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Goal 5: Grow and Diversify Resources

Goal

Strengthen our relationships with funding partners by demonstrating relevant impact; diversify our sources of funding through entrepreneurship and new partnerships.

Strategies and Actions

Advocate

  • Identify and demonstrate relevant impact on stakeholders.
  • Inspire alumni and contacts to advocate for us.

Grow Philanthropy

  • Increase endowment and philanthropic giving.
  • Increase philanthropic participation by alumni.

Grow through Strategic Partnerships

  • Increase federally funded research by leveraging capacity for basic-translational-applied research and developing new strengths.
  • Expand funding partnerships with industry and private giving.

Encourage Entrepreneurial Activity

  • Pursue appropriate fee-for-service opportunities that align with our mission.

Outcomes/Metrics

  • Increase total gifts, pledges, and bequests.
  • Increase alumni giving rates.
  • Increase total extramural funding.
  • Increase amount of self-generated revenue.

Gifts, Pledges and Bequests

  • UT Foundation Report using campaign counting method and UTFI Metrics Formula: Cash, pledges and realized bequests
  • UTFI Metrics Formula:  5-year average MINUS episodic gifts greater than $3.5 million
  • PLUS 5% increase over the 5-year average.
2018 Baseline20192020 Target10 Year Goal
$15,300,000 $30,800,000$16,800,000$20,000,000
Fiscal Year

Metric Data Contact: Vice-Chancellor of Advancement

Alumni Participation Rate

UT Foundation Report using UTFI Alumni Engagement Metric.

2018 Baseline20192020 Target10 Year Goal
10.9%11.5%12.0%18%
Fiscal Year

Metric Data Contact: Vice-Chancellor of Advancement

Total Restricted Expenditures (3-yr average)+

The CBO will manually calculate this number using the data collected from the Statement of Balance Reports from the Treasurer’s office. FY 2018 – $47.2M

2018 Baseline20192020 Target10 Year Goal
$47,200,00$48,700,000$49,500,000$55,000,000
Fiscal Year

Metric Data Contact: Chief Business Officer

Sales and Services (Self-Generated)

Sales and services educational activities (unrestricted) totaled across units.

Note: This only includes sales and services (education activities), and organized educational activities.

Information will be based on IRIS reports and the CBO will calculate the average from these reports. FY 18 – $18.7M

2018 Baseline20192020 Target10 Year Goal
$18,700,000$21,200,000$9,700,000$13,200,000
Fiscal Year

Metric Data Contact: Chief Business Officer

Drive Discovery
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Expand Real Life Learning
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Deploy Solutions
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Deliver Programs
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Grow and Diversify
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