University of Louisville Winter College 2008 Uof L

University of Louisville Winter College 2008 Uof. L: It’s Happening Here! Naples, Florida 1/25/08

What’s Happening Here? Let’s start with where we have been… 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 2

Challenge for Excellence 1998 -2008 In 2006, two years ahead of schedule, Uof. L declared victory in the Challenge. 10 of 11 goals completed Ø 1 goal well within reach Ø 3

A Proven Record of Success 1998 -2007 Educational Excellence 1. Achieved Carnegie Research Extensive status 2. Improved quality Ø Ø Ø 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% Increased endowed chairs from 54 in 1999 to 125 in 2007 Increased Ph. D recipients from 76 in 1999 to 144 in 2006 3. Achieved national recognition Ø Wall Street Journal survey named Uof. L one of the top 30 feeder schools to nation’s top graduate schools Ø Record number of student awards (Fulbright, Goldwater, etc. ) Ø 30 nationally recognized programs in 2007 4

A Proven Record of Success 1998 -2007 Research and Development 1. Fastest growing research university in the nation Ø Total research grew from $28. 9 million in 1999 to $101 million in 2007 Ø Federal research grew from $15 million in 1999 to $80. 4 million in 2007 2. Translational research improving people’s lives Ø Cancer Ø More than 15 new cancer drugs under development – top 5 in the country Ø Nationally sponsored research funding grew from $300, 000 in 1999 to $44 million in 2007 Ø Cancer capital campaign topped its $60 million, five-year goal in only 18 months; campaign continues 5

A Proven Record of Success 1998 -2007 2. Translational research improving people’s lives Ø Stroke 1. Created first accredited stroke center in Kentucky 2. Robot program – Owensboro/Madisonville/Lebanon/etc. Ø Hearts 1. Established Cardiovascular Innovation Institute 2. Implanted first self-contained artificial heart in 2001 3. Established first Center for Environmental Cardiology Ø Parkinson’s 1. Established Movement Disorders Program to diagnose and treat Parkinson’s and related diseases. 6

A Proven Record of Success 1998 -2007 2. Translational research improving people’s lives Ø Logistics and Distribution Institute/ Metropolitan College Ø Ø Key to UPS expansion College of Education & Human Development Ø $20. 5 million grant for vocational education center 7

Proven Record of Success 1998 -2007 Accountability 1. Economic Development Ø Business start-ups grew from 0 to 24 between 1999 and 2007 Ø 40 patents issued between 1998 and 2007 for a cumulative total of 55 Ø 47 licenses and options issued between 1999 and 2007 for a cumulative total of 62 Ø Health Sciences TIF -- $2. 2 billion 8

Proven Record of Success 1998 -2007 Accountability 2. Community Partnerships Ø Metropolitan College – Uof. L/KCTCS/UPS Ø Signature Partnership – Louisville West End Ø Urban Solutions Center – Kentucky League of Cities Ø Partnership for a Green City Ø JCPS – i. e. $25 million grant from General Electric Co. Ø VA Hospital Ø Museum Plaza Ø Scholar House 9

Pretty good progress But 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 10

It’s Time to Finish the Job Ø Strategic Plan 2008 -2020 Ø Ø Ø Business Plan Ø Ø Ø Vision Goals Strategies Tactics Funding Plan Capital Campaign Branding Effort 11

Finishing the Job 1. Educational Excellence Ø Uof. L commits to the “double the numbers” plan: Ø Ø Increasing the number of baccalaureate degrees awarded each year from 2, 328 in 2007 to 3, 074 – 746 increase Some enrollment growth Ø Ø Improving 6 -year graduation rate from 44% in 2007 to 60. 4% -- another 37% increase Increasing the number of transfer students from 1, 249 to 1, 730/year – 481 increase 12

Finishing the Job Ø 1. Educational Excellence Ø Uof. L will improve the learning environment and promote student success by: Ø Ø Ø Growing its faculty by 373 by 2020 Improving the student/tenure-track faculty ratio from 21. 4 -1 to 15 -1 Increasing percentage of on-campus students from 20% to 35% Offering Ph. Ds in 23 new areas, such as bioethics, neurosciences, justice administration, meteorology (UPS) Increasing Ph. D graduates from 144 to 350 – 206 increase 13

Finishing the Job 2. Research, Scholarship and Creative Activity Ø Uof. L will grow its research and service missions by: Ø Ø Ø Adding 60 new investigators and 30 new scholars in the next five years Growing research from $115 million to $400 million Leading transformation of community/regional economy Ø Ø $20. 5 million DOE workforce grant Haymarket/HSC development ($2. 2 billion) Shelby Campus research park Cultural/artistic driver Ø Museum Plaza Ø Fine Arts growth 14

Finishing the Job 3. Community Engagement Ø Uof. L will continue and expand its faculty and student presence in the community by: Ø Being designated a Carnegie “Community Engagement” institution Ø Being designated a Carnegie “Curricular Engagement” institution Ø Founding the Center for Urban Solutions to address issues in cities around the state. 15

Finishing the Job 3. Community Engagement Ø Uof. L will have a significant impact in Louisville through its Signature Partnership, which will be measured against 13 objectives in four key areas: 1. 2. 3. 4. Education Economic development Social and human services Health 16

Finishing the Job 17

Finishing the Job 4. Diversity, Opportunity and Social Justice Ø The university will continue to lead the state in areas of diversity, opportunity and social justice by: Ø Ø Ø Expanding Cardinal Covenant from $500, 000 in 2007 to $3. 1 million in 2020 Increasing need-based and transfer aid by $5. 97 million by 2020 Continuing to lead the state in Kentucky Plan success Ø (8 for 8 in 05, 06, 07) 18

Finishing the Job 5. Accountability Ø Ø Ø Increase endowment to $2 billion by 2020 Attain designation as Top 20 Metropolitan Research University Improve Sustainable Endowment Institute rating to A Ø Ø (Currently a C+) Lower space deficit from 645, 000 sq. ft. to 0 sq. ft. Fully utilize underperforming assets – Shelby Campus Adopt NASULGC voluntary system of accountability 19

Finishing the Job Ours is an ambitious plan that will require regular, significant investment from the university and from the Commonwealth. 20

Finish the Job Our priorities: Ø Base Funding Ø Bucks for Brains Ø Full funding of B 4 B Ø Buildings Ø Ø Ø Belknap Academic Building -- $65 million MDR renovation -- $22. 8 million Life Sciences Building renovation -- $30 million Capital Renewal Pool -- $28. 3 million PJCS Expansion -- $72 million (authorization only – agency funds) 21

But… Dec. 21 … 3% reduction Jan. 4 … Another possible 12% reduction 22

So a New Challenge Ø Ø Ø Keep momentum Keep moving forward Look for light at the end of the tunnel 23

How, You Say? Ø Ø Private partnerships Underperforming assets Ø Ø Ø Clinical operations Efficiency Fundraising 24