Arcadia 2025 Adaptive Strategy

Theme Four Strategic Goal #2: Creating Impactful Philanthropy and Strategic Finance

Revised September 8, 2020

Objective #1:

Support University Advancement Engagement Initiatives

Increase awareness about the power of communal giving and impact philanthropy through radical generosity.

Initiatives:

  • Execute the endowed scholarship match program
  • Restructure the Alumni Association/Leadership Council and Steering Committee; strengthen alumni engagement opportunities (volunteer, event, and philanthropic)
  • Implement a strong stewardship program to recognize donors at all levels
  • Offer philanthropic education to the community
  • Continue positive trajectory in annual giving and build a major gifts program

KPIs:

  • Unrestricted dollars raised (The Fund for Arcadia)
  • New or supplemental gifts closed to establish or enhance endowed scholarships for the Arcadia Financial Aid Initiative
  • Gifts of $25,000 or more
  • New prospective donors and visits to qualify, cultivate, and solicit
  • Educational sessions held

Timeline:

2-3 years

 

Objective #2:

Develop a Multi-Year University Budget Model

Develop a funding plan utilizing operational surpluses, redeployments, partnerships, new initiatives, philanthropy, investment, and debt to redeploy, cultivate, and grow the resources available to power strategic initiatives.

Initiatives:

  • Engage the campus community, leadership team, and Board in an integrated and transparent budget process
  • Develop a capital budget process

KPIs:

  • Revenue
  • Bond Covenants
  • Reduction in redundancy
  • Rate of funding for high priority initiatives (increase enrollments, maximize occupancy, and retain students)

Timeline:

6-9 months