Theme 5

Building the Financial Foundation

II. JUDICIOUS STEWARDSHIP

Act of Determination 7 -- Endowing Research Centers

Research centers are now being assessed for operational and strategic effectiveness. This assessment includes whether the current centers are needed, how efficiently they are being operated, and whether new centers are needed. Any operational savings from dismantling an existing center will be reinvested into other programs. The operational savings resulting from the endowment of any existing or new centers in the coming decade will be reinvested into other non-endowed centers or related programs.

Action Step:
  • By Fall 2014 for each endowed center, the Dean will secure an agreement from the Provost to allow reinvestment of these operational monies back into other centers or toward new staff lines.