Fundraising Friday: Virginia Announces Another Seven-Figure Donation

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Ab24 Fundraising Friday

Welcome to Fundraising Friday, AB Today's weeky digest of recent developments in development.

Tim Smith, a 1990 University of Virginia graduate, and his wife Jennifer have pledged $5.5 million to UVA, including $4 million for athletics. According to the university's announcement Monday, this largest portion of the Smiths' gift will support scholarships in baseball and five women’s sports, as well as a current-use gift for operating support for baseball. The scholarships advance a Virginia Athletics Foundation initiative to increase funding for women’s athletics. It marks the second time this month that Virginia has landed a seven-figure donation, with former two-sport athlete Frank Quayle committing $5 million to Cavalier athletics in early June.

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