Board of Governors, September 28, 2000 - APPENDIX VIII



1. Statement of Financial Transactions for the Year Ended April 30, 2000 - McIntosh Estate

Recommended: That the Board approve the statement of financial transactions (Annex 1) for the year ended April 30, 2000, in respect to income received by The University of Western Ontario from the McIntosh Estate.

Expenditures during the year amounted to $6,709.50 out of a budget of $14,700.00 and the balance as of April 30, 2000 was $8,098.44. Income for 2000-2001 is expected to be $8,800.00.

2. Appropriations for the Year Ending April 30, 2001

Recommended: That the Board approve appropriations from the McIntosh Estate funds for the year ending April 30, 2001, as follows (details are shown in Annex 2):

I. Prizes and Scholarships

- Geography $1,050

- Business Administration $1,100

- Public Speaking $1,870

II. Promotion of Music $8,440

Pictures $4,400

TOTAL $16,860

3. Terms for Renewal of Members-at-Large

Recommended: That the terms of the following members-at-large be renewed: Dalin Jameson, Ian Tripp and Dino Bidinosti.

The composition of the McIntosh Gallery Committee includes up to 6 members at large, appointed by the Board of Governors upon nomination by the McIntosh Gallery Committee. Membership terms are one year, renewable.


1. Size and Value of the University Art Collection

The size and value of the University Art Collection as of December 31, 1999 is as follows:

Number of works in Collection 2,627

Appraised value for insurance $8,280,613

A list of works acquired in 1999 is available on file in the McIntosh Gallery offices, McIntosh Gallery.

2. Report of the Director

The Director presented her annual report to the Committee for its information. Copies are available on request from her Office.