The New Realities for Public Higher Education Foundations

This volume, a follow-up to Margin of Excellence with incisive new contributions from eight leading foundation leaders and experts, is focused on the opportunities and risks institutionally related foundations face in a dynamic and uncertain higher education environment. Two central themes are explored in eight chapters: (1) understanding the environmental conditions in which public institutions must fulfill their mission—and how foundations should be aligned with the host university to be essential partners for achieving shared strategic goals, and (2) unpacking how the work of foundations can safeguard the higher education value proposition through sound funding models, tailored endowment management practices, attention to the core relationships and roles for foundation leaders, fostering of innovation and partnership opportunities, and prudent risk management.

Also included are three appendixes laying out the hallmarks of effective 21^st-century foundations, a set of principles and recommendations for effective partnerships with the host institution, and guidelines for the memorandum of understanding between the host institution and the affiliated foundation.