Program on Innovation and Financial Sustainability

Ad Hoc Committee on Promoting Financial Health and Sustainability

In fall 2020, President Christina H. Paxson convened the Ad Hoc Committee on Promoting Financial Health and Sustainability to develop recommendations to promote the long-term financial health and sustainability of the University.

The committee of staff, students and faculty, led by Provost Richard M. Locke, was given a two-pronged charge:

  1. explore options for Brown to leverage the University’s assets in technology, teaching and research to generate additional revenue; and
  2. develop strategies for slowing the growth of Brown’s expenses through the adoption of new operational practices.

President Paxson emphasized the importance of identifying opportunities to eliminate the University’s relatively small but persistent structural deficit so that the University would have the resources and flexibility to make strategic investments in academic excellence. At the outset, she emphasized that the intent of the committee was not budget cutting in response to COVID-19. Rather, she wrote “… the committee will engage in the kind of long-range planning that is necessary if we are to reduce Brown’s reliance on tuition and fees and ensure continued growth in the quality of our academic programs.”

Accordingly, and with the COVID-19 pandemic prompting the need to rethink and reimagine the role of research universities in service to society, the committee undertook its work thinking expansively about actions that would position Brown to achieve ever greater levels of academic and operational excellence in a fiscally sustainable way.

Committee Recommendations and Report

In May 2021, after several months of work including the formation of subgroups to focus intensively in several key areas of opportunity, the ad hoc committee produced a draft set of recommendations and options that could yield an estimated $26 million to $57 million annually, over time, once fully implemented. This included approximately $6 million to $7 million in savings and $20 million to $50 million in new revenue that would be available for strategic investments in both people (enhanced salaries, startup, financial aid, faculty growth) and infrastructure (technology, tools and equipment, etc.).

The committee also suggested that in addition to the specific proposed recommendations for cost savings and revenue enhancements, the University enact a mechanism to ensure that, as it advances innovative and consequential teaching, research and service, it continually strives to be the most efficient and effective University possible over the long term.

The ad hoc committee solicited feedback from the broader Brown community over several weeks through an online anonymous survey that generated about 90 responses. The committee incorporated several points of feedback to strengthen and clarify the recommendations. In September 2021, President Christina H. Paxson approved the final report and announced the implementation of the committee’s recommendations through the Program on Innovation and Financial Sustainability.

Committee Membership

The following members were appointed in October 2020:

Chair

  • Richard M. Locke, Provost

Faculty

  • Anna Aizer, Professor and Chair of Economics
  • Amanda Anderson, Director, Cogut Institute for the Humanities; Andrew W. Mellon Professor of English and Humanities
  • Ugur Cetintemel, Professor and Chair of Computer Science
  • Diane Lipscombe, Thomas J. Watson Sr. Professor of Science, Department of Neuroscience, and Director, Carney Institute for Brain Science
  • Ira Wilson, Professor and Chair of Health Services, Policy and Practice; Professor of Medicine

Students

  • Akilesh Raman, Undergraduate
  • Jordan Kei-Rahn, Undergraduate
  • Alastair Tulloch, Graduate Student
  • Ella Kirsh, Graduate Student

Staff Members

  • Amber Jackson, Manager, Athletics Travel
  • Matthew Salvatore, Director of Data Analytics and Strategic Marketing, Advancement

Administrators

  • Barbara Chernow, Executive Vice President for Finance and Administration
  • Timothy Fater, Assistant Vice President for Financial Strategy and Planning
  • Kimberly A. Galligan, Executive Dean, Division of Biology and Medicine, Warren Alpert Medical School
  • Adrienne Marcus, Dean for Pre-College and Summer Undergraduate Programs
  • Shankar Prasad, Deputy Provost and Vice President for Academic Innovation
  • William Thirsk, Chief Digital Officer and Chief Information Officer
  • Leah VanWey, Dean, School of Professional Studies
  • Neil Veloso, Executive Director of Brown Technology Innovations
  • Michael White, Vice President for Finance and Chief Financial Officer

Staffed by

  • Marisa Quinn, Chief of Staff to the Provost