-10 page 66" href="http://catalog.proemags.com/publication/95e99f6f?page=66"> INvESTMENTS Investments are recorded at market va</a> <a title="University of Virginia President's Report 2009-10 page 67" href="http://catalog.proemags.com/publication/95e99f6f?page=67"> Financial Report NOTES PaYaBlE The university </a> <a title="University of Virginia President's Report 2009-10 page 68" href="http://catalog.proemags.com/publication/95e99f6f?page=68"> Statement of Activities (in thousands) for the ye</a> <a title="University of Virginia President's Report 2009-10 page 69" href="http://catalog.proemags.com/publication/95e99f6f?page=69"> NOTE 9: EXPENSE claSSIFIcaTION MaTRIX Operating </a> <a title="University of Virginia President's Report 2009-10 page 70" href="http://catalog.proemags.com/publication/95e99f6f?page=70"> an amount determined by the Board of Visitors. Me</a> <a title="University of Virginia President's Report 2009-10 page 71" href="http://catalog.proemags.com/publication/95e99f6f?page=71"> Financial Report calculated based on the funde</a> <a title="University of Virginia President's Report 2009-10 page 72" href="http://catalog.proemags.com/publication/95e99f6f?page=72"> university administration, 2009–10 John T. Castee</a> <a title="University of Virginia President's Report 2009-10 page 73" href="http://catalog.proemags.com/publication/95e99f6f?page=73"> CAMPbeLL hALL | School of Architecture Campbell H</a> <a title="University of Virginia President's Report 2009-10 page 74" href="http://catalog.proemags.com/publication/95e99f6f?page=74"> Office of the President Post Office Box 400229 Char</a>