THE ABCs: CASH FLOW
STATEMENT OF FACTS
KSU is experiencing flat-line revenue with increasing expenses.
Cost-containment is only one component of cash flow.
Unconventional efforts are required during extraordinary times.
STRATEGIES FOR RESOLUTION
Maintain fiscal discipline (i.e., acknowledging critical needs)
Incentivize enrollment growth (e.g., tuition price, discounting)
Reconsider the annual giving campaign model
Assess administrative structure and auxiliary agreements
Create opportunities for initial, systematic, and extravagant gifts
Establish online/digital giving footprint (e.g., text-to-give)
Invite corporate attention via in-kind giving
Identify business partnerships that off-set regular expenses
Design transformative grant opportunities for foundations
Agitate around Title III-B funding (or FIPSE)