Caption: Board of Trustees Minutes - 1992
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UNIVERSITY OF ILLINOIS
committee to look beyond academic institutions and seek nominations of persons currently serving foundations or academically related agencies. Dr. Delia told the board members that he planned for the committee to complete the review process and to have winnowed the list of prospects to approximately 30 by the middle of December.
At 11:05 a.m., Professor Delia left the meeting and the other general officers joined the board members for a discussion of other items in executive session.
Authorization for Settlement Gleasman v. Gallant
(1) The university counsel has recommended that the board approve settlement of Gleasman v. Gallant in the amount of $150,000. The plaintiff alleges that plaintiff's decedent's conditions of coronary artery and ischemic heart disease were not treated appropriately, resulting in death of plaintiff's decedent. The vice president for business and finance concurs. I recommend approval.
By consensus, the trustees approved of the recommendation as submitted, formal action to be taken subsequently when the board convenes in open meeting.
EXECUTIVE SESSION RECESSED
It was then determined that the executive session should recess until other business of the board was completed.
MEETING OF THE BOARD AS A COMMITTEE OF THE WHOLE
The board reconvened as a meeting of the Committee of the Whole at 11:10 a.m. to receive Mr. Kenneth West, president of the University of Illinois Foundation, and Dr. B. A. Nugent, executive director of the Foundation. In introducing Mr. West and Dr. Nugent, President Ikenberry noted for the trustees that State funding for the University had decreased 33 percent in the past 20 years, while at the same time, private funding had increased remarkably just since 1979, to approximately $1 billion. He also indicated that Mr. West and Dr. Nugent were currently laying plans for a major campaign for additional gifts to the University. Mr. West reported to the board members that $100.9 million had been raised by the Foundation in the last fiscal year. No other public university raised more in this time period, and very few private universities achieved this. Mr. West noted that in planning for the new campaign, the Foundation had assembled lists of priorities, completed a feasibility study, and appointed a campaign planning committee. He also told the board