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January 2017

New On-Demand Webcasts Focus on Finance

Chief business officers play an integral role in assisting their executive leadership team and board to improve decision making, utilize analysis to enhance planning, and promote the institution’s long-term fiscal sustainability. Two of NACUBO’s recent webcasts focused on issues critical to the business office and how to properly address issues related to financial planning and fiduciary responsibilities for endowment management.

Strategic Analysis—Improving Financial Planning at New York University. During this webcast, panelists highlighted leading practices for driver-based modeling, pro forma financial statement forecasting, and scenario analysis to help evaluate strategic options, policy changes, and financial risks. Participants learned how NYU implemented a more insightful planning process by replacing decentralized models with standardized, fully integrated systems across its global network.

Ethics and Financial Markets: What Every Endowment Management Professional Should Know. This webcast explored the ethical and fiduciary responsibilities associated with endowment management. Speakers Orim Graves, executive director of the National Association of Securities Professionals and board member at Dillard University, New Orleans; and Michael McMillan, director of institutional partnerships, CFA Institute, discussed the importance of utilizing prudent ethical judgment to help develop trust with stakeholders, beneficiaries, services providers, and staff as it relates to endowment management. Attendees learned to identify whether their endowment management should consider adopting the CFA Institute’s Investment Management Code of Conduct for Endowments, Foundations, and Charitable Organizations.

These webcasts will be available on demand for one year from their original air date. To learn more about other webcast offerings, visit the “Distance Learning” page at

Wes Moore Named NACUBO’s 2017 Leadership Series Speaker

Wes Moore, a youth advocate, promising business leader, and author, will be the keynote speaker at the leadership enhancement series included in NACUBO’s five signature programs in 2017.

A former paratrooper and captain in the United States Army, White House Fellow, investment professional at Citigroup, and Rhodes Scholar, Moore will speak at the Endowment and Debt Management Forum, Student Financial Services Conference, Higher Education Accounting Forum, Planning and Budgeting Forum, and Tax Forum.

Moore is passionate about supporting veterans and examining the roles education, mentorship, and public service play in the lives of American youth. He serves on the board of the Iraq Afghanistan Veterans of America (IAVA) and spearheaded the American strategic support plan for the Afghan Reconciliation Program that unites former insurgents with the new Afghan government. He also founded an organization called Stand, which operates through Johns Hopkins University and works with Baltimore youth who are involved in the criminal justice system.

After his father died, Moore grew up in a single-parent household where his mother made great sacrifices to send Moore and his sisters to private school. Caught between two worlds—the affluence of his classmates and the struggles of his neighbors—Moore began to receive bad grades, suspensions, and delinquencies. After being sent to military school in Pennsylvania, Moore became accountable for his actions. By graduation six years later, Moore was company commander overseeing 125 cadets.

Moore will guide attendees through a discussion about higher education, access, and remaining engaged with students to help them find opportunities post-graduation.

He has been featured in People magazine, the New York Times, the Washington Post, C-SPAN, and MSNBC. His first book, The Other Wes Moore (Spiegel and Grau, 2010), which is the story of a man with the same name whose life took a completely different turn, was published in April 2010.

NACUBO Members Testify on 1098-T Proposals

Four NACUBO members testified on November 30, at an Internal Revenue Service public hearing regarding a Notice of Proposed Rulemaking that calls for significant changes to the IRS Form 1098-T.

During their testimony, NACUBO witnesses expressed support for aspects of the IRS proposal, but described how some of the requirements under consideration would increase burden and confusion, and do not reflect current university business practices.

Professional Development