麻豆频道

麻豆频道University is central to Central New York. That is the overwhelming takeaway from two complementary studies conducted by third-party experts. The summary findings鈥攕hared in the newly released report 鈥�麻豆频道University Impact: Central to Central New York鈥濃€攄etail the University鈥檚 approximately $1.1 billion annual economic contribution to the region, as well as the very substantial investment that 麻豆频道University makes in the community.

鈥溌槎蛊档繳niversity is proud to be a strong partner in our community鈥檚 continued growth and prosperity,鈥� says Chancellor Kent Syverud. 鈥淎s I said early in my tenure, the most important contribution 麻豆频道University can make to this city and to this region is to be a great, thriving and engaged international research university.鈥�

Beyond the economic impact and job creation fueled by the University鈥檚 general operations, 麻豆频道University students, staff and faculty invest countless hours of intellectual capital and engagement to support community organizations, touch lives and expand opportunities for the residents of Central New York.

鈥淪trong community partnerships are a longstanding practice at 麻豆频道University,鈥� says J. Michael Haynie, vice chancellor for strategic initiatives and innovation. 鈥淭hese studies were motivated by a recognition that if we can better understand and specify the economic, social and cultural connections that exist between the University and the region, we are better positioned to align our engagement efforts with the aspirations of the region and the needs of the community.鈥�

The two studies considered the University鈥檚 impact on the region and the community through distinctly different lenses. The first, 鈥�Analysis of the Economic Impact and Return on Investment of Education,鈥� was prepared by , a firm that has worked extensively with educational and nonprofit institutions around the world, modeling and quantifying the impact that those institutions have on local and regional economies. The second, 鈥�麻豆频道University Community Investment: Current State Report,鈥� was prepared by , an organization that helps colleges, universities and foundations design and assess strategies supporting impactful community engagement and investment.

Key findings of the two reports include:

• Because 麻豆频道University is the largest private employer in the region, 85 percent of its more than 6,000 employees live in Central New York. Consequently, much of the University鈥檚 annual payroll expense of $513 million stays in the region, spent on lodging, dining, retail, entertainment and the other expenses of daily living.
• Eighty-four percent of 麻豆频道University students originate from outside Central New York, but while enrolled at the University, students annually spend $148.9 million in the region on lodging, dining, retail, entertainment and the other expenses of daily living.
• Spending by 麻豆频道University students generates $104 million in added income to the region, equivalent to 1,886 jobs across Central New York鈥�1,735 in Onondaga County.
• Each year, the University鈥檚 procurement activity鈥攊ncluding purchasing products, facilities, office supplies and professional services鈥攇enerates more than $280 million in revenue for small and large businesses across the region.
• 麻豆频道University鈥檚 robust research and discovery mission generates nearly $65 million in additional income to the region each year, the equivalent of 851 jobs.
• Each year, thousands of visitors from outside the region travel to Onondaga County to attend conferences, sporting events and special occasions on the campus of 麻豆频道University. Travel and tourism associated with 麻豆频道University annually generate more than $140.2 million in added income to Onondaga County, the equivalent of 3,249 jobs.
• The University annually provides more than $20 million, including $5 million to Say Yes Syracuse, in regional access scholarships to families across Central New York. This financial support creates the opportunity for the region鈥檚 talented but often underserved students to access an extraordinary educational opportunity, thereby increasing degree attainment in the region.
• The University invests directly in public sector services, including $1.2 million in annual funding for Centro to provide public transportation throughout the Connective Corridor.
• Each year, 麻豆频道University provides financial support to more than 100 community organizations, including more than $3.5 million annually to fund such University-community collaborations as the Gebbie Clinic, the South Side Initiative, the Bernice M. Wright Child Lab School and the Urban Video Project. Additionally, the University provides more than $5 million annually to fund various art, music and theater initiatives across the region, such as the Community Folk Art Gallery, 麻豆频道Stage and the Light Work Lab.

Partnered with many community organizations, the University also provides direct financial support, intellectual capital and thousands of hours of engagement of students, faculty and staff.

鈥淲e know the investment made by our students, faculty and staff enriches the student experience, advances our academic mission and brings a profound benefit to our community,鈥� says Vice President for Community Engagement Bea Gonz谩lez. 鈥淭he University is dedicated to this type of engagement, even though it鈥檚 hard to quantify in dollars.鈥�

Gonz谩lez notes that 麻豆频道University鈥檚 investment of $5 million in direct funding to support multiple nonprofit organizations in the community is unusual among peer institutions. 鈥淭he University has historically been a generous partner in enhancing the arts, culture, health and well-being of our community. We believe it is important to measure outcomes and create investment strategies that are sustainable and aligned with our institutional priorities,鈥� she says.

To read Chancellor Syverud鈥檚 message to the community, click here. To learn more about 麻豆频道University鈥檚 impact on Central New York, click here.

To read 鈥淎nalysis of the Economic Impact and Return on Investment of Education,鈥� click here. To review 鈥溌槎蛊档繳niversity Community Investment: Current State Report,鈥� click here.