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[4]

Part of Minutes of the University of Kentucky Board of Trustees

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-2- FCR 2 Roger Disilvestro Gift and Pledge (Consent) FCR 3 William Stamps Farish Fund Gift and Pledge (Consent) FCR 4 Gifts and Pledges to the E. Preston Hicks Chair for Orthodontics and Oral Health Research (Consent) FCR 5 Estate of John C. Hubbard Gift (Consent) FCR 6 Dorothy Nelms Gift and Pledge (Consent) FCR 7 Medical Alumni Association Gifts and Pledge (Consent) FCR 8 Gene and Deborah Gabbard Charitable Remainder Unitrust Pledge (Consent) FCR 9 Estate of Edith H. Harmon Gift (Consent) FCR 10 Estate of Anthony Leonard Boaden Wyatt Gift (Consent) FCR 11 Renaming of Professorship in Behavioral Science and Acceptance of Pledge (Consent) (See PR 2, AACRs 1 and 2, and FCRs 1 through 11 at the end of the Minutes.) D. President's Report to the Trustees (PR 1) President Todd called attention to the following items in PR 1: The legislators fully funded the university's Top 20 Business Plan in the biennial budget. The university received the authority for the remainder of funding for the hospital project which is on schedule. Full funding was received for the $120 million pharmacy biology complex facility. This is a victory and major accomplishment. President Todd reminded the Board that the university had to pay 40 percent of the funding for the BBSRB facility, a previous large research building, which means the university is paying $2.3 million out of research income every year for 20 years to pay for that building. President Todd said that he is extremely pleased with the outcome of the legislative session. UK, as well as other universities in the state, did not receive as much the first year of the biennium; however, the second year was funded well. President Todd said that the budget will be brought to the Board in June, and it will reflect that a lot of decisions have been made. There have already been some announcements about salaries. The Robinson Scholars Program makes a national impact. The program was recognized as one of only seven National Association of Student Personnel Administrators Gold Excellence Award winners. It also received a $50,000 grant from the IFSA Foundation to fund 10 students to study abroad. The first class of students in this program graduated last year, and there are students graduating this semester. The rate of those students who leave high school and go to college is far superior to the typical rate in those regions. A survey is planned to see how many graduates of the program have been able to go back to their home counties.