I N S I D E T H I S
I S S U E : :

New funding oppor-
tunity from Wake
Forest Innovations

3

Applications
available
for
the Career Develop-
ment
for Women
Lead-
ers Program (CDWL)

6

Provost’s
Supporting
Academic
Work Funds
deadline April
1

7

Provost’s Newsletter

M A R C H 2 5 , 2 0 1 4

V O L U M E 2 , I S S U E 4

S P E C I A L D A T E S O F
I N T E R E S T :

March 26th: Provost’s
Annual
Address,
4:00 PM |
Pugh Auditorium, Benson

March 31st: Correspondenc-
es,
A Gallery Conversation
with James
Rosen,
5:00 PM
|
Charlotte
and Philip Hanes
Art
Gallery

April
4th:
Campus
Connec-
tions,
8:45 AM | Benson
401

April
8th:
TechXploration,
12:00-3:00 PM, Benson
401

April
10th:
Secrest
Artists
Series,
Xiayin Wang, pianist,
7:30 PM | Brendle
Recital
Hall

Message from the Provost...

REMAINING
2013-14

NEWSLETTER DATES

May 6

This
time
of
year
is
always
rewarding, as we
gather to
celebrate innovative
teaching awards
as
well
as faculty
publishing books and
producing creative works
over the
past academic year.
Amid
this
vital activity,
we
continue
to
address
a
set of
pressing financial/budget topics; this
opening letter is
devoted
to
brief
discussions
of
those.
Proceeding alphabetically:

Capital Campaign. Our initial ‘Wake Will’
efforts
have
had
a
significant impact
on
student financial
aid,
with
nearly
$70 million
raised
to
date; some
$15 million
is
specifically
directed
to
support first-
generation
WFU
students
through
our Magnolia Scholars
program. An
additional $40 million
has
been
pledged
to
support faculty
and
academic departments,
for needs
ranging from
lab
equipment
and
faculty
travel funds
to
endowment of
the
Humanities
Institute, faculty
chairs,
and
depart-
mental support. (As with
most financial support,
monies
are
received
not in
one
big bundle,
but as
pledges which will be
realized
in
coming years.) Thanks in
part to
these
fundraising successes,
and
our recent fiscal discipline,
our tuition
increase for 2014-15 is
WFU’s
smallest in
35 years.
Coming
months
will bring a
heightened
focus
on
securing funds
and
endowments
to
support academic de-
partments
and
programs.
The
athletics
campaign
also
announced
a
recent series
of substantial gifts
to support a planned
sports-performance
center. This
facility,
to
be
built behind
the
Miller Center, will be
paid
for entire-
ly
through
private
funds.
This
move was necessitated
in
part to
accommodate
the
planned
renova-
tion
of
Reynolds
Gym
to
accommodate
faculty,
staff and
student needs,
especially
related
to
well-
being.
Fringe
Benefits. Owing to
a
combination
of
factors—national upward
trends
in
health-insurance
costs,
a
34%
increase
in
our faculty/staff
medical-benefits
claims,
and
Affordable
Care
Act
man-
dates—the
cost of
our medical benefits
has considerably
outstripped
our budgeted
rates this
year,
and
heightened
levels
are
expected to
continue.
University
reserves will
cover the
unfavorable
var-
iance this year, which is projected to be upwards of $700,000. Although the university contribution
to
benefits
will increase significantly
for FY14-15 and
beyond,
we
still must address
the
rising cost of
medical benefits
in
a
sustainable
manner.
As we
have
done
in
the
past and
most other universities/
colleges
have
more
recently,
we
are
looking at adjusted
co-pays,
premium
rates,
and
the
like.
Leadership Project. President Hatch
recently
announced
an effort to
engage
our students and
broader community
in
reflective
conversations with
leaders (and
those
who
study
leadership) who
span
diverse
career paths,
generations
and
worldviews.
A faculty/staff
advisory
committee
will be
involved
in
the
design and
implementation
of
the
Project. Some
of
the
suggested
speakers
to
be
invited to
campus
include
presidential/U.S. cultural historians
Doris
Kearns Goodwin
and
Jon
Meacham, and
a
panel on
women’s
leadership
that
would
feature
Sheryl (Lean
In) Sandberg and
author-New
York Times columnist Gail Collins,
among others.
Later this
week,
pioneering
African
American
football coach
and
author Tony
Dungy
will speak
on
campus
and
meet with
several stu-
dent groups.

Strategic Resource Initiative (specifically parking). A full SRI report will be issued in coming days, but
a preliminary word on the most-discussed aspect—a proposed parking fee. Vigorous faculty and
staff engagement on this topic centered around two main suggestions: (1) slowing down the deci-
sion process to enable us to study parking in the wider context of sustainable transportation prac-
tices on and nearby the Reynolda campus; and (2) reducing demand for on-campus parking with a
financial incentive
to
carpool or park off
campus.

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