University Fund and Strategic Alignment Funds
The primary purpose of the University Fund is to provide a pool of funds that can be used strategically in support of the University mission. The University Fund enables McMaster to fund areas of priority on both a short- and long-term basis.
The University Fund was established with the goal of supporting excellence, innovation and renewal in all areas of the University. By design, the projects supported in this way are meant to be short-term, and allocations are for specific purposes with the intention that successful innovations will be funded permanently by different means. This is meant to free the University Fund for new initiatives. These funds are intended to enable greater flexibility in achieving the academic mission of the University and in supporting discovery and learning opportunities.