annual report 2013
Based firmly in the Christian faith, Bethel is committed to preparing: Christ-followers rooted in Scripture and living out the mission of Jesus
Character-builders concerned with developing the whole person
Truth-seekers
recognizing that God is the source of all truth
Learners
committed to academic excellence
Reconcilers
honoring the worth and dignity of all people
Salt and Light
reflecting the love of Christ to a broken world
World-changers shaping the world through leadership
Building a Better bethel Bethel University is a leader in Christ-centered higher education. Our mission remains strong, but like many colleges and universities, we have faced financial challenges in the past few years. As we stepped up to help families affected by the economic downturn, we went through a collaborative prioritization and review process in which we evaluated programs, departments, and university functions to determine which services are essential to the university’s mission. Our decisions will ensure a strong future for Bethel. While 2013 was filled with challenges, Bethel has much to celebrate: we installed both a new provost of the university and a new vice president and dean of Bethel Seminary; launched the Physician Assistant graduate program and moved forward with another highly anticipated graduate program in NurseMidwifery; the physics department was awarded an unprecedented three National Science Foundation grants within one year; the Royals football team advanced to the quarterfinals of the NCAA Division III Championships; a record number of men and women graduated from across all Bethel’s schools and locations; and 2013 was a record year for fundraising. We have been blessed to have seen God’s provision in countless ways this year. I invite you to see how that is demonstrated in the statistics, charts, and graphs that follow. Your partnership with Bethel’s important mission helps us accomplish incredible things together—for students, for our community, and in our world. Serving Together,
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Jay Barnes, President
The Year in review January
Deb Harless named provost of Bethel University
may
Alumni awarded National Science Foundation graduate research fellowships Bethel team named outstanding winner in international math modeling competition
February
Bethel Seminary San Diego expansion completed and dedicated
June
First cohort of Physician Assistant program starts
our mission Boldly informed and motivated by the Christian faith, Bethel University educates and energizes men and women for excellence in leadership, scholarship, and service. We prepare graduates to serve in strategic capacities to renew minds, live out biblical truth, transform culture, and advance the gospel.
August
our vision
October
Educationally excellent, globally engaged, equipping graduates to make exceptional contributions in lifelong service to God and the world.
Bethel Choir tours Poland Physics department receives two National Science Foundation grants
March
U.S. News & World Report ranks Bethel seventh in its list of colleges where the most students study abroad
April
More than 200 grandparents connect with grandchildren at first Grandparents’ Day Martin Luther King’s daughter Bernice King promotes peace and forgiveness at chapel address
November
Bethel announces start of Nurse-Midwifery graduate program
December
Bethel completes branding initiative Football team reaches quarterfinals of NCAA Division III championships
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Highlights of Each School
7
College of Arts & Sciences (CAS)
th
national ranking for study abroad
Professor Juan Hernandez’s research gains international recognition
Bethel Seminary
INMINISTRY DISTANCE LEARNING PROGRAM expands at both St. Paul and San Diego campuses
2 3
new missional ministries major
3 National Science Foundation grants awarded to physics faculty within the last year
College of Adult & Professional Studies and Graduate School (CAPS/GS)
19
times larger
the doctor of education program, from 16 students to 300+ in last decade
number of academic terms switch to semesters makes Seminary education more affordable, accessible
2 Times a year business and leadership students travel to Europe or China to learn how to conduct business globally
Visit bethel.edu for more information about these highlights.
By the Numbers Gifts to Bethel University (Fiscal year ending May 31)
$12,426,424*
$12m $10,334,816 $10m
$10,087,390
$9,298,389 $8,226,107
$8m
$6,895,280
$6m $4m $2m
2007-08
2008-09
2009-10
Bethel Fund
2010-11
Capital
2011-12
2012-13
Restricted
*record fundraising year
Bethel Fund Sources 2012-2013 TOTAL: $3,312,915
Source: Office of Development records, pre-audit
Parents $576,168
Associated Churches $8,346 Corporate Matches $71,820
Friends $312,735
Alumni $933,734
Minnesota Private College Fund $11,905 Corporations, Foundations, and Trusts $1,108,175
Converge Worldwide & Churches $290,032
Note: Office of Development records of receipted gifts reflect different categories than audited financial statements.
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2012-2013 All-Year Enrollment Total: 6,637 (unduplicated)
Bethel Seminary of the East 124
Bethel Seminary San Diego 270 Bethel Seminary St. Paul 694
College of Arts & Sciences 3,031
Graduate School 1,673
College of Adult & Professional Studies 915
Note: This chart includes 69 students who attended two or more Bethel University schools.
Enrollment Change Over Time Totals: 2003-2004: 5,272 • 2012-2013: 6,637 Students 3,500 College of Arts & Sciences
3,000 2,500 2,000
Graduate School
1,500 1,000
College of Adult & Professional Studies Bethel Seminary St. Paul
500
Bethel Seminary San Diego
5
2012-13
2011-12
2010-11
2009-10
2008-09
2007-08
2006-07
2005-06
2004-05
2003-04
Bethel Seminary of the East
Bethel Enrollment History
6,000
5,374 STUDENTS
Fall Enrollment* by School
2,400 STUDENTS
Bethel Seminary St. Paul
Adult degree completion and graduate programs begin
Bethel Academy Bethel Mission Training School
Seminary of the East merges with Bethel
Bethel College/College of Arts & Sciences 2,338 STUDENTS
Bethel Seminary San Diego Bethel Seminary of the East
5,000 3,900 STUDENTS
4,000
Bethel Seminary San Diego begins
College of Adult & Professional Studies Graduate School
3,000
1,359 STUDENTS Moves to new campus in Arden Hills
2,000
550 STUDENTS
Moves to Twin Cities; merges with an academy
3 20 1
0 20 0
89 19
19 77
19 72
47
1,000
19
19 0
5
Bethel begins as a seminary in Chicago
18 71
Four-year college begins
70 STUDENTS
1 STUDENT
*Enrollment increases throughout the year with the beginning of new semesters and cohorts, particularly in adult programs.
Student Profile 2012-2013 Total women Total men Number of states represented Number of countries represented Ethnic minority citizens Freshman retention percentage* Incoming average freshman ACT* Five-year graduation rate*
3,992 2,715 49, plus Washington, D.C. 31 1,008 (16%), up from 11% in 2007-08 85% 25.0 70%
These numbers count each student once per school in which they were enrolled; 69 were enrolled in more than one university school.
Faculty—Fall 2013 Full time (222) College of Arts & Sciences—184 College of Adult & Professional Studies and Graduate School—17 Bethel Seminary—21 Part time (318) College of Arts & Sciences—118 College of Adult & Professional Studies and Graduate School—145 Bethel Seminary—55 Student-to-faculty ratio—12 to 1* *College of Arts & Sciences (CAS)
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2012-2013 Student Financial Aid—All Schools (in millions)
Total: $93,326,294
State Gift Aid Private Gift Aid $3.0
$3.3
Federal Gift Aid $5.9
Institutional Gift Aid $34.1 (scholarships and grants) Loans $44.1
$2.8
Campus Work Earnings
Last year, Bethel distributed more than $46 million in total gift aid from all sources. On average, Bethel undergraduate students who demonstrate need receive $16,368 per year in scholarship and grant money that they do not need to repay.
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2013 Bethel University Financial Activities (in thousands)
Operating Revenues Contributions, Gifts, Grants 5%
Operating Revenues 2012 Tuition and Fees $102,365 Less Institutionally Funded Aid ($30,643)
2013 $104,414
Net Tuition and Fees Contributions, Gifts, and Grants Auxiliary Services Other
$72,204 $4,961
$19,702 $19,422 $7,8413 $8,863
Total Operating Revenues
$104,741 $105,450
$71,722 $5,476
($32,210) Auxiliary Services 19% Net Tuition and Fees 68% Other 8%
Operating Expenditures Operating Expenditures Instruction Academic Support Student Services Institutional Support Auxiliary Services Other Total Operating Expenditures Net Operating Activities Net Non-operating Activities Increase in Net Assets
2012 2013 $39,032 $41,962 $8,841 $8,991 $7,682 $8,100 $28,337 $28,942 $18,524 $18,213 $1,147 $1,220 $103,564 $107,428 $1,177
$1,978
($219)
$10,830
Student Academic Services 7% Support 9% Institutional Support 27%
Instruction 38% Auxiliary Services 18%
$1,155 $8,853
Other 1%
Source: Audited Combined Financial Statements of Bethel University and Bethel University Foundation
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Key Financial Indicators (as of March 31; in thousands)
2009
Property and Equipment, Net $98,183 Long-term Debt $45,196 Endowment $23,362 Net Assets Unrestricted $30,860 Temporarily Restricted $10,699 Permanently Restricted $24,049
2010
2011
2012
2013
$99,092 $45,669 $24,140
$98,046 $44,068 $30,808
$97,736 $44,018 $28,873
$99,362 $43,144 $34,396
$30,615 $14,186 $24,856
$37,779 $21,855 $21,744
$23,377 $20,149 $25,927
$42,993 $22,825 $27,659
$100,000 $80,000 $60,000 $40,000 $20,000
Property and Equipment, Net
Long-term Debt
Endowment
Unrestricted
Temporarily Restricted
Net Assets
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Permanently Restricted
POSITIONED FOR A Strong future Bethel University is positioned for a strong future and there is much to celebrate across the university. Core programs continue to excel, new revenueproducing programs are being added, and retooled marketing has led to the unveiling of a new brand this fall that allows all schools within the university to use common language, visual themes, and a new logo to help unify the university and better market its distinctive programs and value. And through the help of a generous investor, Bethel has been able to address space concerns at a huge savings by
purchasing Pine Tree, a 200,000-square-foot office building located on 42 acres within walking distance of the main campus. Bethel is also examining creative new models for delivering higher education, looking beyond the traditional undergraduate model for ways of reducing costs
while maintaining the quality of experience. A group of faculty and administrators serve on a “College of the Future” task force to explore these ideas, and a second long-term project, “Moving the Needle,” is looking comprehensively at student success and retention in the College of Arts & Sciences.
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Board of Trustees 2013 James (Jay) H. Barnes III (ex-officio) President, Bethel University
Karin L. Larson Retired Chair, Capital International Research, Inc.
Rollie H. Anderson President, Anderson Trucking Service, Inc.
Daniel A. Lindh* President & CEO, Presbyterian Homes and Services
Collin E. Barr* President, Minnesota Region Ryan Companies
Trina Maduro Independent UnFranchise Owner, CrazyFavor.com
Alan Bergstedt President, Visionary Ventures
Laura McKnight Attorney, Bassford Remele
Robert Bjork* Managing Partner, Birch Cove Group, Ltd.
Paul Mitton District Executive Minister, Converge Rocky Mountain
Michael Brocker CEO, Legacy Wealth
T. Cher Moua Director, Union Gospel Mission Asian Ministries
Daniel H. Carlson* Executive Minister, Minnesota Iowa Baptist Conference Deanna Conrad Adjunct Faculty, Bethel University Dan Dye* President, Cargill’s Horizon Milling Thomas C. Evans President & CEO, Iowa Healthcare Collaborative James B. Green* Retired President & CEO, Kemps/ Marigold Foods, Inc. Dean Hager President and CEO, Kroll Ontrack Michael Henderson Senior Pastor, New Beginnings Community Church Dale Hummell Senior Pastor, Wooddale Church
Vikki J. Myers Co-Founder, Kingdom Impact Theatre Ministries Barbara Nicholson Owner & President, Mayfair Estate & Antique Jewelry Pamela Olson Former Teacher & Active Volunteer John Roise* President, Lindsay Window & Door Gerald R. Sheveland (ex-officio) President, Converge Worldwide Harold B. Smith* CEO, Christianity Today International George H. Soltero Former Assistant Federal Public Defender, District of Arizona
John K. Jenkins Sr. Senior Pastor, First Baptist Church of Glenarden
Tim N. Traudt* Executive Vice President & Regional Managing Director, Wells Fargo Wealth Management
Wayland E. Jensen Chairman/Retired CEO, Jensen Window Company
Ronald A. Tschetter Former Director, U.S. Peace Corps
Don H. Johnson President, TST Consulting Joel Johnson* Senior Pastor, Westwood Community Church Krista L. Kaups Health Sciences Clinical Professor of Surgery, UCFS Fresno Steve T. Kirby Founding Partner & President, Bluestem Capital Co.
Julie M. White* President, Tapestry Solutions, LLC Harold J. Wiens* Retired Corporate Executive, 3M Company John Wories Jr. President, Amsted Rail * members, Executive Committee
President’s Cabinet 2013 Jay Barnes President Randy Bergen Executive Assistant to the President Deb Harless Executive Vice President and Provost Joe LaLuzerne Senior Vice President for Strategic Planning and Research Sherie Lindvall Senior Vice President for Communications and Marketing Pat Mazorol Senior Vice President for University Relations Kathleen Nelson Senior Vice President for Finance and Administration Leon Rodrigues Chief Diversity Officer