1. Tulane University Long-Term Strategic Plan Update Board of Tulane September 30, 2004

2. 9/30/042 Long Term Strategic Plan Agenda  Overview of strategic initiatives with focus on objectives for FY 2005-2008  Update on University Scorecard

3. 9/30/043 Tulane Today  On the cusp of transforming into a truly distinctive, preeminent research university characterized by:  Outstanding quality of student body  Unique collegiate experience  Significance and impact of research in selected areas  Commitment to economic development and community engagement

4. 9/30/044 Mission Statement Tulane’s purpose is to create, communicate, and conserve knowledge in order to enrich the capacity of individuals, organizations, and communities to think, to learn, and to act and lead with integrity and wisdom.

5. 9/30/045 OverviewofStrategic Plan Primary Goals Overview of Strategic Plan Primary Goals  Significantly enhance academic position, reputation, and visibility among major research universities  Broaden and deepen community engagement in areas that significantly strengthen the University as well as the community

6. 9/30/046 Overview of Strategic Plan Primary Goals (cont’d.):  Strengthen financial position relative to peer and aspirant universities  Firmly position Tulane as a preeminent 21st-century research university

7. 9/30/047 Strategic Priorities Priority 1 - People Goals:  Improve compensation and benefit packages  Increase diversity of faculty, staff, and students  Identify non-salary incentives and rewards  Implement professional development opportunities

8. 9/30/048 Strategic Priorities Priority 1 - People Objectives FY 2005-2008:  Selectively increase size of faculty  Sustain competitive compensation levels  Re-engineer health insurance program  Increase number of minority graduate and professional students  Increase diversity of faculty and staff at particular ranks

9. 9/30/049 Strategic Priorities Priority 2 – Education/Research Goals:  Create exemplary undergraduate experience  Increase research activity and funding  Further develop major focus areas  Selectively strengthen graduate and professional programs  Facilitate greater interaction across schools and colleges

10. 9/30/0410 Strategic Priorities Priority 2 – Education/Research Objectives FY 2005-2008:  Selectively build graduate programs with greatest potential for distinction  Continue to develop research administration, infrastructure, and advancement functions  Develop new strategies to further enhance major focus areas to increase funding and program areas

11. 9/30/0411 Strategic Priorities Priority 2 – Education/Research Objectives FY 2005-2008 (cont’d.):  Improve quality of student services and facilities  Develop criteria/process for review of organized research centers

12. 9/30/0412 Strategic Priorities Priority 3 – Community Engagement Goals:  Enhance quality and functionality of university facilities  Form partnerships to advance goals and strategies  Increase community involvement in New Orleans and Louisiana  Continue to build a strong university community

13. 9/30/0413 Strategic Priorities Priority 3 – Community Engagement Objectives FY 2005-2008:  Continue to improve condition and productivity of all facilities  Strengthen connections in selective international markets  Escalate technology transfer activities and initiate business development strategies

14. 9/30/0414 Strategic Priorities Priority 3 – Community Engagement Objectives FY 2005-2008 (cont’d.):  Build identity that aligns students, faculty, staff, alumni, and friends with the university for life  Strengthen alumni participation and involvement  Maintain an intercollegiate athletics program that is mission consistent and financially viable

15. 9/30/0415 Strategic Priorities Priority 4 – Resources/Leadership Goals:  Enhance quality and functionality of libraries and information technology  Successfully complete comprehensive campaign of at least $650 million  Maintain a strong financial position

16. 9/30/0416 Strategic Priorities Priority 4 – Resources/Leadership Objectives FY 2005-2008:  Continue to strengthen library collections and resources  Revise information technology strategic plan, with plans to increase number of technology-based classrooms  Focus fund-raising on priorities of strategic plans and endowment support

17. 9/30/0417 Strategic Priorities Priority 4 – Resources/Leadership Objectives FY 2005-2008 (cont’d.):  Position development program to ensure sustainable giving levels after comprehensive campaign is completed  Strengthen, as needed, the advisory boards of the schools and colleges

18. 9/30/0418 Strategic Priorities Priority 4 – Resources/Leadership Objectives FY 2005-2008 (cont’d.):  Continue to enhance financial position through improvements in DMC model, operations efficiency, endowment performance, and increased alumni annual giving levels

19. 9/30/0419 Why a Scorecard?  A set of metrics to measure progress  Summarizes accomplishments, outlines goals  Indicators: Research Funding Research Funding Undergraduate Student Quality Undergraduate Student Quality Graduate School Measures Graduate School Measures Faculty Compensation Faculty Compensation Endowment and Other Financial Resources Endowment and Other Financial Resources Gifts Gifts Other Key Measures Other Key Measures

20. 9/30/0420 Goals: Research Funding  Build a science and engineering research base that ranks in quality among the top comprehensive private research universities in the nation  Achieve top 50 status among universities in terms of per capita R&D expenditures

21. 9/30/0421 Research Funding Research Funding (in thousands)FY 1998FY 2003FY 2004 4 FY 2008 Goal Total Research & Development Awards 1 $ 71,365$ 118,074$ 131,000$ 200,000 Total Federal Expenditures 2 $ 69,900$ 92,300$ 105,600$ 150,000 NSF Awards 3 $ 3,090$ 5,586$ 5,567$ 10,000 NIH Awards 3 $ 29,345$ 71,132$ 75,304$ 100,000 NIH Ranking Among All Institutions 3 967870 NIH Ranking Among Domestic Institutions of Higher Education 3 776650 1 As of Tulane Fiscal Years ending 6/30/98, 6/30/03, and 6/30/04. 2 From the Schedule of Expenditures of Federal Awards for the Years ended June 30, 1998 and June 30, 2003, and Independent Auditor's Report, (Deloitte & Touche); 2004 data estimated, to be finalized October 2004. 3 As of Federal Fiscal Years ending 9/30/98 and 9/30/03. 4 As of 9/13/04. Sources: Research Administration, Controller

22. 9/30/0422 Goals: Undergraduate Student Quality  Increase the quality of the student body, particularly the undergraduate student body, based on appropriate input and output measures  Achieve top 25 status among all research universities in quality of undergraduate student body

23. 9/30/0423 Undergraduate Student Quality Undergraduate Student Quality 1 19982004* FY 2008 Goal SAT Average Score127813441350 Rank in top 10% of high school class52%63%70% Acceptance Rates78%44%35% Yield Rate22%21%25% Undergraduate Retention Rate 2 85%87.7%90% Graduation Rate 3 72.2%73%80% * As of 9/13/04 1 Statistics exclusive of University College 2 Freshman to Sophomore retention 3 6-year graduation rates for the cohorts of 1992 and 1998 Sources: Offices of Admission, Registrar

24. 9/30/0424 Goals: Graduate School  Increase the quality of graduate programs and the student body, based on appropriate input and output measures  Increase percentage of minority graduate students  Increase the number of graduate students participating in funded research

25. 9/30/0425 Graduate School (under review) Preliminary Graduate School* Measures19982004 1 Preliminary FY 2008 Goal Avg. GRE Score, Enrolled Domestic Students120412001250 Number of Enrolled PhD Students877847900 PhD Acceptance Rates24%28%25% PhD Yield Rates46%53%55% Number of Enrolled Master's Students101285300 *The Graduate School offers graduate programs in Engineering, the Sciences (including programs at the Health Sciences Center), Social Sciences, and the Humanities and Fine Arts. 1 As of September 1; official headcount finalized October 1 Source: Graduate School Admissions

26. 9/30/0426 Graduate School (under review, cont’d.) Preliminary Graduate School Measures19982004 1 Preliminary FY 2008 Goal Percentage of All Enrolled Students who are Underrepresented 1 Domestic Minorities 2 2%3%6% Percentage of All Enrolled S&E Graduate Students Supported on Grants 2 17%18%25% Average Time to Degree for PhDs Awarded6.3 yrs.6.6 yrs.6.3 yrs. National Research Council Rankings 3 1 Includes African-Americans, Hispanics, and Native Americans. 2 2003 data; 2004 count not available until October 1. 3 Data collection for the National Research Council’s next study of the quality of research doctoral education at academic institutions in the United States has been postponed until 2007 while the survey and data collection methods are revised. Source: Graduate School Admissions

27. 9/30/0427 Goals: Faculty Compensation  Lose no faculty (or staff) to other institutions because of non-competitive compensation and benefits  Have faculty (and staff) compensation packages that are in the 25th percentile of appropriate benchmark groups

28. 9/30/0428 Faculty Compensation FY 1998FY 2004 FY 2008 Goal Faculty Compensation (and Percentile Rankings) 1 Professor Associate Professor Assistant Professor $83,500 (2) $55,400 (4) $52,700 (1) $100,200 (2) $ 69,700 (3) $ 61,100 (2) (1) (1) (1) 1 American Association of University Professors Faculty Salary Survey data. Percentile rankings are as follows: 1+ = 95th percentile; 1 = 80th percentile; 2 = 60th percentile; 3 = 40th percentile; 4 = 20th percentile. The figures cover full-time members of the instructional staff excluding those in medical schools. Sources: Human Resources, Technology Infrastructure Services, Tulane Cyborg database; data compiled for the annual Association of American University Professors (AAUP) Salary Survey; Chronicle of Higher Education

29. 9/30/0429 Goals: Endowment and Other Financial Resources  Attain overall financial position that is among the strongest of private research universities  Maintain or improve current bond rating

30. 9/30/0430 Endowment Endowment* (in thousands)FY 1998FY 2004 FY 2008 Goal Market Value 1 $ 539,366$ 722,185$ 1,000,000 Payout Rate 2 5.4%6%5% Rank By Size Among All Universities 3 767260 *As of 6/30/98 and 6/30/04 1 Totals includes gift annuities 2 Payout rate is pooled endowment rate 3 1998 ranking includes 506 public and private institutions participating in the comparative-performance study by the National Association of College and University Business Officers; 2003 ranking includes 717 such institutions; 2004 ranking data not available. Sources: Treasurer; Cambridge Associates; Chronicle of Higher Education

31. 9/30/0431 Other Financial Resources Other Financial Resources (in thousands)FY 1998FY 2004 FY 2008 Goal Licensing Income $ 6,633 $ 6,070 $ 10,000 Number of Invention Disclosures Received214975 Number of U.S. Patents Issued71020 Rank Among All Universities 1 171915 Bond Ratings 2 A1, A+ 1 Ranking data for 2002 based on responses of the 156 colleges and universities, including 94 of the 100 institutions that spend the most on research, that responded to the AUTM annual survey in 2003; 2004 ranking data not available. 2 Moody's, Standard & Poor's Sources: Technology Transfer and Business Development, Treasurer; Chronicle of Higher Education; Association of University Technology Managers (AUTM)

32. 9/30/0432 Goals: Giving to Tulane  Complete a comprehensive campaign of at least $650 million  Increase the size of the endowment, total giving, and alumni participation levels

33. 9/30/0433 Giving to Tulane Gifts (in thousands)FY 1998FY 2004 FY 2008 Goal Gifts & Pledges 1 $ 33,610$ 72,949$ 100,000 Total Gifts (Cash) to Annual Fund 2 $ 4,260$ 6,626$ 10,000 Alumni Participation Rates 3 17%26%30% Alumni Giving Rank Among National Universities 4 864535 1 Received from Alumni, Parents, Friends, Corps. & Foundations, Organizations, Matching Gifts, and Bequests. 2 As of 6/30/98 and 6/30/04. 3 Calculated through 2004 as the # of undergraduate degreed donors divided by the # of solicitable (valid addresses) degreed alumni, as reported in US News & World Report's "America's Best Colleges" annual ranking. 4 Ranking data is for 2003; 2004 ranking data not available. As defined by US News & World Report, National Universities are the 248 American universities (162 public and 86 private) that offer a wide range of undergraduate majors, master's and doctoral degrees; many strongly emphasize research. Sources: Institutional Development; US News & World Report "America's Best Colleges"

34. 9/30/0434 Tulane in 2008 Firmly perceived as a distinguished and distinctive research university Firmly perceived as a distinguished and distinctive research university One of the top 20 private research universities in the U.S. (overall quality and reputation) One of the top 20 private research universities in the U.S. (overall quality and reputation) Among the top 25 of all universities in the U.S. (undergraduate quality) Among the top 25 of all universities in the U.S. (undergraduate quality)

35. 9/30/0435 Tulane in 2008 (cont’d.) Among the top 50 in terms of per capita research and development expenditures, with a clear focus in five areas related to science and engineering Among the top 50 in terms of per capita research and development expenditures, with a clear focus in five areas related to science and engineering Strongest financial position since 1834 Strongest financial position since 1834

36. 9/30/0436 Tulane University