In January 2012, the Foundation Board of Directors and staff began a collaborative strategic-planning process that included an internal assessment of the organization and external research to benchmark performance and identify best practices. Through this process, a striking new vision for the Foundation emerged that foregoes the shelter of modest goals, instead recognizing the opportunity to build an extraordinary new level of support for LSU. It is a twofold vision composed of two goals:
- Increase the amount of total annual fundraising from the current $30 million per year average over the last 10 years to over $60 million per year by 2016.
- Increase the LSU Foundation endowment from $330 million to $425 million by 2016 and to $680 million by 2022.
Realizing these goals will require nothing less than a transformation of the current organization and operations of the Foundation, the following strategic priorities identify the investments and changes required to deliver and sustain this new level of performance.
PRIORITY ONE: Invest in People
PRIORITY TWO: Redesign Organization and Operations
PRIORITY THREE: Strengthen Cross-Campus Collaboration
PRIORITY FOUR: Execute Large-Scale Fundraising Efforts