Elmhurst College manages its financial resources to ensure the long-term fiscal health of the institution. Achieving this goal requires effective use of our assets, implementation of efficient processes and new revenue sources. Careful endowment management and philanthropic support are critical to providing access to a high-quality education for our students today and in the future.
- Build a sustainable budget model to grow reserves and comply with debt covenants by continuously reviewing expenses and operations to drive cost savings and efficiencies.
- Increase college revenues by improving brand recognition, investing in new programs, developing new revenue opportunities, enhancing existing revenue sources, and connecting more frequently with alumni.
- Design, develop and execute a comprehensive fundraising campaign.
- Grow the endowment through prudent fiscal management, strategic investment policies and philanthropic support.