JULY 1, 2006 THROUGH JUNE 30, 2007 1 6878_PCcs2_FIX.indd 1 8/24/2007 1:14:35 PM 2 JULY 1, 2006 THROUGH JUNE 30, 2007 6878_PCcs2_FIX.indd 2 8/24/2007 1:14:37 PM 22006-2007 0 0 6 - 2 0 0 7 FFISCAL I S CA L YEARY E A R President’sREPORT JULY 1, 2006 THROUGH JUNE 30, 2007 3 6878_PCcs2_FIX.indd 3 8/29/2007 8:15:57 AM FROM TTHE H E PPRESIDENT R E S I D E N T What a year! With deep and enthusiastic • A marketing campaign with commitment to our mission, students testifying how they found 2006-2007 was packed with energizing new their “place” at Manchester initiatives and amazing successes. What’s new? • New “giving societies” to recognize • A student Success Center that donors who help keep The combines academic support, Manchester Fund strong, encourage tutoring, career services, the honors philanthropy in our young alumni, program, study abroad, counseling, and celebrate planned giving and health services • A new approach to recruitment • A transformed College Union with and retention, buoyed by a a dramatic dining commons, top fi nancial aid consultant, expanded Campus Store, more emphasis on marketing, contemporary Oaks, the Success and shared commitment by the Center, and excellent conference entire College community and conversation spaces 4 JULY 1, 2006 THROUGH JUNE 30, 2007 6878_PCcs2_FIX.indd 4 8/29/2007 8:16:04 AM What successes do we celebrate? 2) be “mission centered and market smart” to • Three Fulbright scholarship winners maximize our impact in the world, 3) recruit – now 22 recipients of the U.S. and graduate a student body large enough to government’s premier scholarship in utilize optimally the College’s resources, and 4) 12 years – the highest per capita of any generate a fi nancial margin suffi cient to support Indiana school the College’s mission and vision. • First-year students focusing on “Diffi cult Dialogues,” learning how to discuss We thank you for your support in all its forms. controversial issues respectfully Manchester College is strong today because • A nearly $950,000 increase in donations, you have told our story, hired our graduates, for total fi scal year giving of $6,982,978 referred prospective students to us, and shared and strong fi nancial support by faculty your fi nancial gifts. On behalf of our students, (76 percent) and staff (50 percent) faculty, and staff, thank you! • A record endowment, now exceeding $42 million These initiatives and successes are the result Jo Young Switzer, president of laser focus on our strategic priorities. Committed to spending time on what is important, not just what is urgent, we continue to strive to: 1) tell a compelling institutional story to draw resources to the College, JULY 1, 2006 THROUGH JUNE 30, 2007 5 6878_PCcs2_FIX.indd 5 8/29/2007 9:18:01 AM Mission Statement Manchester College respects the infi nite worth of every individual and graduates persons of ability and conviction who draw upon their education and faith to lead principled, productive, and compassionate In Review lives that improve the human condition. WHERE DOES THE MONEY COME FROM? WHERE DOES THE MONEY GO? Values Statement Net Tuition, Room Payroll, Benefi ts 53% As a primarily undergraduate, residential, liberal arts and Board 81% Room and Board 9% community rooted in the tradition of the Church of Gift Income 8% the Brethren, Manchester College values: General Administration 9% • Learning, because high academic expectations in Auxiliary Income 5% Utilities 7% an environment combining liberal arts and Investment Income 4% professional preparation equip graduates to live Student Services 7% healthy, productive, and principled lives; Government Grants 1% Academic Costs 5% • Faith, because our diverse faiths call us to make the world a kinder and better place, establish Other Sources 1% Auxiliary Costs 5% justice, build peace amid strife, and model lives July 1, 2006 through June 30, 2007 Facilities 5% of agape (selfl ess love), tikkun olam (repairing a broken world), and salam (peace); July 1, 2006 through June 30, 2007 • Service, because committing self in service to others connects faith with action and abilities with convictions; ENDOWMENT ENROLLMENT • Integrity, because honesty and trust are the foundations of teaching and learning, enriching, enduring relationships, and strong communities; • Diversity, because understanding differences develops respect for ethnic, cultural, and religious pluralism; an international consciousness; and an appreciation for the infi nite worth of every person; and • Community, because a positive community sharpens self-identity, promotes acceptance of the demands of responsible citizenship, and transforms confl ict into mutual respect. 6 JULY 1, 2006 THROUGH JUNE 30, 2007 6878_PCcs2_FIX.indd 6 8/29/2007 8:19:18 AM Vision Statement Manchester College will be best known as the college that guides and supports its students to accomplish levels of academic and personal achievement that surpass even their own expectations. TOTAL GIVING GIVING BY SOURCE The campus will be infused with a commitment to student learning in the liberal arts, along with Alumni 57.7% professional preparation for work, life, and service in a global society. Friends and Others 27.8% Corporations 5.8% Manchester will be a student-centered college that inspires high standards, innovation, and energetic Foundations 3.5% engagement. Religious 3.1% We will continually seek new partnerships, weave Parents 2.1% new technologies into teaching and learning, design curricula, strengthen students’ understanding of July 1, 2006 through June 30, 2007 community, generate suffi cient revenue to support operations, increase the endowment, and launch new ventures. As this energizing vision is realized, everyone who HE ANCHESTER UND T M F ALUMNI GIVING studies and works here will say “what I do makes a difference.” Strategic Priorities 1. Tell a compelling institutional story to draw resources to the College. 2. Be “mission centered and market smart” to maximize the College’s impact in the world. 3. Recruit and graduate a student body large enough to utilize optimally the College’s resources. 4. Generate a fi nancial margin suffi cient to support the College’s mission and vision. JULY 1, 2006 THROUGH JUNE 30, 2007 7 6878_PCcs2_FIX.indd 7 8/29/2007 8:19:20 AM President’s Cabinet The Board of Trustees Jo Young Switzer, president David F. McFadden, executive vice president Rebecca Ball-Miller ’82 – Goshen, Ind. Alicia Roberts ’01 – Indianapolis E. Michael Eastman, vice president for Robert Barcus – Indianapolis Richard D. Robins ’64 – Bratenahl, Ohio college advancement D. Randall Brown ’87 – Fort Wayne Jerry A. Royer, M.D. ’59 – Folsom, Calif. Freddie A. Bullock ’73 * – Ellicott, Md. Robert J. Scheer ’66 – Walnut Creek, Calif. Jack A. Gochenaur, vice president for fi nance, treasurer Jose L. Cardenas ’89 – Indianapolis Mark C. Sherman ’79 – Indianapolis Karen Crim ’74 Dillon – Vandalia, Ohio Jo Young ’69 Switzer – North Manchester Glenn R. Sharfman, vice president and dean for academic affairs Sara Edgerton ’70 – Indianapolis Helen Taylor ’73 – Smithville, Ohio Stanley J. Gilbert ’66 – Peoria, Ill. Lowell Taylor ’91 ** – Polo, Ill. Beth E. Sweitzer-Riley, vice president for student Samuel Gunnerson ’64 – Goodyear, Ariz. Amadea R. Tette, M.D. ’79 – Annadale, Va. development David A. Haist ’73 – Spencerville, Ind. Cynthia Hoff ’85 Trochu – Dallas, Texas Harriet A. Hamer ’80 – South Bend, Ind. Susan Brubaker ’62x Weybright – Goshen, Ind. Steven G. Hammer ’77 – North Manchester Charles J. Winger ’67 ** – Loveland, Ohio Carolyn Moldenhauer ’61 Hardman – Indianapolis Phillip C. Wright, M.D. ’78 – Fort Wayne J. Michael Jarvis ’68 * – Franklin, Ind. Elvin G. Zook, M.D. ’59 – Chatham, Ill. Philip Joseph ’64 – Onekama, Mich. Steven E. Kile ’88 – Elida, Ohio Honorary Trustees Rufus B. King ’67 – Friendsville, Tenn. Edgar C. Butterbaugh ’49 – North Manchester Paula Eikenberry ’86 Mendenhall – Clifton, Va. J. Gordon Keever ’47 – Brookville, Ohio Mary Ann Weyant ’76 Merryman ** – South Bend, Ind. J. Bentley Peters ’62 – Elgin, Ill. Kenneth D. Metzger ’67 – Auburn, Ind. Donald E. Miller ’51x – Richmond, Ind. * Term expired Dec. 31, 2006 Ralph R. Naragon ’58 – Urbana, Ind. ** Term began Jan. 1, 2007 J. Bentley Peters ’62 * – Elgin, Ill. Richard D. Ringeisen ’66 – Springfi eld, Ill. 8 JULY 1, 2006 THROUGH JUNE 30, 2007 6878_PCcs2_FIX.indd 8 9/4/2007 1:35:53 PM 2006 - 2007 Highlights New programs Admissions refocuses, restructures respond to Total restructuring of admissions, assisted by an enrollment market demand consultant, was spurred by a disappointing 48-student drop Partnerships with in fall 2006 total enrollment. Fresh strategies and intense business and focus on building a strong fall 2007 class resulted in 1,600 industry inspired applications – the largest number in the history of the College. a new 150-hour program that ideally positions Manchester College students in the job market well prepared for certifi cation as public accountants. A new biotechnology major is designed to serve A transformed College Union opens a demand for non-medical technicians with broad training in The College gleefully settled into a transformed College the laboratory sciences. Union that reunites the Campus Store and The Oaks with food service and the mailroom. Construction continued upstairs on National ranking promotes MC value a student Success Center and conference rooms. Donors have Manchester climbed to No. 3 in the Midwest for value in “Find Your Place” marketing campaign touches all made the $8.5 million structure into a true union. the highly regarded College Guide rankings of U.S. News & An engaging, enrollment-focused marketing campaign tells World Report. “The higher the quality of the program and the the College’s stories from the hearts of students, faculty and Giving rises without campaign, incentives lower the cost, the better the deal,” reported the magazine. staff. In their own words, students are saying they are fi nding Total giving rose almost $950,000 – even without the intensity Our recruiters shared the rating with prospective students and side-by-side learning with faculty, friends for life, academics of a fund-raising campaign or matching gifts from Lilly their parents.