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JLARC calls for governing changes at VCU Health
After a failed development deal and a nearly $80 million payout, VCU Health needs to change the way it is governed, the Virginia General Assembly‘s investigative body declared Wednesday. Virginia Commonwealth University‘s president has too much room to influence the health system’s operations, the Joint Legislative Audit & Review Commission (JLARC) found. State lawmakers dire[...]
CoStar makes $18M pledge to VCU for arts building
CoStar Group, the Washington, D.C.-based real estate data analytics company with a large presence in Richmond, has committed to give $18 million to Virginia Commonwealth University to build an arts and innovation academic building in Richmond, the company announced Friday. The building, which will tentatively be named the CoStar Center for Arts and Innovation, will […]
VCU receives $104M gift for liver research
Dr. Richard Todd Stravitz and his family’s Barbara Brunckhorst Foundation gave an unprecedented $104 million donation to Virginia Commonwealth University to support liver research, VCU President Michael Rao announced Tuesday during his State of the University address. The largest gift in VCU’s history, it’s also believed to be the largest publicly shared gift to support […[...]
VCU president to chair American Council on Education
Michael Rao, president of Virginia Commonwealth University, has been elected chair of the American Council on Education Board of Directors, the council announced Tuesday. Rao, VCU‘s fifth president, has been at the helm of the university — and VCU Health System — since 2009. He was selected as ACE’s chair Tuesday during ACE’s business meeting […]
