Lisa Frace, associate vice president for Planning and Budget at Arizona State University, is a 2017 Rising Star Award recipient from NACUBO, the nonprofit National Association of College and University Business Officers.
The annual Rising Star Award recognizes outstanding professionals with high potential to succeed as executives and business officers in higher education. Frace is one of two 2017 Rising Star Award winners, presented on July 30 during NACUBO's yearly meeting held in Minneapolis July 29-Aug. 1. More information about the NACUBO Awards is on its website.
Frace is a direct report of Morgan R. Olsen, ASU executive vice president, treasurer and chief financial officer. She oversees the analytical, forecasting and planning for ASU's annual and five-year operating budgets, budget planning-related policy studies and the development of forecasting tools.
One of Frace's more recent, notable projects was her work on the acquisition of the Thunderbird School of Global Management by ASU. She currently is collaborating on the development of a new budget program in Workday, which consolidates purchasing, planning and budgeting processes into a single platform for ASU's more than $2 billion knowledge enterprise.
Frace also leads the Sustainability Initiatives Revolving Fund committee, which reviews and invests in large and small energy-conservation infrastructure projects for ASU campuses. SIRF project funding ranges from $5,000 individual grants to capital expansion loans, which are limited only by available funds. Since SIRF launched in 2010, and through June 30, 2016, investments totaled $17 million.
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