Becky Martin

The Committee approved seven faculty appointments and four emeriti appointments as part of the consent agenda. The committee also passed a resolution for the closure of the Bachelor of Arts program in Asian Studies and the closure of the Bachelor of Arts and Bachelor of Science programs in Women's Studies. Informational reports were presented by the Provost and Executive Vice President for Academic Affairs regarding faculty accomplishments, work-based learning, AI curriculum, and the General Studies major. The Vice President for Research and Economic Development provided updates on research advancement initiatives, including faculty research investments and efforts to expand undergraduate engagement in team-based research.

The committee reviewed the university's financial overview, including operating structure, enrollment trends, and the fiscal impact of the Virginia Military Survivors and Dependent Education Program. A proposal for the 2025-2026 operating budget was recommended for full board approval. Additionally, the committee received the university's financial performance report, an update on Small, Women-Owned, and Minority-Owned business utilization, and progress reports on strategic initiatives including EV charging infrastructure, campus wayfinding signage, and facility services culture change. Capital project updates were provided for several buildings, and the Educational Foundation investment report was presented.

The committee meeting focused on updates regarding the Capital Campaign, noting that fundraising for the current fiscal year has reached $62 million, exceeding the $40 million goal, and that the campaign is nearing its $500 million objective. Discussion also covered the 2025 Bank of America Study of Philanthropy and strategies for donor engagement. Additionally, the committee reviewed the Forward-Focused brand campaign, social media and media engagement successes, and the performance of University Licensing, which currently manages 203 licensed vendors and has seen revenue growth through new partnerships and product launches.

The committee reviewed the 2026 audit work plan, noting completed engagements such as the audits of the Graduate School, the Police Department's fiscal activities, and the Office of the President's expenditures. Ongoing engagements, audit department budget, and improvements to the University's compliance program were discussed. The committee received an affirmation regarding the Red Flag Rule compliance for identity theft prevention. Furthermore, the committee heard updates on the implementation of a new DHRM overtime policy, celebrated the university's recognition as a healthiest employer in the region, and approved various administrative, professional, and clinical faculty appointments.

The Board of Visitors held an emergency all-virtual meeting to discuss a recent incident on campus. The proceedings included a closed session convened under Virginia Code for the discussion of specific university employees, matters involving student scholastic records, and consultation with legal counsel. The meeting concluded with a Freedom of Information Act certification regarding the topics discussed during the closed session.