Sunday, September 23, 2012

UC fundraising arm cutting to fill budget gap - Cliff Peale, Cincinnati News

Just as it is poised to complete a $1 billion capital campaign by next summer, the University of Cincinnati’s fundraising arm is slicing jobs to plug its own $1 million budget gap. With about $940 million committed through Friday, UC is close to completing the $1 billion Proudly Cincinnati campaign as soon as December – six months ahead of schedule for the largest fund-raising campaign in the region’s history. But any cutbacks that hinder UC’s ability to raise $125 million annually beyond next year could be disastrous.

http://news.cincinnati.com/article/20120917/NEWS/309170080/UC-fundraising-arm-cutting-fill-budget-gap