Trustees and Presidents: A Podcast for University Leaders On College Athletics

Higher Education Finances in a Post-Coronavirous World- What's it like to be a Chief Financial Officer today?

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This podcast takes a deep dive into how Universities' Chief Financial Officers are handling this new era. As table top exercises are discussed, and the short, medium and long term financial impacts are implemented, Susan Whealler Johnston, PhD , President and CEO of the National Association of College and University Business Officers (NACUBO), provides you with an overview of finances in the post-COVID-19 world. Some of our conversation included:

  • NACUBOs new report on endowments—averages, trends, and now that the stock market is completely out of whack, how business officers should be talking to athletic development professionals about their fundraising efforts and goals;
  • Any sense of the distributions schools might be taking considering the drop in their portfolios?
  • The impact on student financial aid?
  • Business Officers are often the Chief Risk Management Officer on campus. In this age of coronavirus, what risks are they paying attention to? Anything specific to athletics?
  • What leadership strategies can Business Officers use to keep their President, Board and senior leadership team apprised of significant financial risks?
  • Not as much came from the economic stimulus act recently enacted as higher education would have preferred—how does NACUBO fit into advocating for more in the next round of stimulus?
  • Many colleges have margins that are really thin—what strategies does NACUBO suggest to help with the bottom line?
    • ...more
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    Trustees and Presidents: A Podcast for University Leaders On College AthleticsBy Dr. Karen Weaver
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