Strategic Initiative 1: Increase and diversify our sources of revenue and resources as well as ensure sustainable use to best achieve our mission and objectives.
This strategy focuses on increasing financial support for NCSSM through multiple sources of new revenue including revenue from the state, private giving, and NCSSM generated products and services. This strategy has a plan for receiving new recurring state funding of approximately $1.5 million dollars for distance education programming for which we do not currently receive state funding. The strategy also focuses on increasing the culture of giving to NCSSM by all of our constituents and through these plans we will generate, within five years, an additional $1.3 million dollars annually from private giving. This strategy has plans that focus on generating revenues from NCSSM developed products, services, and grants that will allow us to financially support our outreach efforts. Finally, this strategy also focuses on becoming more environmentally conscious in order to more sustainably use our resources on campus. As you can see, we will begin working on the majority of results in this strategy during the first year of implementation.
Specific Results:
| In Progress | Secure recurring state funding specific to the current operations and the expansion of distance education programming. |
| In Progress | All elected and appointed leaders of NCSSM, including members of the Board of Trustees, Foundation Board of Directors, and Alumni Association Board of Directors, model a culture of charitable giving by donating financially to NCSSM. |
| In Progress | NCSSM employees and students foster a culture of charitable giving to the institution by donating financially to NCSSM or making other contributions to the institution. |
| In Progress | Increase charitable giving from NCSSM alumni by an addition of $30K and 200 alumni annually. |
| In Progress | Increase charitable giving from current NCSSM families by an addition of $25K and 40 families annually. |
| In Progress | Increase corporate charitable donations to NCSSM by $200K annually. |
| In Progress | Generate revenue from financially self-supporting outreach programs to support the school’s mission. |
| Starts Year 3 | Apply for and receive contract or grant awards from state, federal, private foundation, or other qualified sources to fund institutional priorities. |
| Starts Year 2 | Generate net returns from NCSSM intellectual properties and products. |
| In Progress | Establish sustainable use of environmental resources as a standing priority in operational and instructional practices. |