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$13 million in new gifts and pledges for Monroe Park Campus

More than $13 million in new gifts and pledges were announced at the Monroe Park Campus Campaign Leadership meeting on Feb. 23, 2005, including a $10 million commitment from Steve and Kathie Markel to support the Virginia Commonwealth University School of Business. Tom and Vickie Snead, co-chairs of the Monroe Park Campus campaign, announced the gifts from 12 donors earmarked for the Monroe Park Campus to more than 130 Campaign for VCU volunteers and supporters.

“ VCU has been, over the past 10 to 15 years, a driving force in revitalizing downtown Richmond,” said Steve Markel. “The business school has a tremendous opportunity to take a leadership role. All businesses in Richmond desperately need talented, well-educated people.”

The Markels’ pledge supports the $30 million Campaign for the School of Business, which aims to position the school as the leading technologically focused business school in the commonwealth of Virginia. Private donations will help fund a new School of Business building, as well as new technology and equipment. The new facilities will be in partnership with the School of Engineering to attract and produce students with an exceptional understanding of the application and management of technology.

Steve Markel, vice chairman of Markel Corporation, currently serves on the governing board of the VCU Health System and acts as chair of the School of Business’ Executive Leadership Committee. Kathie Markel serves on the Massey Cancer Center’s Major Gifts Committee and was recently recognized by the YWCA of Richmond as one of its 2005 Outstanding Women.

Other gifts for the Schools of Business and Engineering and the Honors Campaign were announced from the following donors:

Mark Sternheimer; Robert Rigsby; Mr. and Mrs. Wallace Stettinius; Mr. and Mrs. Jay Weinberg; Mr. and Mrs. Marcus Weinstein; Mr. and Mrs. Allen King; the Universal Leaf Foundation; Mr. and Mrs. Paul Edmunds; Mr. and Mrs. Sterling Edmunds; and the family of William M. Ginther.

Left to right: chair of the Campaign for Honors Jay Weinberg, Advantage Virginia board member Sven Sjogren and Tom Burke, executive director of the VCU Foundation.

Dr. Thomas Huff, vice provost for VCU Life Sciences (left) with Inger and Walter Rice Center for Environmental 07/05/2006isher is a founding member of the Rice Center’s Board of Trustees.

Steve and Kathie Markel

Left to Right: Board of Visitors member Dr. J. Alfred Broaddus Jr., dean of the School of Business, Dr. Michael Sesnowitz, senior associate dean for the School of Business, Dr. E. G. Miller, and chair for the Campaign for the School of Business, Steven A. Markel.

Left to Right: Campaign Co-Chair for the Medical Campus, James C. Roberts, Senator George Allen, Executive Director of the MCV Foundation, Mickey Dowdy, Board of Visitors and VCU Health Systems Board Member, Thomas G. Rosenthal, and Dr. Edward H. Bersoff, Board of Visitors Rector.

School of Business donors Allen B. and Wanda King. Mr. King is chairman, president and CEO of Universal Corporation and serves on the Executive Leadership Team for the School of Business Campaign.