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University of Louisville. Indianapolis Alumni Outreach. UofL: It’s Happening Here!. 7/18/08. What’s Happening Here? Let’s start with where we have been…. Milestones : UofL enters State Higher Education System 1970–97: Another mouth (expensive) to feed : Boyle Report
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University of Louisville Indianapolis Alumni Outreach UofL: It’s Happening Here! 7/18/08
What’s Happening Here? Let’s start with where we have been… • Milestones • : UofL enters State Higher Education System • 1970–97: Another mouth (expensive) to feed • : Boyle Report • - Community agenda to grow/diversify economy–new cluster • Healthcare/Life Science • Logistics/Distribution • - Role of UofL • : HB1 -- Postsecondary Education Improvement Act • -- Public Agenda – increase economic opportunity/Quality of life • -- UofL shall be a premier nationally recognized metropolitan research university
What’s Happening Here? So… House Bill 1 - 1997 A Public Agenda for Higher Education to Build Economy Boyle Report – 1996 Community Agenda to Build Economy Challenge for Excellence U of L 10 Year Plan 1998 - 2008
The Goals • Achieve classification as a Carnegie Research I University Done
The Goals • Have a national reputation for its quality undergraduate programs Done • Improved ACT scores from 21.2 to 24.3 • Increased graduation rate from 33.2% to 43.6% • Increased retention rate from 72.1% to 78.2% • Wall Street Journal survey named UofL on of the top 30 feeder schools to nation’s top graduate schools • Record number of student awards (Fulbright, Goldwater, etc.)
The Goals • Have at least 20 nationally recognized research and graduate/professional programs Done • 30 nationally recognized programs in 2007 Spinal Cord Injury Research Center -- SOM Kentucky Pollution Prevention Center -- SSE Ensemble Program -- Music Entrepreneurship – Business College of Education and Human Development
The Goals • Attain designation as a National Institutes of Health (NIH) Cancer Center In Progress • More than 15 new cancer drugs under development – top 5 in the country • Nationally sponsored research funding grew from $300,000 in 1999 to $44 million in 2007 • Cancer capital campaign topped its $60 million, five-year goal in only 18 months; campaign continues
The Goals • Have 75 endowed chairs and professorships in key fields Done • 54 to 125 • Role of “Bucks”
The Goals • Graduate at least 140 doctoral students per year Done 72 to 155
The Goals • Increase federal funding to more that $40 million annually and increase total sponsored funding to $80 million per year Done • Increased federal funding from $15 million to $80.4 million in 2007 • Increased total sponsored funding from $28.9 million to $101 million in 2007
The Goals • Increase its endowment from $255 million to $500 million Done $796 million
The Goals • Increase significantly the number of business start-ups that develop from university research activity Done 0 - 31
The Goals • Increase the number of patents and licenses based upon university research Done 40
The Goals • Be recognized as a national leader for linking its resources to the needs of its community Done • Metropolitan College • Signature Partnership • New Cities Solution • Partnership for Green City • Haymarket/NUCLEUS
Pretty good progressBut you have heard the expression “What have you done lately?” “It’s time to finish the job.” -- President James Ramsey State of the University address September 2007
It’s Time to Finish the Job • Strategic Plan 2008-2020 • Vision • Goals • Strategies • Tactics • Funding Plan • Capital Campaign • Branding Effort
The 2020 Plan Educational Excellence Achieve “Double the Numbers” goals (CPE) 2300-3100 Award 350 doctoral degrees, up from 155 Achieve Phi Beta Kappa Chapter Transform campus life and housing so that 32% of our students live on campus Double the number of nationally recognized programs – 30 to 60
The 2020 Plan Research, Scholarship and Creative Activity Recruit 180 nationally recognized researcher/scholars and increase total grant and research to $400M, including $193.5M in federal funding Achieve NCI Cancer Center designation
The 2020 Plan Community Engagement Expand our commitment to downtown Louisville and support all Kentucky cities through the City Solutions Center Achieve the 13 goals of the West Louisville Signature Partnership to reduce disparities in education, health, economic and social conditions
The 2020 plan Diversity, Opportunity and Social Justice Be the leader nationally in preparing students to live and work in a global society, with particular emphasis on cultural diversity, international studies, and social justice
The 2020 Plan Creative and Responsible Stewardship Increase our endowment from $796.8M to $3B in 2020 Spur economic development in Louisville and Kentucky through the commercialization of research at our business development and commercialization enterprises (Nucleus, Metacyte, Haymarket, Shelby Campus)
But • Fiscal Year 2002 – Fiscal Year 2005 State Cuts • Fiscal Year 2008 $5M Cut • Fiscal Year 2009 $10M Cut • Fiscal Year 2010 $10M Cut
So a New Challenge • Keep momentum • Keep moving forward • Look for light at the end of the tunnel
How, You Say? • Efficiency • Underperforming assets • Clinical operations • Private partnerships • Fundraising • Research Commercialization • Being Smart • TIF