UMass Dartmouth has been awarded $166,000 grant for software and training that will allow the university to manage its budget more efficiently. The grant was received from the Davis Educational Foundation established by Stanton and Elisabeth Davis after Mr. Davis’s retirement as chairman of Shaw’s Supermarkets, Inc.
"Higher education, like every other 21st century enterprise, needs to manage its resources with the highest degree of efficiency possible," said Chancellor Robert E. Johnson. "This grant from the Davis Educational Foundation will provide us the technology we need to make every dollar invested by families, taxpayers and donors count toward excellent education, groundbreaking research and meaningful community engagement."
UMass Dartmouth is in the process of implementing new budgeting processes that will make spending decisions more transparent and engage more people in the decision-making. The goal is to provide university stakeholders a clearer understanding of how the university is funded and how its money is spent.