ULICAF and the LICC operates under an overarching sustainability strategy.
Currently, on the income side, this entails:
- Long-term financial support through individuals and institutions acting as partners;
- Regularly-scheduled events that include fund-raising components (such as the ULICAF Annual Conference each summer);
- Ongoing fund-raising events at churches throughout the eastern US;
- One-time gifts from individuals, institutions, and estates;
- Applying for and receiving grants from a variety of sources;
- Programs developed by individual volunteers, such as the One Hour for Christ Scholarship;
- Nominal charges such as low-cost tuition, technology fees, etc.
On the expense side, this includes:
- “No Debt” policy to avoid interest expenses and other fees;
- “Start Small and Grow” policy to minimize the financial impact of projects;
- Acquisition of “gently used” furnishings and equipment;
- Low fees associated with use of excess container space when shipping overseas;
- Use of low-cost local labor for construction, fabrication, transportation, security, etc.
Our long-term sustainability strategy, which is still under development, includes:
- Strategic Partnerships to enhance the programs and services we provide (e.g. Hope in the Harvest Mission International to develop and operate our Agricultural Education Program, other universities and professional organizations to loan adjunct instructors);
- School-based micro-economies as income sources (e.g. selling produce from the Agricultural Education program, a future Vocational Training Division to repair vehicles from the community for a nominal fee to the vehicle owners as we train mechanics);
- Leveraging the use of alumni (e.g. an alumnus might volunteer to do a project for the school for free or at discounted prices).