{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/23.1-101.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/23.1-101.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/23.1-101.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/23.1-101.html"}],"law_id":84777,"edition_id":1,"section_id":84777,"structure_id":13395,"section_number":"23.1-101","catch_line":"Endowment funds of public institutions of higher education","history":"Code 1950, \u00a7 9-65.14, \u00a7 23-252; 1952, c. 707, \u00a7 23-9.2; 1956, c. 390; 1970, c. 466; 1972, c. 524; 1974, c. 124; 1977, c. 597; 1981, c. 505; 1997, c. 367, \u00a7 23-253.7; 1998, cc. 589, 786, \u00a7 23-287; 2000, cc. 104, 125; 2003, c. 879; 2004, c. 650; 2005, c. 758; 2013, c. 480; 2016, c. 588.","full_text":"It is the public policy of the Commonwealth that:\n\n1\n\nEach public institution of higher education, the Frontier Culture Museum of Virginia, Gunston Hall, the Jamestown-Yorktown Foundation, the Science Museum of Virginia, and the Virginia Museum of Fine Arts shall be encouraged in their attempts to increase their endowment funds and unrestricted gifts from private sources and reduce the hesitation of prospective donors to make contributions and unrestricted gifts; and2\n\nConsistent with § 10 of Chapter 33 of the Acts of Assembly of 1927, in measuring the extent to which the Commonwealth shall finance higher education in the Commonwealth, the availability of the endowment funds and unrestricted gifts from private sources received by public institutions of higher education, the Frontier Culture Museum of Virginia, Gunston Hall, the Jamestown-Yorktown Foundation, the Science Museum of Virginia, and the Virginia Museum of Fine Arts shall neither be taken into consideration in nor used to reduce state appropriations or payments and shall be used in accordance with the wishes of the donors of such funds to strengthen the services rendered by these institutions to the people of the Commonwealth.","order_by":null,"text":{"0":{"id":303775,"text":"It is the public policy of the Commonwealth that:","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":"1"},"1":{"id":303776,"text":"Each public institution of higher education, the Frontier Culture Museum of Virginia, Gunston Hall, the Jamestown-Yorktown Foundation, the Science Museum of Virginia, and the Virginia Museum of Fine Arts shall be encouraged in their attempts to increase their endowment funds and unrestricted gifts from private sources and reduce the hesitation of prospective donors to make contributions and unrestricted gifts; and","type":"section","prefixes":["1"],"prefix":"1","entire_prefix":"1","prefix_anchor":"1","level":1,"prior_prefix":"","next_prefix":"2"},"2":{"id":303777,"text":"Consistent with § 10 of Chapter 33 of the Acts of Assembly of 1927, in measuring the extent to which the Commonwealth shall finance higher education in the Commonwealth, the availability of the endowment funds and unrestricted gifts from private sources received by public institutions of higher education, the Frontier Culture Museum of Virginia, Gunston Hall, the Jamestown-Yorktown Foundation, the Science Museum of Virginia, and the Virginia Museum of Fine Arts shall neither be taken into consideration in nor used to reduce state appropriations or payments and shall be used in accordance with the wishes of the donors of such funds to strengthen the services rendered by these institutions to the people of the Commonwealth.","type":"section","prefixes":["2"],"prefix":"2","entire_prefix":"2","prefix_anchor":"2","level":1,"prior_prefix":"1"}},"ancestry":[{"id":13395,"edition_id":1,"name":"General Provisions","identifier":"2","label":"article","depth":4,"order_by":1,"parent_id":13394,"metadata":{},"date_created":"2026-06-26 03:44:47","date_modified":"2026-06-26 03:44:47","permalink":{"id":184593,"object_type":"structure","relational_id":13395,"identifier":"2","token":"23.1\/I\/1\/2","url":"\/23.1\/I\/1\/2\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13394,"edition_id":1,"name":"Definitions and General Provisions","identifier":"1","label":"chapter","depth":3,"order_by":1,"parent_id":13393,"metadata":{},"date_created":"2026-06-26 03:44:47","date_modified":"2026-06-26 03:44:47","permalink":{"id":184585,"object_type":"structure","relational_id":13394,"identifier":"1","token":"23.1\/I\/1","url":"\/23.1\/I\/1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13393,"edition_id":1,"name":"General Provisions","identifier":"I","label":"subtitle","depth":2,"order_by":1,"parent_id":13111,"metadata":{},"date_created":"2026-06-26 03:44:47","date_modified":"2026-06-26 03:44:47","permalink":{"id":184583,"object_type":"structure","relational_id":13393,"identifier":"I","token":"23.1\/I","url":"\/23.1\/I\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13111,"edition_id":1,"name":"Institutions of Higher Education; Other Educational and Cultural Institutions","identifier":"23.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:44:18","date_modified":"2026-06-26 03:44:18","permalink":{"id":184581,"object_type":"structure","relational_id":13111,"identifier":"23.1","token":"23.1","url":"\/23.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":84777,"structure_id":13395,"section_number":"23.1-101","catch_line":"Endowment funds of public institutions of higher education","url":"\/23.1-101\/","token":"23.1\/I\/1\/2\/23.1-101","metadata":false},{"id":77600,"structure_id":13395,"section_number":"23.1-102","catch_line":"Chief executive officer of each public institution of higher education; duties","url":"\/23.1-102\/","token":"23.1\/I\/1\/2\/23.1-102","metadata":false},{"id":54364,"structure_id":13395,"section_number":"23.1-102.1","catch_line":"Executive officers; salaries","url":"\/23.1-102.1\/","token":"23.1\/I\/1\/2\/23.1-102.1","metadata":false},{"id":83553,"structure_id":13395,"section_number":"23.1-103","catch_line":"Localities; conveyance of property and appropriation of funds to Commonwealth for certain educational purposes","url":"\/23.1-103\/","token":"23.1\/I\/1\/2\/23.1-103","metadata":false},{"id":76250,"structure_id":13395,"section_number":"23.1-104","catch_line":"Disposition of lost or abandoned property","url":"\/23.1-104\/","token":"23.1\/I\/1\/2\/23.1-104","metadata":false},{"id":62159,"structure_id":13395,"section_number":"23.1-105","catch_line":"Contracts with certain nonprofit private institutions of higher education","url":"\/23.1-105\/","token":"23.1\/I\/1\/2\/23.1-105","metadata":false},{"id":61233,"structure_id":13395,"section_number":"23.1-106","catch_line":"Formation of not-for-profit benefits consortium","url":"\/23.1-106\/","token":"23.1\/I\/1\/2\/23.1-106","metadata":false},{"id":68499,"structure_id":13395,"section_number":"23.1-107","catch_line":"Private institutions of higher education; human research review committees","url":"\/23.1-107\/","token":"23.1\/I\/1\/2\/23.1-107","metadata":false},{"id":72038,"structure_id":13395,"section_number":"23.1-108","catch_line":"Foundations; annual reporting requirements","url":"\/23.1-108\/","token":"23.1\/I\/1\/2\/23.1-108","metadata":false},{"id":70104,"structure_id":13395,"section_number":"23.1-109","catch_line":"Public-private partnerships; wind and solar power","url":"\/23.1-109\/","token":"23.1\/I\/1\/2\/23.1-109","metadata":false},{"id":57349,"structure_id":13395,"section_number":"23.1-110","catch_line":"Medical schools to report information concerning fourth-year medical students to the Department of Health; Eligible Health Care Provider Reserve Directory","url":"\/23.1-110\/","token":"23.1\/I\/1\/2\/23.1-110","metadata":false}],"next_section":{"id":77600,"structure_id":13395,"section_number":"23.1-102","catch_line":"Chief executive officer of each public institution of higher education; duties","url":"\/23.1-102\/","token":"23.1\/I\/1\/2\/23.1-102","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/23.1-101\/","history_text":"

The record of this law\u2019s original creation isn\u2019t available online. It has been modified 15 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1952, chapter 707; in 1956, chapter 390; in 1970, chapter 466; in 1972, chapter 524; in 1974, chapter 124; in 1977, chapter 597; in 1981, chapter 505; in 1997, chapter 367<\/a>; in 1998, chapters 589<\/a> and 786<\/a>; in 2000, chapters 104<\/a> and 125<\/a>; in 2003, chapter 879<\/a>; in 2004, chapter 650<\/a>; in 2005, chapter 758<\/a>; in 2013, chapter 480<\/a>; in 2016, chapter 588<\/a>.<\/p>","references":[{"id":70079,"section_number":"10.1-2011","catch_line":"Acceptance of gifts; expenditures; certain powers of educational institutions to apply","order_by":null,"url":"\/10.1-2011\/"},{"id":56640,"section_number":"23.1-1006","catch_line":"Management agreement; contents and scope","order_by":null,"url":"\/23.1-1006\/"},{"id":73656,"section_number":"23.1-3203","catch_line":"Duties of the board","order_by":null,"url":"\/23.1-3203\/"},{"id":71479,"section_number":"23.1-3205","catch_line":"Powers of the Board of Regents","order_by":null,"url":"\/23.1-3205\/"},{"id":78041,"section_number":"30-133","catch_line":"Duties and powers generally","order_by":null,"url":"\/30-133\/"},{"id":67423,"section_number":"42.1-1","catch_line":"The Library of Virginia","order_by":null,"url":"\/42.1-1\/"}],"refers_to":false,"permalink":{"id":184595,"object_type":"law","relational_id":84777,"identifier":"23.1-101","token":"23.1\/I\/1\/2\/23.1-101","url":"\/23.1-101\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/23.1-101\/","token":"23.1\/I\/1\/2\/23.1-101","dublin_core":{"Title":"Endowment funds of public institutions of higher education","Type":"Text","Format":"text\/html","Identifier":"\u00a7 23.1-101","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

It is the public policy of the Commonwealth that:<\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> Each public institution of higher education<\/span>, the Frontier Culture Museum of Virginia, Gunston Hall, the Jamestown-Yorktown Foundation, the Science Museum of Virginia, and the Virginia Museum of Fine Arts shall be encouraged in their attempts to increase their endowment funds and unrestricted gifts from private sources and reduce the hesitation of prospective donors to make contributions and unrestricted gifts; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> Consistent with § 10 of Chapter 33 of the Acts of Assembly of 1927, in measuring the extent to which the Commonwealth shall finance higher education in the Commonwealth, the availability of the endowment funds and unrestricted gifts from private sources received by public institutions of higher education, the Frontier Culture Museum of Virginia, Gunston Hall, the Jamestown-Yorktown Foundation, the Science Museum of Virginia, and the Virginia Museum of Fine Arts shall neither be taken into consideration in nor used to reduce state appropriations or payments and shall be used in accordance with the wishes of the donors of such funds to strengthen the services rendered by these institutions to the people of the Commonwealth. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nENDOWMENT FUNDS OF PUBLIC INSTITUTIONS OF HIGHER EDUCATION (\u00a7 23.1-101)\n\nIt is the public policy of the Commonwealth that:\n\n1. Each public institution of higher education, the Frontier Culture Museum of\nVirginia, Gunston Hall, the Jamestown-Yorktown Foundation, the Science Museum of\nVirginia, and the Virginia Museum of Fine Arts shall be encouraged in their\nattempts to increase their endowment funds and unrestricted gifts from private\nsources and reduce the hesitation of prospective donors to make contributions\nand unrestricted gifts; and\n\n2. Consistent with § 10 of Chapter 33 of the Acts of Assembly of 1927, in\nmeasuring the extent to which the Commonwealth shall finance higher education in\nthe Commonwealth, the availability of the endowment funds and unrestricted gifts\nfrom private sources received by public institutions of higher education, the\nFrontier Culture Museum of Virginia, Gunston Hall, the Jamestown-Yorktown\nFoundation, the Science Museum of Virginia, and the Virginia Museum of Fine Arts\nshall neither be taken into consideration in nor used to reduce state\nappropriations or payments and shall be used in accordance with the wishes of\nthe donors of such funds to strengthen the services rendered by these\ninstitutions to the people of the Commonwealth.\n\nHISTORY: Code 1950, \u00a7 9-65.14, \u00a7 23-252; 1952, c. 707, \u00a7 23-9.2; 1956, c.\n390; 1970, c. 466; 1972, c. 524; 1974, c. 124; 1977, c. 597; 1981, c. 505; 1997,\nc. 367, \u00a7 23-253.7; 1998, cc. 589, 786, \u00a7 23-287; 2000, cc. 104, 125; 2003, c.\n879; 2004, c. 650; 2005, c. 758; 2013, c. 480; 2016, c. 588.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}