The University of Virginia’s endowment and other long-term funds are a powerful investment in the future of the University. Endowed funds serve as a sustainable source of funding for professorships to recruit and retain distinguished faculty; scholarships and fellowships to support deserving students; lectureships to bring distinguished speakers to Grounds; library acquisitions; and academic prizes to recognize outstanding students and faculty. The University’s unrestricted endowment generates vital funding for operations and enables the University to respond to important needs as they arise.


  • Expanding Opportunities through the Blue Ridge Scholars Program

    The Blue Ridge Scholars Program helps expand opportunities for underrepresented populations. As of 2021, more than two hundred students have received a Blue Ridge Scholarship. The growth of endowed funds for Blue Ridge Scholarships invested in UVIMCO’s Long Term Pool will allow these students and many more to have the confidence and support to focus on and excel in their studies.


  • Lighting the Path for African American Scholars

    The Ridley Scholarship Fund was created in 1987 in honor of Dr. Walter N. Ridley (Curry ’53), the first African American to receive a degree from the University of Virginia. Now aspiring to become the premier African American scholarship program in the nation, Ridley (as the program is known) has expanded to include the Ridley Scholar Experience.


Faculty And Research

  • Leading Critical Cancer Research

    When Rebecca “Becca” Clary Harris’s life was cut tragically short, hundreds of family members, friends, and colleagues stepped up to support her lifelong commitment to melanoma research. At the time of her death, Harris was a fellow in Dr. Craig Slingluff’s lab at UVA, pursuing promising scientific methods for improving the lives of patients with melanoma. Today, the research that Harris began continues to progress, thanks to her family and friends who established the Rebecca Clary Harris, MD Memorial Fellowship.


  • Helping Communities with Climate Resiliency

    The Fairfax Marine Research Fund was recently created by a generous legacy gift from Pete Ten Eyck (College ’82, Darden ’89) in honor of his parents to serve as seed capital for up-and-coming research projects that can be leveraged into larger federal grants. Since a lot of the Department of Environmental Sciences’ funding comes from the National Science Foundation, the Fairfax Marine Research Fund allows the University to develop a strong proposal to send to a federal agency for funding.


  • Collaborating on Climate Solutions in Virginia

    UVA’s Environmental Resilience Institute (ERI) established the Climate Restoration Initiative, through a grant from the Jefferson Trust, to develop negative emissions strategies that can make a positive impact on climate change. Negative emissions strategies remove and sequester carbon and include the use of new technologies as well as nature-based solutions, such as restoring forests and wetlands. UVIMCO has been instrumental in the Trust’s ability to fund incredible grants such as the Climate Restoration Initiative.



  • Fostering Innovation

    Since its founding in 2006, the Jefferson Trust has seeded and supported bold ideas on Grounds, awarding more than $1 million in grants during fiscal 2020 alone. The mission of the Jefferson Trust, an initiative of the UVA Alumni Association, is to foster a community of alumni and friends who join together to provide catalytic grants in support of innovation and leadership. This donor-led venture invests in people whose efforts can have a positive impact on the student experience, the University community, and society at large.


  • Making an Impact Globally and Locally

    In May 2001, businessman and philanthropist John Kluge donated his Albemarle County estate and affiliated farms to the University of Virginia Foundation. The gift consisted of eleven farms totaling 7,379 acres and more than 113 buildings. It was Kluge’s intention that the Foundation maintain a core portion of the property as a typical Albemarle farm, but sell some of the outlying properties to create an endowment that would provide funding for educational and nonprofit programming on the estate, as well as for ongoing care of the land.