WABASH COLLEGE 2006-2007 Honor Roll of Donors From the President From the Dean for Advancement Privacy Statement From the Treasurer and Chief Financial Officer Financial Statement From the Chairman of the 1832 Society Edmund O. Hovey Circle Frank H. Sparks Circle Elihu W. Baldwin Circle Byron K. Trippet Circle Caleb Mills Circle From the Chairman of the Wabash College Annual Fund Old Wabash Club Scarlet Flag Club Little Giant Club From the Director of Alumni & Parent Relations Class Agents Top Classes Alumni Giving by Class Annual Fund Benchmarks Other Giving Groups 25 or More Consecutive Years of Giving Kane Society President's Club Corporations Faculty and Staff Foundations Friends Honor Gifts Matching Gifts Memorial Gifts Other Organizations Parents Trusts and Bequests From the Coordinator of Volunteer Services National Association of Wabash Men NAWM Board of Directors NAWM Regional Leadership Other Volunteers Admissions Career Services Center Of Inquiry Community Fundraising General Alumni Affairs Lilly Explore Indiana Grant Lilly Jobs Grant Presidential Inaugurations Sons of Wabash Strategic Planning Student Life Teaching and Learning Varsity Sports Wabash Magazine Editorial Advisory Board Wabash Magazine Volunteer Contributors Board of Trustees Dear Alumni, Parents, and Friends: Your generosity manifested through gifts of dollars, time, and talent to Wabash College shines forth in the 2006-2007 Honor Roll. When Wabash asks for your help, your enthusiastic response supports programs such as immersion trips, which help students gain a deeper knowledge of the wider world; scholarships that make possible the extraordinary experience of Wabash; and the fraternity partnership campaign, which supports unprecedented development of new and renovated living space. In addition, you have given your time at W Nights, helped with summer internships, and brought WABASH Day of service to your communities, activities that serve students and model new ways in which Wabash is a truly great college. The Honor Roll of Donors and Volunteers recognizes you who make it possible for our young men to earn a remarkable liberal arts education. Students are the center of the College, the reason we are all here at Wabash. The men of Wabash are grateful for the opportunity to earn a liberal arts education second to none. As these extraordinary young men make a difference not only now at Wabash but in the years ahead through their leadership in communities large and small, you will know your generosity has transformed their lives. They are grateful for your support, and they learn from your example. In turn they will repay your generosity by enacting positive leadership for many years to come. Wabash's mission to educate men to think critically, act responsibly, lead effectively, and live humanely is reflected time and again in your generous support. On behalf of the students, faculty, and staff of Wabash, I thank you. Sincerely, Patrick E. White President Dear Alumni, Parents, and Friends of Wabash College: Of the many letters I write each year this one is my favorite. It is an opportunity to say thank you. Thank you to the thousands of Wabash alumni, parents, and friends who invest in our mission and in our students. Thank you to the thousands of Wabash alumni, parents, and friends who give of their time and assist in recruiting, fundraising, reunion planning, career services, fraternity advising, and myriad other activities that help our students. Last year in this space I challenged you to make this year’s honor roll longer than it was last year. I am pleased to report that you answered the call. For the third consecutive year more of you invested in Wabash College than in the year before. At a time when many colleges are struggling to increase participation, you have stepped forward in even greater numbers to support our students. The returns on your investment manifest themselves in many important ways. I’ll share two examples with you: Patrick Millikan ’07 came to Wabash College from Southern Indiana. He played football, became a starter and team captain and earned the prestigious NCAA Post-Graduate Scholarship. He served as president of his fraternity and excelled in the classroom studying religion and art. This fall Patrick will begin his first year of medical school. Andrew Dits ’07 came to Wabash College from Northern Indiana. During his sophomore year, despite never having acted before, he auditioned for the lead role in the play This is Our Youth. He won the part, wowed the audiences, and uncovered a passion for theater and the arts. He majored in philosophy but remained a key player in the student arts scene, continuing to act, produce films, and write poetry that was featured during President White’s inauguration festivities. This fall Andrew will begin work on a master’s degree in University of Southern California’s prestigious acting program. Two incredible journeys: A religion and art major studying medicine. A philosophy major who had never before acted on stage earning admission to one of the country’s best acting programs. There are hundreds of stories like Patrick’s and Andrew’s. We are able to tell those stories because your gifts make them possible. Once again this year I challenge you to make next year’s honor roll even longer. When you make this year’s gift, think about Patrick, Andrew, and the hundreds of young men who will directly benefit from your generosity. Share their stories with your friends, classmates, and fraternity brothers who have not yet joined you in making a gift and encourage them to do so. On behalf of our students, faculty, and staff, I say thank for your generous gifts and your time. You are part of a special group of people who believe strongly in Wabash’s mission to educate men to think critically, act responsibly, lead effectively, and live humanely. Sincerely, Joseph R. Emmick '92 Dean for Advancement Privacy Statement (next page) Privacy Statement The Wabash College 2006-2007 Honor Roll includes donors of monetary gifts and gifts of time and talent for the fiscal year July 1, 2006 through June 30, 2007. It is created and maintained by the Office of College Advancement. Wabash College respects your privacy and will not share your confidential information with businesses, nonprofit organizations, or other educational institutions. If you decide you do not want your name listed in the honor roll, please contact the office below, providing full name and class year if appropriate. E-mail: [email protected] Phone: 765-361-6063 Write: Wabash College College Advancement/Stewardship P.O. Box 352 Crawfordsville, IN 47933 Dear Alumni, Friends, and Parents, My, how quickly time flies when you are having fun and being challenged. I can’t believe that it has already been over one year since President White, Dean Phillips, and I all started last July. I have been amazed at the commitment of the Wabash students to their education, and of the Wabash alumni to their alma mater. That commitment is truly unique in higher education today. Financially, Wabash College still continues its outstanding success as demonstrated by the financial results for the year ended June 30, 2007. The financial highlights for the year are as follows. (Please see financial statement following this letter.) Tuition revenues for the year totaled in excess of $21 million. To help our students afford the cost of education, they received over $13.9 million in financial aid. Much of this aid was subsidized from outside sources including endowed scholarships ($2.90 million), restricted gifts ($.30 million), federal and state grants ($1.66 million) and other outside sources ($1.04 million). With those subsidies for our students, the net tuition discount rate was approximately 38 percent. The endowment value at June 30, 2007 was in excess of $413 million, including all Funds Held in Trust by Others. This was an increase of $49.75 million or 13.68 percent after distributions to operations. The endowment benefited from $4.05 million in new gifts and $65.54 million in market return for the year. Market return — as well as dividends and interest — received helped contribute over $15.6 million of support for the operations of the College and $2.9 million for endowed student scholarships. Total gifting to the College was in excess of $6.59 million. The Annual Fund contributed in excess of $2.76 million of the gifting revenues, with more than 37 percent participation from Wabash alumni. Given that student revenues cover slightly more than one-third of the total operating costs, the Annual Fund is an important source of support for the men of Wabash. The 2006-2007 year was also an exciting year for construction projects on campus. During the year, the Phi Kappa Psi house was completed and dedicated. Crawford Hall (the former Sigma Chi house) was demolished and new construction began on the Tau Kappa Epsilon house at that site. Across the street, renovation of the Delta Tau Delta house also began. The TKE project should be completed in the spring of 2008, and the Delt project should be completed by the start of school in August 2008. In addition to the Greek housing projects, College Hall (the former TKE house) was completely renovated for independent men. This project includes additional residential rooms, centralized air conditioning, and new exterior windows. Other projects include renovations in the Business Office and Bookstore. Thank you again for your continued support for Wabash College. I look forward to serving in the year ahead. Sincerely,