Board of Governors EXHIBIT VIII - September 27, 2001

REPORT OF THE McINTOSH GALLERY COMMITTEE

FOR APPROVAL

1.  Appointment of Members -at-Large to the McIntosh Gallery Committee

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.

Recommended: That Marilyn Kertoy be appointed and that Dalin Jameson, Ian Tripp and Dino Bidinosti be reappointed to the McIntosh Gallery Committee for terms ending October 31, 2002.

FOR INFORMATION

1.  Purchase of Art

There were no purchases of art during the 2000/01 fiscal year, although the Gallery did accept donations of works of art. For the year ended April 30, 2001, $4,400 was allocated for the purchase of art from the McIntosh Estate funds for "pictures". Of this, $2301 was used for upkeep of the McIntosh Gallery building, as permitted under the terms of the McIntosh will. The unexpended amount will be carried forward for use in the 2001/02 fiscal year. (See Annex 1 for details.)

2. Appropriations for the Year Ending April 30, 2002

The McIntosh Gallery Committee has approved appropriations from the McIntosh Estate funds for the purchase of art objects for the year ending April 30, 2002, shown below. These funds shall be administered in accordance with the terms of reference governing such funds. (See details in Annex 1.)

I. Prizes and Scholarships
- Geography                               
- Business Administration        
- Public Speaking

$815
$825
$1,190
II. Promotion of Music
Pictures
$9,260
$5,595
TOTAL $17,685

3. Size and Value of the University Art Collection

The size and value of the University Art Collection as of December 31, 2000, is as follows:

Number of works in the Collection              2,675
Appraised value for insurance                   $9,065,689

A list of works acquired in 2000/01 is available on file in the McIntosh Gallery offices.

4. Report of the Director

The Director of the McIntosh Gallery presented her report to the Committee in July 2001. A copy may be obtained on request.

 


Board of Governors EXHIBIT VIII - September 27, 2001                                                                Annex 1

 

W.M. McINTOSH ESTATE
MAY 1, 2001 - APRIL 30, 2002

Unexpended Balance (Deficit)
April 30, 2001

Estimated Receipts Canada Trust
May 1, 2001 -
April 30, 2002

Estimated Funds Available
May 1, 2001 -
April 30, 2002

Approved
Budget
2001/02

Prizes & Music

Geography

(58.13)

875.00

816.87

815.00

Business

(46.45)

875.00

828.55

825.00

Public Speaking

316.59

875.00

1,191.59

1190.00

Promotion of Music

8,386.43

875.00

9,261.43

9,260.00

Pictures

2,099.11

3,500.00

5,599.11

5,595.00

TOTALS

10,697.55

7,000.00

17,697.55

17,685.00