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Presidents are also more involved in fundraising than ever, complicating their leadership roles. Fundraising has also become such a central part of the president’s role. Brit Kirwan 18:23 You and I both do continuingeducation for governing boards. Well, you can imagine faculty members don’t like that.
As we noted in earlier blogs, this expertise should include key areas such as finance, human resources, fundraising, marketing, law, technology, strategic planning, and international affairs. Boards are facing the increasing need to expand the expertise of its members, who then can serve in a consultant role for the board and the institution.
Alumni love their school , and they regularly show it by contributing greatly to their alma mater’s fundraising campaigns. Bolster continuingeducation opportunities The most important partnership may be between the alma mater and alumni. Just ask Boise State University and Furman University (S.C.)
Some schools have, like Arizona State with its vertical research track, vertical teaching track, and continuingeducation lifelong learning track. Loyalty” should not be based on fundraising. The higher ed fundraising model is broken since it essentially involves asking graduates to donate because they graduated.
The institutions need to be diligent about the old fundraising plans that are tried and true but also find new and creative revenue streams. Since classrooms are typically available in the evenings or weekends, it is also an opportunity to offer continuingeducation or professional development courses that coordinate with area businesses.
In addition to being an educational institution, campuses’ other functions loomed ever larger, as expenditures on fundraising, research, and technology escalated. To raise revenue, campuses became more entrepreneurial, expanding continuingeducation, offering summer programs, renting campus space, and more.
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