University Establishes Budget Relief Fund
Posted: September 6, 2002 at 1:00 am, Last Updated: November 30, -0001 at 12:00 am
By Daniel Walsch
In response to interest by members of the George Mason community to directly help with current budget crisis, the University Budget Relief Fund has been created to receive contributions from any segment of the community. A number of senior administrators have felt a particular responsibility to help launch this fund, which will continue through Oct. 15 and be maintained by the Development Office.
“Many people from all areas of the university have asked what they can do to help us address what we anticipate will be a significant reduction in our operating budget,” says President Alan Merten. “The Budget Relief Fund is being established to help lessen the impact of this cut.” This special fund, he notes, will only be used to directly offset any overall university budget reduction in the current fiscal year.
Last month, Gov. Mark Warner instructed all state agencies to prepare budget cut plans of 7 percent ($7.3 million for George Mason), 11 percent ($11.5 million), and 15 percent ($15.7 million) by Sept. 20. By mid-October, each agency will learn which scenario will be implemented.
Over the years, contributions by George Mason’s faculty, administration, and staff have helped support university students and programs through gifts for scholarships, research, and activities in its academic units, athletics, and other areas. Such support continues to make an important difference, especially during times when George Mason is feeling the impact of the state’s fiscal crisis. During the 2001-02 academic year, 400 members of the faculty, administration, and staff contributed to the university.
Contributions should be made out to the George Mason University Foundation and sent to the Development Office, MS 1A3. For more information, call (703) 993-8850.