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In January 2010, Cornell University Library (CUL) undertook an effort to establish a long-term sustainable support model for arXiv. This effort aimed to reduce arXiv's financial burden and dependence on a single institution, instead creating a broad-based, community-supported resource. As a three-year interim strategy for 2010-2012, CUL initially established a voluntary institutional contribution model and invited pledges from 200 libraries and research laboratories worldwide that represent arXiv's heaviest institutional users.  The ultimate goal has been developing a long-term business and management plan by summer 2012.  A planning grant from the Simons Foundation enabled CUL to develop a strategy to transition arXiv from CUL's exclusive initiative to a collaboratively governed, community-supported resource.

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