Funding serials okerson@NSSDCA.SPAN.NASA.GOV 07 Feb 1991 12:20 UTC
In reply to Deana's question: libraries have been most creative about pretending serials are something else and funding out of another budget line. The problem is, by whatever name, serials ARE serials. In seeking longer-term relief, some libraries have: University of Tennessee -- started building a large library endowment in active collaboration with a development officer. I don't think they are the only ones, by any means, but it looks like a very good program. University of Saskatchewan -- they also have started some sort of endow- ment but I think it may be to deal with serials and increases. University of Toronto -- as reported at the ACRL Discussion Group on Journal Costs in Academic Libraries, they link the serials budget to fluctuations in foreign exchange and have university commitment to fund those kind of increases. Ohio State University -- is beginning some kind of indexing model for serials. Certainly, all kinds of fund-raising efforts are underway. At the American Mathematical Society meeting last month, one institution reported about math faculty volunteering payroll deductions to fund purchase of materials for the library!