I will present a 3 step plan to make UP Manila a financially sustainable component of the UP System that will help the university be one of the highly ranked university with its human resources and government subsidy as its strength and its ability to utilize and generate resources as the means with steadfast commitment to its mandate of providing Filipinos subsidized high quality education and access to medical services
Big portion of our budget is for personnel services. The MOOE (Maintenance and other expenses) is minimal and decreasing. The seaming increase in the total budget is due to government mandated increase in salary and increasing cost of utilities.
Better illustration of how we allocate our resources. A quarter of our MOOE is spent on Janitorial and Security services making our personnel services account to 85% of our entire budget. We only have 10% of our budget to run the various offices, research and training facilities of our institution
Increase UPM income for the improvement of existing facilities and offices and to enhance research and development programs. By the virtue of the UP charter of 2008, we have the greater flexibility in the development of UP assets in line with President Pascual’s leadership direction of establishing public private partnerships to increase our Income. Any increase inn our income has to be earmarked to a particular program or improvement since our government subsidy for our existing operations should be maintained or increased.
Tap our alumni iskolar ng bayan to create an unrestricted endowment fund with partner financial institutions here and abroad. By keeping the fund in these banks, we are tapping their expertise in managing the funds and giving the donor the assurance of how the fund is managed with the option for them to use the funds after a prescribed time or to keep it in the endowment fund. The income from this fund will help the university in its infrastructure development particularly asset preservation and improving the quality of infrastructure facilities to make us more competitive in our region. Development of Science and technology is the engine for our country's growth.
Agulto upm financial sustainability talk
<ul><li>The U niversity of the P hilippines is mandated to provide free access to education for indigent and deserving Filipinos. Finding alternative means to allocate sufficient funds for research and development fosters sustainability without the need to sacrifice government subsidy. This is one of the assigned duty and responsibility of a National University to help the country’s economic growth. As for the UP Manila, a Health Science Center, it ought to provide health research and services that would benefit both the institution and the community. Let the Filipino people redeem rights to these basic service that elevates the quality of life . </li></ul>
UPM Income Government Subsidy Personnel Services MOOE
<ul><li>“ It is not about the solution we could provide, but the right solutions we should offer.” </li></ul>
<ul><li>“ It is not how much resources we have but it is how we manage these available resources” </li></ul>
Increase Government Subsidy Improve the EFFICIENCY and EFFECTIVENESS of UPM Operations - Strategic review and restructuring of UPM Operations - Improve procurement system - Implement Quality Assurance Management System and process transformations
<ul><li>“ Are we just limited to these provided </li></ul><ul><li>subsidies or can we go for an </li></ul><ul><li>extra mile? ” </li></ul>
Increase UPM Income: Improvement of Existing Facilities and Offices, Enhanced Research and Development Programs “… by virtue of UP Charter of 2008, UP has now greater flexibility in the development of UP Assets”.
<ul><li>“ There is one more thing to do: </li></ul>Venture forth into new horizons ”
Giving Back to UPM, Unrestricted Endowment Fund Student- and Patient-Friendly University and Health Sciences Center SCIENCE & TECHNOLOGY UPM International and Local Financial Institutions ENDOWMENT FUND Students ALUMNI Public-Private Partnership
x 1B (in 10 Y) A BILLION PESO ENDOWMENT FUND: NEXT 10 YEARS
100 – 1,000 PESOS/ MONTH ENDOWMENT PLEDGE: ALUMNI, PROFESSIONALS 10 – 100 M Endowment PLEDGE from Private Institutions