Build Financial Understanding

YellowYield (1)

January 2017

This objective which focuses on ensuring a clear understanding of financial priorities and revenue margins among faculty, staff, and administration includes budget manager training as its primary initiative. This objective is coded yellow.

For other goals and accomplishments related to this objective, see below.

Build Strategic Financial Understanding

Build Strategic Financial Understanding

  • Create, foster and grow a culture of philanthropy at Malone University that increase constituent support and participation, and generates significantly larger donor pools, gift revenue and a dramatic increase in Heritage Society (Estate and Planned Giving) participation
  • Ensure a clear understanding of financial priorities and revenue margins amount faculty, staff, and administration: development, retention, enrollment, budget. Choose key rubrics and make the scorecard visible [Measure: Reduction in percentage of budget managers over budget at month end. Budget reconciliation project (BO monthly) % participation in employee giving; % employee participation in lead generation for advancement] [Financial scorecard is not visible on the website]

Previous Quarterly Updates

July 2016

This objective, which focuses on ensuring a clear understanding of financial priorities and revenue margins among faculty, staff, and administration includes budget manager training as its primary initiative. This objective is coded yellow. While initial phases of budget manager training has occurred, there are further opportunities for increasing understanding.