Dear Brown Community,
Financial sustainability is a key to Brown’s academic excellence. Responsible stewardship and focused investments are making it possible for the University to fulfill the ambitious vision outlined in the Building on Distinction strategic plan.
I am writing to share the Fiscal Year 2017 Brown University Financial Report, which offers an overview of the expense and revenue factors influencing our financial statements:
As outlined in the report’s Financial Statement Overview, Brown enjoyed strong financial results in FY17, driven by prudent financial management, a sound investment strategy and successful fundraising.
The theme for this year’s report is the deep impact of Brown’s work in medicine, public health and brain science. As I note in the cover letter, future annual Financial Reports will highlight Brown’s strength in areas that include the arts and humanities; physical sciences and engineering; social sciences and public and international affairs; and teaching innovations that include experiential learning, entrepreneurship, curricular enhancements, and student opportunities for internships, travel and research.
These annual reports provide an opportunity to share efforts to elevate Brown’s stature as a leading institution of higher education. Brown’s mark of distinction continues to be our success in bringing together innovative teaching with world-class, collaborative research.