In January 2007, OU President Gary Russi announced the creation of the Resource Development Fund (RDF) and solicited proposals for projects to strategically advance and creatively position Oakland University, while also providing a significant return on investment. The projects chosen for RDF support emphasize the accrual of resources within two years to address the economic issues facing the university as a state-supported institution of higher education.
Eight proposals were selected for implementation through the RDF, and several more are being funded by individual unit resources. Due to the quality and creativity of the proposals submitted, more than $1.1 million will be released in support of these innovative projects, all of which prove the OU campus community to be creative and committed to investment in Oakland’s future. This website will track the progress of many of these initiatives.
Each of these projects promises a healthy return on investment over the next two years, helping Oakland University advance during a period of challenging economic times and competitive markets. These investments should provide another, more meaningful return: increased distinction and growth for Oakland University.
The projects that will soon be put into action by our dedicated faculty and staff reinforce that OU is innovative, adaptable and committed to investing in initiatives that enhance the quality of our institution and, in turn, create more resources.