Transcript Strategic Planning Update: Scorecard - March 18, 2004

Tulane University
Scorecard
March 26, 2004
Tulane Today
 On the cusp of transforming into a
truly distinctive, preeminent research
university characterized by:
 Outstanding quality of student body
 Unique collegiate experience
 Significance and impact of research
 Commitment to economic development
and community engagement
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Why a Scorecard?
 A set of metrics to measure progress
 Summarizes accomplishments, outlines
goals
 Indicators:
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Undergraduate Student Quality
Faculty and Staff
Research Funding
Giving to Tulane
Financial Resources
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Goals: Undergraduate
Student Quality
 Increase the quality of the student
body, particularly the undergraduate
student body, based on appropriate
input and output measures
 Achieve top 25 status among all
research universities in quality of
undergraduate student body
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Undergraduate Student
Quality1
FY 1998
FY 2003
FY 2008
Goal
SAT Average Score
1278
1331
1350
Rank in top 10% of high school
class
47%
63%
70%
Acceptance Rates
79%
55%
35%
Yield Rate, exclusive of University
College
22%
22%
25%
Undergraduate Retention Rate2
85%
86%
90%
Graduation Rate3
72%
74%
80%
Discount Rate
36%
31%
29%
1All
statistics exclusive of University College
2Freshman to Sophomore retention
36-year graduation rates
Sources: Offices of Admissions, Registrar
as of 3/24/04
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Goals: Faculty and Staff
Lose no faculty or staff to other
institutions because of non-competitive
compensation and benefits
Have faculty and staff compensation
packages that are in the 25th percentile
of appropriate benchmark groups
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Faculty and Staff
Total Permanent FT Faculty and
Staff
Faculty
Staff
Faculty Compensation
1
(and Percentile Rankings)
Professor
Associate Professor
Assistant Professor
1998
2003
2008
Goal
3,672
3,998
4,225
1,101
2,571
1,213
2,785
1,375
2,850
$83,500 (2)
$55,400 (4)
$52,700 (1)
$99,100 (2)
$71,600 (2)
$60,800 (2)
(1)
(1)
(1)
1
AAUP Faculty Salary Survey data. Percentile
rankings: 1+ = 95th percentile; 1 = 80th
percentile; 2 = 60th percentile; 3 = 40th
percentile; 4 = 20th percentile. Figures cover FT
instructional faculty of all schools. Sources:
Offices of the Registrar, Treasurer, Human
Resources, Strategic Planning; The Chronicle of
Higher
Education
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Goals: Research Funding
 Build a science and engineering research
base that ranks in quality among the top
comprehensive private research universities
in the nation
 Achieve top 50 status among universities in
terms of per capita R&D expenditures
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Research Funding
FY 1998
FY 2003
FY 2008 Goal
Total Research &
Development Awards
$
71,364,715
$ 118,074,100
$
Federal Sponsored
Awards
$
51,304,689
$
93,081,382
$ 169,000,000
NSF Awards
$
3,089,812
$
5,585,804
NIH Awards
$
29,344,915
$
55,531,199
$ 100,000,000
State Sponsored Awards
$
4,828,515
$
11,192,016
$
16,000,000
Other Sponsored Awards
$
15,231,511
$
13,800,702
$
15,000,000
Indirect Cost Recovery
$
15,309,000
$
22,093,000
$
40,000,000
$
200,000,000
10,000,000
Sources: Offices of Research
Administration, Grants and
Contracts, Controller
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Goals: Giving to Tulane
 Complete a comprehensive campaign of at
least $650 million
 Increase the size of the endowment, total
giving, and alumni participation levels
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Giving to Tulane
New Gifts & Pledges
FY 1998
FY 2003
FY 2008 Goal
$ 40,000,000
$ 62,700,000
$ 100,000,000
12,155
16,915
30,000
Total Donors, All Gifts
Total Gifts (Cash) to
Annual Fund
Total Donors, Annual Fund
Undergraduate Alumni
Participation Rates
$
4,259,854
$
5,955,054
$
10,000,000
9,674
13,882
21,000
21%
23%
30%
Source: Office of Institutional
Development
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Goals: Financial Resources
 Attain overall financial position that is
among the strongest of private research
universities
 Maintain or improve current bond rating
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Financial Resources
Endowment
Market Value
Payout Rate
1
FY 1998
FY 2003
FY 2008 Goal
$531,396,000
$633,471,000
$1,000,000,000
5.4%
6%
5%
5%
5%
7%
29%
31%
30%
3%
4%
7%
2
Endowment Payout as a % of
Total Revenue
Unrestricted Revenues
Net Tuition and Fees as a % of
3
Total Revenue
Indirect Cost Recovery as a % of
Total Revenue
Licensing Income
4
$
6,633,181
$
5,194,399
$
10,000,000
Rating
Bond Ratings5
1
A1, A+
A1, A+
2
Includes gift annuities. Payout rate is
3
pooled endowment rate. Total
4
unrestricted operating revenue. Does
not include ~ $5M Debiopharm
5
settlement. Moody's, Standard & Poor's
Sources: Offices of the Treasurer,
Accounting
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A1, A+
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Tulane in 2008
 Firmly perceived as a distinguished
and distinctive research university
 One of the top 20 private research
universities in the U.S. (overall quality
and reputation)
 Among the top 25 of all universities in
the U.S. (undergraduate quality)
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Tulane in 2008
(cont’d.)
 Among the top 50 in terms of per
capita research and development
expenditures, with a clear focus in five
areas related to science and
engineering
 Strongest financial position since 1834
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Other Metrics
 Graduate Programs
 Economic Development
 Any others?
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Goals
 Ambitious enough?
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Tulane University
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