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American Innovation: American University 2014-2105 Annual Report

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American Innovation: American University 2014-2105 Annual Report 1 2 FROM THE CHAIR OF THE BOARD OF TRUSTEES 3 FROM THE PRESIDENT 4 AMERICAN INNOVATION 30 UNIVERSITY ADMINISTRATION 30 BOARD OF TRUSTEES 31 FINANCIAL STATEMENTS 2014–2015 33 FROM THE CFO, VICE PRESIDENT AND TREASURER 34 INDEPENDENT AUDITOR’S REPORT 35 CONSOLIDATED BALANCE SHEETS 36 CONSOLIDATED STATEMENTS OF ACTIVITIES 38 CONSOLIDATED STATEMENTS OF CASH FLOWS 39 CONSOLIDATED NOTES TO FINANCIAL STATEMENTS COVER: Award-winning artist Stephanie Dalton Cowan created this design using shapes, lines, and colors that convey the Annual Report’s theme of American Innovation. Arched lines, dots, and intricate geometric patterns represent American University’s broad spectrum of arts and sciences, suggesting movement and progress, while circular windows reveal AU’s infrastructural and technological advances. FROM THE CHAIR OF THE BOARD OF TRUSTEES FROM THE PRESIDENT Our strategic plan, American University and the Next Decade: Leadership In an increasingly competitive world, it is crucial that American for a Changing World, calls for us to align our facilities planning with our University students gain the knowledge and skills necessary to excel and transformational goals. As we aspire to be an international leader in higher that we provide our faculty with the resources to educate students and education, it is vital to provide our students, faculty, and staff with the conduct groundbreaking research. world-class facilities they need to succeed. AU has a strong legacy of scholarship and service, and we can point to Our campus plan, drafted in 2011, has provided a roadmap for several results that demonstrate our success in the past year: unprecedented changes to American University’s landscape. Through the • Nearly 90 percent of students participated in an internship before tireless work of the entire campus community, sound fiscal management, leaving AU. and significant support from our alumni donors, we have been able to effectively implement the plan and meet our ambitious goals. • Among recent graduates, 90 percent are employed, pursuing graduate school, or both. We have already celebrated the renovation of McKinley Hall, home of the School of Communication; opening of 4401 Connecticut Avenue, • For the fourth consecutive year, more than 100 students and home to WAMU 88.5, University Communications and Marketing, and alumni received national recognition as recipients, alternates, the Office of Development and Alumni Relations; and completion of the and finalists for scholarships, including Fulbright Scholarships, Nebraska and Cassell Hall residential buildings. Each of these new facilities Boren Scholarships and Fellowships, Udall Scholarships, Truman was met with resounding approval. Scholarships, and other prestigious awards. Now, we look forward to completion of the Washington College of To continue attracting the brightest minds to our campus, we have Law’s Tenley Campus and the East Campus, which will include three employed two new tools: the We KNOW Success website, which highlights residence halls and the Don Myers Technology and Innovation Building, successes of recent AU graduates, and the Reinventing the Student all opening in 2016. Together, these expansions will add more than 675,000 Experience (RiSE) initiative, which will develop and implement innovative square feet to our campus. These changes reflect AU’s history of excellence student support structures. and our commitment to promote growth, progress, and innovation. Throughout this annual report, you will read about the outstanding I encourage you to keep that idea in mind as you read through this accomplishments of students, faculty members, and alumni. These stories report, and I look forward to continued success. represent a small sample of the remarkable individuals who have made AU the consummate institution that it is today. It is with tremendous confidence and pride that we can look ahead to a Sincerely, strong and bright future for AU. Sincerely, Jack C. Cassell Cornelius M. Kerwin 2 3 INNOVATION happens every day at American University. In fact, we cultivate an ecology of innovation that drives developments in the classroom, in the boardroom, and beyond. INNOVATION is powered by an infrastructure that ensures success, from the budgets we set to the facilities we build. It means we anticipate the needs of our university, nation, and world. INNOVATION demands action-oriented research and the passionate pursuit of discovery. It must be interdisciplinary, because problems do not confine themselves to individual theoretical frameworks. INNOVATION requires agility, ingenuity, and an eagerness to embark into unknown territory. In all of these respects, AU students, faculty, leaders, and alumni exemplified innovation this year. We worked to improve our institution and our society, and those efforts contributed to our enduring prosperity. At AU, innovation is more than an idea. It is tangible, with the power to shape the world in new and vital ways. You will find it permeating our campus culture, our people, and the decisions that determine our direction for years to come. And you will find plenty of innovation in action in the following pages. 4 5 GAMING FOR GOOD: PERSUASIVE PLAY LEADS TO WINS FOR ALL he master’s in game design is one of American University’s newest programs, but its students and EAST CAMPUS HOME faculty already have achieved an impressive list of accomplishments, among them the Princeton T Review ranking the program number 21 worldwide. TO CENTERS FOR “For a program that is less than one year old, persuasive play for social good, AU hosted the INNOVATION, TECH this is major recognition and an affirmation of second annual Games for Good, Games for All: what we are doing here,” says Game Lab Director Launching Your Career in Games and Gaming. The The East Campus, which will Lindsay Grace. summit, focused on the need for greater diversity open in summer 2016, has In a short 12 months, the program participated in game development, serves change-minded interdisciplinary collaboration in the White House Educational Game Jam, hosted individuals seeking to enter the industry. AU also events with partners such as the Smithsonian and cohosted the 2015 Global Game Jam, in which built into its very design. International Game Developers Association, and professionals and amateurs team up to create games launched the Journalism Leadership Transformation over a single weekend. THE 65,000-SQUARE-FOOT (JoLT) initiative in game design and disruptive AU and several partners presented the Pop-Up DON MYERS TECHNOLOGY AND media leadership through a $250,000 grant from Video Game Arcade at the Smithsonian American INNOVATION BUILDING WILL the John S. and James L. Knight Foundation. Art Museum. More than 4,000 visitors learned HOUSE LABS FROM DIVERSE The program is a collaboration of the School about game making and enjoyed plenty of play, of Communication (SOC) and the College of Arts including social impact games designed to change DISCIPLINES; lecture, seminar, and Sciences (CAS). Multidisciplinary by design, players’ thinking about topics ranging from and meeting areas; and a space it serves as a hub of experiential education and immigration to native Alaskan culture. that can accommodate more research in persuasive play. “They experienced games that experiment with than 100 individuals partnering “Games are a universal experience shared across emotion, affection, storytelling, history, politics, and cultures,” says Mike Treanor, a computer science more,” says Grace, who’s eager to create future events on projects. A Computer Gaming professor who helped create the program. “We can that are even more successful than the initial arcade. Suite will serve students in the use them to help understand and express opinions That drive to innovate and improve spurred game design program, while the about the workings of the world we live in.” SOC and CAS to create the JoLT initiative, which Kogod Entrepreneurship Incubator Game design study meets a growing demand represents new forms of engagement in journalism for more evolved interactivity and reflects the and media through cutting-edge game design will provide an innovation lab. increasing use of games in nongame contexts. theory. The first JoLT Summit gathered participants East Campus also will include Treanor, computer science professor Josh McCoy, from media, business, and academia to explore how three new residence halls. and game designer in residence Chris Totten joined user-centric and iterative game design thinking can developers and designers from the likes of Disney, help newsroom leaders. Sony, Ubisoft, and others at the White House to “I am blown away by how crisply game develop prototypes for educational video games for designers think,” says JoLT facilitator Amy Eisman, children. Their math game, Function Force Four, who directs the master’s in media entrepreneurship More than was featured in USA Today. program. “They don’t see limitations; they The program is also a perfect fit for AU see problems to solve. Their approach is very 4,000 visitors students’ commitment to social responsibility. refreshing—and very relevant.” participated in the Students learn to transform players’ interests and Pop-Up Video Game opinions into meaningful action and creative Arcade, hosted by AU and problem solving. Promoting the concept of partners at the Smithsonian 6American Art Museum. 7 DATA-DRIVEN: PURSUING THE POWER OF INFORMATION MASTERING DATA WITH NEW ith each passing second, we live in a more data-saturated world. The
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