2017-18 ANNUAL REPORT
Dear Concordia Family and Friends, Even as we look forward to welcoming new and returning students as Concordia begins its 128th year, I enjoy taking this moment to look back with you on the year recently ended, 2017-18. It was a memorable year of significant achievement by our students, faculty, and staff. Here we go: The Integrated Science Center opened on time for the first day of classes – the biggest capital project in Concordia’s history, and essential for the research-centered learning students pursue across the sciences, mathematics, and the applied disciplines of nursing and nutrition. The commitment our faculty have made to what we call integrative learning – applying the discoveries of the liberal arts to real problems in real time – was realized in inaugurating the new PEAK program, which requires every student, at least twice, to undertake an extended integrative-learning project. If you know the BREW theme for our common core curriculum – becoming responsibly engaged in the world – think of PEAK as BREW practiced at the most exciting, most demanding level. To sustain and support students as they build the lives they seek, we fully re-formed what had been called the division of Student Affairs. Now called Student Development and Campus Life, and led by full professor and developmental psychologist Dr. Lisa Sethre-Hofstad, the division brings together all the forms of support for students here – academic, social, health, vocational exploration and career preparation – breaking down old barriers between “academic” and “student” life. One central expression of that unity of purpose is the creation of the Center for Student Success, which will be housed by January of 2019 in a renovated Normandy, which many of you will remember from your student days. The students who come here to learn and to develop their character, career, and lives as citizens are coming from a wider and wider range of cultures. Skilled professional recruitment and the strong support of our governing Board of Regents has led us to one of the largest classes of international students in many years. What is called cohort recruitment – cultivating groups of students to enroll at Concordia together – reached a major milestone during 2017-18. We created the Community Access Scholarships for underserved students right here in Fargo-Moorhead, we contracted for a similar program in the Twin Cites called Act Six, and thanks to a grant from the National Science Foundation, we launched the FOCUS program to bring first-generation, low-income students into the STEM disciplines.
At the Concordia Language Villages, summer enrollments continued to be strong, and participation at the Villages in its new role as a national Language Training Center for the U.S. Department of Defense has grown as well. The Villages drew the attention of South Korean entrepreneur Kenny Park, who has pledged $5 million to build an architecturally authentic Sup sogui Hosu village to enhance the study of Korean language and culture. As Mr. Park’s wonderful gift reminds us, none of the good work that Concordia does in fulfillment of its mission would happen without the devotion and generosity of those who love it. I am glad then to report that gift income raised in 2017-18 totaled $14,010,484. And I am delighted to say that the RISE Campaign, which supports integrative, inclusive, and innovative learning at Concordia is now at 91 percent of its $150 million goal – with 16 months to go! Because of your giving, and because of wise stewardship by those in our Finance Office and on our Investment Committee, the Concordia endowment has not only reached its highest value ever, at $129 million, but continues to climb. Thank you! We begin this fall with a new round of planning for Concordia College. All of us who work here remember our great classics professor Olin Storvick, on the occasion of our 125th anniversary, calling on us to envision “the Concordia that is yet to be.” Constant in mission, creative in action, that is exactly what we – students, faculty, staff, governing board, graduates, and friends – will do. Soli Deo Gloria,
William J. Craft President, Concordia College
Table of Contents Message from President Craft . . . . . . . . . . . 1
Gifts to the College . . . . . . . . . . . . . . . . . . . . 14
Student Development and Campus Life. . 2
Endowment . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
Enrollment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
Revenues and Expenses. . . . . . . . . . . . . . . . . 17
Concordia College Highlights . . . . . . . . . . . 6
Jim Park Legacy. . . . . . . . . . . . . . . . . . . . . . . . 18
Concordia Language Villages. . . . . . . . . . . 10
Integrated Science Center Dedication. . . 19
RISE for Concordia. . . . . . . . . . . . . . . . . . . . 12
Board of Regents/President’s Cabinet. . . 20
Building from the Foundation: Becoming Student Development and Campus Life
Colleges often adapt to the changing world. What about the changing students? Concordia’s division of Student Development and Campus Life is working to adapt and shift with the current students and it’s a whole new thought process. Led by Dr. Lisa Sethre-Hofstad, who was named vice president for Student Development and Campus Life a year ago, the team is undergoing a whole new mindset when it comes to working with students. “This is a whole philosophical shift,” Sethre-Hofstad says. “As a psychology faculty member, I come at this from the developmental perspective. How do we help students develop? How do we help them learn?” Sethre-Hofstad knows the national rhetoric about college students is often not positive, which she says isn’t helpful because it promotes the mindset that students lack something or that they’re coddled. It would mean that this student-centric division of the college would be trying to change the students instead of teaching them and helping them develop. Heidi Rogers, the assistant director of retention and learning services, says the new division has set a tone to be a campus ready for all students and one that does not blame students for not being prepared for everything when they arrive at college. “Shifting our mindset to how we can better prepare them when they get here focuses our efforts on building on their skills and experiences rather than approaching them as having problems or not being enough,” Rogers says. “While we are a division filled with practitioners or ‘doers,’ we’ve spent significant time in research and theory to further develop ourselves to be ready for our students.” Student Development and Campus Life works with the student experiences outside the classroom such as student organizations, residence life, career assistance, counseling, campus safety and academic help. While it may be tempting to give students a menu of all their opportunities and assistance options and let them select their next step, Sethre-Hofstad says the division’s work really begins by creating a solid footing for students to make positive choices. “We are helping to build the foundation under them. We have to teach them some of these skills and then give them the opportunity to practice them,” Sethre-Hofstad says. 2
The Center for Student Success is the new Norm. Because of a generous gift from Jim and Marilyn Parke, the upper level of the Normandy is being renovated to house the Center for Student Success.
Some of the skills they are learning and practicing are how to live and thrive in a community – such as the residence halls, how to work through finding assistance with difficult coursework, career preparation, and leadership and mentorship needs. Accepting help is also a step in the process. “Part of being an adult is not doing it by yourself,” Sethre-Hofstad says. “It is asking for help and then in turn helping others.” That’s why Rogers says much of the work in the Student Development and Campus Life division is relational, and not just with students. It’s engaging faculty, other staff and areas throughout the division. “I think we are seeing so many more opportunities and allies for students around campus and it feels like faculty and staff are connecting more to talk about ways to empower students,” Rogers says. “This is exciting because that is only going to make the student experience richer at Concordia.”
Living together in community is an important part of developing as a student and Residence Life works with students to make it a good experience.
With strategic collaboration, the dividing lines between the Student Development and Campus Life division and the academic arm of the college are beginning to blur and Sethre-Hofstad and Vice President for Academic Affairs Eric Eliason view that as positive change. “Concordia is a 24/7 learning environment, and we leverage that best when we find ways to make sure that the clarity of an organizational chart doesn’t become an obstacle for creative collaboration and shared ventures,” Eliason says. “The college is committing more and more to education that overflows the classroom and that means new opportunities for professionals in both divisions to bring overlapping and complementary expertises together for the benefit of our students’ learning.” Sethre-Hofstad says for most institutions this new more collaborative philosophy for students is just emerging in higher education. And staff members, including director of Residence Life Mikal Kenfield, say having this shared philosophy is invigorating. “I’m seeing the potential for our newly formatted division to get students where they need to be sooner,” Kenfield says.
Orientation Clubs give students a group to be a part of starting their first day on campus. They do service-learning and experience the beginning of college life together.
Having engaged, dynamic students, Sethre-Hofstad says, will lead to an even better Concordia. “The more coordinated and coherent their experience is, the greater their success. 3
2017-18 Enrollment Update As we welcomed students to campus in the fall, we recognized the important role of alumni, parents, and friends of the college in promoting Concordia to qualified prospective students.
FALL FIRST-YEAR CLASS The 2017-18 fall class of 568 first-year students was 4 percent larger than the year before and 9 percent higher than fall 2015. Of the 17 schools in the Minnesota Private College Council, Concordia’s first-year class ranked the fifth largest. Only St. Thomas, St. Olaf, Bethel and Gustavus Adolphus had larger classes of first-year students.
TOP10HIGHSCHOOLS SENDING THE MOST FIRST-YEAR STUDENTS: - Moorhead
- Sheyenne, West Fargo
- Davies, Fargo
- Fargo South
- Fargo North
- Fergus Falls
- Dilworth-Glyndon-Felton
- Brainerd
- Alexandria
- Staples-Motley
Most popular academic programs: biology, business, education, nursing, chemistry, psychology, music and neuroscience.
More than 50 percent expressed an intention to participate in one of Concordia’s music and fine arts programs.
Involvement in co-curricular activities continues to be a strong reason students choose to enroll at Concordia.
More than 40% reported an intention to play Division III athletics.
Did you know >> The Wall Street Journal recently ranked Concordia eighth for campus engagement.
4
Transfer Students
New Scholarships
Last fall, 44 transfer students arrived on campus (compared to 50 new transfers the prior year). The largest sources of new transfer students were North Dakota State University, Minnesota State Community and Technical College (M State), Minnesota State University Moorhead, Ridgewater College (Willmar, Minn.) and North Dakota State College of Science (Wahpeton, N.D.).
The BREW (Becoming Responsibly Engaged in the World) scholarship recognizes students demonstrating leadership in their schools, churches, and local communities. These scholarships range in value from $1,000 to $4,000 annually.
International Students
College Access and Diversity scholarships will be awarded to students who have participated in some form of college access program (AVID, Upward Bound, College Possible, etc.) and bring diversity of culture and perspective to the class of new first-year students. These scholarships range in value from $1,000 to $4,000 annually.
A total of 29 new international students (24 first-year students and five transfers) enrolled at Concordia. These students provide a rich diversity of culture, faith and worldview to the overall learning environment at the college. The top-sending countries include Nepal, China, Vietnam and Zimbabwe.
Fall 2017 Enrollment A total of 2,059 undergraduate and graduate students were enrolled for fall 2017 (compared to 2,132 total students in fall 2016). The decrease was, in part, a product of larger graduating classes in the past three years compared to the size of new classes starting each fall.
Fall 2018 Admission Campaign
The enrollment targets for 2018-19 include a freshman class of 575 and a new transfer class of 50 students.
19 U.S. STATES
16 COUNTRIES
STEM scholarships provide funding to students interested in pursuing study in science, technology, engineering and math. The STEM scholarship is valued at $6,000 annually.
Cobber Countdown In the spring, 222 admitted students attended Cobber Countdown. These special visit programs are designed for admitted students to experience life at Concordia, including an overnight stay, before making a final college decision. Information sessions are available on academic programs, student life activities, residential life and financial aid. Parents and family supporters are invited to attend and participate in specially designed information sessions.
69% from MINNESOTA
18% from
NORTH DAKOTA 5
Concordia College Highlights Concordia Welcomes Chief Diversity Officer Dr. Edward Antonio, who started at the college in August 2017, acknowledges the difficulty of taking a diversity position at a predominantly white college but appreciates the college’s straightforward acknowledgement of its demographics. There are many reasons to diversify a college. The main reason is the creativity, innovation and various thought processes a more diverse population can bring. A secondary reason is demographics. Antonio says that by 2040 the projected population of the United States will have shifted, and people of color and minorities will be the majority. “As we look long term, we need to be bold and take thoughtful and informed risk as we think of diversity,” Antonio says. While working on how to make it happen, Antonio is clear on the end goal. It’s not just numbers. It’s an entire culture shift. “We want to transform Concordia to become a college that is renowned and celebrated for how it educates students to become responsibly engaged citizens, by fostering diversity and radical respect for the dignity, freedom and equality of all human beings,” Antonio says.
Concordia Awarded Andrew W. Mellon Foundation Grants Concordia College has been awarded a $1 million grant from The Andrew W. Mellon Foundation in honor of former Mellon Foundation president and Concordia College alumnus Dr. Earl Lewis ’78. The grant will be used for college projects that reflect Lewis’ leadership initiatives. Lewis has been a member of the Board of Regents, the college’s governing board, and has previously helped fund diversity scholarships along with alumna Fay Ferguson ’73. The grant will be used for endowment and operating funds to support faculty development, scholarships for students from underrepresented backgrounds, program planning for the Office of Diversity, and support for the college’s partnership with the National Book Foundation. “We are pleased to have this new funding to extend initiatives already begun by the college and are grateful for Dr. Lewis’ dedication to Concordia and to the Mellon Foundation,” said Dr. Eric Eliason, dean of the college and vice president for academic affairs. Concordia was also awarded $800,000 from The Andrew W. Mellon Foundation in a four-year grant that will be used to support initiatives in the arts and humanities that contribute to the college’s strategic objectives for diversity, community engagement, and transformational learning beyond the classroom. Key projects supported by the grant include the establishment of a Center for Community Engagement that will facilitate the relationships and the administrative arrangements between the college and its community partners in education. “A new center for community engagement will offer needed support for both Concordia and its partners in the region
6
to create and benefit from work together,” Eliason said. “We look forward to the opportunity to use these stronger relationships to invite more of the community to see, to understand, and to support the important role the arts and humanities play in enriching the lives of individuals and communities.”
Concordia Christmas Concert Earns Emmy The production of the 2016 Christmas Concert, “Christmas at Concordia: Gather Us In, O Child of Peace,” has earned a regional Emmy. The National Academy of Television Arts and Sciences held the Upper Midwest Regional Emmy Gala on Oct. 7, 2017, where the award was announced. Produced by Twin Cities Public Television, the award was given in the category of special event coverage and featured the 2016 Concordia Christmas Concert. “It is a tremendous experience to collaborate with such committed artists to create this Christmas experience each year,” said Dr. René Clausen, artistic director of the concert. “To have our work recognized with this award is gratifying.” The Concordia Christmas Concert celebrated its 91st year in 2017.
John Lewis Rep. John Lewis, a Georgia congressman and civil rights activist, Andrew Aydin, digital director and policy advisor to Lewis, and graphic novelist Nate Powell visited campus to present on Concordia’s Summer Book Read: “March: Book Three,” a best-selling graphic novel on the civil rights movement. “This book is for all of America,” Lewis said. “It is for all people, but especially young people, to understand the essence of the civil rights movement, to walk through the pages of history to learn about the philosophy and discipline of nonviolence, to be inspired to stand up to speak out, and to find a way to get in the way when you see something that is not right, not fair, not just.” The Concordia community, along with 250 high school students from the area, listened as Lewis told stories from his life that illustrated the struggles that many African Americans and their supporters endured for civil rights in the 1960s. 7
Fulbright Selects Senior for Colombia Moorhead native Rachel Schaefer ’18 was awarded an English Teaching Assistantship through the Fulbright U.S. Student Program and will be working at the Universidad Nacional de Colombia, Manizales. Schaefer will also be volunteering in addition to her teaching position. A Spanish and education double major, Schaefer studied in Spain for a semester and hopes it helped prepare her for living and working in a Spanish-speaking country. She also taught at a diverse, academically challenging school in Norway and feels her experience there helped prepare her for teaching English to university students. Before her teaching assistantship begins, Schaefer is traveling to Tanzania with the Concordia Language Villages and the Singita Grumeti Fund to teach English to young students in northern Tanzania. “My goal is to end up working as an education advocate for those who do not have easy access to education, potentially as a part of the United Nations,” Schaefer said.
Athletics Highlights Korean Village in the Making The Korean Language Village celebrated its 20th year with drums, dance and dreams of a Village site with authentic Korean architecture becoming a reality. Christine Schulze, executive director of Concordia Language Villages, announced Sup sogui Hosu will soon have its own culturally authentic site at the Concordia Language Villages location on Turtle River Lake. The Korean Language Village founding dean, Dr. Ross King, and current dean, Dr. Dafna Zur, spoke about the rich history of the program with an eye to the future. Both expressed their gratitude to philanthropists Kenny and Simone Park, who along with Simone Corporation, pledged a $5 million gift to build a site for the Korean Language Village. The design phase for the new Korean site has begun and construction is anticipated to start in spring 2019.
8
Concordia had 47 individuals earn MIAC All-Conference or All-Conference Honorable Mention honors in the 2017-18 year. Two Concordia student-athletes were named the MIAC MVP in their respective sports: Chad Johnson ’18, football, and Zach Doerring ’18, men’s hockey. Bailey Hovland ’18 earned the MIAC Most Outstanding Field Athlete award.
100 Years of Football Concordia marked 100 years of football with a season-long celebration of special events, recognition and giveaways at home games in 2017. “I am honored to be a small part of the incredible football tradition at the college,” said head coach Terry Horan. “It’s amazing to think of all the great players and coaches who have put on the uniform to represent Concordia. It was a special year for the entire program.” Concordia started football in 1916 but did not field a team in 1918 or 1919 due to lack of interest. The Cobbers then continued the program in 1920 and have played in every year since then.
Concordia Becomes Home to the Minnesota All-State Lutheran Choir High school students in the Minnesota All-State Lutheran Choir (MASLC) made Concordia their home for a week in June as they prepared for eight performances across Minnesota. During their time on campus, they rehearsed and discussed faith and the religious backgrounds of the music they will be performing. Students in 10th-12th grade from Minnesota, North Dakota, and Mississippi gathered each morning for Sung Morning Prayer in the Centrum followed by sectional community time and rehearsals. Dr. Michael Culloton, artistic director and conductor, saw the unique opportunities presented by the choir experience emphasizing the opportunity for young students to share a dialogue with one another. “We can openly discuss issues of faith and spirituality and do that in the context of the musical background,” Culloton said. The choir began its eight-day tour of Minnesota at Trinity Lutheran Church in Moorhead on June 16.
Concordia has captured the league crown 18 different times in the program’s history. The Cobbers have appeared in the NCAA playoffs on six different occasions, most recently in back-to-back seasons in 2004-05. The Cobbers have also claimed three NAIA National Championships (1964, 1978 and 1981) in the storied tradition of the program. The Cobbers have only had nine coaches in the first 100 years of the program, including A.M. Sattre, Rudolf Lavik, Fenwick Watkins, Frank Cleve, and Louis Benson. Joseph Rognstad coached the team from 1920 until the arrival of legendary Hall of Fame coach Jake Christiansen in 1941. Christiansen was at Concordia for 28 years and was followed by Hall of Fame coach Jim Christopherson who stayed 32 years. Current head coach Terry Horan is in his 17th year as head coach of the Cobbers. Horan joins Christiansen and Christopherson as the only coaches in Cobber football history to win 100 games.
Taste Not Waste Concordia’s dining plate waste in Anderson Commons is down 38 percent toward a goal of 50 percent by 2020. President William Craft challenged the campus in 2016 to 50 percent plate waste reduction by 2020. The Taste Not Waste program is taking up the challenge, led by Dr. Joan Kopperud, professor of English, and Dr. Meredith Wagner, assistant professor of nutrition and dietetics. The Taste Not Waste campaign attributes this success to the participating individuals and groups on campus. “The goal is to change the culture on campus surrounding food waste and it is exciting to see the degree to which the campus community has stepped up to the challenge,” Wagner said. With two years left to reach the goal, the campus community continues to rally behind the Taste Not Waste campaign in an effort to reduce plate waste in Anderson Commons. 9
Concordia Language Villages Highlights
Through a year-long process to re-examine its educational relevancy in today’s rapidly changing world, the mission of Concordia Language Villages was changed to Inspiring Courageous Global Citizens.
Summer youth enrollment continued on an increasing trend, with 4,570 villagers from all 50 states and 30 countries in attendance. 10
In partnership with the Singita Grumeti Fund, Concordia Language Villages developed immersion camps aimed at enhancing English skills among primary school children in Tanzanian communities north of the Serengeti.
The weekly WorldView Blog was launched as a thought leadership space and hosted authors from within Concordia Language Villages, along with professionals around the world.
The Concordia Language Training Center, a Department of Defense initiative, continued to thrive in its second year with the number of training weeks and revenue tripling since 2016. Additionally, Persian-Farsi was added to accompany Arabic, Chinese, French, Korean, Portuguese, Russian and Spanish.
Professional development webinars provided learning opportunities for staff around the world. Topics included “Leading Effective Simulations,” “International Staff Recruitment” and more.
Three family cabins were built at Waldsee, the German Language Village, to accommodate the growing interest in family language learning.
11
RISE for Concordia
This year’s Homecoming Banquet not only left alumni with warm feelings of Cobber pride and nostalgia, but with a challenge. A call to RISE. Amid a crowd of more than 450 alumni attending with their reunion classes, family and friends, campaign co-chairs Rachel Hollstadt ’70 and James Senske ’75 announced the launch of the most aggressive fundraising campaign in the college’s history. Seeking to raise $150 million by Dec. 31, 2019, the campaign is named “RISE,” signifying the intention to elevate the college and its mission through additional funding. “It is such an honor to work with the loyal alumni and friend donors who support Concordia. We have great confidence that we will RISE together to raise at least $150 million for Concordia’s present and future learning initiatives,” said Teresa Harland, vice president for Advancement. “The dollars raised for the RISE campaign will position Concordia to thrive as a liberal arts institution well into the 21st century.”
12 12
31
RESPONSIBLY ENGAGED IN THE WORLD THE COMPREHENSIVE CAMPAIGN SUPPORTS THE COLLEGE IN MISSION TO CHAMPION:
NTEGRATIVE L E A R N I N G so Concordia students can apply their classroom discoveries to the unscripted challenges of work and citizenship.
NCLUSIVE L E A R N I N G so Concordia students can flourish in the abundant diversity of people and cultures that we are called to serve.
NNOVATIVE L E A R N I N G so students of every age and stage of life can grow through the virtue and value of a Concordia education. These funding priorities include raising resources for scholarships, programs, facilities and endowment.
13
RISE by the Numbers As of April 30, 2018 the RISE Campaign was 91 percent of the way to its goal of $150,000,000 with gifts and committments totaling $136,546,000. All funds raised will support the three campaign pillars of Integrative Learning, Inclusive Learning and Innovative Learning. To learn more about the RISE Campaign visit
RiseForConcordia.com RISE Campaign Funds by Type Capital $44,506,930
Endowment $42,439,340
31%
33%
36% Programs/Operations $49,599,730
RISE Campaign Current vs. Deferred Giving Deferred Commitments $34,224,874
25% 75%
Gifts and Pledges $102,321,126
14
Gifts to the College Fiscal year 2017-18 exceeded goal with gifts totaling $14,010,484. Alumni, parents, villagers and friends supported the Integrated Science Center, Offutt School of Business, Cobber Athletics 500-for-500, three new family cabins at Waldsee, the German Language Village, and the college’s endowment. The Concordia and Village Annual Funds, with the help of more than 7,300 donors, raised more than $3 million for student and villager scholarships and other operational needs. The Legacy Scholarship Society secured 68 scholarships, providing $340,000 in individual scholarship awards of $5,000. Founders Society, Concordia College’s recognition program for individuals who have thoughtfully and generously included Concordia College and/or Concordia Language Villages in their estate plans, welcomed 35 new members into the society in 2017-18.
25000000 20000000 15000000
$11,967,340
$11,750,693
$14,077,009
$19,969,983
$14,846,419
$21,267,660
$14,010,484
0
$19,814,401
5000000
$10,786,157
10000000
2010
2011*
2012
2013
2014
2015
2016
2017
2018
Total Gift Incomes for Concordia College and Concordia Language Villages * launch of Offutt School of Business
Corporations and Government 19% Endowment $4,115,603
Deferred Gifts at Face Value $312,481
Friends 11.5% Capital $3,143,355
Foundations and Fundraising Consortia 24.2%
Parents 4.7%
ELCA and Church Organizations 0.2%
Unrestricted Bequests $118,913
The Concordia and Village Annual Funds $3,016,085 Restricted $3,304,047
Alumni 40.4%
Gifts by Source
Gifts by Type Total Giving for Concordia and Language Villages: $14,010,484
15
150000000
Endowment Market value over time
$128,984,714
130,000,000
120000000
Revenues & Expenses
120,000,000
110,000,000
100,000,000
2014
2015
2016
2017
2018
90000000
Concordia’s endowment was at an all-time high of $128,984,714 as of April 30, 2018, highlighting the college’s long-standing tradition of strong fiscal management and performance. Eleven new endowment funds were established in 2018, bringing the total endowed funds to 649. Student scholarships, which receive 45 percent of funds spent from the endowment, continue to be the most significant funding priority. Special programs, such as professional faculty development, the Dovre Center for Faith and Learning, cultural events, and academic lectures receive about 24 percent of the endowment funds. The remaining 31 percent of endowment funds were used to support current operations, including endowed chairs, student research, and the college’s diversity initiatives.
16
Operating revenue matched operating expenditures this year, reflecting careful attention to the financial health of the college. Tuition and fees provide the largest percentage of revenue, followed by our Auxiliary Enterprises (including Residence Life, Dining Services, Cobber Bookstore and Cobber Kids) and Independent Operations (including Concordia Language Villages). The college is grateful for the continued support from individuals and businesses that provided more than 5 percent of the operating revenue for the year. As the college looks forward, it will make a substantial commitment to enhancing student development, furthering diversity initiatives and identifying new avenues for growth while remaining committed to scholarships and financial aid for students.
Other Sources $4,271,171 Independent Operations $10,743,773
Auxiliary Enterprises $14,627,481
Private Gifts and Grants $5,682,720 Tuition and Fees $76,053,836
Endowment Income $5,940,209 Government Grants $1,936,294
Revenues TOTAL: $119,255,484
Expenses TOTAL: $119,255,484 Debt, Capital and Reserve $5,025,459
Instruction $21,065,588 Research/Public Service $421,416 Academic Support $4,802,494
Scholarships and Grants $39,186,530
Student Services $9,336,495
Institutional Support $11,671,076
*Additional expenses for Auxiliary Enterprises and Independent Operations such as amounts for debt service are included in the Debt, Capital and Reserve line.
Independent Operations* $11,587,795
Auxiliary Enterprises* $10,504,492
Operation and Maintenance of Plant $5,654,139
17
Jim Parke’s Concordia Legacy Born in Glasgow, Mont., Jim Parke came to Concordia and studied history, political science and economics. He served as student body president and graduated in 1968 before building a successful career in finance at General Electric, serving as CFO of GE Capital businesses. Regarded as one of the nation’s top chief financial officers, he retired from GE in 2005 after 37 years of service. In addition to his life in business, through his time, talent and treasure, Jim left his mark on his alma mater. Jim served as the inaugural Global Leadership Council chair and was a member of the Board of Regents. He received the Alumni Achievement Award, the college’s highest honor, in 1996 and most recently was bestowed an honorary doctorate and delivered the commencement address in 2017. To learn more about what his servant-leadership meant to the institution and those who knew him well, please visit ConcordiaCollege.edu/Parke.
Jim and Marilyn Parke’s philanthropy is a testament to their devotion and support of the mission of the college. Three transformational gifts that significantly advanced student learning and engagement at Concordia have become the cornerstone of the Parke legacy.
The Parke Student Leadership Center
The Parke Technology Center and the Innovation Lab
Center for Student Success
KNUTSON CAMPUS CENTER
GRANT CENTER
A place for student engagement and student leadership on campus
Provides state-of-the-art technology, software and equipment for teaching finance, computer science and mathematics
Completed in the 2018-19 year, the Center will provide services for all students at Concordia, from orientation through graduation.
(NORMANDY UNDER RENOVATION)
Though Jim passed away in February, his memory and legacy will live on at Concordia to impact future generations of Cobbers. 18
ISC Thanks and Dedication Classes in the new Integrated Science Center (ISC) began on the first day of class last August, and the students are taking advantage of the bright light, new study spots and collaborative learning spaces. The ISC was dedicated in October with a ceremony to mark this milestone in Concordia history. The community came together to honor those who made this long-held dream a reality. Biology major David Supinski ’19 said it best: “On behalf of my fellow students, we do not take your generosity for granted.�
19
Current Board of Regents CHAIR: Dr. Earl Lewis ’78, Ann Arbor, Mich. Director, University of Michigan Center for Social Solutions Rev. Lowell G. Almen ’63, Elgin, Ill. Retired Secretary, ELCA Dr. Julie A. Blehm ’74, Fargo, N.D. Senior Medical Director, Blue Cross Blue Shield of North Dakota Rev. Terry A. Brandt, Valley City, N.D. Bishop, Eastern North Dakota Synod of ELCA
Tammy L. Lee ’93, Minneapolis, Minn. President and CEO, Recombinetics Dr. Roland D. Martinson ’64, New Brighton, Minn. Retired Academic Dean and Professor Emeritus, Luther Seminary Rosa M. Miller, Minneapolis, Minn. Retired VP, Latin American Division, 3M
Troy J. Butner ’90, Hingham, Mass. Partner, Ernst & Young
Rev. Jennifer Nagel ’94, Minneapolis, Minn. Lead Pastor, University Lutheran Church of Hope
Jean E. Bye ’79, Mankato, Minn. President and CEO, Dotson Iron Casting
Connie Nicholas, Fargo, N.D. Part Owner-Operator, Nicholas Farms
Victor A. Everson ’73, Minnetrista, Minn. President, CLA LLC
Ronald D. Offutt ’64, Fargo, N.D. Founder and Chairman Emeritus of the Board, R.D. Offutt Company and RDO Equipment Company
Karen L. Grandstrand ’77, Orono, Minn. Chair of Bank & Finance Group, Fredrikson & Byron, P.A. Dr. David M. Gring, Moneta, Va. President Emeritus, Roanoke College and Senior VP, Myers McRae Executive Search and Consulting Corey L. Haaland ’86, Edina, Minn. Senior VP and Treasurer, Target Corporation Dr. Kathryn C. Hasbargen ’95, Fargo, N.D. Microsoft Dynamics 365 Fans and Readiness Team Lead, Microsoft Rev. Gary R. Henderson ’79, Nashville, Tenn. Chief Relationship Officer, Global Partnerships, United Methodist Communications Rachel C. Hollstadt ’70, Edina, Minn. Founder and retired CEO, Hollstadt & Associates, Inc. Theodore J. Horan* ’96, Moorhead, Minn. Director of Marketing, RDO Equipment Co. David J. Horazdovsky ’78, Sioux Falls, S.D. President and CEO, The Evangelical Lutheran Good Samaritan Society 20
Keith A. Johanneson, Bemidji, Minn. President and CEO, Johanneson Companies
Rev. Mary Pechauer, Minneapolis, Minn. Co-lead Pastor, Bethlehem Lutheran Church Twin Cities Mary S. Ranum ’78, Circle Pines, Minn. Chair, Board of Directors, Fredrikson & Byron, P.A. James E. Senske ’75, Eden Prairie, Minn. Chair and CEO, Commerce Bank, and President, Commerce Label, Inc. Dr. Richard L. Torgerson ’64, Edina, Minn. President Emeritus, Luther College, and Senior Consultant, AGB Search Dr. Mark N. Wilhelm**, Chicago, Ill. Executive Director, Network of ELCA Colleges and Universities, ELCA-Domestic Mission John E. Ydstie ’74, Chevy Chase, Md. Correspondent/Host, National Public Radio *Advisory member, President of the National Alumni Board of Directors **Advisory member, churchwide representative
President’s Cabinet Dr. Edward P. Antonio Chief Diversity Officer, Office of Diversity Linda J. Brown ’73 Vice President for Finance/Treasurer Dr. William J. Craft President Dr. Eric J. Eliason Dean of the College and Vice President for Academic Affairs Teresa L. Harland Vice President for Advancement Tracey A. Moorhead Chief of Staff Dr. Lisa Sethre-Hofstad ’91 Vice President for Student Development and Campus Life; Professor, Psychology Dr. Karl A. Stumo ’92 Vice President for Enrollment and Marketing
21
922357/TBD/0918
Office of Advancement 901 8th St. S., Moorhead, MN 56562