The SRA Symposium - College of Medicine
The SRA Symposium - College of Medicine
The SRA Symposium - College of Medicine
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
sponsored programs <strong>of</strong>fices have very small infrastructure and capacity relative to the external<br />
resources available and to the effort required to acquire needed external resources. Also note that<br />
a large amount <strong>of</strong> money and resources available to higher education institutions may not be available<br />
to many MSIs as it relates to required institutional infrastructure and capacity. Information<br />
and materials are presented in this paper that addresses the acquisition and management <strong>of</strong> money<br />
and resources for MSI research and sponsored programs administrators and presidents.<br />
GENERATING RESOURCES<br />
Papers<br />
Every job description for a President, Chancellor, or Chief Executive Officer <strong>of</strong> an institution <strong>of</strong><br />
higher education (IHE) contains language that requires the president to lead the effort to raise<br />
money. Bringing in resources and managing these resources are key responsibilities <strong>of</strong> a presidency.<br />
For new presidents, this requirement may be somewhat overwhelming. Yet accepting a<br />
presidency means that you understand and can do the job. In most instances, the responsibility <strong>of</strong><br />
acquiring and managing research and externally sponsored funds and gifts, donations, and fund<br />
raising is assigned to the research or sponsored programs administrator and development <strong>of</strong>fices,<br />
respectively.<br />
Obtaining external funds is never easy, especially for MSIs. As financial support from state and<br />
federal sources declines, IHEs must become successful at finding other sources <strong>of</strong> funds, thus, the<br />
need for fundraising. IHEs cannot continue to rely on tuition increases to keep the doors open,<br />
build strong programs, provide comprehensive quality student services, and keep up with the<br />
competition. Without new dollars, IHEs, specifically a large number <strong>of</strong> MSIs, will be at a disadvantage<br />
in recruiting students, attracting and retaining high quality faculty, and in general, maintaining<br />
the quality standards <strong>of</strong> their institutions.<br />
Successful student enrollment information may be provided by Noel Levitz regarding student access,<br />
recruitment, retention, graduation, and customer service. <strong>The</strong> web site is http://www.noellevitz.com.<br />
Foundation and philanthropic resources may be identified by accessing <strong>The</strong> Foundation<br />
Center at http://fdncenter.org or http://fdncenter.org/funders/. Federal agency resources may be<br />
identified by accessing www.grants.gov; federal legislative branch information may be accessed at<br />
http://www.firstgov.gov; the U.S. Senate may be accessed at http://www.senate.gov/senators/index.<br />
cfm; the U.S. House <strong>of</strong> Representatives may be accessed at http://www.house.gov/house/Tying_it_<br />
all.html.<br />
<strong>The</strong> United States Department <strong>of</strong> Education Center for Education Statistics indicates that grants,<br />
cooperative agreements and other sources <strong>of</strong> federal funds represent a significant portion <strong>of</strong> the<br />
operating budgets <strong>of</strong> HBCUs nationwide. However, private gifts represent one-fourth less than<br />
federal funds; hence there is an apparent need for HBCUs to increase private giving. Statistics for<br />
HBCUs, for example, indicate operating budgets <strong>of</strong> approximately 25.5% from tuition and fees,<br />
21.6% from the federal government, 24.8% from state government, 2.7% from local government,<br />
5.8% from private gifts, grants, and contracts, 0.8% from endowment income, 17.9% from sales<br />
and services, and 1.9% from other sources. While the need for private gifts is evident, it is less easy<br />
to identify the sources <strong>of</strong> private gifts for which HBCUs nationwide may compete. Succinctly, the<br />
majority <strong>of</strong> the private gifts given to colleges are from individuals (alumni). Further, when the<br />
private gifts are not from alumni, they are from community residents who have an interest in the<br />
local HBCU community. Thus it is impracticable to define a useful database from which HBCUs<br />
may solicit private gifts. However, it is interesting to note that through the new Kresge HBCU<br />
Initiative, Kresge is attempting to encourage private gifts to HBCUs by giving national recognition<br />
to individuals who make significant contributions to HBCUs.<br />
2005 <strong>Symposium</strong> Proceedings Book 45