Institutional Stewardship
In support of the Bastyr University mission and the foregoing strategic initiatives, the University will establish and/or perpetually maintain the following planning documentation to ensure ongoing financial stability, sustainability and intentional stewardship of institutional resources:
- A financial model that reflects the most current Bastyr University financial data and forecasts the economics of the University’s future priorities.
- A plan to integrate financial goals with the University’s strategic plan.
- A comprehensive assessment that defines key strategic plan parameters, evaluates risk and identifies a stable financial support plan.
- A long-term capital budget that integrates facility needs, equipment procurement, preventive maintenance and repair timetables that are consistent with the strategic plan.
- A broad-based, strategically developed program of continuing donor development to achieve annual financial goals, grow cash reserves/endowments and support University campaign initiatives for well-articulated projects.
- An on-going plan to maximize Bastyr’s annual auxiliary revenues.
- An ambitious but realistic program for financial investment to achieve established fiscal goals.
Bastyr University has played a key part in establishing the credibility of science-based natural medicine and initiating the current transformation of the health care system. In order to retain the University’s leadership role in promoting the benefits of natural medicine, we will continue to improve and transform the institution into a fully developed, well-financed, mature academic center for the natural health arts and sciences.