Annual Report
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ANNUAL REPORT 2015 - 2016 Shaping Lives That Shape the World | 1151 North State Street, Elgin, IL | 847.628.2080 | JudsonU.edu/AnnualReport WINTER 2017 17 SHAPING LIVES THAT SHAPE THE WORLD DR. GENE CRUME PRESIDENT For more than 53 years, donors to Judson have equipped students to be fully engaged women and men who use their gifts and education to benefit the world. Through God’s providence, the lives of Judson students are enriched through the spiritual development of our community. We strive to create opportunities for students to develop leadership skill, excellence motivated by faith, and connection while preparing students to change the world one life at a time. Because of your support, our students have the opportunity to integrate excellent academics with spiritual growth and service opportunities to fully enrich the lives of others. Today, thousands of Judson graduates are glorifying God as they live out their callings throughout the world. While we have accomplished much in the last year, there is still much work to be done. We are looking forward to continued progress as we partner with you, and those that God will bring to Judson in the future. Thank you for expanding this Christ-centered community so that each and every student can impact the world for Christ! BOARD OF TRUSTEES The students, faculty and staff of Judson University thank all the men and women who served the University. Dr. Gene C. Crume, President Mr. Fred Broling Dr. Tom Hufty TRUSTEE EMERITI Judson University Crystal Lake, Illinois Pastor, First Baptist Church Mr. R. James Bagnall Elgin, Illinois Maryville, Illinois Dr. Roy Carpenter Mrs. Linda Colson Mr. Shawn Casey Mr. John M. Shales, Chair Assistant Principal, Mr. Brett Lundstrom Dr. James W. Didier President, Shales McNutt Belvidere High School President/CEO, Mr. Rolf Grupp Elgin, Illinois Belvidere, Illinois Lundstrom Insurance Mr. Donald Johnson Elgin, Illinois *Rev. D. Scott Johnston Dr. Rob McCleland, Vice Chair Mr. Dana Davidson Mr. Kenneth Lawson Founder, LeaderTribe.com President, *Dr. Adam Mackintosh Mr. Carl E. Lundstrom Suwanee, Georgia Dana B. Davidson CPA Co., P.C. Physician, Dr. John Shales Northbrook, Illinois Family Care Clinic Dr. Malcolm Shotwell Rev. Greg Huguley, Treasurer Sterling, Colorado Dr. Wilber Smith Pastor, First Baptist Church Mr. Dennis Demoss Mr. Cliff Wilson Elgin, Illinois Senior Vice President, Sargent & Dr. Brett Smith Lundy Pastor, University Baptist Church HONORARY Mrs. Cynthia Hoag, Secretary Chicago, Illinois Champaign, Illinois The Honorable Jim Edgar Manhattan Beach, California Dr. Robert Lindner Rev. Dr. Nathaniel Edmond *Mr. Bruce Strom *Dr. Nate Adams, Past Chair Pastor, Second Baptist Church President/CEO, Executive Director, Elgin, Illinois Gospel Justice Initiative Illinois Baptist State Association Elgin, Illinois Springfield, Illinois *Mr. Paul M. Floyd Attorney, *Ms. Laura Weise Mr. Harold Booze Wallen-Friedman & Floyd, PA CPA, Ernst & Young LLP East Peoria, Illinois Roseville, Minnesota Chicago, Illinois FINANCIALS 2% -3% 7% 11% EXPENSES REVENUE 16% Total Expenses: $24,886,341 Total Revenue: $20,858,839 Instructional: $10,099,161 Tuition and Fees: $13,758,154 Auxiliary: $5,175,354 41% Institutional: $5,273,378 25% 15% Auxiliary: $3,742,424 Gifts/Gov: $2,222,057 66% Student: $4,053,810 Investment: $(614,143) Academic: $1,717,568 Other: $317,417 21% * denotes alumni 18 JUDSON UNIVERSITY LIFETIME GIVING The following honor roll of Lifetime Giving includes all cumulative gifts to Judson University through May 31, 2016. $1,000,000 AND OVER Educational Assistance LTD First Baptist Church, Barberton, OH American Financial Corporation Foundation EFS Foundation First Baptist Church, Cadillac, MI Dr. & Mrs. Roy R. Carpenter † Estate of Russell & Raye Jeanne Ingraham First Baptist Church, Charlotte, MI Hoffer Foundation † Estate of Kenneth Starns First Baptist Church, Crawfordsville, IN † Estate of Ms. Faye K. Kunkel First Baptist Church, Greensburg, IN First Baptist Church, Davison, MI Dr. & † Dr. Robert Lindner First Baptist Church, Hamilton, OH First Baptist Church, Greenwood, IN † Dr. & Mrs. Carl H. Lindner First Baptist Church, Savoy, IL First Baptist Church, Howell, MI † Dr. & † Mrs. George H. Martini First Baptist Church, Seymour, IN First Baptist Church, Ironton, OH † Dr. Margaret P. Surbeck Dr. & † Mrs. E. Harold Harper First Baptist Church, Keokuk, IA Mr. Cliff D. Wilson † Mrs. Audrey Harrison First Baptist Church of Manlius, Wyanet, IL † Mr. & Mrs. George E. Hepler First Baptist Church, Mount Vernon, OH $500,000 TO $999,999 † Ms. Victoria W. Hesse First Baptist Church, Muncie, IN Mr. & Mrs. Dennis Demoss Mr. & Dr. Robert G. Hunt First Baptist Church, Park Ridge, IL The Kern Family Foundation Illinois Clean Energy Foundation First Baptist Church, Peru, IN † Mrs. Odean Kraft Dr. Paul H. Johnson First Baptist Church, Rantoul, IL Kresge Foundation Mr. Robert A. Johnston First Baptist Church, Westchester, IL † Mr. Richard E. Lindner Kent Corporation Foundation † Mr. E. K. Fuller † Mrs. Marjorie Thulin Mr. & Mrs. Kenneth Lawson † Estate of Mr. & Mrs. Harold Gronseth Wilson Foundation *Dr. & *Dr. Kevin Noe Mr. & Mrs. Rolf R. Grupp W. R. Meadows Foundation OTTO Engineering, Inc. † Estate of Ms. Ann G. Hill PSA-Dewberry/BCA † Estate of Charles F. Hodgen $250,000 TO $499,999 † Dr. & † Dr. Willis A. Reed † Mrs. Lynette Hoffman Armlader Trust Fund † Mr. Bruce A. Roadarmel † Rev. Harold Humbert Mr. & Mrs. James Bagnall † Mrs. Laura Robinson Illinois Tool Works Foundation † Dr. William W. Brady † Mr. Ray Schlader Mrs. Marilyn Jaeger Mr. & Mrs. Shawn Casey † Mrs. Mildred L. Schwabenland Estate † Ms. Alma M. Jirka † Mr. Harvey E. Daeumer Dr. & Mrs. Jack Shales Mr. & Mrs. Dennis W. Johnson First Baptist Church of Elgin, Elgin, IL Shales McNutt LLC Mrs. Phyllis Aileen Johnson First Baptist Church, Marshalltown, IA † Ms. Blanche M. Sheffel Kellenberger Electric Inc. Friends of Judson The Shurtleff Fund Robert D. Lindner Family Trust † Dr. & † Mrs. Charles R. Hicks Mr. & † Mrs. Ralph Sloman Mr. Steven Lomske Mr. & Mrs. David A. Hoag Spectrum Technologies Inc. Mr. John R. Lundstrom Mrs. Mary Jefferson † Mrs. Marian H. Stephens Lundstrom Insurance † Mr. Gordan A. Jordan The Hope Group Chaplain & Dr. Robert L. Maase Karl Road Baptist Church, Columbus, OH † Dr. & † Dr. Edward L. Thompson Mr. & Mrs. Laine Malmquist † Dr. & Mrs. James H. Kent † Mr. & Mrs. Robert L. Thurow, Sr. † Mr. & † Mrs. S. Paul Mathews † Estate of Mr. & Mrs. Louis Kunos Mrs. Rose Marie Voelker McGraw Foundation Mr. & Mrs. Carl E. Lundstrom W. R. Meadows, Inc. Dr. & Mrs. David Mehlis Mr. & Mrs. David McFadzean † Edythe Wenstrom Estate † William Meyer Estate Dr. & Mrs. Harry G. Meadows † Mrs. Genevieve Wilson Mr. David A. Mitchell † Mrs. Betty Medearis Montgomery Community Church, Cincinnati, OH † Mrs. Hazel Jean Nietzold $50,000 TO $99,999 Mrs. Margaret Noble Dr. Stuart A. Ryder *Dr. & *Mrs. Nathan Y. Adams Northwestern Mutual Life Safety-Kleen Corporation † Mr. George E. Aho Paragon Supply † Mrs. Nina M. Smith American Baptist Foundation Mrs. Miriam Pede Dr. & Mrs. Wilber G. Smith † Mr. Robert P. Anderson Mr. William H. Peterson United Dairy Farmers Inc. Mrs. Jean E. Appier Mrs. Wilma Plummer Varied Investments, Inc. Arlington Memorial Baptist, Akron, OH Mr. & Mrs. Paul A. Pauley † Dr. & Mrs. Harm A. Weber † Mrs. Gladys V. Ashley Ridgeview Baptist Church, Danville, IL Autodream LLC Mr. & Mrs. John M. Smith $100,000 TO $249,999 † Miss Floy Bell Spectrum Technologies Ameritech Corporation Mrs. Marilyn C. Bennett † Mr. & Mrs. W. Deane Sprague Mr. & Mrs. David P. Anderson † Dr. & Mrs. Richard Besancon † Ms. Ruth Standish Anonymous Bethany Baptist Church, Highland, IL † Mr. & † Mrs. Robert S. Stoner Artistic Carton Company Bethel Baptist Church, Springfield, OH † Mr. James P. Thornbury † Mr. & † Mrs. Royden W. Behmer † Mr. & Mrs. John A. Boswick Mr. & Mrs. Cecil Vandygriff, Jr. † Mr. Milton W. Bennett Brady Ready-Mix Company Mrs. Beatrice Wilson Mr. & Mrs. Harold Booze California Community Foundation Dr. Li Li Zyzak † Dr. Barbara Brady Rev. & † Mrs. Raymond H. Carter † Mary L. Bramer Trust † Dr. & Mrs. Albert Cassens Dr. & Mrs. Donald W. Brinckman Caterpillar Foundation Brinckman Family Foundation Chase Bank Mr. & Mrs. Ivan Bruner Dr. & Mrs. Richard H. Clossman † Mr. & Mrs. Emmett R. Bubb Courier News Dr. & Mrs. Jerry B. Cain Dana B. Davidson CPA Co. P.C. Capital Group Companies Mr. & † Mrs. Murrell L. Dean Central Baptist Church, Springfield, IL Deluxe Corporation Foundation Cherry Hills Baptist Church, Springfield, IL DSM Desotech Inc. David C. Cook Elgin Sweeper Foundation Dr. & Mrs. James W. Didier Mr. & *Mrs. Craig Feltheim † denotes deceased † Dr. & Mrs. David J. Draewell Fabric Images Inc. * denotes alumni 2015-2016 ANNUAL REPORT 19 ANNUAL GIVING The following honor roll of Annual Giving includes all cumulative gifts to Judson University from July 1, 2015, through May 31, 2016. $10,000 AND ABOVE Hexagon Metrology Inc. Heritage-Crystal Clean Anguleris Technologies Hillcrest Baptist Church of Columbus, OH Mr. Omar Hernandez † Ms. Goldie Boyer Estate Hilton Chicago Hotel Mr. & Mrs. Harding R. Holloway Mr. & Mrs. Fred Broling Dr. Jeanette Hsieh Mr. H. J. Ihm Mrs. Frieda Bubb Inland Bank and Trust Real Estate Corporation Mr. & Mrs. Thomas E. Keating Capital Group Companies Institute for Faith Work & Economics *Mr. & *Mrs. Thomas M. Kimble Mr. & Mrs. Shawn Casey Karl Road Baptist Church, Columbus, OH Mr. & Mrs. Michael King Gene and Cindy Crume Kovitz Investment Group, LLC Mr. & Mrs. Jack Kremers Mr. & Mrs. Dennis Demoss MECU Mrs. Edith Lambert Educational Assistance Ltd. National Management Resources Corporation Larkin Avenue Baptist Church, Elgin, IL *Mr. & *Mrs. Paul Floyd Mrs. Wilma Plummer Mrs. Joan C. LeValley Friends of Judson Quarles & Brady LLP Lighthouse Community Church, Elgin, IL Mr. & Mrs. David A. Hoag Dr. & Mrs. Jack Shales Mr. & *Mrs. John Lucks Mr. Milford Kellogg Shales McNutt LLC Mr. & Mrs. David Mahler Kent Corporation Charitable Foundation Dr. & Mrs. Wilbur G. Smith Dr. & Mrs. Rob C. McCleland The Kern Family Foundation Ms. Cynthia Steck *Ms. Denise McNutt *The Honorable Kevin W. Lyons Mr. & Mrs. Steven Street Mercy Seat Christian Church, Milwaukee, WI *Dr.