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National leader in higher education finance selected for new position
Following a national search, Michigan State University President Samuel L. Stanley Jr., M.D., named Lisa Frace as the university’s first senior vice president and chief financial officer.
In this role, Frace will be responsible for managing the university’s ongoing financial progress, developing a comprehensive long-range financial plan and ensuring institutional resources are used effectively. Stanley announced the position and search last September.
“MSU’s financial stability is more important now than ever. Certainly, the pandemic has created unprecedented challenges, but it is also our responsibility as leaders to continually evaluate if our resource allocation matches our values and priorities,” said Stanley. “Lisa has spent her career re-imaging and modernizing budget and fiscal processes for higher education institutions. I am pleased to welcome her to MSU.”
How One Small College Exemplifies Higher Education s Problems — And Potential Solutions wgbh.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wgbh.org Daily Mail and Mail on Sunday newspapers.
Morton Schapiro, who has been president of Northwestern University since 2009, announced yesterday that he will end his tenure at the end of August 2022. In a news release, Northwestern touted increases in sponsored research activity, faculty with major national academy memberships, fundraising, construction projects and rankings during Schapiro's tenure. He wants to reach $1
Media Credit: Skylar Epstein | Staff Photographer
GW s endowment growth remained positive this year, avoiding the drop in value experienced by some of the University s peers endowments.
News By Ryan Anastasio Mar 1, 2021 12:06 AM
The University’s endowment growth for fiscal year 2020 is consistent with its peer institutions but falls slightly below the national average.
GW’s endowment increased in value by 1.35 percent in FY 2020, which ran from July 1, 2019, through June 30, 2020, ticking up from $1.779 billion to $1.803 billion. In an analysis of 705 institutions that included GW’s peers, the National Association of College and University Business Officers found that the University’s endowment return was slightly lower than the national average of 1.8 percent.