Many CFOs try to solve budget deficits by taking larger draws on their endowment. This may be a short-term option, but it is not sustainable.
finance team
What Does Your Board Need To Know About UPMIFA?
UPMIFA (Uniform Prudent Management of Institutional Funds Act) guides charitable organizations on investment and endowment decisions.
Grief + Crisis Management = Transformational Change
When the pandemic began, I felt like a CBO (Chief Business Officer) without a university and a faculty member without a tenure track. On the faculty side, there was a sense of panic and loss. The challenges of teaching online, the inability to complete research projects, and the desire to see students learn weighed heavily. […]
Succession Planning with Intentionality
Have you noticed the number of open, high-level finance roles in higher education right now? Recently, I spoke with a recruiter charged with filling one of these high-level positions at a university. This recruiter echoed my clients’ thoughts about how hard it’s been to fill those roles. Why? Because there are simply not enough people […]