President's Report 2017-18
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MARIAN UNIVERSITY Indianapolis ® PRESIDENT’S REPORT 2017-18 WHAT’S INSIDE: Message from the President Forging Leaders: The Legacy We’re Made For Growing the Endowment Celebrating Athletics Honor Roll of Donors Alumni Giving by Year Faculty and Staff Giving Heritage of Saint Francis Society MESSAGE FROM THE PRESIDENT Greetings Marian University community, We have been blessed with another tremendous year at Marian University. This fall, we welcomed more than 1,000 new undergraduate and graduate students to campus, including a record-breaking (first-time, full-time) freshman class from 18 states and seven nations (up 25 percent over last year). Most importantly, this is the most academically prepared class we’ve ever welcomed, as measured by community and high school honors, average GPAs, and SAT scores. This diverse group of students (26 percent minority status) are sure to be transformational leaders in businesses, healthcare, our schools, non-profits, the Church, and our communities at-large. Over the last year, we acquired more than $24 million in new financial commitments from alumni, parents, friends, trustees, foundations, and corporations, allowing us to support our students through scholarships, expand our academic programs, and enhance facilities. Students now Marian University’s next great venture—our dynamic two- fill the state-of-the-art classrooms and collaborative spaces year college—which will be named Saint Joseph’s College in the Paul J. Norman Center, home of the Byrum School of of Marian University—Indianapolis through a mission Business; fuel their bodies in the new Dining Commons; and collaboration with our friends at Saint Joseph’s College. train in our new Drew Family Health and Fitness Center. Perhaps the most innovative feature of the two-year college We want to continue on an upward trajectory that stays is the employer partnerships that are being established true to our mission and vision. Building on our incredible to help students make connections between learning and success over the last year, this fall we embarked on earning. Marian University faculty will work closely with ENDOWMENT COMPARISON GROSS TUITION, FEES, AND HOUSING $70M $120M † $60M $100M $50M $80M $40M $60M $63,740,039 $113,565,995 $30M $114,381,354 $40M $98,526,540 $20M $84,181,559 $47,113,830 $20M $75,773,075 $10M $40,140,223 $39,260,588 $0 $36,013,451 $0 2013-14 2014-15 2015-16 2016-17 2017-18 2014-15 2015-16 2016-17 2017-18 2018-19 †Projected specific central Indiana employers to ensure that students of the two-year college will be able to recognize connections between what they are learning in the classroom and their future jobs. This two-year college, along with our continuing march toward making the Fred S. Klipsch Educators College a nationally prominent program, the Latin@ Initiative, and more, make for remarkably exciting times on our beautiful campus and in the communities we serve. Our announcement of the Forging Leaders initiative last year called for an ambitious agenda for the next decade, and we are making tremendous strides in the investments that will be required to meet those goals. Thank you in advance for your support in the next leg of this vision-, mission-, and values-driven journey of building a great Catholic university in this great American city. It is by forging ahead in our vision of shaping transformational leaders for service to the world that we create and honor the legacy we are made for! Sincerely, Daniel J. Elsener President ENROLLMENT Opposite: President Daniel J. Elsener speaks at the 81st annual commencement ceremony on May 6, 2018, at the Indiana 4,000 State Fairgrounds. 3,500 Top: President Daniel J. Elsener announces Saint Joseph’s 3,000 College of Marian University—Indianapolis, the university’s 2,500 3,595 innovative two-year college, at a press conference in 3,442 2,000 3,182 September 2018. 2,900 1,500 2,776 1,000 Bottom: Members of the class of 2007 pose for a photo with President Daniel J. Elsener and a check they presented at 500 halftime during the 2017 Homecoming football game. 0 2014-15 2015-16 2016-17 2017-18 2018-19 MARIAN UNIVERSITY LONG-TERM INVESTED FUNDS $82,685,905 Marian University President’s Report | 2017-18 1 FORGING LEADERS UPDATE Last year, we publicly announced our Forging Leaders initiative. Here’s a look at how the initiative breaks down, the great strides we’ve made towards our goal, and the progress we are yet to make. SCHOLARSHIPS AND GROWING THE ENDOWMENT SISTERS’ LEGACY FUND Our mission calls us to provide educational opportunities to In 1937, the Sisters of St. Francis, Oldenburg, Indiana, a diverse and academically talented student body. Without courageously responded to the needs of the time and founded substantial financial aid, a college education would be Marian University. Their selflessness in service continues unavailable to these very students who enrich our campus to allow countless students to learn, lead, and serve. Last community. In the last year we: year we: • Added several endowed scholarships to support • Began to raise funds towards the Sisters’ retirement. student success. • Honored the Sisters for their sacrifice, commitment, and • Announced the Judy L. Klipsch Angel Educators impact on generations of students at the Courage to Scholarship to support disadvantaged students who Venture Gala. want to become educators. For more information, contact John Finke, vice president for institutional advancement, at [email protected] or 317.955.6202. 2 marian.edu TOTAL RAISED: $109.7 MILLION 2021 GOAL: $150 MILLION Progress as of November 30, 2018 ENHANCE FACILITIES SPECIAL INITIATIVES With record enrollment, we need to enhance and build facilities From addressing the teacher shortage, to advancing that will support our growing student body. In the last year we: healthcare programs, to increasing access to higher education, Marian University has been called to respond to the needs of • Opened the Paul J. Norman Center. the time since its inception. Over the last year, we’ve focused • Opened the Dining Commons. on these special initiatives: • Opened the Peyton Manning Children’s Hospital Hall of Champions. • Saint Joseph’s College of Marian University—Indianapolis • Fred S. Klipsch Educators College • Walker Center for Applied Ethics • STEHM • Latin@ Initiative Marian University President’s Report | 2017-18 3 GROWING THE ENDOWMENT GROWING THE ENDOWMENT 5.80% 0.78% $24,686,983 6.82% Amount received last year by Marian University in gifts and grants from alumni, parents, trustees, foundations, corporations, and others. 8.12% Board of Trustees Alumni Friends Businesses 44.25% Current and Past Parents Other 11.11% Foundations 23.12% $12,403,906 Giving by the Board of Trustees Giving by Alumni 40% 36.93% 2.41% 30% 32.79% Giving by GOLD alumni 20% 16.6% 10% 0.04% 8.7% 1.45% 1.77% 1.72% 0 1940s 1950s 1960s 1970s 1980s 1990s 2000s 2010s 4 marian.edu BOARD OF TRUSTEES CHAIR Michael Becher President Daniel J. Elsener Melody Birmingham-Byrd Edward Bonach GROWING THE ENDOWMENT Mary Beth Bonaventura ’76 Earl G. Brinker ’74 Scott Bruns ’96 John T. Cardis ’63 Phil Carson ’81 Frank D. Cunningham Mark Daniel ’80 John J. Dillon 2,680 Joseph Doyle William P. Eckman ’74 Number of Donors Denise B. Feser ’77 Sr. Christa Franzer, OSF ’70 Fritz French Anne M. Frye Theaodis “Ted” Gary Jr. Sr. Annette Grisley, OSF ’74 Stephen J. Hackman David Haire ’71 MARIAN UNIVERSITY ENDOWMENT—BY THE NUMBERS Jeffrey A. Harrison Sr. Marilynn Hofer, OSF ’60 Sr. Margaret Horney, OSF ’75 at June 30, 2018 Jerry Jones Fred S. Klipsch Value $63,740,039 Sr. Joanita Koors, OSF ’77 Rebecca Kubacki Joseph T. Kuzmitz ’75 Investment Performance 7.67% Alan E. Leighton ’62 Tobin McClamroch New Contributions $14,277,438 Sr. Joan Miller, OSF ’73 Jonathan S. Nalli Denis O’Brien ’04 Endowment Distributions ($2,072,113) Marianne Price, Ph.D. Msgr. Joseph F. Schaedel ’70 Jerry D. Semler Rachel Shockley, DO Chad Slaughter ’96 Joseph Slaughter Sr. Bernice Stenger, OSF ’77 Len Strom ’68 D. Anthony “Tony” Watt ’69 Robyn R. Werner Ramarao Yeleti, M.D. ENDOWMENT ALLOCATION 2017-18 Richard Andrew “Drew” Young Raul Zavaleta Scholarships TRUSTEES EMERITI $54,761,155 Clark H. Byrum Robert G. Decraene Endowed Chairs and Professorships William V. Drew ’65 $5,957,610 $63,740,039 Bain J. Farris ’72 John H. Grogan Program Support Eugene Henn $3,021,274 S. Michael Hudson William Kelsey ’61 James F. Matthews Robert H. McKinney Charles O’Drobinak John A. Purdie Joseph L. Smith Sr. ’71 Jack R. Snyder, Chairman Emeritus Mary Welch ’68 Mrs. Howard S. Young Jr. ’47 Gerald S. Zore ’63 as of September 26, 2018 Marian University President’s Report | 2017-18 5 CLAYTON FAMILY CIRCLE OF HONOR Celebrating Athletics On April 24, 2018, more than 500 leaders in the Indianapolis and surrounding area, Marian University alumni and students, new friends, and long-time supporters of Marian University gathered at the Biltwell Event Center for the 2018 Clayton Family Circle of Honor Induction Dinner. The annual dinner celebrates Marian University athletics and honors those inducted into the Clayton Family Circle of Honor. This year’s honorees included the late physician, coach, and educator Kevin Rodgers, M.D., and racecar driver and Indianapolis 500 legend Hélio Castroneves. Here are a few highlights from this special event. $500,000 RAISED FOR SCHOLARSHIPS 1 2 6 marian.edu 3 4 5 1. Bob Jenkins, the emcee for the night and former ESPN and ABC television and radio commentator of the IndyCar Series sits down to interview racecar driver and Indianapolis 500 legend Hélio Castroneves. 2. The family of the late Kevin Rodgers, M.D., poses for a photo with his Clayton Family Circle of Honor Inductee award alongside President Daniel J.