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President Reveley says Longwood on track for strong fundraising year, urges tabling debt policy
Summary
President W. Taylor Reveley IV told the Board Longwood is on a fundraising upswing, said the university is on track to raise $100 million in the 2020s and recommended tabling a debt-management policy vote until June for final revisions.
President W. Taylor Reveley IV opened remarks by placing the university’s current work in a long historical view, noting institutional anniversaries and recent momentum on admissions and philanthropy. He told the Board that Longwood is “on track to raise $100 million in the 2020s,” characterizing the development outlook as the strongest the university has seen.
Reveley also recommended postponing a vote on the Board’s draft debt-management policy until the June meeting to allow final revisions. That recommendation was incorporated into the consent agenda discussion; the Board ultimately approved the consent agenda as amended in open session.
