UNIVERSITY OF CINCINNATI JUNE 30, 2 008
The University is state supported with appropriations accounting for 20% and 18% of the total revenues of the
University in 2008 and 2007, respectively. Ohio’s trend in funding higher education has been positive in the past 3
years. Governor Strickland has also made a commitment to higher education which includes a proposed new state
appropriation formula based on retention rates, graduation rates, and increases in research. It is anticipated that this
new formula will benefit the University.
Private gifts will continue to be a critically important financial resource and a significant factor in the growth of both
academic and research activities. To address the issue, the University established an $800 million gift campaign to
span 8 years which commenced July 1, 2005 and will end on June 30, 2013. The campaign is the largest in the 188-
year history of UC. Expected campaign priorities are student scholarships, fellowships to encourage advanced
scholarship and research, endowed appointments for top-notch faculty, academic program support and campus
enhancements. Throughout the campaign, the Foundation expects to have more than 500 volunteers actively
engaged. Regional committees will also focus on cultivating relationships with alumni and friends. Work has already
begun in New York, Chicago, Washington, DC, and Silicon Valley.
The current investment climate has been volatile and the University will work to minimize losses and maximize profits
through employment of a long-term investment strategy. The ability to sustain a level of investment return which is
compatible with the endowment spending policy is strained given the current performance of national and
international financial markets. Such investment strategies will be continually reviewed in order to insure the most
efficient use of the University’s financial resources.