July 15, 2008 — The University of Virginia School of Law set new annual giving records in 2007-08, receiving $10.9 million in annual gifts from 8,000 alumni (52.7 percent of the school's total graduates).
Of the total annual gift amount, $4.5 million is unrestricted, which allows the Law School to assign those funds to the areas of greatest need.
"Despite headwinds in the economy and turmoil in the markets, our alumni once again stood tall," said 1988 Law School graduate Luis Alvarez Jr., president and chief executive of the U.Va. Law School Foundation. "No other law school can claim such loyalty from its graduates."
"The student experience is central to the Law School's identity," said Dean Paul Mahoney, "and our graduates show their appreciation and affection for that experience through their unprecedented generosity. Because we rely entirely on tuition revenues and private giving, our alumni are essential to maintaining the Law School's place in the front rank of American legal education."
The University of Virginia Law School Foundation is a nonprofit corporation that receives, administers and manages private gifts from Law School graduates and friends.