Advancement | SHARP Shared Service Costs

Advancement is responsible for managing relationships to increase understanding and support York's key constituents, including alumni and friends, members of the community and philanthropic entities of all types.

Advancement has two cost bins: the Development and the Alumni and Community Relations bins.

The Development Bin captures the costs related to efforts to promote and secure philanthropic support from alumni, donors, parents and friends, and is comprised of:

All central shared development costs and
50% - Vice President – Advancement Office

Cost Drivers:

Two Drivers, weighted as follows:

75% annual fund solicitation: 5-year rolling average of graduates, slipped two-years, by Faculty
25% major gift solicitation: 10-year rolling average of funds raised, slipped two-years, by Faculty

Methodology:

Costs are attributed based on 75% of a Faculty’s 5-year rolling average of graduates slipped two years, and 25% of a Faculty’s 10-year rolling average of funds raised, slipped one-year.

The Alumni & Community Relations Bin captures the costs related to managing alumni and donor information, processing gifts to the university and engaging York graduates on behalf of the university. Main areas include:

Convocation
Events and Ceremonials
Alumni Communications
Community
Relations
Alumni Engagement
50% of Vice-President - Advancement Office

Cost Driver:

Five -year rolling average of graduates from each Faculty

Methodology:

Alumni and Community Relations costs are attributed based on each Faculty’s share of a rolling average of graduates (degrees awarded) in the most recent 5 years, slipped two years.

Budgets & Assets Management