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==Organization and administration== {{EB1911 poster|Virginia, University of|circa 1911 organization of the university}} The university has several affiliated centers including the [[Rare Book School]], headquarters of the [[National Radio Astronomy Observatory]], [[University of Virginia Center for Politics]], Weldon Cooper Center for Public Service, Sorensen Institute for Political Leadership, Institute for Advanced Studies in Culture, and [[Miller Center of Public Affairs]]. The [[Fralin Museum of Art]] is dedicated to creating an environment where both the university community and the general public can study and learn from directly experiencing works of different art. The university has its own internal recruiting firm, the Executive Search Group and Strategic Resourcing. Since 2013, this department has been housed under the Office of the President. In 2006, President Casteen announced an ambitious $3 billion capital campaign to be completed by December 2011.<ref>{{cite news |author=Kate Colwel |title=Campaign Moves Past Difficulties |url=http://www.cavalierdaily.com/article/2010/08/campaign-moves-past-difficulties/ |work=Cavalier Daily |date=August 23, 2012 |access-date=June 24, 2013 |url-status=dead |archive-url=https://web.archive.org/web/20131020201020/http://www.cavalierdaily.com/article/2010/08/campaign-moves-past-difficulties/ |archive-date=October 20, 2013 }}</ref> During the [[Great Recession]], President Sullivan missed the 2011 deadline, and extended it indefinitely.<ref>{{cite news |author=Wiley, Kevin |title=Oversized Check from Reality |url=http://www.insidehighered.com/news/2012/01/05/university-virginia-falls-short-3-billion-fund-raising-goal |work=[[Inside Higher Ed]] |date=January 5, 2012 |access-date=June 25, 2013 |url-status=live |archive-url=https://web.archive.org/web/20131021035941/http://www.insidehighered.com/news/2012/01/05/university-virginia-falls-short-3-billion-fund-raising-goal |archive-date=October 21, 2013 }}</ref> The $3 billion goal would be met a year and a half later, which President Sullivan announced at graduation ceremonies in May 2013.<ref>{{cite news |author=Lee Gardner |title=U. of Virginia Raises $3 Billion |url=http://chronicle.com/blogs/bottomline/u-of-virginia-raises-3-billion// |work=[[The Chronicle of Higher Education]] |date=May 21, 2013 |access-date=June 24, 2013 |url-status=live |archive-url=https://web.archive.org/web/20130611005603/http://chronicle.com/blogs/bottomline/u-of-virginia-raises-3-billion/ |archive-date=June 11, 2013 }}</ref> {{As of|2013}}, UVA's $1.4 billion academic budget is paid for primarily by tuition and fees (32%), research grants (23%), endowment and gifts (19%), and sales and services (12%).<ref name="UVAbudgetRevs">[http://www.virginia.edu/finance101/answers.html Financing the University 101] {{webarchive|url=https://web.archive.org/web/20141018074952/http://www.virginia.edu/finance101/answers.html |date=October 18, 2014 }}, accessed December 14, 2014</ref> The university receives 10% of its academic funds through state appropriation from the Commonwealth of Virginia.<ref name="UVAbudgetRevs" /> For the overall (including non-academic) university budget of $2.6 billion, 45% comes from medical patient revenue.<ref name="UVAbudgetRevs" /> The Commonwealth contributes less than 6%.<ref name="UVAbudgetRevs" /> UVA's endowment is among the highest among universities in the United States.<ref name="LargestEndowments">Sarah Wood. "[https://www.usnews.com/education/best-colleges/the-short-list-college/articles/10-universities-with-the-biggest-endowments 15 National Universities With the Biggest Endowments] {{Webarchive|url=https://web.archive.org/web/20210720170959/https://www.usnews.com/education/best-colleges/the-short-list-college/articles/10-universities-with-the-biggest-endowments|date=July 20, 2021}}". ''[[U.S. News & World Report]]'', October 2, 2023. Accessed March 23, 2024.</ref> As of 2013, the University of Virginia was one of only two [[public university|public universities]] in the United States that had a [[bond credit rating|Triple-A credit rating]] from all three major credit rating agencies.<ref>[https://news.virginia.edu/content/university-virginia-receives-top-bond-rating UVA Again Receives Top Bond Ratings] {{Webarchive|url=https://web.archive.org/web/20190501151808/https://news.virginia.edu/content/university-virginia-receives-top-bond-rating |date=May 1, 2019 }}, accessed May 1, 2019</ref> {| class="toccolours" style="float:right; margin-left:1em; font-size:90%; line-height:1.4em; width:300px;" ! colspan="2" style="text-align: center;" | UVA colleges and schools |- | '''College/school''' || '''Year founded''' |- | colspan="2" | ---- |- | [[University of Virginia School of Architecture|School of Architecture]] || 1954 |- | [[University of Virginia College of Arts & Sciences|College of Arts & Sciences]] || 1824 |- | [[University of Virginia Darden School of Business|Darden School of Business]] || 1954 |- | [[McIntire School of Commerce]] || 1921 |- | [[University of Virginia School of Continuing and Professional Studies|School of Continuing and Professional Studies]] || 1915 |- | [[School of Data Science]]|| 2019 |- | [[University of Virginia School of Education and Human Development|School of Education and Human Development]]|| 1905 |- | [[University of Virginia School of Engineering and Applied Science|School of Engineering and Applied Science]] || 1836 |- | [[University of Virginia School of Law|School of Law]] || 1819 |- | [[Frank Batten School of Leadership and Public Policy]] || 2007 |- | [[University of Virginia School of Medicine|School of Medicine]] || 1819 |- | [[University of Virginia School of Nursing|School of Nursing]] || 1901 |} Although UVA is the flagship university of Virginia, state funding has decreased for several consecutive decades.<ref name="CDstate">{{Cite web|url=https://www.cavalierdaily.com/article/2014/09/university-braces-for-likely-cuts-in-state-funds|archive-url=https://web.archive.org/web/20140908093211/http://www.cavalierdaily.com/article/2014/09/university-braces-for-likely-cuts-in-state-funds|title=University braces for likely cuts in state funds|archive-date=September 8, 2014|website=The Cavalier Daily β University of Virginia's Student Newspaper}}</ref> Financial support from the state dropped by half from 12 percent of total revenue in 2001β02 to six percent in 2013β14.<ref name="CDstate" /> The portion of academic revenue coming from the state fell by even more in the same period, from 22 percent to just nine percent.<ref name="CDstate" /> This nominal support from the state, contributing just $154 million of UVA's $2.6 billion budget in 2012β13, has led President Sullivan and others to contemplate the partial privatization of the University of Virginia.<ref name="WPpriv">[https://www.washingtonpost.com/local/education/u-va-should-break-some-ties-with-state-panel-says-in-preliminary-report/2013/09/11/e45cb586-1961-11e3-82ef-a059e54c49d0_story.html U-Va. should break some ties with state, panel says in preliminary report] {{webarchive|url=https://web.archive.org/web/20140908092526/http://www.washingtonpost.com/local/education/u-va-should-break-some-ties-with-state-panel-says-in-preliminary-report/2013/09/11/e45cb586-1961-11e3-82ef-a059e54c49d0_story.html |date=September 8, 2014 }}, accessed September 8, 2014</ref> UVA's Darden School and Law School are already self-sufficient. [[Hunter R. Rawlings III]], President of the prominent [[Association of American Universities]] research group of universities, came to Charlottesville to make a speech to university faculty which included a statement about the proposal: "there's no possibility, as far as I can see, that any state will ever relinquish its ownership and governance of its public universities, much less of its flagship research university".<ref name="WPpriv" /> He encouraged university leaders to stop talking about privatization and instead push their state lawmakers to increase funding for higher education and research as a public good.<ref name="WPpriv" />
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