The University of Virginia today announced the history of the strategic fund that will provide transformational investments in the quality of a UVA education, of its research and of its health care services without relying on tuition or tax dollars.

Authorized by the Board of Visitors in February, the Strategic Investment Fund, currently valued at more than $2 billion in principal funds, could result in as much as $100 million invested annually in initiatives with the highest promise to significantly improve the University and enhance quality and access for students. These investments will align with strategic priorities of the Academic Division’s Cornerstone Plan and the Medical Center Strategic Plan and will be consistent with the University’s long-term financial plan and Affordable Excellence initiative.