5. A. 2. The institution’s resource allocation process ensures that its educational purposes are not adversely affected by elective resource allocations to other areas or disbursement of revenue to a superordinate entity.
As a non-profit institution, Miller College allocates all revenue raised through the four income streams noted in 5.A.1 to general operations that directly support its educational endeavors. To ensure that this is accomplished, an annual line item budget is prepared with input from all areas of the College (See 5.A.5), and the Executive Director of Finance makes all information in the budget available for viewing to all members of the College throughout the budget development and approval process. Miller College does not provide financial support for any activities or capital outlays that are not directly related to its primary educational purpose. Miller College does not support an athletic program or maintain student housing.
In addition to the revenue streams detailed in 5.A.1, Miller College relies on additional, private sources of revenue for scholarships and specific initiatives that support both the learning of Miller College students and the College’s mission of service to the community. The annual Children’s Literature and Theater Project, now completing its third year, is entirely funded through grants and in-kind contributions from the community, and provides opportunities for Miller College students to volunteer in the community and to develop their proficiency in the evaluation of children’s writing. Miller College recently received a grant from the Nonprofit Alliance to upgrade faculty and staff computers, while a grant from the DENSO Corporation early in the College’s history enabled the creation of a computer lab/classroom, thus assuring that all members of the Miller College community have access to the most up to date technological resources for teaching and learning. The Miller College Alumni Association engages in fundraising activities, such as an annual disc golf tournament and New Year Challenge, to support scholarships for current students. The Binda School of Education sponsors workshops and professional development activities for practicing teachers to earn State Board-Approved Continuing Education Units (SB-CEUs), and these activities are funded entirely through modest grants and fees charged for the programming. Thus, while Miller College does engage in activities that are not directly related to its primary educational purpose of undergraduate education, such activities are self-sustaining and do not divert revenue from educational activities, support the Miller College Mission of demonstrating service to the community and add value to the undergraduate experiences of students who elect to get involved with them (See Grant prospectus for Children’s Literature Project, Grant Information on DENSO computer lab, record of SB-CEU offerings for 2011-12).
Evidence:
Designed and created by DDM Marketing & Communications.