jefferson schol ars foundation 20 1 0
accounting responsibility, audit engagement procedures, investment responsibility, and the manner in which the Foundation’s Chairman is appointed, that will require revisions to the Foundation’s governance documents. Te Foundation and the Alumni Association approved a Memorandum of Understanding that when implemented will produce changes that will reflect best governance practices and will help assure the Foundation’s continued growth. In his role as chairman of the Board, Rick Kellogg played a critical role in both the completion of the building and the improvements in the governance structure. On April 16, 2010, the Board of Directors approved a resolution expressing gratitude to Mr. Kellogg for his remarkable leadership. Moffett Cochran assumed the role of chairman from him and Mark Pirrung was elected vice chairman at the same time. At its core the Foundation remains focused on its mission of attracting some of the
world’s most talented leaders and scholars to the University. Both the undergraduate and graduate selection processes again produced outstanding results. Te undergraduate competition was especially rigorous. We received a record 1,226 nominations, due primarily to the addition of three new selection regions (Rhode Island, Mississippi, and the United Kingdom) and the decision to accept two nominations from those participating schools that felt they had two worthy candidates. Te 101 finalists, who hailed from all over the world, congregated in Charlottesville on the weekend of March 26-28. As a result of these deliberations, 27 remarkably talented individuals from 13 states and 3 foreign countries will compose our 30th entering undergraduate class. Fifty-six finalists in our graduate competition (another new record) from 21 different
departments of the Graduate School of Arts & Sciences, the Darden School, and the Law School spent the weekend of February 18-20 in Charlottesville. Te entering class will include five recipients from the College and one from the Darden School. For the first time the Foundation conducted a dissertation year fellowship competition to identify a current Ph.D. candidate in the College whose academic record is exceptional and who has demonstrated an unusual eagerness to share knowledge with a broad audience. We are pleased that the Foundation’s first recipient of the Dissertation Year Fellowship will join our community of Scholars and Fellows for the 2010-11 year.
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OUR NEW BUILDING PROVIDES JEFFERSON FELLOWS WITH AMPLE SPACE FOR TEACHING AND RESEARCH AND PERMITS THE FOUNDATION TO SPONSOR A VARIETY OF ACTIVITIES FOR THE UNIVERSITY COMMUNITY THAT ONLY COULD BE IMAGINED BEFORE.
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