Friday, February 8, 2019
University Foundation :: University Foundation Education Essays
University Foundation The initiation I choose to summarize is Greg Gissendanners presentation on the university invertebrate foot. Like most of the other presentations in class, Greg utilise the shopworn outline of presenting the units history, mission, organizational structure, funding and financial concerns, and reliable issues. History. Greg showed that objet dart many substructures pay heed fairly similar today, the history of foundation development took on many different forms at different institutions. Gregs primary examples of Harvard and Rutgers comparisond stories of how each foundation got its start with early donations (in a inappropriate currency) as well as donations of other types those that we might name in-kind today. These donations of materials and labor were instrumental in getting these two institutions the boost they requisite for their continuing growth. Mission. Greg went on to define a shared mission controversy of uni versity foundations in general. This shared mission, securing gifts and grants, maximizing donor interest and commitment, and distribution of gifts to the university community, came from atomic number 23 specific mission statements which Greg then shared with the class. These individual mission statements while variable, all seemed to contain this shared definition within them even though they came from a variety of large public institutions. It would have been interesting to compare these with the mission of some smaller publics and also private institutions. Organizational Structure. Greg used a nice technique to discuss the organization structures of university foundations. Instead of incisively showing several examples, he asked the class to take a look at two universities which he had outlined some basic characteristics such as enrollment, location, cost of tuition, age of institution and natural endowment. He then asked us how we thought each of their founda tions would be organized. It was a good tactic to spend a penny us think about what factors might affect the organization of a foundation and why. He went on to give details and his own explanation of why the foundations were organized the way they were.Funding and Financial Concerns. Next Greg discussed how the university foundation is typically funded. He explained that the foundation typically has five funding streams, endowment management fees, unrestricted gifts, gift fee, investment income fee, and a university services fee.