“In this, my seventh annual report of Emory University, coming as it does after two years of budget cutting and in the midst of continuing economic climate change, I truthfully can say that the state of Emory University is good and the outlook for it positive.”
As we pass the midway point of our ten-year strategic plan, we continue to be certain that, for Emory, “where courageous inquiry leads” will be to the place where Emory is a great uni-versity, not a multi-versity.
The closing of FY2010 is significant in several important ways. We completed the budget and operational changes necessary to adjust to the reduction in investment and endowment income as a result of the 2008 global economic crisis. At the same time, we reflected on and celebrated the many accomplishments achieved by the midpoint of Emory’s ten-year strategic plan.
Despite the continued economic uncertainties of FY2010, Emory continued to focus on what it could control to improve its financial strength with both short-term and long-term strategies supporting our mission of research, teaching, health care, and social action.