Minutes of December 14, 1998 Meeting



	The meeting convened at 2:07 p.m. in room 817 Cathedral of
Learning.

	UPBC members present were: Carolyn Ban, James Cassing, Jerome
Cochran, Richard Colwell, Van Beck Hall, Nathan Hershey, Arthur Levine,
James Maher, Carol Neuner, Richard Pratt, Arthur Ramicone, Alec Stewart,
Michael Stuckart, and Philip Wion. Also present were: Carol Carter,
Margaret Duronio, Jeffrey Liebmann, Jeffrey Masnick, and Robert Pack.
	UPBC members not present were: Mary Ann Barber, Frank Cassell,
Joel Cornfeld, Ingrid Glasco, Josephine Olson, Margaret Rechter, Ellen
Beam Rudy, Alyson Wallach, Susan Whitney, and Bruce Williams.

Approval of the Minutes

	The minutes of the November 19, 1998 UPBC meeting were approved.

Update on the University Capital Campaign

	Carter reported a 15% increase in University Annual Giving from FY
1997 to FY 1998, a major accomplishment for the first year of effort.  She
reported cash and pledges of $79.7 million as of June 30, 1998, which has
already risen to $126.6 million as of November 30, 1998.  Carter stated
that a large proportion of the gifts to date have come from foundations,
and that Institutional Advancement is focussing heavily on other sources,
such as major gifts and planning giving.  In particular, she cited
increasing the number of Chancellor's Circle donors (>$1,000/year) as a
priority. She added that final priorities of the campaign and the target
size are still being finalized, with the goal being to publicly announce
the campaign at Homecoming in the year 2000.

Update on Health Insurance Discussion

	Cochran reported that an advisory committee of administrators,
faculty, and staff are reviewing submissions from Highmark and UPMC for
one-year contracts to provide health insurance to University employees.
Based on initial presentations, health care costs could increase by an
estimated 5.7% in FY 2000.  However, the University is examining the
possibility of customizing coverages without any major changes to
coverages to keep costs level.  The goal is to conclude discussions in
February, 1999

	The meeting adjourned at 2:54 p.m.