Objective 1: Build alternative revenue and external funding streams.
Objective 2: Sustain and expand annual efforts to build total endowment.
Objective 3: Increase the use of data-driven decision-making to inform the establishment of fiscal priorities, the (re)allocation of available resources and the reporting of total expenditures.
Objective 4: Increase faculty knowledge and participation in ongoing discussions to establish priorities for resource allocation in accordance to overall college budget priorities and strategic planning goals.
Key Performance Indicators:
KPI 25 Total endowment to fund student scholarships
KPI 26 Grant support received from foundations, corporations, gifts and other external sources
KPI 27 Alumni giving rates
KPI 28 Efficiency strategies utilized by the college departments/units