Opening the meeting, University President William P. Leahy, SJ, described the 1999-2000 academic year as "a very good year for BC." He cited as indications of the University's continued ascendancy the increased quantity and quality of freshman applications, improvement in US News' graduate school rankings for the Law School, the Carroll School of Management and the Lynch School of Education, and an increase in fund raising revenues.
In addition, Fr. Leahy pointed to the hiring of several prominent faculty and administrators as "signs of the growing strength and reputation of the University." These recent appointments include: Carroll School of Management Dean Helen Frame Peters; Alberto Godenzi, incoming dean of the Graduate School of Social Work; Assoc. Prof. Mary Ann Hinsdale, IHM (Theology), director of the Institute for Religious Education and Pastoral Ministry; Deluca Professor Mark Muscavitch, new chairman of the Biology Department; and Director of Campus Ministry James Erps, SJ.
Trustee Marianne D. Short, substituting for Academic Affairs Chairman Thomas A. Vanderslice, reported that 37 permanent faculty members had been hired this year, including 14 senior faculty and seven AHANA faculty. More women were hired this year (21) than men (16) for the first time in University history, she noted. Short praised the Office of Undergraduate Admission for leading the University's rise to 38th place in the US News rankings thanks to increased admissions selectivity.
Trustee R. Michael Murray, chairman of the Finance and Audit Committee, said BC had experienced its 28th consecutive balanced budget, with its net assets at $1.34 billion, a 15 percent increase over 1999. He also reported that the University's endowment stands at $1.07 billion, a 17 percent increase over 1999.
Rev. Brian G. Paulson, SJ, chairman of the Student Life Committee, reported that in meetings with UGBC leadership, students had stated how much they value "contact outside of the classroom with professors who recognize how much they have grown as a result of their classroom interactions." Fr. Paulson said the students praised University programs such as Cornerstone, Capstone and PULSE as "intellectually affirming courses that represent BC as its best."
Development Committee Chairman Patrick Carney said the Ever to Excel Campaign had reached $236 million towards its goal of $400 million. He noted that Boston College has doubled reunion giving in the past five years and continues to run successful special events such as the Wall Street Dinner and Pops on the Heights which, he noted, raised $1.3 million for Boston College scholarships this year.
The board also welcomed as new members Peter W. Bell, Kathleen A. Corbert and Robert F. Cotter.
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