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ERIC Number: ED496498
Record Type: Non-Journal
Publication Date: 2006
Pages: 4
Abstractor: ERIC
Reference Count: 0
ISBN: N/A
ISSN: ISSN-1068-1027
Trust in the Balance
Frohnmayer, Dave
Association of Governing Boards of Universities and Colleges, Trusteeship v14 n5 Sep-Oct 2006
As public universities look to private philanthropy to produce the capital to invest in quality, it is important to think carefully about the implications for universities and their foundations. In this new reality, the role of the public university president is becoming much more than simply the institution's academic leader. Instead, a leader's effectiveness is now judged by his or her ability to raise private funds for the university foundation. In this new reality, the relationship between the university and its foundation has never been more important--or more fragile. There are many advantages to foundations, but it is important not to allow a foundation to drift or move intentionally toward independent status. This article discusses the appropriate role for foundation board members, given that they are not on the governing board of the institution, and advice on avoiding disputes.
Association of Governing Boards of Universities and Colleges. 1133 20th Street NW Suite 300, Washington, DC 20036. Tel: 800-356-6317; Tel: 202-296-8400; Fax: 202-223-7053; Web site: http://www.agb.org
Publication Type: Guides - Non-Classroom
Education Level: Higher Education
Audience: Administrators
Language: English
Sponsor: N/A
Authoring Institution: Association of Governing Boards of Universities and Colleges, Washington, DC.