Strategic Priority 4


Lobby of the FAMU College of Law

Long-Term Fiscal Health & Sustainability

Strategic Priority Four, Long-Term Fiscal Health and Sustainability, centers on increasing and diversifying revenue, enhancing our infrastructure, increasing philanthropic giving, and providing budgetary support for the strategic plan, all supporting student success.

Measures of Success for Long-Term Fiscal Health and Sustainability focus on composite financial index ratios, R&D expenditures, annual research awards, alumni giving rates, funding raising, investment, and endowment values.


Goal 4.1

Implement a planning and budgeting process that identifies, secures, and allocates existing and new E&G, C&G, and Auxiliary funding.

  • Action Periodically review existing budgeting process & research other relevant budgeting models.
  • Action Clearly articulate priorities to align budget allocations.
  • Action Explore other potential auxiliary revenue streams.
  • Action Increase capacity for sponsored research.
  • Action Increase capacity for philanthropic sources.
  • Action Partner with the BOG and other universities on additional advocacy efforts.
  • Action Expand the university’s legislative action workgroup to assist in building support for FAMU’s legislative agenda.
  • Action Increase the total value of new research related awards received.
  • Action Enhance clear, and consistently communicate policies, practices, and procedures to support researchers.
  • Action Enhance the existing learning, training, and mentoring opportunities to support researchers.
  • Action Enhance accountability with adhering to all sponsored research policies and procedures.

Goal 4.2

Implement infrastructure enhancements in academics, research, administration, technology, and facilities to increase student success outcomes for FTIC, FCS AA transfer, and graduate students that lead to increased performance in state and national metrics.

  • Action Partner with other universities to develop a collective advocacy approach.
  • Action Continuously stay abreast of the best cutting-edge advances in facilities and services.
  • Action Identify funding sources for upgrading facilities and services.
  • Action Identify funding sources to continuously upgrade and refresh technology on a rolling three-year basis.

Goal 4.3

Support and sustain a robust university advancement enterprise that consistently generates transformative alumni, friend, and corporate giving.

  • Action Increase annual alumni giving to at least 15%.
  • Action Increase annual fundraising in excess of $15M with at least two- thirds from corporate giving.
  • Action Work with investment manager to maximize market returns.
  • Action Raise more endowed funds.
  • Action University Advancement will enhance collaborate efforts with deans and non-academic unit heads.
  • Action University Advancement will enhance collaborate efforts with Office of Communications to elevate FAMU’s Branding and the communication of FAMU’s value proposition.




Contact Us

Strategic Planning, Analysis and Institutional Effectiveness
1601 S. Martin Luther King, Jr. Blvd.
Tallahassee, Florida 32307
(850) 599 8316
(850) 599 8321