Can University of Nebraska Foundation funds be used to help UNMC solve these current budget problems?
No. The University of Nebraska Foundation exists to provide a margin of excellence for University of Nebraska programs. Its funds come from private donors who wish to provide support for student financial aid, capital projects, endowed faculty chairs and other specific programs. Supporters of the university almost always give funds for specific purposes. Therefore, UNMC cannot use foundation contributions for general operations of the university. Q: With its state support eliminated, what is the future of the UNMC Alumni Affairs Office? A: Alternative sources of funding are being sought for the UNMC Alumni Affairs Office. Q: Are these the final budget-cutting measures that UNMC likely will face over the next few years? A: Regrettably, no. Because of the state’s budget situation, cuts in 2003-2005 are likely. Additional cuts would mean sacrificing more programs, which could jeopardize accreditation in some cases.
