McArthur Initiative

FY26: Do not spend on MBA Fellowships; spend balance on MBA Program; review spending plan for FY27. Spend as needed for McArthur Canadian Fellowships; spend remainder on MBA Program Innovation. Intended for McArthur Canadian Fellowship Program ($10K/year per student). Can also be used for faculty research and course development, professorships and faculty support, MBA Program innovations, SEI, emeriti faculty center, Canadian Initiative. Spend income every year. Can be decapped.