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Private Support for Infrastructure and Central Services Growing with a Sustainable Financial Model

Private Support for Infrastructure and Central Services Growing with a Sustainable Financial Model. John Plotts Senior Vice Chancellor, Finance and Administration John Ford Vice Chancellor, Development and Alumni Relations. Academic Senate Academic Planning and Budget Committee

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Private Support for Infrastructure and Central Services Growing with a Sustainable Financial Model

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  1. Private Supportfor Infrastructure and Central Services Growing with a Sustainable Financial Model John Plotts Senior Vice Chancellor, Finance and Administration John Ford Vice Chancellor, Development and Alumni Relations Academic Senate Academic Planning and Budget Committee October 24, 2013

  2. PrivateGift Support for Infrastructure • Current State • Philanthropy supports direct expenses incurred by research, education, and patient care • Philanthropy rarely supports the core administrative functions required to conduct research, educate students, and care for patients • Gifts currently assessed at 4% with a 1% spending fee • Exemptions from current fee include capital, student support, junior faculty fellowships, and various individual exemptions. 2

  3. UCSF faces significant demands against a limited supply of core central resources • Examples of Funding Obligations: • Campus Seismic Investment:  UC Hall, Clinical Sciences Building, San Francisco General Hospital • Facilities Investments:  Utilities and Deferred Maintenance Obligations for Existing Campus Buildings and Scheduled Renewal Projects • Technology Investments:  Business, Research and Clinical Systems and Related Infrastructure • Strategic Programmatic Investments • Continuing funding of central administrative functions including finance and accounting, development, and security.

  4. The June 2013 Core Financial Plan began with over $350M, and is projected to decline below $100M in 2021-22

  5. UCSF Private Support is almost entirely directed to restricted use (2013 FY)

  6. Proposed Infrastructure and Operations Fund • Informed by discussions with Revenue Philanthropy Group. Proposal similar to practices at other major research institutions. • Replaces existing assessment model to increase support for facilities operations and maintenance and central administrative functions. • Proposed: 4% at time of gift/6% upon expenditure. • All gifts and endowment income subject to assessment, excluding student support • Gifts to existing capital campaigns will receive grandfathered exemption • Exceptions will require alternate funding source. 6

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