President’s Report 2014 –15
Dear Bradley family and friends, As the 2014-15 academic year swiftly concludes, we recognize all that we have accomplished together as a community. And, as in past years — as in all years — we know in our hearts and minds that the best is always our intelligent, passionate and forwardthinking students who graduate ready to tackle the challenges of the world, big and small. In this my last President’s Report at Bradley, my message is simple: Make each of your life’s journeys count. All of our journeys at this great University are unique. However, we have bonded together by honoring formidable trailblazer and our University founder, Lydia Moss Bradley. Her vision for this institution and future generations of students inspires us to think about the meaning and purpose of each of our journeys. Mrs. Bradley’s life and actions demonstrate how best to provide for the future. Now, it’s our turn to invest in our current and future students to make sure they receive the best 21st century education possible by upholding our tradition of excellence and innovation — great teaching, distinctive experiential learning and an abundance of networking and career services opportunities. We send our students on their journeys knowing that we cannot fully prepare them for all they will encounter. Life has no script, and chosen paths may bend, turn and change course. My hope for our students, as for all of you, is to find happiness, fulfillment and immense joy throughout your journeys. No matter when you stop to appreciate the journey, it is the powerful and profound memories along the way that are savored well into the future. How lovely to still recall the words of wisdom, encouragement or brilliance of great teachers, mentors or coaches whether 20, 30 or more years have passed. These are the moments that connect Bradley alumni positively and forever to this wonderful University. These are among the special reasons that our alumni choose to give back. You will read about many of these individuals in this report. It has been my privilege and honor to serve this wonderful institution for the last eight years. Be well, my friends, as you continue your journeys. Go onward, ever onward and always remember your alma mater.
Warm Regards,
Joanne K. Glasser President Emerita
‘PIPELINE OF TALENT’ Spanning more than half a century, the partnership between Bradley University and Caterpillar Inc. continues to thrive. The mutually beneficial relationship between the University and the global company provides immeasurable opportunities through co-ops, continuing education offerings, scholarships, research, practicums, endowed professorships, graduate fellowships and more. Following the naming of the Caterpillar College of Engineering and Technology in 2012, a group of leaders at Caterpillar who are dedicated Bozeman Bradley alumni initiated a conversation within the company to support a campaign for the building of the planned Bradley Engineering and Business Convergence Center. Together, David Bozeman ’91, Gwenne Eddy Henricks ’79 MSEE ’81, Tana Allen Utley ’87 and Dave DeFreitas ’87 championed the center and its vision to their colleagues. As a result, Caterpillar is pledging a significant gift to Bradley’s Convergence Center. Viewing his studies in his alma mater’s manufacturing engineering department as “truly foundational,” Bozeman, a Bradley Board of Trustees member and senior vice president for the Caterpillar Enterprise System Group, appreciates the opportunity to collaborate with fellow leaders of the University, knowing “our efforts are making a positive impact for future generations.” He explains the need for the convergence of engineering and business curricula in a worldclass facility by saying, “Today’s business environment is dynamic and more complex than ever. Companies crave talented engineers who know and understand core business principles. That’s the power of Bradley’s Convergence Center.” Henricks, vice president for Product Development and Global Technology and CTO, added her support for the convergence curricula, noting, “I am a huge proponent of the academic program at the core of the Convergence Center concept that focuses on innovation through collaboration because it is exactly what Caterpillar and companies
Henricks
Utley
DeFreitas
like it need our employees to do. Graduates who have worked on cross-functional teams to solve problems by combining engineering and business competencies will be highly valued by prospective employers and have an advantage in their careers.” In reflecting on her Bradley Experience in the mechanical engineering department, Utley, Caterpillar vice president for the Large Power Systems Division, said the personal attention from professors and small class sizes “enabled me to dig into my favorite subjects and then positioned me to participate in highly technical product development programs using the skills I learned.” A legacy alumnus touting three generations of family members with Bradley degrees, DeFreitas, Caterpillar Group CFO for Corporate Services, recalled the superb education he received in the business school. His Bradley Experience continues today through discussions with his father, Louis DeFreitas ’53, and his son, Mathew DeFreitas ’13, as well as through participating in campus activities with his daughter, Emma DeFreitas ’17. “This gift from our company is simply another chapter in the storied relationship between Bradley and Caterpillar,” DeFreitas said. “The combination of innovative faculty, leading-edge curricula and world-class facilities will ensure Bradley continues to be a pipeline of talent for Caterpillar for years to come.”
YEAR IN REVIEW
Recognition for the Hilltop In Best Colleges 2015, U.S.News & World Report recognized Bradley as the top Illinois university of its type and fourth overall among Midwest Regional Universities providing a full range of undergraduate and master’s programs. The Caterpillar College of Engineering and Technology also was ranked nationally as one of the 35 best undergraduate engineering schools. The annual survey also recognized Bradley as a Top 10 “great school at a great price” in the Midwest. In addition, Bradley is tied for the highest graduation rate among Midwestern universities of its type.
and chair of biology and co-director of the Center for STEM Education, was presented with the Samuel Rothberg Professional Excellence Award. Dr. Mollie Adams, assistant professor of accounting and coordinator of the Master of Science in Accounting program, received the Caterpillar Inc. Faculty Achievement Award for Teaching. Dr. Yasser Khodair, assistant professor of civil engineering and construction, received the Caterpillar Inc. Faculty Achievement Award for Scholarship. Dr. Herbert Kasube, associate professor of mathematics, received the Francis C. Mergen Memorial Award for Public Service.
The Brookings Institution ranked Bradley 19th o n its list of colleges adding valuet o alumni earnings. The nonprofit public policy organization estimated how much a college directly contributed to alumni salaries by predicting their earnings based on the college’s institutional, student and locational characteristics, and comparing that to what alumni were actually making 10 years after graduating.
An Honors Program ‘First’ Drs. Kyle Dzapo and Timothy Conley led 24 Honors Program students on the program’s first Study Abroad trip to Vienna over Spring Break. The students, all enrolled in music appreciation or modern Austrian fiction classes, attended concert performances and visited sites connected with their studies, including the world-famous Staatsoper, Musikverein and Volksoper.
Visit bradley.edu/about/ recognition for more national rankings.
Stellar Alumni Todd Kennedy ’69 — owner, president and CEO of McClarin Plastics Inc. — received the Distinguished Alumnus Award on Founder’s Day last October. He also was inducted into Bradley’s Centurion Society, along with Richard Delawder ’64, owner and
Outstanding Faculty Five professors received Founder’s Day honors. Dr. Daniel Getz, associate professor and chair of philosophy and religious studies, won the Charles M. Putnam Award for Excellence in Teaching. Dr. Sherri Morris, professor
chairman of the board of SWD Inc.; Dr. Zahi Fayad ’89, professor of radiology and cardiology, vice chair of research for the radiology department and director of the Translational and Molecular Imaging Institute at Mount Sinai School of Medicine in New York; and Kelly Winkler Semrau ’82, senior vice president of Global Corporate Affairs, Communication and Sustainability at SC Johnson. The Centurion Society recognizes alumni who bring national and international recognition to Bradley. Leadership Summit The second biennial Bradley University Alumni Association Leadership Summit took place on campus June 11–13. Featuring distinguished keynote speakers who are Bradley alumni, the Summit offered a wealth of learning and networking opportunities. Speech Team Shines Jerome Gregory ’17 was named pentathlon champion at the National Forensics Association (NFA) national tournament at Ohio University. He was the national champion in rhetorical criticism, runner-up in persuasive speaking and third in after-dinner speaking. With Gregory’s title, Bradley’s speech team has won 156 individual championships and boasts the top speaker in the nation four of the past five years at NFA.
Online Graduate Programs Launched Bradley has launched an initiative to offer five online graduate programs in nursing and two in counseling. Online nursing offerings include two at the master’s level and two at the doctoral level in addition to a Family Nurse Practitioner certificate program. A master’s level program in counseling includes two different tracks to begin in 2016. To learn more, visit onlinedegrees. bradley.edu. Athletics Introduces Reynolds and Wardle In March, Dr. Chris Reynolds became the University’s 10th athletics director. The
Peoria native had been deputy director of athletics and recreation operations at Northwestern University. Later that month, Brian Wardle was named the school’s 14th head basketball coach. Wardle had been head coach at the University of Wisconsin-Green Bay for five years. New Americans Welcomed In April, federal Chief Judge James Shadid ’79 presided over the largest naturalization ceremony ever held in central Illinois. The on-campus swearing in of 597 American citizens from nearly 100 countries included a keynote speech from Bradley’s head baseball coach Elvis
Dominguez, who told of his emigration to the United States from Cuba as a child. Impressive Guests Among a number of notable campus speakers were Nancy Brinker, HON ’10, founder of the Komen Foundation and Race for the Cure, who gave the Turner School Distinguished Entrepreneur Lecture; Michelle Alexander, legal scholar and author of The New Jim Crow: Mass Incarceration in the Age of Colorblindness, who spoke as part of Black History Month; and legendary investigative reporter and All the President’s Men co-author Carl Bernstein, who delivered the spring Robison Lecture.
Financial Indicators Contribution Ratios . . . . . . . 2010 . . . . 2011 . . . . 2012 . . . . .2013 . . . . 2014 (percentage of current fund revenues)
Tuition and Fees . . . . . . . . . . . 61.9% . Contributions . . . . . . . . . . . . . .0.9% . Investment Return for Operations . . . . . . . . . . . . 6.4% . Auxiliary Income . . . . . . . . . . . 16.6% .
. . . . 62.5% . . . . .61.1% . . . . . 63.8% . . . . . 65.2% . . . . 1.2% . . . . . 2.1% . . . . . .1.0% . . . . . 0.5% . . . . 6.0% . . . . . 6.6% . . . . . .7.1% . . . . . 7.6% . . . . 16.4% . . . . .15.4% . . . . . 15.2% . . . . . 15.1%
Market Value of Investments ($000s) Endowment Funds . . . . . . . . . 202,044 . . . . 237,122 . . . .211,113 . . . . 236,536 . . . . 264,216 Annuities and Funds Held in Trust . . . . . . . . . . . . . 9,759 . . . . 10,230 . . . . . 9,098 . . . . . 8,180 . . . . . 8,431 Liquidity Indicators Cash and Cash Equivalents ($000s) . . . . . . . . .13,442 . . . . . . 412 . . . . . 1,049 . . . . . 3,068 . . . . . 2,711 Cash and Investments to Operations . . . . . . . . . . . 172.8% . . . . 173.2% . . . . 148.9% . . . . 157.6% . . . . 177.9% Debt to Equity . . . . . . . . . . . . 35.8% . . . . . 31.7% . . . . .32.8% . . . . . 29.8% . . . . . 29.2% Other Selected Data Full-time Equivalent Enrollment . . . 5,337 . . . . . 5,332 . . . . . 5,193 . . . . . 5,061 . . . . . 5,085 Total University Assets, Net ($000s) . . . . . . . . . . . . 353,202 . . . . 389,361 . . . .370,830 . . . . 399,155 . . . . 434,191 Total Gifts ($000s) . . . . . . . . . . 15,880 . . . . 13,841 . . . . 17,200 . . . . .12,783 . . . . . 8,073 Copies of the University’s audited 2013–14 annual financial report and additional information are available from the Office of the Vice President for Business Affairs, 1501 W. Bradley Avenue, Peoria, IL 61625.
46 YEARS ON THE HILLTOP “We truly are a Bradley family,” observed Barbara Kott Emanuel ’64 MA ’73, wife of Dr. Joe Emanuel, professor emeritus of industrial and manufacturing engineering and technology. “Our oldest [ Karen Emanuel Miller ’93] and youngest [ Roger Emanuel ’99] are Bradley alumni, as is my sister [Marlene Kott Calgi ’73]. Bradley is near and dear to our hearts.” After his stellar teaching career on the Hilltop from 1967–2013, “Dr. Joe” is frequently mentioned by engineering alumni reminiscing about dedicated professors who influenced their college years — and the careers they pursued. The couple was introduced during Joe’s second year of teaching when Barbara returned to Peoria from teaching fourth grade in Wiesbaden, Germany. Joe, one of four faculty members referred to as “the Bradley bachelors,” lived on Cooper Street near campus, while Barbara had moved in with friends nearby. “I met the bachelors, and Joe was their cook,” Barbara said with a laugh. “We fell in love, dated for two years and married in 1970.” A year later, they were living in East Peoria with their 2-monthold daughter, Karen. Soon, a 15-month opportunity arose for Joe with the American Society for Engineering Education’s Industrial Residency Program, so they relocated to Phoenix. Working for Motorola’s Semiconductor Products Division, the New Mexico native said he learned “the types of issues industry faces that are not necessarily in textbooks. I came back to Bradley a better teacher.” Barbara credits Joe with choosing their first house — within walking distance of campus — making Robertson Memorial Field House the center of countless family memories. Karen, Brian and Roger grew up on the Hilltop, riding bikes across campus and taking swimming lessons in Haussler Hall. When Joe retired in 2013, a $25,000 scholarship was established in his
name. Along with appreciative alumni, the couple contributes to it each year. “We may be in a position to award it in 2016,” Joe said. “It’s an honor to realize a deserving student will receive a scholarship in my name.” Joe values staying connected with former students and finds great satisfaction in their successes.
Still Teaching, Still Learning Together, the grandparents of five enjoy Bradley’s Osher Lifelong Learning Institute (OLLI). Barbara started taking classes when the program began as the Institute for Learning in Retirement, and today, OLLI boasts more than 1,000 members. She encouraged Joe to join upon retirement, and he took his involvement one step further. This fall, Joe will again teach an OLLI statistics class, a favorite subject he taught at Bradley for more than 40 years. “My first trip east of the Mississippi River was to travel to graduate school at Ohio State,” Joe reflected. “As I finished my Ph.D., people asked me, ‘Joe, what do you want to do?’ I said, ‘I don’t know. But I know for a fact there are two things I don’t want to do: One is live in the Midwest, and two is teach.’ After 46 years on Bradley’s faculty, I think there are times when our plans and God’s plans aren’t the same, and sooner or later, God is going to win.”
‘BEST FOUR YEARS OF MY LIFE’ Wayman Prince ’72 recalled the $1,300 annual tuition when he started on the Hilltop and the scholarship that paid for it. After playing basketball and running track his freshman year, the Rockford native gave up sports to focus on academics. “I wanted to earn my degree on time and with no setbacks,” the former resident adviser in University and Lovelace halls said. But it wasn’t all work, he added, remembering the friendships forged with roommates Bradley Centurion Bill Benman ’74 and the late Dr. Herb Joseph Jr. ’72, as they all went on to be residence hall advisers and achieved doctorates in either law or medicine. “I had the best four years of my life at Bradley,” he noted. “I cannot think of a better experience.” Although he started as a civil engineering major, he soon switched to accounting. “I was fascinated by business. I like numbers so that drew me to accounting.” A pair of business law classes and encouragement from the late Dr. James Fussell sparked an interest in law, and he proceeded to earn a juris doctorate at the University of Iowa. Prince started his own law firm in
Houston in 1986 after working as a lawyer for several insurance companies, such as Bankers Life and American General Life. He holds certifications in financial planning, including as a chartered financial consultant and a chartered life underwriter. “Nearly all of my practice is in the financial area,” he explained. “That’s where I wanted to concentrate.” After building his practice, he decided it was time to give back. “I felt bad I hadn’t done it,” Prince stated. “Without the degrees and mentoring, I would not be where I am now. You have to look at what you have achieved and who helped you get there.” After discussing the idea with his family, Prince made a commitment to the 1897 Association, a gift society established in 1992. He joins other alumni and friends who are recognized for including Bradley in their wills, estate plans or life income arrangements. “I believe the gift I’m making will be well-received and well-used,” Prince said. “At whatever stage you are in life, remember to give back. If you don’t, your alma mater won’t continue to prosper.”
MAKING YOUR GIFT COUNT “Bradley was the right place for me, and I can’t replace that experience,” remarked mathematics major Anne Becker ’06. Active with the student orientation program and the Bradley Fund, Becker built connections with students and alumni alike, noting there was “no better training.” Now in business development with Petroleum Field Services in Denver, Becker
noted that alumni can make gifts that fit their circumstances and target them to a specific area such as their academic departments. “It doesn’t have to be $1,000 or $10,000. The size of the gift isn’t as important as the number of alumni who give each year. That’s what affects the University’s rankings,” she added. “I divide my contribution among general scholarship and the student orientation program; it’s important for me to answer the call and give back.”
“When I came to Bradley, I was just an average kid with average dreams, but I knew what I wanted to do. Whatever it is you love and want to do, you just have to go out and do it.”
STEINER CALLS IT FOR BRADLEY will invite other media professionals to join him. His gift expands offerings for internships, creates symposiums and lectureships and enhances options for expedition courses and trips to major sports and media markets in the U.S. and abroad. A 2003 Bradley Centurion and member of the University’s Athletics Hall of Fame since 1995, Steiner received the Lydia Moss Bradley Award, which honors those who have given outstanding service to the University, in 1991. He endowed the annual Charles H. Steiner Scholarship for Bradley broadcasting majors in 2000 and was the featured speaker at the December 2010 Commencement. The speech and theater major sees The Steiner School’s purpose as incorporating many elements of the communications industry. “It’s not just teaching how to do playby-play. Journalism is involved; ethics is involved,” commented the former staff member of both campus radio station WCBU and The Scout. “If we send students down the path, and ethics and thoughtfulness are part of the deal, I’m all in.”
REFER A STUDENT TO BRADLEY As a graduate or friend of our great University, you are in the best position to discuss the extraordinary Bradley Experience with prospective students. To make a reservation for an Admissions
Office tour for a prospective student, visit bradley.edu/campusvisits. To refer a student online, visit bualum.org/ referastudent. Thank you for your support in bringing new Bradley Braves to campus.
Photo by Matt Demczyk
Of all the thrilling moments he’s reported on during his illustrious career, none left a more lasting impact on sportscaster Charley Steiner ’71 HON ’10 than his recent visit to the Caterpillar Global Communications Center to dedicate The Charley Steiner School of Sports Communication — the first named school of sports communication in the nation. “Bradley can become a driving force in ways we can’t even begin to project,” the Los Angeles Dodgers broadcaster said. “Being part of that process, from the place where it all began for me, brings an overwhelming sense of pride and joy.” The sports communication program in the Slane College of Communications and Fine Arts started in the fall of 2009 as a concentration and became a major in 2014. It now has 120 majors, and its students have interned for NBC at the Olympics in London and in Sochi, Russia, as well as at Super Bowl XLVI. Steiner, a four-time Emmy Awardwinning broadcaster who also called games for the New York Yankees and was a key figure at sports network ESPN, will spend a week each fall teaching on campus and
THINKING BACK, PAYING IT FORWARD increasing responsibility for 22 years while also serving in the U.S. Army Reserve. Now a senior budget analyst with the U.S. Army Corps of Engineers, she manages a billion-dollar construction budget for projects such as military hospitals and schools. Because of her struggle to pay for college, Neal has compassion for Bradley students trying to rise above difficult circumstances. That’s why she created a matching scholarship challenge through the Bradley University Black Alumni Alliance (BUBAA). Neal’s $10,000 gift served a dual purpose: to make college more affordable for scholarship recipients and to encourage fellow members of BUBAA to give, as well. When she learned that her $10,000 matching challenge had been met — and exceeded — Neal was pleased if not surprised. “I thought I’d left some good friends there,” she laughed. When told that another BUBAA $10,000 matching challenge had been created by longtime Chicago attorney Anne Fredd ’64, Neal said, “Let’s just keep this chain going. Let it never end.”
50 CONSECUTIVE YEARS OF GIVING When Jeanette Behrends ’59 MA ’71 reflects on what matters most, family and education top her list. Retired after teaching for 42 years in Glasford, Illinois, Behrends knows the value of small classes from both sides of the teacher’s desk. “Coming from a small high school with a graduating class of 36, Bradley felt large, but I was not swallowed up in the crowd,” Behrends said. “I grew to know the faculty and the other students in my college. I appreciated the size even more after graduation, and I’m glad I stayed in
a small school district as a teacher.” Bradley education professors became her colleagues when she joined the local chapter of Phi Delta Kappa, a professional organization for educators. Though the chapter dissolved a few years ago, she remains in touch with some members, including Dr. Celia Johnson, professor of teacher education. For 50 consecutive years, Behrends has contributed to her alma mater. She directs her gifts to the College of Education and Health Sciences because she values giving back to the area that launched her career: “I had great instructors whose classes helped me when I started teaching.”
Photo by Sonyia Leatrice, U.S. Army Corps of Engineers
Although her life didn’t work out as she planned, Lanetha White Neal ’87 wouldn’t have it any other way. Raised by a single mother who had high hopes and expectations for her, Neal showed an early aptitude for math and science. Her mother thought her daughter should consider entering the military to help pay for college. Accepted to the U.S. Military Academy at West Point, Neal didn’t like the thought of “so much structure.” Her mother worked for Caterpillar Inc. and had just been transferred from New Orleans to Peoria, Illinois. Neal researched colleges and thought Bradley would be a good fit. The oldest of four children, Neal paid her way through college. She tutored children through the Tri-County Urban League’s after-school program, worked in fast food restaurants and served as a resident adviser in Heitz Hall. After graduating with a major in political science and a minor in business, the Delta Sigma Theta member hoped to attend law school. Instead, she was hired by the Internal Revenue Service, where she worked in positions of
RLI GIFT SUPPORTS CONVERGENCE EFFORTS using a more collaborative, interdisciplinary mindset. The company started in the early 1960s as an insurer of contact lenses before branching out into other areas of commercial coverage. The convergence gift is considered a continuation of RLI’s partnership with Bradley, which includes scholarships for full-time undergraduate students through the James D. Steeves Memorial Scholarship. These are awarded to students studying risk management, actuarial science, accounting, finance, marketing or business administration. Scholarship recipients, along with other Bradley students, have the opportunity to serve in internships at the company. RLI believes its gift to the Convergence Center is an important investment for both Bradley and the Peoria-area community to continue attracting innovative thinkers. The kind of knowledge, training and skill set students will gain through the Convergence Center will be applicable to myriad industries and career paths, including insurance.
BOARD OF TRUSTEES Officers Mr. Douglas S. Stewart, MBA ’79, Chairman Regional President, PNC Bank Mr. Calvin G. Butler Jr. ’91 Vice Chairman CEO, Baltimore Gas and Electric Company Ms. Georgina E. Heard-Labonne ’74, Secretary Executive Director, Cosmopolitan Chamber of Commerce Trustees Mr. David P. Bozeman ’91 Senior Vice President, Caterpillar Inc. Mr. Gary A. Burk ’74 Retired COO/Vice Chairman, Duke Realty Corporation Mr. Robert J. Clark ’67 Chairman/CEO, 3Bear Energy, LLC Ms. Cheryl D. Corley ’76 Midwest Correspondent, National Public Radio
Mr. Michael N. Cullinan Chairman, United Contractors Midwest, Inc. Mr. Stephen E. Gorman, MBA ’78 CEO, Borden Dairy Company Ms. Kathleen M.B. Holst ’79 President, RCMS Inc. Mrs. Joan L. Janssen ’69 Community Volunteer The Honorable Robin L. Kelly ’78 MA ’82 HON ’14 U.S. House of Representatives Mr. Wayne G. Klasing ’64 Retired President/CEO, Klasing Industries, Inc. Stanley R. Liberty, Ph.D. Interim President, Bradley University Dr. Lindsey R. Rolston ’85 Orthopedic Surgeon, Henry County Memorial Hospital
The Honorable James E. Shadid ’79 Chief U.S. District Judge, Central District of Illinois Mr. Gerald L. Shaheen ’66 MBA ’68 Retired Group President, Caterpillar Inc. Mr. Mel Smith ’65 President, Investment Concepts, Inc. Mr. Rajesh K. Soin, MSIE ’71HON ’10 Chairman/CEO, Soin International, LLC Mr. W. Philip Wilmington ’79 Chairman, STC Capital Bancshares Corporation Honorary Trustee The Honorable Robert H. Michel ’48 HON ’81 Retired, U.S. House of Representatives Senior Advisor, Hogan Lovells US LLP
Photo courtesy RLI
Innovation helped RLI grow into a national specialty insurance leader listed on the New York Stock Exchange. A significant number of its 900 employees nationwide received undergraduate or graduate degrees from Bradley, and the company wants to ensure this creativity continues through the University’s planned Engineering and Business Convergence Center. To that end, the Peoria, Illinois-based specialty insurer has pledged a substantial gift over five years to Bradley’s efforts. It sees convergence as a benefit for the University and for business. RLI believes fostering and supporting innovation in its business, the insurance industry and the community is essential for addressing the complex challenges of the 21st century marketplace. Convergence will allow Bradley to perpetuate its legacy of educational leadership. In turn, the community and companies like RLI will benefit from having a strong base of talent uniquely prepared to tackle business challenges