William Mary

This document outlines William & Mary's Vision 2026. It establishes university goals to expand its global reach, educate for impact, and evolve for excellence. The plan focuses on four cornerstone initiatives: Data, Water, Democracy, and Careers, aiming to build on strengths and address significant local, national, and global challenges by integrating computational thinking, ensuring resilience of waterways, promoting democratic ideals, and preparing lifelong learners.

The board conducted a public hearing on tuition pricing strategy, undergraduate tuition and fee recommendations, and the operating budget. Key committee activities included updates on capital outlay prioritization, campus housing plans, and the remediation of the President's House. The board reviewed and approved resolutions regarding capital plan updates, the conferral of emeriti status, faculty promotions, the renaming of academic departments, and the closure of the Peninsula Center. Additionally, the board discussed NCAA and NIL landscape navigation for athletics, university audit results, and compensation benchmarking. The meeting concluded with reports from the student, faculty, and staff representatives, the election of new board officers, and an executive session regarding personnel and legal compliance.

The Board of Visitors meeting included various administrative and governance items. Key discussions involved the adoption of tuition, fee, and operating budget proposals for Richard Bland College, the conferral of faculty promotions and emeriti status, and revisions to several school by-laws. The Board also reviewed capital plans, discussed the university's reaccreditation process, and approved honorary degrees for commencement. Several resolutions were passed, including the recognition of athletics programs and the retirement of the Director of Internal Audit. A closed session was held to discuss performance evaluations, legal matters, and fundraising, followed by an open session vote on institutional policy.

The multi-day meeting included committee meetings covering Buildings and Grounds, Athletics, Financial Affairs, Academic Affairs, Student Affairs, Honorary Degrees, Audit, Development and Alumni Affairs, and Public Affairs and Economic Development. Key discussions and actions included a report on sports, Provost's report on academic accomplishments, presentation of a new doctoral robe, adoption of multiple resolutions concerning faculty compensation, promotions, tenure confirmations, retirements, the 2002-2003 Operating Budget, Tuition and Fees Structure, and Declaration of Surplus Property. The Board also awarded honorary degrees, discussed the higher education bond campaign and grant funding for the Applied Science program, and appointed a new Secretary to the Board of Visitors after accepting the retirement of the previous Secretary. Discussions regarding Richard Bland College included retreat summaries and budget approvals.

The meeting involved committee sessions covering Richard Bland College, Financial Affairs, Academic Affairs, Development and Alumni Affairs, Student Affairs, Honorary Degrees, Audit, Public Affairs, Economic Development, Athletics, and Nominating matters. Key discussions included adopting a resolution in support of Governor Gilmore's appointees, a report on the College as a research university including faculty hiring processes, updates on Barrett Hall and the Residence Hall Program, and a student-led initiative regarding student body perceptions of the Board of Visitors. The Board also received an overview of the General Assembly and fundraising strategy, heard reports on sports and departmental projects, and discussed findings from a pro bono review of administrative policies by McKinsey & Company. Actions taken included the approval of several academic resolutions (tenure, promotions, leaves of absence), the awarding of honorary degrees, the election of Susan Magill as Vice Rector and Jeffrey McWaters as Secretary, and a motion to thank McKinsey & Company.