If you’re interested in learning how to improve compliance management, explore how other institutions are handling alternative strategies in their endowment portfolios, or gain greater insight on the results from the 2017 NACUBO Tuition Discounting Study, then consider these webcasts:
- Tracking Compliance in Treasury and Finance. Universities are faced with increased compliance requirements from stakeholders, state and federal agencies, and other interested parties. Keeping track of what is required and who is responsible is vital in managing this area. In this October 3 webcast, North Carolina State University, Raleigh, discussed how it developed a shared, collaborative document that identifies the varied compliance requirements within its six departments (cashier, controller, contracts and grants, debt, foundations, and materials management).
- Hedge Funds and Endowments’ Operational Infrastructure. As endowments continue to invest in alternative strategies, they use a variety of approaches to address the operational complexity inherent in these asset classes. During this webcast, to be held on October 9, panelists will review the data challenges specific to hedge funds, private equity, and real estate; explore the challenges and some options to consider in structuring the investment programs to support these diversified strategies; and, discuss the impact of various approaches to data management on the effectiveness of the resulting risk analysis.
- Striking the Right Balance: Using the Results of the 2017 NACUBO Tuition Discounting Study to Meet Enrollment and Revenue Goals. Tuition discount rates at four-year private, nonprofit colleges and universities reached record levels in 2017–18, resulting in declining net tuition revenue at many of these institutions. Rising discount rates bring myriad challenges, particularly concerns about decreasing enrollment, difficulties of finding new revenue sources to support rising institutional aid expenditures, and meeting students’ needs in an era of declining resources. This November 14 webcast will summarize the results of the 2017 NACUBO Tuition Discounting Study and offer the latest trends in undergraduate tuition discount rates and the impact of tuition discounting on net tuition revenue.
Attendees will also learn about the strategies campus leaders and industry experts are employing to increase enrollment and net revenue during these challenging times.
To register for these webcasts or to learn more about future programming, visit the NACUBO website and click “Conferences & E-Learning” and then select “E-Learning.”
NACUBO’s recently recorded webcasts provide members with tools and resources to navigate the areas of procurement, legislation, and stewardship responsibilities. The following e-learning opportunities from September are currently available:
- Leveraging the Procurement Function as a Key Tool to Advance Mission and Goals—How Do We Get There? The September 12 webcast featured a panel of experts discussing the latest challenges in higher education procurement, important considerations for making positive incremental change, and how the chief procurement officer, with CBO support, can drive important strategic initiatives on campus that go far beyond traditional “purchasing.”
- Legislative Lunchcast: A Washington Update from NACUBO. As part of its ongoing efforts to provide business officers with varied perspectives on the political climate and potential budgetary, tax, and regulatory changes, NACUBO continues to offer its popular 30-minute webcast series free of charge. During the September 14 webcast, presenters provided the most recent outlook on the Tax Cuts and Jobs Act, the federal budget for student aid and research, reauthorization of the Higher Education Act, and more.
- Effective Finance Committees: How to Bridge the Stewardship Gap. Offering a fresh look at the needs of finance committee members, the September 18 webcast presented concepts from the newly published book, Bridging the Stewardship Gap Toward Effective Finance Committees. The presenters shared guidance on how to best communicate financial results within the context of an institution’s business model, what committee members need to know to fulfill their stewardship responsibilities, and how senior financial leadership can respond to trustee needs.
To view these recordings, visit the NACUBO website and click on “Conferences & E-Learning” and then select “E-Learning.”
The 2017–18 cohort of NACUBO Fellows celebrated the closing of their program year at the NACUBO 2018 Annual Meeting in Long Beach, Calif. Read also “SoCal Collaborations”.
Over the course of the year, the 15 NACUBO Fellows worked together and with higher education leaders to deepen their knowledge of business management, institutional communications, and the CBO role. The Fellows also enhanced their leadership skills as they learned about the core competencies needed to succeed as CBOs.
For their culminating project, the Fellows collaborated in small groups to address an institutional challenge in the form of a case study, and prepared solutions for presentation to an “executive council” that included four current and former NACUBO board members.
At the primary representatives meeting on July 22, 2018, the NACUBO membership approved changes to the association bylaws, which were approved by the board at its March 2018 meeting. These include:
- Changes to align the bylaws with updated laws governing nonprofit associations.
- Edits to ensure that the board’s structure and authority reflect the important role it plays for NACUBO, including the addition of a nominating committee as a standing committee of the board.
- Edits to change the voting status of the president and CEO to director, ex officio, without vote.
- Dues Increase
Additionally, NACUBO members also approved a 3 percent dues increase for the 2019–20 membership year. This will result in an increase ranging from $25 to $267 for institutional members, allowing NACUBO to continue providing high-quality resources and services to its members and effectively advocating on behalf of higher education.
NACUBO Live! allows you to stream sessions in real time or watch recorded sessions from recent programs. Here are the latest offerings:
Tax Forum—the latest information on issues and best practices in higher education tax compliance and administration. To be held October 14–16 in Denver, it serves as both an annual update and future outlook, featuring presentations on timely subjects impacting the college and university tax community.
Remote attendees will be able to view sessions in real time, ask questions, and earn credits for the following sessions:
- View from Washington, D.C.
- Understanding the New UBTI Increase for Qualified Transportation Expenses.
- Excise Tax on Compensation: How the Old Rules Fit Into a Post-Tax Cuts and Jobs Act World.
Planning and Budgeting—the latest techniques in higher education resource management. This two-day program in September covered topics related to financial reserves, integrated benchmarking, performance metrics, capital planning, maximizing resources for student success, and more.
The on-demand recordings from this year’s program include the following sessions:
- Budgeting for Collaboration: Planning a Shared Services Advising Center.
- Good COP/Bad COP—Evaluating the Cost of Programs.
- Budget Recalibration—The Process Used for Moving From an Incremental to Modified RCM Model at UW Bothell.
- Extending Academic Analytics: Making the Most of Hard Work.
- Integrating NACUBO’s Economic Models Project With Institutional Planning.
- Revamping Budgeting at St. Thomas: Incentive-based, Results-focused, Data-driven.
- Developing a Strategy for Administrative Spend in Your University—Data Can Help!
To register for either program, visit the NACUBO website and click on the “Conferences & E-Learning” tab and then click “NACUBO Live!”