Financial Sustainability Working Group
Charge/Description: The Financial Sustainability Working group will conduct a SWOT analysis on the University’s capacity to maintain financial sustainability. The scope of this analysis will include but not be limited to:
- Revenue and Expense Budgeting for Capital and Operations
- Accounting and Reporting
- Operational Efficiency and Productivity
- University Foundation Partnerships
- Diversification of Revenue Streams
Financial Sustainability: A sustainable financial model means balancing the operating budget without using contingency funds or reserves beyond the spending policy. It means having revenue models that scale to the growth of expenses associated with operating an outstanding and vibrant academic enterprise positioned to engage the challenges and opportunities of our time.
Members:
- Mary Bolowski, Controller, Chair
- Jessica Adamo, Post-Award Coordinator, Grants and Sponsored Programs
- Robert McBride, Associate Vice President of Administration
- Bernard McSherry, Faculty, Business Administration
- Robert Piaskowsky, Director, Human Resources
- Jeanette Ramos-Alexander, Faculty, Business Administration (Fall 2011)
- Ivan Steinberg, Faculty, Economics
- Lorraine Summers, Director of Development
- Wilton Thomas-Hooke, Associate Vice President for Finance
Final SWOT: Financial Sustainability, Final SWOT document
|