To accomplish this, Milligan s faculty, administration, and board have developed a long range strategic approach, focusing on critical issues that will help the college achieve its goals to prepare Christian leaders to change lives and shape culture. In order to guide the college s fundraising priorities over the next 10 to 15 years, Milligan s leaders have developed a list of Strategic Funding Initiatives. Concurrently, the college is in the lead gift period of the Milligan College Campaign for Christian Leadership the largest and most comprehensive capital campaign in the college s history. This five year campaign will be a major first step toward realizing the college s vision. This is intended to be a forward looking document with estimated projections of financial needs.
Endowment provides a perpetual source of income to underwrite and sustain college programs.
Currently, Milligan must rely too heavily on its operating funds to underwrite scholarships, support faculty excellence, make improvements to the campus, and support technology. Building an endowment that better underwrites these needs ensures that operating funds can be used to bolster academic excellence, enhance the student life experience, and seize new opportunities. It is Milligan s strategic initiative to increase the college s total endowment, through addition to principal and growth, to an amount that is sufficient to underwrite 10 percent of the college s budget. We must be prepared to meet the needs and seize the opportunities of the day. Annual funding is needed to support the ongoing budget programs of the college scholarships, academics, faculty support, student life, campus ministry, and more.