The University has created a University Fund which is financed from unallocated revenue, and from attributions by Faculties and Units. This Fund has been created for the purposes of funding the following:
Strategic Initiatives
Funds for strategic allocations including incentives for institutional priorities, assistance for special projects undertaken by Faculties or Units, and/or to help alleviate challenges.
Tailored Faculty Support
A portion of the University Fund is used to support some Faculties where needed.
Contingency
Funds to manage institutional risks and unforeseen costs.