Resolution Endorsing Philanthropy Review Recommendations

Kentucky State University engaged the Benefactor Group, a nationally recognized philanthropic consulting firm, to conduct a Philanthropy Review of the University's advancement and fundraising efforts. The purpose of the review was to identify opportunities to strengthen philanthropic operations, enhance alumni and donor engagement, and align fundraising practices with institutional priorities and best industry practices.

As part of the review, the Benefactor Group held a series of meetings with internal and external stakeholders. These included Kentucky State University staff, the Kentucky State University Thorobreds Foundation, Inc. (KSUTF) Board of Trustees, and the President and some officers of the Kentucky State University National Alumni Association (KSUNAA). Despite outreach, the Kentucky State University Foundation, Inc. (KSUF) leadership did not respond or participate in the governance review process; however, some members of their Board of Trustees did participate in the feasibility study portion.

The final report submitted by the Benefactor Group includes a set of actionable recommendations aimed at building a more coordinated, transparent, and effective fundraising structure and policies that reflect the needs of the University and its supporters.

Any additional resources allocated for the Office of Institutional Advancement and External Relations will be shared with the Board of Regents and will be included in the annual budget.

President Koffi C. Akakpo recommends the Board of Regents approve this resolution endorsing the philanthropy review recommendations.

Approve the resolution authorizing Dr. Akakpo and his administration to enact as many of the recommendations presented by the Benefactor Group that are financially prudent this fiscal year and in the upcoming fiscal years.