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University
Report

2017-2018

From the President

Three years ago, Saint Joseph’s University found itself at a pivotal point. A steady university with an impressive academic portfolio and a strong legacy, the potential was great. Our challenge was to leverage this position and quickly map a clear, ambitious new strategic direction for SJU. This call was met with enthusiasm and I am continually impressed by the fervent ethos of excellence on our campus that is accelerating our efforts. We are not only meeting the demands of our time and the needs of our students today, but we are stretching our imaginations to see the endless opportunities ahead. Now in year two of our strategic plan, SJU has both feet firmly planted on the path that will lead us through the next decade and beyond.

We are making great and expedient strides in realizing our goals. Take our historic educational partnership with the world-renowned Barnes Foundation and the establishment of a School of Health Studies and Education. Both ventures will significantly augment our academic offerings and amplify our strengths in the arts and sciences and in professional pathways to health and education careers. What’s more, each will provide both immediate and long-range prospects for programmatic growth and attracting new populations of students.

We have also developed a sound endowment strategy, an imperative for SJU, which has resulted in unprecedented growth. We recognize that in order to match the composition of our student body to the caliber of our academic offerings we must have financial flexibility with aid and scholarship. Our progress is certainly notable, but we have more work to do in this area and comprehensive blueprints to guide us.

Our strong position in today’s complex and competitive higher education market is the fruit of an ambitious vision and strategy, tactical decision making, a creative mindset and the enduring value and relevance of our educational brand. Make no mistake, we are playing the long game and achieving meaningful milestones along the way. Jesuit education has not survived for centuries by accident. We are fortunate to have a solid 500-year-old tradition to ground us. It is both nimble and timeless, reactive and strategic, practical and theoretical. This is our path.

 

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Mark C. Reed, Ed.D.

President

Two New ventures

Barnes Partnership

Opens New Pathways to Art, Horticulture Education

After nearly a century as neighbors, Saint Joseph’s University and the Barnes Foundation have cemented their relationship with a new partnership. First announced in November 2017, the educational affiliation expands opportunities for students and the surrounding community to engage in the Barnes Arboretum’s existing horticulture education program and provides SJU with opportunities to explore new offerings in the arts and life sciences.

At an event celebrating the partnership in September 2018, the gallery building was named the Frances M. Maguire Gallery in gratitude for Saint Joseph’s alumnus James J. Maguire ’58 and his wife Frannie’s support of the University and commitment to educational and cultural initiatives, and to celebrate Frannie’s lifelong love and cultivation of the arts. The famed gallery is expected to be used by the University for its fine arts program and display, in keeping with its original use.

Barnes Partnership

Opens New Pathways to Art, Horticulture Education

After nearly a century as neighbors, Saint Joseph’s University and the Barnes Foundation have cemented their relationship with a new partnership. First announced in November 2017, the educational affiliation expands opportunities for students and the surrounding community to engage in the Barnes Arboretum’s existing horticulture education program and provides SJU with opportunities to explore new offerings in the arts and life sciences.

At an event celebrating the partnership in September 2018, the gallery building was named the Frances M. Maguire Gallery in gratitude for Saint Joseph’s alumnus James J. Maguire ’58 and his wife Frannie’s support of the University and commitment to educational and cultural initiatives, and to celebrate Frannie’s lifelong love and cultivation of the arts. The famed gallery is expected to be used by the University for its fine arts program and display, in keeping with its original use.

New School

Prepares Future Leaders in Health, Education

Across the nation, demand continues to increase for qualified healthcare professionals and educators equipped to address complex social, educational and public health challenges. Saint Joseph’s stands ready to answer this call after the introduction of its new School of Health Studies and Education. Composed of dozens of established undergraduate, graduate, doctoral and certificate programs, and built on the University’s foundational commitment to the liberal arts, the school will teach students to approach their work holistically and to actively practice the Jesuit ideal of cura personalis — or care for the whole person — in their professions.

Each program combines stimulating classroom material with hands-on learning opportunities, preparing students for success in a variety of competitive career fields including teaching, autism support services and health administration, as well as the pursuit of continuing education in educational research, physical or occupational therapy, nursing, and more. All degree programs are active in their current configurations and accepting applications for new students enrolling in Fall 2019.

New School

Prepares Future Leaders in Health, Education

Across the nation, demand continues to increase for qualified healthcare professionals and educators equipped to address complex social, educational and public health challenges. Saint Joseph’s stands ready to answer this call after the introduction of its new School of Health Studies and Education. Composed of dozens of established undergraduate, graduate, doctoral and certificate programs, and built on the University’s foundational commitment to the liberal arts, the school will teach students to approach their work holistically and to actively practice the Jesuit ideal of cura personalis — or care for the whole person — in their professions.

Each program combines stimulating classroom material with hands-on learning opportunities, preparing students for success in a variety of competitive career fields including teaching, autism support services and health administration, as well as the pursuit of continuing education in educational research, physical or occupational therapy, nursing, and more. All degree programs are active in their current configurations and accepting applications for new students enrolling in Fall 2019.

Academic Engagement

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SJU Leads Philadelphia-Area Scholarship Program for STEM Educators

High-need schools in Philadelphia are the focus of a $1.45M partnership grant from the National Science Foundation, which Saint Joseph’s is leading. The grant funds scholarships designed to recruit, train and retain STEM teachers in high-need schools in Philadelphia. Applications for the Robert Noyce Teacher Scholarship program opened in December 2018 for 55 total scholarships over four years, which will be distributed between SJU, Arcadia University, Bryn Mawr College, Temple University and LaSalle University.

Research, Education Bolstered by $2.5 Million in Grants

Over the 2017-18 academic year, individuals and programs at SJU received nearly $2.5 million in grants and awards. The funding supported faculty research and initiatives, including STEM education, autism programs, data analytics and co-op, and student life programs on important societal issues.

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saxbys-2

Large Coffee with a Side of Job Experience Please

Students entering Campion Student Center on October 1, 2018 found a new spot to grab their morning coffee. But for some, the location is more than a java joint. The Saxbys cafe is entirely student-run as part of the chain’s Experiential Learning Program, which is designed to supplement traditional classroom lessons by providing undergraduate students with entrepreneurial opportunities. All team members at the cafe receive experience through managing its daily operation, marketing initiatives and community outreach, a Student Cafe Executive Officer (SCEO) reports up to Saxbys management on the financial health of the enterprise.

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Students Earn National Awards for Academic Achievement, Leadership

The 2017-18 academic year saw several students earn recognition as leaders in the classroom and the community.

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Elise Brutschea ’19, a John P. McNulty Scholar and chemistry major, was named a 2018 Barry M. Goldwater Scholarship winner. The scholarship is given to students who excel in math, engineering and the natural sciences and who intend to pursue graduate research in STEM fields.

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George Frattara ’20, an English and philosophy double major, became the eighth SJU student in as many years and ninth overall to earn the St. Andrew’s Scholarship from the St. Andrew’s Society of Philadelphia. The award enables Frattara to study at the University of St. Andrew’s in Fife, Scotland, during the 2018-19 academic year.

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Raven Moses ‘20, an information technology major and economics minor, received the BEYA Leadership Community Award at the Black Engineer of the Year Awards (BEYA) ceremony held in Washington, D.C. Moses is the founder of an SJU student group called Advancement in Diversity STEM, which connects STEM students for intellectual collaboration and encouragement and hosts meetings designed to help STEM majors direct their post-graduation plans.

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Erin Davison ’19, an international relations major with a health care ethics minor, was named as SJU’s first recipient of the Newman Civic Fellowship, which recognizes and supports community-committed students who are changemakers and public problem-solvers. Davison is the founding vice president of SJU’s Coalition for Peace Action (CFPA) chapter, a student group that educates and addresses issues of peace and social justice.

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New Leaders Usher in Kinney’s Second Decade

The Kinney Center for Autism Education and Support marks its tenth year as a leader and forerunner in autism awareness advocacy, support services, training and job creation, field work and research. With this new decade, two new leaders have joined Kinney’s team: Angus Murray, executive director, and Joseph McCleery, Ph.D., executive director of academic programs.

Murray, an experienced nonprofit leader, will focus on building programs that serve individuals with autism. Together, the Kinney Center team will continue to further their mission of providing evidence-based programs to improve the lives of people with autism while educating the autism professionals of tomorrow.

McCleery, who joined the Kinney Center in June 2018, spearheads research that focuses on behavioral and cognitive-behavioral interventions.

Exclusive MBA Program Focuses on the Business of Healthcare

Saint Joseph’s University, in partnership with the American Osteopathic Association (AOA), recently announced an Executive MBA program designed exclusively for working members of the AOA and focused on the increasingly complex healthcare industry. Conducted entirely online, the two-year degree program teaches students to think strategically as healthcare policies and regulations, patient expectations and compliance considerations continue to evolve. This unique environment enables students to bring applicable lessons immediately from the classroom to the workplace.

Learning From Leaders

National Thought Leaders Encourage Compassion, Action

Saint Joseph’s welcomed to campus several influential thinkers in the 2018 calendar year. In April, U.S. Rep. John Lewis (D-Ga.), shared memories of Martin Luther King Jr., Rosa Parks and the civil rights movement of the 1960s in a lecture commemorating the 50th anniversary of King’s own speech on SJU’s campus in October 1967. Lewis spoke about the example that King set and the importance of continued activism against injustice.

Each of us today has an obligation, a mission and a mandate to pick up where Dr. King left off. We can do it. We must do it.

U.S. Rep. John Lewis

National Thought Leaders Encourage Compassion, Action

Saint Joseph’s welcomed to campus several influential thinkers in the 2018 calendar year. In April, U.S. Rep. John Lewis (D-Ga.), shared memories of Martin Luther King Jr., Rosa Parks and the civil rights movement of the 1960s in a lecture commemorating the 50th anniversary of King’s own speech on SJU’s campus in October 1967. Lewis spoke about the example that King set and the importance of continued activism against injustice.

Each of us today has an obligation, a mission and a mandate to pick up where Dr. King left off. We can do it. We must do it.

U.S. Rep. John Lewis

Later that same month, Joseph R. Biden Jr., 47th Vice President of the United States, presented a speech as part of the Haub School of Business’ Evelyn S. and Anthony M. ‘60 Carfagno Endowed Lecture series. Biden, who received an honorary degree from Saint Joseph’s in 1981, shared lessons on leadership that he has learned in his decades of public service, encouraging those present to engage in empathy and work with people across the ideological spectrum.

Surround yourself with people who are brighter than you. Reach out to people you disagree with. Listen to them. Talk to them. Learn from each other.

Vice President Joseph R. Biden Jr.

Campus was energized in the fall semester with a trio of events featuring religious leaders. In  August, Greg Boyle, S.J., founder of Homeboy Industries, the world’s largest rehabilitation and re-entry program for gang members, spoke on the importance of building relationships through service. The “Nuns on a Bus” advocacy group brought their “Tax Justice Truth Tour” to campus in October, campaigning for socially conscious tax reform. In November, Sister Helen Prejean, the passionate opponent of capital punishment who became famous when her book “Dead Man Walking” was made into a feature film, shared her ongoing passion for the cause and for the dignity of all human life.

You don’t go to the margins to make a difference. You go to the margins so the folks on the margins make you different.

Greg Boyle, S.J.

Why did Jesus say ‘blessed are the poor, blessed are the meek?’ Because that’s who he was hanging out with.

Sister Helen Prejean

Surround yourself with people who are brighter than you. Reach out to people you disagree with. Listen to them. Talk to them. Learn from each other.

Vice President Joseph R. Biden Jr.

Later that same month, Joseph R. Biden Jr., 47th Vice President of the United States, presented a speech as part of the Haub School of Business’ Evelyn S. and Anthony M. ‘60 Carfagno Endowed Lecture series. Biden, who received an honorary degree from Saint Joseph’s in 1981, shared lessons on leadership that he has learned in his decades of public service, encouraging those present to engage in empathy and work with people across the ideological spectrum.

Campus was energized in the fall semester with a trio of events featuring religious leaders. In  August, Greg Boyle, S.J., founder of Homeboy Industries, the world’s largest rehabilitation and re-entry program for gang members, spoke on the importance of building relationships through service. The “Nuns on a Bus” advocacy group brought their “Tax Justice Truth Tour” to campus in October, campaigning for socially conscious tax reform. In November, Sister Helen Prejean, the passionate opponent of capital punishment who became famous when her book “Dead Man Walking” was made into a feature film, shared her ongoing passion for the cause and for the dignity of all human life.

You don’t go to the margins to make a difference. You go to the margins so the folks on the margins make you different.

Greg Boyle, S.J.

Why did Jesus say ‘blessed are the poor, blessed are the meek?’ Because that’s who he was hanging out with.

Sister Helen Prejean

Soaring to new heights

DiJulia Recognized for Decades at Top of Profession, Undying Loyalty to SJU

Don DiJulia ’67, longtime athletics director at SJU and now special assistant to University President Mark C. Reed, Ed.D., was honored with the Shield of Loyola at this year’s Leadership Awards Dinner, held in October 2018. In addition to recognizing DiJulia with this distinguished award, the University has designated a scholarship — the Don DiJulia ‘67 Scholarship — in his name.

“For many, Don is Saint Joseph’s University,” Reed said at the dinner. “This is no exaggeration. Don DiJulia is a mentor, coach, friend, confidante; he is a fan, leader, dreamer, husband, father, grandfather. If you are lucky to call him a friend, he is just the friend you need him to be in every situation.”

The dinner, which also acknowledged Glenn P. Todaro ‘07 and University Trustees Eileen Cardile ‘87 and Jim Norris ‘85, raised more than $450,000 for scholarships.

DiJulia Recognized for Decades at Top of Profession, Undying Loyalty to SJU

Don DiJulia ’67, longtime athletics director at SJU and now special assistant to University President Mark C. Reed, Ed.D., was honored with the Shield of Loyola at this year’s Leadership Awards Dinner, held in October 2018. In addition to recognizing DiJulia with this distinguished award, the University has designated a scholarship — the Don DiJulia ‘67 Scholarship — in his name.

“For many, Don is Saint Joseph’s University,” Reed said at the dinner. “This is no exaggeration. Don DiJulia is a mentor, coach, friend, confidante; he is a fan, leader, dreamer, husband, father, grandfather. If you are lucky to call him a friend, he is just the friend you need him to be in every situation.”

The dinner, which also acknowledged Glenn P. Todaro ‘07 and University Trustees Eileen Cardile ‘87 and Jim Norris ‘85, raised more than $450,000 for scholarships.

Bodensteiner Steps in as New Athletics Director

Jill Bodensteiner, a longtime administrator who spent 20 years in the Office of the General Counsel and athletic departments at her alma mater, the University of Notre Dame, joined Saint Joseph’s in June 2018 as the University’s first new director of athletics in three decades. Bodensteiner oversees the Hawks’ 20 NCAA Division I men’s and women’s varsity sports and membership in the Atlantic 10 Conference. She brings to Saint Joseph’s strong NCAA leadership experience, having served on the Committee on Women’s Athletics and the Division I Women’s Basketball Committee. Working closely with LEAD1, the Atlantic Coast Conference and the NCAA, Bodensteiner played a key role in shaping the national debate and final legislation in areas including financial support for student-athletes, time management and academic conduct.

Bodensteiner Steps in as New Athletics Director

Jill Bodensteiner, a longtime administrator who spent 20 years in the Office of the General Counsel and athletic departments at her alma mater, the University of Notre Dame, joined Saint Joseph’s in June 2018 as the University’s first new director of athletics in three decades. Bodensteiner oversees the Hawks’ 20 NCAA Division I men’s and women’s varsity sports and membership in the Atlantic 10 Conference. She brings to Saint Joseph’s strong NCAA leadership experience, having served on the Committee on Women’s Athletics and the Division I Women’s Basketball Committee. Working closely with LEAD1, the Atlantic Coast Conference and the NCAA, Bodensteiner played a key role in shaping the national debate and final legislation in areas including financial support for student-athletes, time management and academic conduct.

Hoops Legend Nelson Walks With Class of 2018

Jameer Nelson, Saint Joseph’s all-time leading scorer in men’s basketball, officially received a Bachelor of Science in sociology on Saturday, May 19 as part of the Class of 2018, 14 years after being selected in the first round of the 2004 NBA draft.

Men’s Rowing, Lacrosse Celebrate Success

At the 80th Jefferson Dad Vail Regatta in May 2018, the Hawk men’s rowing squad sent four boats to the Grand Finals, earning two silver medals and one bronze. Each of the medal-winning boats went on to compete in Intercollegiate Rowing Association National Championship, where the team collectively finished 17th in the country.

The SJU men’s lacrosse team finished its 2017-18 regular season ranked No. 20 in the nation and won the Northeast Conference regular season championship. Head coach Taylor Wray was named NEC coach of the year and the team placed 13 players on the NEC Honor Roll, including Chris Blewitt ‘18, who was named to the 2018 Google Cloud Academic All-America® Division I Men’s At-Large Third Team.

Field Hockey Captures Second Consecutive A-10 Title

SJU’s field hockey team capped off a stellar season in November 2018 with a second consecutive Atlantic 10 tournament championship and a trip to the NCAA Tournament. The team rose as high as No. 10 in the Penn Montco/National Field Hockey Coaches Association (NFHCA) polls during the season, and players across the entire roster gathered individual athletic and academic honors throughout the year. At season’s end, forward Anna Willocks, junior goalkeeper Victoria Kammerinke and junior midfielder Pepa Serrano were named to the Longstreth/NFHCA Division I All-America First, Second, and Third Teams, respectively.

Hoops Legend Nelson Walks With Class of 2018

Jameer Nelson, Saint Joseph’s all-time leading scorer in men’s basketball, officially received a Bachelor of Science in sociology on Saturday, May 19 as part of the Class of 2018, 14 years after being selected in the first round of the 2004 NBA draft.

Hoops Legend Nelson Walks With Class of 2018

Jameer Nelson, Saint Joseph’s all-time leading scorer in men’s basketball, officially received a Bachelor of Science in sociology on Saturday, May 19 as part of the Class of 2018, 14 years after being selected in the first round of the 2004 NBA draft.

Men’s Rowing, Lacrosse Celebrate Success

At the 80th Jefferson Dad Vail Regatta in May 2018, the Hawk men’s rowing squad sent four boats to the Grand Finals, earning two silver medals and one bronze. Each of the medal-winning boats went on to compete in Intercollegiate Rowing Association National Championship, where the team collectively finished 17th in the country.

The SJU men’s lacrosse team finished its 2017-18 regular season ranked No. 20 in the nation and won the Northeast Conference regular season championship. Head coach Taylor Wray was named NEC coach of the year and the team placed 13 players on the NEC Honor Roll, including Chris Blewitt ‘18, who was named to the 2018 Google Cloud Academic All-America® Division I Men’s At-Large Third Team.

Field Hockey Captures Second Consecutive A-10 Title

SJU’s field hockey team capped off a stellar season in November 2018 with a second consecutive Atlantic 10 tournament championship and a trip to the NCAA Tournament. The team rose as high as No. 10 in the Penn Montco/National Field Hockey Coaches Association (NFHCA) polls during the season, and players across the entire roster gathered individual athletic and academic honors throughout the year. At season’s end, forward Anna Willocks, junior goalkeeper Victoria Kammerinke and junior midfielder Pepa Serrano were named to the Longstreth/NFHCA Division I All-America First, Second, and Third Teams, respectively.

living the mission

Incoming Freshmen Engage with Service and the City

More than 170 incoming freshmen joined the Saint Joseph’s community a week before the start of the fall semester for the Philadelphia Service Immersion Program (PSIP). An early move-in program, PSIP integrates service work with exploration throughout Philadelphia to welcome new students to the area. Volunteer groups, each run by a student-leader, served at 28 local non-profit organizations, including Project H.O.M.E. and Broad Street Ministry, and reflections led by SJU mission leaders encouraged the participants to form a deeper understanding of the social justice issues at work in Philadelphia.

Graduates Commit to Full-Time Service

Thirty-two members of the Class of 2018 have committed to a year of full-time postgraduate service in local, national and international programs. In addition, four members of the Class of 2017 have committed to a second service term, bringing the number of volunteers to 36.

“Saint Joseph’s is proud to recognize these graduates who are committing their lives to serving others and the greater good,” says University President Mark C. Reed, Ed.D. “Our hope is that each graduate leaves the University inspired to use what they were given and what they learned here to do something for others.”

Grant Boosts SJU Project to Aid Haitian Education

SJU Project Haiti, a University-led effort to assist Jesuit-run elementary schools throughout Haiti, received a $25,000 donation this year from the Raskob Foundation for Catholic Activities Inc. to support their ongoing service. The grant, the second gift in the last six years, allows the program to print and ship copies of a two-volume civics textbook in French and Haitian Creole for distribution to 17 Jesuit grammar schools, as well as other Catholic schools on the island. The book, authored by Patrick Samway, S.J., professor emeritus of English, is the only bilingual educational book that exists in Haiti — many children have not seen the Creole language in print — and will be shared with students free of charge.

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International Thought Leaders Bring Expertise on Timely Topics

Three visiting experts — Manuel Hurtado Duran, S.J., Janez Perčič, S.J. and Rabbi Abraham Skorka, Ph.D. — joined the Saint Joseph’s community this summer, bringing with them a wealth of experience in researching and teaching important issues.

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Hurtado, who serves as the Donald I. MacLean Chair, joins SJU from the Bolivian Catholic University in Cochabamba. He presented a lecture this fall on the Law of the Rights of Mother Earth, a piece of legislation passed in Bolivia that grants inherent rights to Earth to protect it against the effects of human activities that harm the environment. Hurtado sees a direct connection between the law and Jesuit philosophy. “I believe that the Ignatian intuition of ‘finding God in all things’ enables us to consider God existing in every single one of his creatures,” he says. “In this spirituality, we undoubtedly have a good reason to seriously consider that God somehow labors on our behalf in our Mother Earth.”

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Perčič, a University Professor, has already made use of his time at Saint Joseph’s, publishing an English edition of “Major Jesuit Thinkers,” a book he wrote with Johannes Herzgsell, S.J. The book introduces nine visionary Jesuits, including Bernard Lonergan, who is honored in the name of SJU’s Barbelin/ Lonergan Hall. “These priests succeeded in their own time by absorbing the discoveries and developments of modern philosophy and science in order to reconcile them with the Christian tradition,” Percic explains. “Their original and visionary ideas are meant to awaken the curiosity of present-day readers, prompt them to ask further questions, and inspire them in their own pursuit of truth.”

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Skorka, an author, scholar and lifelong advocate for interfaith dialogue, joined Saint Joseph’s in the Fall 2018 semester as University Professor. Rabbi Skorka is working closely with the Institute for Jewish-Catholic Relations (IJCR) to conduct research and host workshops around the region, furthering the ICJR’s mission of promoting deeper understanding between Catholics and Jews. Prior to joining SJU, he spent nearly 20 years as professor of biblical and rabbinic literature in Buenos Aires, Argentina.

strengthening our future

Thriving in an Evolving
Higher Education Landscape

The industry of higher education is facing a period of significant change. National trends suggest increased competition to earn the attention and loyalty of a shrinking student population. With this change comes tremendous opportunity for colleges and universities that plan effectively.

Recognizing these opportunities and led by a progressive financial mindset, Saint Joseph’s has shifted its financial strategy in recent years to adapt to this period of change by realizing operational efficiencies, reducing expenditures, constraining cost increases and investing in long-term endowment growth.

These measures have positioned Saint Joseph’s to buck trends in the industry, which see many institutions of higher education in “acute financial distress,” according to a 2014 outlook by Moody’s Investors Services. SJU’s strategy over the past three years helps to ensure financial viability and growth while building a stronger financial foundation to provide current and future students with the high-quality total student experience they expect and deserve.

These measures allowed SJU to reinvest nearly $100 million in financial aid, reflecting the University’s commitment to improving student quality and access. SJU has grown its endowment by an unprecedented amount – nearly 50 percent in a three-year period, recently crossing the $300M mark.

This endowment growth comes from strong investment returns, the transferral of fiscal year-end net operating income into the endowment, and fundraising success that has resulted in a 54 percent new commitments increase over FY 2016.

The University’s “A-" rating from Standard and Poor’s – climbing from “adequate” in 2016 to “strong” in 2018 – affirms SJU’s financial strategy and signals fiscal strength and responsibility to potential investors.

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Endowment growth in three years

A-

Rating from Standard and Poor’s

+0%

New donor commitments since FY 2016

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Endowment growth in three years

A-

Rating from Standard and Poor’s

+0%

New donor commitments since FY 2016
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FY18 Operating Revenue

  • Student Income (91%)

    0%
  • Endowment and Other Releases (4%)

    0%
  • Other Income (3%)

    0%
  • Unrestricted Gifts (1%)

    0%
  • Grants (1%)

    0%

FY18 Operating Expenses

  • Employee Compensation

    0%
  • Financial Aid (31%)

    0%
  • Purchased Goods and Services (22%)

    0%
  • Strategic Initiatives (6%)

    0%
  • Depreciation (5%)

    0%
  • Interest (3%)

    0%

FY18 Endowments Net Assets

FY14

$0 million

FY15

$0 million

FY16

$0 million

FY17

$0 million

FY18

$0 million

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FY18 Gifts

FY16

$0 million

$0 million

FY17

$0 million

$0 million

FY18

$0 million

$0 million

New Commitments            Cash Received

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FY18 Total Donors

FY16

0

FY17

0

FY18

0

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FY18 Balance Sheet

As of May 31*

Assets
Cash and Short-Term Investments $71,525 $89,666
Accounts Receivable, Net 40,402 19,271
Long-Term Investments 289,325 241,957
Property, Plant and Equipment 403,769 407,031
Other Assests 4,868 6,165
Total Assets $809,889 $764,090
Liabilities
Accounts Payable and Accrued Expenses $26,451 $32,459
Deferred Revenue 16,469 19,278
Long-Term Debt 222,150 227,787
Other Liabilities 3,003 3,366
Total Liabilities $268,073 $282,890
Net Assets $541,816 $481,200

University report staff

Chief Marketing and
Communications Officer

Marie Williams

Editors

Jeffrey Martin ’04, ’05 (M.A.)
Kelly Welsh ’05 (M.A.)

Design

Ian W. Riley

Photography

Melissa Kelly ’13 (M.A.)

Contributors

Gail Benner
Kevin Donahue
Emmalee Eckstein
Colleen Sabatino ’11 (M.A.)
Julia Snyder
Katie Smith ’15
Athletic Communications

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