From
the President
As I prepare my final president's
letter for the year, I thought it might be helpful
to provide a perspective on what EACUBO's
goals and objectives were for the 2003-2004 year,
and then give a sense of the accomplishments we
have reached. Of course there is much more information
available on all of these, through the website,
prior issues of the newsletter, and in the Annual
Report information prepared by each committee, but
this overview gives a general sense of the areas
of progress for the year, and the challenges that
lie ahead!
As a brief reminder, EACUBO's Mission is "to
promote effective and ethical business and financial
administration in colleges and universities in the
Eastern Region, in support of the instructional,
research, and public service missions of higher
education." The specific goals and objectives
identified for this year follow, with accomplishments
noted.
2003-2004 Goals & Objectives
Goal 1: Provide the membership with timely,
relevant, high quality professional development
opportunities.
Objective #1: Provide the necessary resources
and support to allow committee activities to align
effectively with EACUBO goals and objectives, by
building on existing structures (such as the Board
liaisons, and the ongoing support work provided
to APCs), and creating new tools to advance this
goal, such as continuing to expand the Committee
Chair transition process.
Accomplishments: in addition to continuing
to support committee chairs as they pass on information
to the following year's chair, the EACUBO
web-site has been dramatically enhanced, now providing
easy access to the Operations Manual, the capacity
to post minutes of all Committee meetings for access
by interested parties, and the ability for all EACUBO
participants to update their own contact information,
so that committee lists are current, and members
are easily reached. Board Liaisons continued to
work with their individual Committee assignments,
so that information was passed more smoothly, and
committees had somewhere to go with questions.
Objective #2: Support the role of the
Programming Council to further the professional
development objectives of EACUBO. Continue to identify
appropriate topics of professional development to
be presented at local, regional and national levels
and duplicate, coordinate and schedule appropriately
for our membership. Coordinate offerings, when possible,
with NACUBO activities.
Accomplishments: the APC committee continued
to work on providing satellite-broadcast programming
each spring, so that local APCs could structure
their spring meeting around a high-profile speaker
available to all via satellite downlink. By working
with the ACUBO initiative, EACUBO now has access
to a web-broadcast software product, and available
funds for providing professional support to any
group or committee that wishes to use the tool for
professional development programming. Also through
the ACUBO initiative, a marketing survey was completed
for all four regions and NACUBO, providing much
additional information on what PD offerings are
most valuable to members. And it included a survey
of non-members, in order to better understand ways
in which we could meet the needs of those who do
not currently participate with us.
Objective #3: Continue to enhance the
use of technology to further the professional development
and other objectives of EACUBO, including through
the website, the HedE job postings, and the use
of MRA's iPlan, as well as the new distance
learning tool being developed as an ACUBO initiative.
Accomplishments: as noted above, the website
enhancement has made enormous strides, and the distance
learning web-broadcast tool is now available via
ACUBO. The HEdE job posting area on the EACUBO website
now has a sponsoring entity, so that the cost of
posting jobs has been able to be reduced significantly,
and the number of posting has significant increased.
iPlan continues to be an important tool for the
Annual Meeting and Annual Workshop committees, and
we are actively working with MRA on providing additional
manual/help information for new users.
Goal II: Maintain an active membership
that reflects diversity in the size and type of
institution in our region.
Objective #1: Provide guidance on committee
memberships and recruitment so that volunteers reflect
the membership base and increase their effectiveness
to the organization, and support the work of individual
committees to provide services to their constituents,
such as the Large Institution Committee's
hot topics, the Small College listserv, the Member
Services mentoring project, etc.
Accomplishments: The Committee appointments
process this year included a large number of volunteers,
and allowed for committees to be appropriately staffed
with the mix of members that would best serve that
Committee's needs. We have also started a
review of the Operations Manual indications of committee
size in order to ensure that each committee is sized
to accomplish its goals, particularly as we enhance
the support available through services such as MRA
and Conferon.
Goal III: Promote communication, coordination
and cooperation among members, regions and with
NACUBO.
Objective #1: Support the orientation
process for new Board members and committee leadership
to increase their effectiveness and ensure greater
alignment with EACUBO objectives, as well as providing
written guidance to committee members, chairs, etc.
Accomplishments: The Board orientation
process continues to evolve, as well as the engagement
of chairs and vice chairs throughout the year at
the board retreats, and through committee conference
calls, etc.
Goal IV: Ensure that EACUBO's organizational
structure and financial resources are adequate
to fulfill our mission.
Objective #1: Continue to match resource
allocation to the EACUBO goals and objectives to
ensure the attainment of desired outcomes.
Accomplishments: The work with the ACUBO
initiative in the marketing survey that has been
completed, and the work on the curriculum development
front that will shortly begin, both ensure that
we have a robust understanding of members' needs,
so that we can use our resources to best advantage.
It has been an honor and a pleasure to serve as
the EACUBO President this year. I hope to see all
of you at the Annual Meeting, and I thank in particular
Terry Sampson, the immediate Past President, and
Yoke San Reynolds and Don Aungst, the incoming President
and First Vice President, respectively, for all
of their help and support throughout this year.
And thank you to each of you for providing the interest
and support and volunteer initiative that makes
EACUBO possible!
From
the Editor
This issue of the newsletter comes
to you electronically. There is no printed version
- unless you choose to download your own. One of
the advantages is that we can get it to you quicker
- no need for printer's proofs, no snail mail
delay. On the other hand, it's not clear the
extent the whole newsletter is read versus a printed
version. At least this year, going to an electronic
issue was the plan. Last year, we suddenly went "electronic" when
it became necessary to shift the annual meeting
from Toronto to Baltimore due to the SARS scare,
all of which happened after the Spring edition had
already been printed but fortunately not mailed.
* * * * * * * * * * * *
At the end of August, the Chronicle of Higher Education
published its annual Almanac Issue for 2004 - 5.
I always find it interesting and though I would
share some of the significant items from it that
pertains to the Eastern Association of College and
University Business Officers.
In the thirteen states plus the District of Columbia
- from Maine to Virginia - that make up the principal
geographic portion of the Eastern Association, there
are 916 colleges and universities (excluding for-profit).
(2002-2003 data) Of this number, well over half
are private - 556 private versus 360 public. Pennsylvania,
New York, and Massachusetts have an overwhelming
portion that are private. In fact, Massachusetts
has 83 private institutions out 114 total with enrollment
of 238,000 in those schools and 186,000 in public
institutions. However, in terms of enrollment (2001
data) in the entire EACUBO area, about 60 percent attend
public institutions.
Of the top 50 in the country with the largest enrollments,
only six are in our territory and only one of which
- NYU - is private. At the same time, half of the
top 50 with the largest endowments are part of the
EACUBO roster.
So what, you ask?? What dominates the Eastern Association
is the large number of private colleges whereas
in the other three regions, it is the large publics
that predominate. It does explain why some of our
members, representing private institutions, come
from Ohio - or the Carolinas, as examples.
Maybe nobody cares and maybe it indicates I have
too much time for trivia - but thought some of you
might be interested.
EACUBO WORKSHOP 2005
AN ALMANAC OF ELECTRIFYING IDEAS
ARE YOU EXPERIENCING inventor's block and
using the same old solutions for the same old problems?
Need a spark to find a new idea - a new solution?
EACUBO invites you to join us for the 2005 Professional
Development Workshop in Philadelphia on March 17-18,
2005.
The preliminary list of sessions promises to have
something for all levels - from chief financial
officers to analysts and other administrators and
for institutions of all sizes. A sampling of the
schedule includes sessions on debt policies, managing
rising health care costs, integrated planning and
financial modeling, investment management and endowment
spending policies, change management, and facilities
benchmarking. The Workshop also provides a wonderful
opportunity to share ideas with colleagues from
other institutions.
The location of the 2005 Workshop is the Sheraton
Society Hill. The hotel is located amidst lush landscaping
and cobblestone streets in the most historic square
mile in America and just four blocks away from Philadelphia's
renowned Independence Hall. Come visit as the city
pumps up the electricity leading to the tri-centennial
of Benjamin Franklin's birth.
Mark your calendars today for March 17 - 18 to
be energized at the 2005 Workshop. Continue to watch
the EACUBO website (www.eacubo.org) for detailed
program and registration information.
Trivia Question:
What was Ben Franklin trying to prove with his
kite experiment?
a) Lightning was thrown from the heavens by angry
gods.
b) Keys were made of metal and conducted electricity.
c) Lightning was an electrical discharge from the
clouds.
d) Kites can fly in a thunderstorm.
Answer:
(C) Lightning was an electrical discharge from the
clouds.
Spotlight
On
JIM FISHER
Back in the good old days, if
they ever really existed, it was common to find
people, generally men, who graduated from the college
where they were currently working and where they
stayed until they retired .In a change to modern
times, most college business officers have worked
at several different institutions. For example,
the EACUBO president is at her fifth school, the
first vice president and second vice president are
both at their third.
Therefore it's refreshing to find someone
- Jim Fisher, specifically, who appears to come
from the old school. Not only is he a graduate of
Rochester Institute of Technology, where he currently
works as Assistant Vice President for Finance & Administration,
but he grew up just sixty miles west of Rochester
and currently lives with his wife and family in
that same area, and serves on the Board of Education
of the central high school from which he graduated.
When he graduated from high school, he planned to
go to SUNY Cortland to major in sports medicine
but, due to being accepted for the spring semester,
he found a job working in the Harrison Radiator
manufacturing plant nearby, deciding to delay college
for a year. His plans changed again when he met
his future wife, Connie, and was married in 1978.
Jim ended up attending Niagara Community College
for a couple of years while working full-time and
then transferred to R.I.T. to major in accounting
in their co-op program.
In his second semester, eligible for co-op employment,
he responded to an advertisement for an internal
audit position at R.I.T. and, after six months,
his boss persuaded the vice president to create
a new full-time position and retain Jim. Common
to those times-the early '80's-most
of the work was financial, the transition to systems
and operational audits not occurring until later
in the decade. During the first two years, Jim was
both a full-time employee and a full-time student,
taking at least 12 hours each semester, including
the summer, so he completed his degree in just over
two years. He would also go on to earn an MBA in
the College of Business and earn the Certified Internal
Auditor designation.
Jim spent thirteen years in internal audit, moving
steadily up the ladder, until he was offered assistant
director of audit positions at two other colleges.
At the same time, R.I.T.'s vice president
for finance and administration offered Jim the opportunity
to become his assistant, a position Jim said came
about because of his having developed considerable
expertise in information technologies, basically
self-developed. Initially, he found himself working
with the Human Resource director on a managed attrition
labor reduction plan, as R.I.T. went through a down-sizing,
followed by an expense reduction plan. Another one
of his assignments was the selection and appointment
of the external audit firm for the University-twice!! Later, one of his main responsibilities
was to spearhead the acquisition and implementation
of the university's web-based financial and
human resource applications, starting with the development
of the RFP that led to the selection of Oracle's
system.
In 2000, Jim was promoted to his present position
of Assistant Vice President for Finance & Administration.
His specific responsibilities include purchasing,
printing and mail services, systems and technology,
as well as the bookstore and food services, both
of which are self-operated. Another initiative he
has led has been RIT's move into e-commerce, providing
a cost-effective and secure way of making tuition
payments, one-card deposits, and bookstore sales.
Leaving the discussion of his job, we began talking
about his increasing involvement in the activities
of EACUBO. Jim said he got started when Peg Cass
Ferber was an active member of our Area Programming
committee, which she eventually chaired, and together
they worked to reactivate the Rochester area. This
has been successful and indeed the participation
has been expanded, including getting a representative
of as many institutions as possible to serve on
the planning committee. Jim did point out that he
had been active in other associations, both the
Institute of Internal Auditors, where he was president
of the Rochester chapter and he also chaired the
advance planning function for the Association of
College and University Auditors. One of his interesting
comments was that he found EACUBO a welcoming organization
as opposed to other groups that tend to be afflicted
with somewhat of a "good old boy" attitude.
Along the way, Jim developed an on-line registration
system used for many EACUBO events, provided a listserv
capability for the Board and our many committees,
chaired the Area Programming Committee, and now
has been elected to the EACUBO Board. Jim is clearly
a "doer", a welcome addition to our
volunteer organization.
Rochester Institute
of Technology
Internationally recognized as a world leader in
career-oriented and professional education, Rochester
Institute of Technology (RIT) has been setting an
innovative standard since 1829, evolving as a university
with forward-thinking leaders, responsive to the
changing needs of industry, community and the world.
Based on a 1,350-acre campus in suburban Henrietta,
RIT enrolls more than 15,400 full- and part-time
undergraduate and graduate students in 360 career-oriented
programs. The student population hails from across
the United States, and includes over 1,100 international
students. RIT's cooperative education program
is the fourth oldest and one of the largest in the
world, giving students hands-on, paid work experiences
in key industries.
RIT's academic portfolio covers a broad range
of disciplines, with particular renown in imaging,
computing and information sciences, photography,
design and art, engineering, and education of the
deaf. As a teaching university with a strong interest
in applied research in targeted fields, RIT is committed
to preparing students for successful careers in
a global society. RIT offers the nation's
first undergraduate programs in software engineering,
information technology, and microelectronic engineering
and the world's only Ph.D. program in imaging
science. The university's unusually diverse
offerings include animation, bioinformatics, computer
engineering, criminal justice, furniture design,
international business, metals and jewelry design,
packaging science, photographic arts, physician's
assistant, printing management, telecommunications,
and executive-leader master's programs. RIT
has also been at the forefront in distance learning
technology for individuals and its corporate partners.
RIT houses eight colleges:
~ College of Applied Science and Technology
~ College of Business
~ Kate Gleason College of Engineering
~ B. Thomas Golisano College of Computing and Information
Sciences
~ College of Imaging Arts and Sciences
~ College of Liberal Arts
~ National Technical Institute for the Deaf
~ College of Science
In addition, RIT offers three international schools:
the American College of Management and Technology
in Dubrovnik, Croatia, the U.S. Business School
in Prague, Czech Republic, and the American University
in Kosovo.
RIT is also home to one of New York State's Strategically
Targeted Academic Research (STAR) Centers,
called the Information Technology Collaboratory.
A partnership with several major corporations
and universities, the Center focuses research
on microsystems, photonics, remote systems and
high-bandwidth telecom networks. The STAR Center
exemplifies RIT's role in contributing to
economic growth and vitality, a key part of RIT's
mission throughout its more than 175-year history.
RIT's Center for Integrated Manufacturing
Studies also contributes to the university's
economic impact. Its mission is to increase the
competitiveness of U.S. manufacturers through
applied technology and training. Headquartered
at CIMS, the National Center for Remanufacturing
and Resource Recovery leads the world
in development and transfer of technology in remanufacturing
and product life-cycle design.
U.S. News and World Report's poll of college
presidents has consistently ranked RIT as one of
the nation's leading comprehensive universities.
RIT's graduate photography program has consistently
been ranked as first in the nation. Yahoo! Internet
Life ranked RIT among its top 20 universities for
wireless access.
Rochester Institute of Technology - the
university of choice in a technological world.
Area Programming Committee Announces
Fall Programs
Several local areas are planning fall professional
development workshops for the universities in their
regions. These workshops offer training on a number
of topics for staff at all levels of the institution.
A tremendous benefit of these local workshops is
their low cost as well as the opportunity to network
with your peers. We encourage you to take advantage
of these programs and to become involved with your
local area programming committee.
The Buffalo area is planning a Fall workshop on
Friday, October 29th to be held at Trocaire College.
The program will be a showing of the video, "Performance
and Accountability in an Age of Markets: the Changing
Definition of Effective Management in Colleges and
Universities". The presenter is Dr. Robert
Zemsky, Chair of the Learning Alliance at the University
of Pennsylvania. This video was the subject of last
spring's workshops at a number of other EACUBO
area programs.
The Rochester area will be holding their annual
Fall conference on October 12 at SUNY Geneseo. The
theme for the conference is technology applications.
The program will include presentations on security
and legal issues, communicating with students, and
a look at the future of technology, The cost of
their program is $35 by credit card and $45 if paid
by check.
The Syracuse area will be holding their Fall program
on Thursday, December 2nd at the Holiday Inn in
Syracuse. Discussion topics will include international
taxation, changes in Fair Labor Standards, what
some colleges are doing differently in response
to Sarbanes-Oxley; and how some institutions have
modified their financial systems to produce budget/financial
reports in today's financial formats. Speakers
will include representatives from Windstar Technologies,
Ernst and Young, Syracuse University, and Rochester
Institute of Technology.
New Jersey's fall workshop will take place
on Thursday, November 4th, at Fairleigh Dickinson's
Madison campus. The topics for the full-day session
will include:
- Sarbanes- Oxley: Latest interpretations
- Motivating Employees: Creative professional
development programming
- Controlling Printing Chaos: Save money and
improve service
- Tax update: Unrelated Business Income Tax
(UBIT)
In addition to these programs, several other areas
were still in the process of finalizing their fall
offering as this newsletter was going to print so
please check EACUBO's website at www.eacubo.org
or contact your local APC representative for more
details.
Administrative Management Institute
Exceeds High Expectations
Pat Lefferts had heard so many positive things
about AMI that her expectations were high. "You
didn't disappoint me!" she said in an
interview after this year's Administrative
Management Institute (AMI), held at Cornell University,
July 25-30. Lefferts, director in the purchasing
department at SUNY Fredonia, was one of the many
administrative managers who couldn't say enough
good things about AMI.
Since 1993, this acclaimed professional seminar,
co-sponsored by Cornell University and EACUBO, has
been offering talented professionals an opportunity
to enhance their effectiveness and excel within
their institutions and departments. Through information-packed
panel discussions, presentations, workshops, and
case studies, this year, AMI participants discussed
timely topics including current issues in employment
law and compliance, improving business practices,
risk management and liability, ethics and fiduciary
responsibility, hot topics in higher education,
and dynamic negotiations.
"The topics presented pulled the picture
together very nicely," said participant Jackie
Gilbert, business administrator in the Department
of Food Science at Cornell University. "They
were certainly very tuned in to our current environment." Gilbert
said.
Bob Campe, director of library management services
at Dartmouth College, agrees. "The topics
were a very good mix of what happens daily on a
campus. I recommend this course for new managers
as well as for those needing a refresher," Campe
said.
Institute highlights included a keynote address
by Cornell University President Jeffrey S. Lehman
exploring "The Challenges Facing Higher Education
Today;" an in-depth workshop on building leadership
skills and managing change, presented by Thomas
J. Champoux, executive vice president of The Effectiveness
Institute, Inc.; and a very well-received interactive
session presented by the Cornell Interactive Theatre
Ensemble, dealing with sexual harassment and racially-biased
joke telling.
Karren Bee-Donohoe, director of capital projects
for physical facilities at Binghamton University,
found the session on "Changing the Way We
Do Business," particularly helpful. This session
presented ideas and strategies regarding the centralization
of purchasing, travel, and other fiscal activities
into several business centers, each serving a specific
clientele. "All of the Institute's sessions
had valuable bits and pieces that are very pertinent
to my job, and I truly appreciate the opportunity
to improve myself as an employee and as a supervisor
though the Institute. I highly recommend this program
for others in the future," Bee-Donohoe said.
For more information about next year's institute,
set for July 24-29, 2005, contact AMI:
Balancing Spending Priorities: No
Easy Feat
By Matt Hamill
Is finding the
best balance between institutional financial aid
resources and other spending priorities-to
help assemble the institution's desired student
population-akin to the search for the Holy
Grail? Participants in the 2004 EACUBO Senior Business
Officers Roundtable wrestled with the question of
balanced spending and how business officers can
best lead these campus conversations.
As business officers related their struggles with
defining what they hope to accomplish with their
own financial aid dollars, the need for clearer
institutional goals, strategies to accomplish them,
and effective campus collaboration became apparent.
Among the questions posed by and to participants:
. What are the characteristics of your desired
student population?
. What are the financial barriers to bringing
that population to your campus?
. What aid policies should you follow to accomplish
your objectives?
. What is the role of merit aid in achieving
your desired student population?
. What level of institutional aid is required
to meet campus goals?
. What are my competitors doing, and what will
the market bear?
. How can I maximize my net tuition revenue?
. What other investment priorities exist, and
what tradeoffs (if any) might be involved in providing
that level of aid?
No cookie-cutter approach exists-institutions
navigate these waters based on their goals and objectives,
history, the marketplace they work in, and myriad
other factors.
The annual Senior Business Officers
Roundtable brings together a small group of business
officers and other higher education leaders
to analyze a current issue.
Sandy Baum,
professor of economics at Skidmore
College and senior policy analyst at the College
Board, facilitated this year's event.
The 2004 program was organized by Chris
Harrington, vice president for finance
at Quincy College, and sponsored by
Fiduciary Trust Company. Attending the Roundtable this
year were:
Nana An, Lebanese American University;
Don Aungst, Capital University; Craig Becker,
Seton Hall; Mel Blackburn and John Palmucci,
Loyola University-Maryland; Diane Blake
and Dan Lundquist, Union College; Barry
Cohen, Centenary College; Keith Finan,
Williams College; Sonia Hajjar, American
University; Matt Hamill, VP at NACUBO and
author of this article; Chris Harrington,
Quincy College; Julie Karns, Rider University;
Karen Leach, Hamilton College; Robert Massa,
Dickinson College; Vincent Massaro, Metropolitan
College of New York; Mike McKitish, Drew
University; Margaret Porta, Sarah Lawrence
College; Ann Preston, Haverford College;
Gary Raisl, University of the Sciences
in Philadelphia; Kathy Rood and Maureen
Samways, Boston Architectural Center; Greg
Rumsey, Furman University; Hossein Sadid,
Case Western Reserve; Robert Specter, Baruch
College; Richard Staisloff, College of
Notre Dame in Maryland; and Ted Klingos,
VP of Fiduciary Trust, the principal sponsor
of the event.
|
Encouraging Campus Debate
Roundtable participants related proven strategies
to best communicate information to support key
decisions that determine the price and costs of
providing a
college education. Virtually all of the techniques
included two core elements: engaging the faculty
effectively and finding the right terminology to
facilitate the debate.
A small group exercise illustrated the importance
of these techniques. Participants were assigned
the role of chief business officer, faculty member,
or trustee and were then instructed to debate this
scenario. The institution has a projected deficit
and can close the budget gap in one of three ways:
1) the institution can close an academic program
that has been suffering from serious enrollment
declines in recent years; 2) the campus can impose
an organizationwide salary freeze; or 3) the campus
can outsource its office services program and eliminate
20 staff positions.
Perhaps not surprisingly, none of the small groups
reached consensus on a single strategy. But the
role-playing that ensued demonstrated the importance
of engaging the right people and providing them
with meaningful information. Strategies described
included
. designing and providing regular budget communication
with the faculty senate;
. engaging the faculty as members of the institution's
budget committees;
. developing regional collaborative efforts between
chief financial and academic officers; and
. bringing in outside experts to train business
office staff on communication tactics.
Predicting Outcomes
Throughout the two-day event, an underlying theme
was the difficulty of developing a predictive model
to guide institutional policy and strategy discussions
on tuition and aid issues. Campuses reported various
efforts to avoid the surprises and unanticipated
consequences that can arise whenever policies and
strategies are refined or adjusted. One model developed
at Furman University tracks student decisions in
prior years to help officials understand and more
accurately predict the likely financial outcomes
of their tuition setting and institutional aid
policy decisions.
Consider National Numbers
Event facilitator Sandy Baum, professor of economics
at Skidmore College and senior policy analyst at
the College Board, shared various data with participants,
drawing in part on her work as coauthor of the
College Board's Trends in Student Aid publication.
According to her research, institutional grant aid
totaled slightly more than $20 billion in the 2002-03
academic year, representing 19 percent of total student
aid and almost half of all grant aid received by
college students. Over the past decade, institutional
aid has risen, in constant dollars, faster than both
state and federal grant aid programs.
One national trend noted was the rapid increase
in the amount of institutional aid awarded to students
from the highest income quartile. From 1992-93 to
1999-2000, the percentage of high-income students
receiving institutional aid grew almost 46 percent
at independent, nonprofit institutions (from 35
percent to 51 percent of full-time undergraduate
students) and 50 percent at public institutions
(from 12 percent to 18 percent of full-time undergraduates).
Over the same period, these high-income students
saw greater growth in their average aid awards.
Among independent institutions, the average award
to high-income students increased from $5,500 to
$6,800, a 23.6 percent increase (compared to students
from the lowest income quartile, whose average award
increased from $5,500 to $6,200, a 12.7 percent
increase). At public institutions, the average award
to high-income students increased from $2,400 to
$3,200, a 33.3 percent increase (compared to low-income
students, whose average award increased from $1,900
to $2,300, a 21.1 percent increase).
Is merit aid increasing faster than need-based
aid? Some data indicate that the share of state
grant programs that were awarded based on need had
declined from 90 percent to 77 percent in the past
decade. However, participants noted the challenge
of drawing clear lines between need- and merit-based
aid; some students with financial need receive merit
aid, for example. One thing that was clear from
the conversation: Institutions are regularly reviewing
and refining their strategies and policies to bring
a targeted student population to campus by reducing
the financial burden and rewarding academic achievement.
EACUBO is in the process of planning the 2005 roundtable.
If you are interested in participating, contact
Diane Blake, V.P - Finance and Administration, Union
College, 807 Union Street, Schenectady, NY 12308;
phone - 518-388-6104; e-mail - blaked@union.edu
Strong Sponsor Support Continues
in 2004
Roy H. Merolli
Marist College
EACUBO Sponsorship Coordinator
We are pleased to report that our corporate sponsors
continue to provide the level of support that enables
EACUBO to offer top quality programming events at
reasonable costs.
Over the past year, several hundred letters were
sent to, and follow-up contacts were made with,
existing and potential sponsors. Sponsor support
for the 2004 Annual Workshop in Boston reached the
highest level ever for this event. At this time,
sponsor assistance for the 2004 Annual Meeting is
projected to exceed the total raised for last year's
Annual Meeting held in Baltimore. Our upcoming Annual
Meeting in New York City provides EACUBO with the
opportunity to recognize and thank new and existing
sponsors for their assistance in helping to support
all our major programming initiatives throughout
2004.
Sponsors support EACUBO programs both through
monetary and in-kind contributions. There are five
sponsor recognition giving levels: Bronze ($1,000
- $1,999); Silver ($2,000 - $4,999); Gold ($5,000
- $9,999); Platinum ($10,000 - $19,999); and Diamond
($20,000 and up). Each level of sponsorship provides
a list of benefits that the sponsor receives at
the respective program event along with appropriate
recognition to highlight their support to program
attendees. Annual sponsorship levels are based on
a company's overall contribution to EACUBO
throughout the calendar year.
The EACUBO sponsorship program is a comprehensive
one that has been developed in collaboration with
MRA Services which also coordinates our Exhibitor
Program for each year's Annual Meeting. EACUBO's
efforts focus on leveraging our institutional relationships
with both existing and potential new sponsors. MRA
focuses on the full gamut of logical support including
marketing sponsorship opportunities, finalizing
sponsor contracts, collecting critical background
information on sponsors, assigning sponsorships,
and producing the sponsor recognition booklet.
Our work with MRA provides EACUBO with a comprehensive
approach to our sponsorship development and management
efforts.
As you speak with exhibitors and sponsors at the
upcoming Annual Meeting in New York City, please
thank our sponsors for their continued support and
take the time to learn about the products or services
they provide. Sponsor support plays a key role in
the success of EACUBO because it enables us to continue
to provide outstanding professional development
opportunities.
EACUBO Seeks Volunteers
The Eastern Association of College and University
Business Officers is a dynamic, active organization,
but one that exists without an office and without
permanent staff. What makes it work? The answer
is volunteers, people like you who serve as officers,
directors, and committee members. It's that
time of year when we begin the search for new people
to join those already involved. The following describes
the various committees that seek new members and
gives a suggest as to what each does:
Annual Meeting Committee
(October 2005)
Responsible for the development of the Annual
Meeting sessions' content and the identification
of high quality speakers, aimed at providing a cost-effective
professional development and networking opportunity
for the membership. Meeting logistics are outsourced
to MRA and Conferon.
Annual Workshop Committee
(March 2005)
Responsible for putting together the Annual Workshop
program, intended to provide insight into topics
of current interest for administrative and technical
staff from all colleges and universities. The committee
develops the program content, identifies the speakers,
and also deals with registration, marketing, and
audio-visual requirements. Hotel logistics are handled
by the EACUBO Site Coordinator.
Senior Business Officers Roundtable
(June 2005)
An intensive, interactive program in which a small
group of business officers are brought together
with other campus executives to discuss a particular
current issue important to the higher education
industry. The committee is responsible for selecting
the topic and the key facilitator. Hotel logistics
are handled by the EACUBO Site Coordinator.
Financial Review Committee
A two-member committee that is responsible for
performing the annual review of the financial records
and statements of the Association and reporting
their findings to the EACUBO Board.
Large Institutions Committee
The purpose of this committee is to ensure that
the programs and services offered meet the needs
of large colleges and universities through providing
input to the various program committees as well
as creating an informal network among large institutions
to promote the sharing of information, ideas, and
creative solutions to problems.
Small Institutions Committee
Primarily responsible for understanding and communicating
the special needs of the Association's small
college members and assisting in the design of professional
development activities relevant to those colleges.
Two-Year College Committee
Responsible for understanding and communicating
the special needs of the Association's two
year college members and assisting in the development
of professional development activities relevant
to those colleges.
Member Services Committee
Informs prospective members of the benefits of
membership in the Association by disseminating information
to colleges, universities, independent schools,
former business officers, and private firms eligible
for membership. Periodically survey the membership
on their needs, thoughts and ideas.
Area Programming Committee
In addition to the opportunities described above,
there are fourteen areas with the Eastern region
that have programming committees responsible for
developing and producing EACUBO's one-day,
drive-in workshops. These area program committees
also seek additional members every year. Further
information about these committees can be found
through our web-site - www.eacubo.org.
* * * * * * * *
If you are interested in working on an EACUBO committee,
or an area programming committee, please complete
the form below or provide the information via e-mail.
The EACUBO Board will consider all applications
received, referring those to the area programming
committees, as appropriate. All applications received
by December 1st will be considered for assignments
that will begin in the spring of 2005. We will be
in touch with you early in 2005 to discuss specific
assignments and opportunities. Thank you for your
interest!
Further information may be found on our web site
at:
http://www.eacubo.org/Volunteers/committee_responsibilities.asp;
Committee Interest Form
Name ________________________________________________
Institution ____________________________________________
Title _________________________________________________
Address _____________________________________________
Telephone ___________________ Fax ____________________
E-mail ______________________________________________
Past EACUBO experience _______________________________________
_______________________________________
_______________________________________
Committee preference(s) _______________________________________
_______________________________________
Return to:
Don Aungst, VP Resource Management and Treasurer
Capital University, Columbus, OH 43209-2394
Phone: (614) 236-6813 Fax: (614) 236-6866
Email: daungst@capital.edu,
or
hwaddell@capital.edu
AROUND THE REGION
Michael Lockhead has been named vice
president for finance and administration at
the College of the Holy Cross in Worcester,
MA. He succeeds William Durgin who
fills the newly-created position of College
treasurer and chief investment officer. Lockhead
comes to Holy Cross from the University of
San Fransisco where he served as assistant
vice president for business and finance. Previously,
he had been a manager in Higher Education Consulting
with Arthur Anderson where his clients had
included RPI and Harvard. Lockhead both his
B.S. and M.B.A. from Boston College.
Fred Rogers has been appointed vice
president at Carleton College in Northfield,
MN. Fred had previously worked at Carnegie
Mellon and Cornell University and most recently
was engaged in financial consulting out of
Boston, MA. Both Fred and his wife, Jennie,
are graduates of Carleton. We wish him much
success in his new endeavor.
Andrew Evans has been named
the new vice president for finance at
Wellesley College. Andrew comes to
Wellesley from Oberlin.
EACUBO Board member Lisa Marie McCauley has
moved from Northampton County Area Community
College where she served as VP for Finance & Administration
to Kings College in Wilkes-Barre, PA.
We welcome Al Horvath back
to the Eastern Association. Al, who served previously
as EACUBO Treasurer, went west to California
Institute of Technology as controller, the same
role he had at NYU. He more recently served as Cal
Tech's vice president for business and
finance and has now been named Executive
Vice President for Finance at Columbia University.
Frederick J. Hammond, Jr. has
been named Senior Vice President and
Chief Financial Officer at SUNY Downstate Medical
Center in Brooklyn, replacing John O'Hara.
Dr. Jeryl Mumpower replaces Carlos
Santiago as Interim Provost
and Vice President for Academic Affairs at
the University at Albany.
Late word comes that the husband of former
EACUBO president, Nancy Eddy, died
in September, a victim of ALS. Our sympathy
are extended to Nancy.
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