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ERIC Number: EJ838842
Record Type: Journal
Publication Date: 2009-Apr-17
Pages: 1
Abstractor: ERIC
ISBN: N/A
ISSN: ISSN-0009-5982
With Dwindling Resources, Colleges Recalibrate Fund-Raising Staffs
Masterson, Kathryn
Chronicle of Higher Education, v55 n32 pA20 Apr 2009
After several years of aggressive hiring, some college fund-raising operations are now cutting back as both revenue and investment income fall. The regrouping could slow growth plans on many campuses at a time when the need for private support has never been greater. Often the colleges cutting employees are laying off back-office staff members and preserving the jobs of the fund raisers who meet with donors. Many institutions that are not cutting employees are nonetheless halting expansion plans and sometimes shifting staff members to areas of greatest need. Even programs that are still hiring are doing so at a slower pace. Some observers say cutting fund-raising positions is not the best long-term strategy, since the development office makes money for the institution and because fund raising takes time. In a survey of fund-raising operations at 48 colleges, frequently cited cutbacks include: (1) Eliminating non-essential travel; (2) Hiring freeze/not filling vacant positions; (3) Canceling/scaling back events; (4) Reducing print publications; (5) Layoffs; and (6) Combining departments or positions.
Chronicle of Higher Education. 1255 23rd Street NW Suite 700, Washington, DC 20037. Tel: 800-728-2803; e-mail: circulation@chronicle.com; Web site: http://chronicle.com/
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A