Strategic Financial Advisory Committee
Revenue generation opportunities
- Develop a renewed emphasis and strategy for increasing the endowment and fundraising at all levels
- Leverage faculty participation in fundraising
- Better focus our investment in Development
- Reevaluate alignment of Development leadership and staff
- Expand international development opportunities
- Improve Development infrastructure (tools, messages, structures)
- Identify and remove barriers to collaborations and partnerships with outside enterprises
- Identify opportunities and create incentives to generate entrepreneurial collaborations and / or corporate sponsorships
- Evaluate opportunities to lease campus space and facilities to external users
- Assess opportunities to provide fee-based services to other SUNY / Academic institutions Examples include:
- Manage electronic products for libraries
- Payroll
- Assess opportunities to more fully utilize the campus during traditional off-periods (e.g., summer)
- Continue to develop strategies for increasing grant submissions
- Identifying traditional and non-traditional grant opportunities
- Greater support for developing grant proposals including statistical consults
- Mentoring new principal investigators
- Grant administration
- Seek opportunities to increase tuition revenue through a rational tuition policy, differential tuition and increased enrollment of international and out of state students
- Consider expanding international programs abroad
- Explore licensing and curriculum revenue opportunities
- Create practice plan equivalents for Nursing, Pharmacy, Social Work.
- Evaluate opportunities to increase university fees such as course , lab and student fees , UBF Services Fee (7% fee) , gift fees, and various service fees
- Create opportunities to grow revenues in Campus Dining & Shops and Housing
- Consider opportunities to increase Parking and Transportation revenues
- Evaluate Licensing and Trademarks and develop strategies for increasing revenues
