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(2020) Annual Report

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(2020) Annual Report ANNUAL REPORT FY2020 01 UNIVERSITY FACTS UNIVERSITY FACTS COLLEGES AND SCHOOLS Helen Way Klingler College 02 FROM MARQUETTE’S LEADERSHIP of Arts and Sciences 04 MISSION College of Business Administration 06 BEYOND BOUNDARIES AND MASTER PLAN UPDATES J. William and Mary Diederich College of Communication 10 DIVERSITY AND INCLUSION College of Education 12 COVID-19 RESPONSE Opus College of Engineering 14 STUDENTS AND CAMPUS LIFE Marquette University is a Catholic, Jesuit university College of Health Sciences College of Nursing 16 ACADEMICS AND RESEARCH located near the heart of downtown Milwaukee, School of Dentistry 18 LEADERSHIP Wisconsin, that offers a comprehensive range of Graduate School 20 PHILANTHROPY AND ECONOMIC ENGAGEMENT Graduate School of majors in 11 nationally and internationally Management 24 FINANCIALS recognized colleges and schools. Law School 50 UNIVERSITY OFFICIALS STUDENTS A Marquette education offers students a virtually 11,819 total enrollment unlimited number of paths and destinations, and 8,515 undergraduate prepares them for the world by asking them 3,304 graduate and professional to think critically about it. ACADEMICS Undergraduate programs: Along the way, we ask one thing 83 majors and 80 minors and pre-professional programs in of every student: dentistry, law and medicine Postgraduate programs: BE THE DIFFERENCE. 74 doctoral and master’s degree programs, It’s not just a tagline — it’s what Marquette 24 graduate certificate programs, and professional University asks of its community. It’s what our degrees in dentistry and law students, faculty and staff aspire to do every day. FACULTY AND STAFF 1,297 faculty and academic positions 1,635 exempt and non-exempt staff ATHLETICS 16 NCAA Division I athletics teams Competes in the Big East Conference MARQUETTEMARQUETTE UNIVERSITY UNIVERSITY FINANCIAL ANNUAL REPORT REPORT FY2020 FY2020 22 FROM MARQUETTE’S LEADERSHIP A MESSAGE FROM A MESSAGE FROM Dr. Michael R. Lovell, Joel Pogodzinski, President Senior Vice President and Chief Operating Officer There’s no question that responding to the coronavirus pandemic occupies a majority of the waking hours for many Like so many institutions across the nation, Marquette University faces in the Marquette University community. Fortunately, it doesn’t unprecedented challenges brought on by a global pandemic, shifting demographics and an industry business model that is no longer sustainable. Dr. Michael R. Lovell occupy every hour of every day for every individual. In fact, Joel Pogodzinski At the same time, these very challenges present a watershed moment for Senior Vice President and President as you will read elsewhere in this annual report, our faculty, Marquette University our great university, as we have the opportunity to leverage our tradition Chief Operating Officer staff, students, alumni and community partners continue to of excellence and use our position of overall financial strength to ensure selflessly step forward to Be The Difference in the lives and a strong, bright future for generations of Marquette students to come. “To everyone who has work of others. Though the financial impacts of COVID-19 were unexpected and disruptive, “ Every day I am honored and supported Marquette they were not insurmountable. Precisely because Marquette has been privileged to see excellence University in the past year, Together we continue to plan for and create a better future for proactive in its strategic and economic planning, the university is respond- in how our faculty teach whether in ways small Marquette University. We have opened a new facility for our ing swiftly and nimbly to address the near-term budget shortfalls. and engage with students; or large, thank you for growing Physician Assistant Studies program and are refining The longer-term economic impacts are without a doubt challenging. We as how our students serve one your faith. Your belief in plans for a new College of Business Administration building. a university are prepared for the difficult decisions in front of us. Neverthe- another and the communities Marquette helps us.” Outstanding partners — many from the community and even less, our financial strength, confirmed by Moody’s affirmation of our A2 around us; and how our staff more from among our alumni — are standing alongside us to rating and stable outlook, and the proactive planning in which we have work to support the many already been engaged position us well to thoughtfully discern and make possible scholarship programs and research efforts. Our ways in which we provide strategically prepare for Marquette’s future. Cura apostolica — the care for students continue to inspire us by earning national recognition the institution — drives us forward. a transformative Catholic, and calling on their university to do more to become Jesuit education.” What will truly make all the difference in how Marquette begins to chart its increasingly diverse. next 139 years is — as it has always been — the people. To everyone who has supported Marquette University in the past Every day I am honored and privileged to see excellence in how our faculty year, whether in ways small or large, thank you for your faith. Your teach and engage with students; how our students serve one another and belief in Marquette helps us, as stated in our vision statement, the communities around us; and how our staff work to support the many ways in which we provide a transformative Catholic, Jesuit education. to “reach beyond traditional academic boundaries and embrace new and collaborative methods of teaching, learning, research The Marquette of the future will look different. What will never change is our mission and the foundational pillars of excellence, faith, leadership and and service in an inclusive environment that supports all of our service that guide us in all we do. members in reaching their fullest potential.” 3 MARQUETTE UNIVERSITY ANNUAL REPORT FY2020 4 MISSION MISSION MATTERS CAMPus IMPACT PEACE AND JUSTICE The Center for Peacemaking’s The Center for Peacemaking CAMPus Impact experience hosted “A Jesuit Approach won the International Town to Peace and Justice.” The and Gown Association’s Intern event featured a presentation Challenge, which highlights by Rev. Owen Chourappa, A REFLECTION student-led community S.J., about how peacemak- ON RESILIENCY projects in collaboration with ing plays a role in his work nonprofits or local government. protecting migrants and Healing and resiliency when the marginalized in India. CARE OF OUR all is in turmoil? They seem COMMON HOME SHARING HOPE unattainable. Turbulent uncertainty can cast us into a spiraling inner The university began using Marquette University a new type of brine to melt Neighborhood Kitchen darkness. How do we escape? snow and ice. The method retrieved unused food from is more economical and campus dining halls and Oddly, the remedy is what feels most remote: hope! environmentally sustainable, catered events to feed those and safer for campus. in need. Staff and volunteers Hope orients us to something beyond our present despair. It does not kicked efforts into overdrive FAITH-BASED GRADUATE to keep the program going escape into fantasy, but provides meaning and the promise of a better STUDENT GROUP amid the COVID-19 pandemic. The weekly group is designed future. Hope restores purpose. It guides us as we navigate the chaos. to be a supportive community SOCIAL JUSTICE SUMMIT It opens the door to healing and gives strength to carry on. where students are encouraged Marquette hosted to reflect on their lives in light “Art Activated” with Such is the wisdom of Ignatius of Loyola in his counsel to those in deso- of faith, especially amid NO STUDIOS to address struggles like the pandemic. social justice issues. lation. He challenges us to remember past moments of consolation with MISSION EXAMEN VIRTUAL FAITH EVENTS the admonition that the present darkness will pass. Trusting in God’s Marquette participated in Campus Ministry offered two the Association of Jesuit virtual retreat experiences: goodness, we look to the future with hope. Colleges and Universities a senior retreat — which Mission Priority Examen gave the Class of 2020 In these times, when so much has been upended in our lives, let us feed process to reaffirm the the opportunity to reflect our hearts and souls by remembering those places that stir our hope. university’s mission and on their Marquette journey establish goals for the future. and consider how they would From Rev. James Voiss, S.J., like to go forward — and a MISSION WEEK QuaranTeams Extravaganza, Vice President for Mission and Ministry The theme of Mission Week during which students 2020, “Open to Gratitude,” connected with others encouraged all to make space through games, activities to feel the presence of God. and conversation. Mission Week 2020 MARQUETTE UNIVERSITY ANNUAL REPORT FY2020 6 5 BEYOND BOUNDARIES AND MASTER PLAN UPDATES WE PLANT THE SEEDS THAT ONE DAY WILL GROW. St. Óscar Romero Planned new facility will transform Marquette business education With high demand for ming within the Women’s MARQUETTE RETAINS A2 RATING FROM INFLUENTIAL Innovation Network, the Athletic its offerings — including the CREDIT-RATING AGENCY MOODY’S In April 2020, the MARQUETTE and Human Performance 12th-ranked real estate and Marquette Board of Trustees unanimously approved a public debt issuance MOVES UP IN 2020 Research Center, the Kohler 17th-ranked supply chain manage- of $150 million to provide the university with additional financial flexibility. U.S. NEWS RANKINGS ment programs* — the Marquette Center for Entrepreneurship in Credit-rating agency Moody’s assigned Marquette an A2 rating, considered “investment the 707 Hub and many colleges. University College of Business grade.” Moody’s also affirmed the A2 rating on the university’s outstanding rated unsecured U.S. News & World Administration is well-positioned to Unique components of the new general obligation debt. Report’s 2020 build a critical talent pipeline for the building aim to transform According to Moody’s, the A2 rating reflects Marquette’s very good market position with regional business community.
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