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 2016 WHEREAS, the University of the Virgin Islands has made significant strides to cultivate relationships with corporations, foundations, friends and alumni constituents, 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 retain the fiscal year 2015 goal for cash donations at $2.56M and set alumni participation goal at 50 percent. …
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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 2016 WHEREAS, the University of the Virgin Islands has made significant strides to cultivate relationships with corporations, foundations, friends and alumni constituents, 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 retain the fiscal year 2015 goal for cash donations at $2.56M and set alumni participation goal at 50 percent. 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 2016 to the follow amounts: Fundraising Goal (Cash) – $2.560 M Alumni Giving Rate – 50% CERTIFICATION The Undersigned does hereby certify 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 24, 2015 as recorded in the minutes of that meeting. October 24, 2015 ___________________________________ ________________________ Secretary of the Board Date