Resolution of the Board of Trustees of the University of the Virgin Islands
Resolution of the Board of Trustees of the University of the Virgin Islands Approving the Fundraising and Alumni Giving Rate Goals for Fiscal Year 2013 WHEREAS, the University of the Virgin Islands has exceeded the fundraising and alumni giving rate goals of $2.5M and 16% for fiscal year 2012, and WHEREAS, the Development Committee of the UVI Board of Trustees has prioritized efforts to increase the University’s capacity in securing external, private funding to assist in the ongoing programmatic growth of the Institution, and WHEREAS, the Development Committee has voted to recommend to the Board of Trustees to increase the fundraising goal to $500,000 above the total funds raised in fiscal year 2012 and to maintain the alumni giving percentage rate achieved at the conclusion of fiscal year 2012. …
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Resolution of the Board of Trustees of the University of the Virgin Islands Approving the Fundraising and Alumni Giving Rate Goals for Fiscal Year 2013 WHEREAS, the University of the Virgin Islands has exceeded the fundraising and alumni giving rate goals of $2.5M and 16% for fiscal year 2012, and WHEREAS, the Development Committee of the UVI Board of Trustees has prioritized efforts to increase the University’s capacity in securing external, private funding to assist in the ongoing programmatic growth of the Institution, and WHEREAS, the Development Committee has voted to recommend to the Board of Trustees to increase the fundraising goal to $500,000 above the total funds raised in fiscal year 2012 and to maintain the alumni giving percentage rate achieved at the conclusion of fiscal year 2012. NOW THEREFORE BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE UNIVERSITY: That the Board of Trustees of the University of the Virgin Islands hereby authorizes and approves the establishment of the fundraising and alumni giving goals for fiscal year 2013 to the follow amounts: Fundraising Goal – $3.4 million Alumni Giving Rate – 42% CERTIFICATION The undersigned hereby certifies that the foregoing is a true and exact copy of a resolution approved by the Board of Trustees of the University of the Virgin Islands at a meeting on October 27, 2012 as recorded in the minutes of that meeting. October 27, 2012 Secretary of the Board Date