2017-2018
ANNUAL REPORT
OUR GOALS
PROMOTING LEARNING BY ENGAGEMENT ADVANCING ORGANIZATIONAL HEALTH CREATING PUBLIC IMPACT
FROM THE
PRESIDENT The close of Fiscal Year 20172018 marks the completion of the initial year of the 2017-2021 Strategic Plan. The year was filled with careful planning and execution, incredible hard work and collaboration, and student and employee achievements deserving of accolades and our thanks. This Annual Report is being shared at a time of much excitement across the campuses as we recognize the fruits of our labor and set forth goals for the coming year. Our strategic goals were renewed this past year as we began progress on the 2017-2021 Continuing the Momentum Plan and implementation of Promoting Learning by Engagement, Advancing Organizational Health and Creating Public Impact. Guided by these goals, our Mission and Catholic Identity, the University focused on the experiences of the students we serve, the employees who support our students, and the communities we share with our neighbors. The Gannon community was brought together to promote learning by engagement, contributing their talent to create and deliver enhanced educational experiences to transform the lives of our students. This
was accomplished through engagement across our campuses and within our neighboring and global communities by way of new and enhanced academic program offerings, expanded travel and service opportunities, and intentional small-group and customized campus and community events and activities. Advancing organizational health started with a keen focus on student enrollment, rallying the University’s most valued resource– our employees– in a collaborative effort. Employees were empowered to assess and improve the Gannon experience for students in support of enrollment and retention goals. One result was a new class of 762 first-year students, our largest in 35 years and a 20-percent increase from the previous year. Initiatives were also implemented to support employees and the institution, including wellness rewards programs, an enhanced employee review system, and vigilant optimization to advance the organizational and financial strength of the University. Parallel with focusing on the University’s vitality is a commitment to creating public impact within the communities we live, work, learn and serve. 2017-2018 GANNON UNIVERSITY ANNUAL REPORT
Gannon students, employees and alumni were fully immersed in the call to service, transformation and leadership development by engaging with organizations like Our West Bayfront, which is dedicated to urban revitalization and creating safe, healthy environments, as well as volunteering at the St. Joseph House of Faith in Action, which is located directly within our local community. The strategies and goals of this plan seamlessly continue our momentum in living our Mission and achieving our institutional purpose of transforming lives and inspiring transformation. Reading this Annual Report, we can reflect on the early successes of our plans and the resiliency of our Gannon community in adapting to environmental challenges facing U.S. higher education, serving our growing communities and acting on the call to provide quality education while transforming the lives of our students and ourselves in the process. God bless our world and congratulations on making this a successful year.
3
A
B
C
PROMOTING LEARNING BY ENGAGEMENT
GOAL ONE
THE UNIVERSITY’S MISSION, WITH ITS COMMITMENT TO THE CATHOLIC INTELLECTUAL TRADITION, IS THE DRIVING FORCE BEHIND THE GANNON STUDENT EXPERIENCE, IN THAT TRUE EDUCATION IS NOT SEPARATE FROM CHARACTER FORMATION AND THE CULTIVATION OF VIRTUE. THE UNIVERSITY IS DEDICATED TO DESIGNING DYNAMIC ENVIRONMENTS AND ENGAGING LEARNING EXPERIENCES THAT INTENTIONALLY ALIGN TO PREPARE STUDENTS FOR PERSONAL AND PROFESSIONAL LIFE AFTER GRADUATION. Gannon was awarded a prestigious five-year grant of more than $1.16 million from the U.S. Department of Education through the Ronald E. McNair Postbaccalaureate Achievement Program. This federal TRIO program aims to prepare firstgeneration, low-income and traditionally underrepresented undergraduate students for doctoral studies through involvement in research and scholarship. Students are paired with a first-generation faculty mentor to complete 4
an eight-week summer research internship, and receive GRE prep and early education on applying for and matriculating to doctoral level graduate studies.
1 OF 2
UNIVERSITIES IN PA TO RECEIVE
MCNAIR SCHOLARSHIP GRANT
test
History was made when Gannon announced its 22nd scholarship-granting NCAA DII sport in April, Women’s Wrestling. Gannon became the first college in Pennsylvania with the program, which will begin in Fall 2018. A Gannon student-athletes continue to lead the way in and out of the classroom. The University produced a schoolrecord 252 scholar-athletes of its 520 NCAA-affiliated student-athletes. Gannon ranked No. 1 in the PSAC for
LEARNING BY ENGAGEMENT | ADVANCING ORGANIZATIONAL HEALTH | CREATING PUBLIC IMPACT
highest percentage of studentathletes named scholar-athletes, as well as posted the best institution grade point average (3.419). Nineteen of Gannon’s 21 programs qualified for the postseason, with 11 continuing to the national postseason. The University recorded its best PSAC Dixon Trophy finish ever, placing 7th overall.
252 SCHOLAR
ATHLETES
test
GANNON UNIVERSITY RECORD
Gannon’s Fraternity and Sorority Community has enhanced intentional efforts and programming to meet the changing needs of new and current members and create a positive, transformational experience. The Gannon Panhellenic Community welcomed 75 new members, while the Gannon Interfraternity Council welcomed 51 new members to the community. Gannon’s Fraternity and Sorority Community is comprised of 478 total
students, engaging in service and philanthropy, community and chapter events, as well as professional and leadership development training, programs and conferences. C
In Fall 2018, Gannon’s 376 global students represented 54 international countries from across the world, such as Saudi Arabia, Nepal, China, Australia and Spain.
Gannon’s Possibilities Abroad programs substantially contribute to student and employee development, engagement and intercultural competence. Gannon’s Office of Learning Abroad welcomed 25 incoming exchange students to campus, hailing from Germany, Ireland, Jordan, Australia and China. The Gannon: Inspired Faculty-led Travel (GIFT) program integrated 15 domestic and global trips into 14 courses, engaging 153 students and 27 employees. While 36 ABST accompaniers and 20 T.R.A.V.E.L. facilitators participated in 26 domestic and global trips with 221 students. B
The University’s annual Celebrate Gannon event engaged 370 undergraduate and graduate student participants and 176 faculty and staff advisors and judges in a day of scholarly and creative research and professional presentations in their given fields. Significantly expanded in size, the event was a culmination of a year’s worth of students’ hard work and achievements showcased to local prospective employers, scholarship donors, judges and classmates.
489 STUDENTS
& EMPLOYEES
PARTICIPATED IN GANNON’S POSSIBILITES ABROAD PROGRAMS
test
Intentional formation of small campus communities is transforming the student experience. Over 600 students participated in the revised Orientation, while a pilot program for First-Year Teams engaged 2/3 of new students. Students built meaningful connections and became part of a community through these vital transition programs, while leadership, wellness and residence life programs encouraged continued smallgroup engagement to positively impact student retention.
STRATEGIC PLAN MEASURES: GOAL ONE Initiative
Success Measure
Professional and Vocational Aspirations of Students
Unduplicated Count of Students Traveling Internationally
331
Retention Rate
83%
Participation in Service Learning
98%1
Personal Development of Students
Year 1 Result
1
Estimate as of 9/18/18
2017-2018 GANNON UNIVERSITY ANNUAL REPORT
5
A
B
GOAL TWO
C
ADVANCING ORGANIZATIONAL HEALTH
OUR EMPLOYEES ARE OUR GREATEST AND MOST VALUED INSTITUTIONAL RESOURCE. GANNON UNIVERSITY EMPLOYEES WILL BE EMPOWERED TO EXAMINE INDIVIDUAL AND INSTITUTIONAL PRACTICES, INCLUDING DEVELOPMENT AND USE OF HUMAN, FINANCIAL, PHYSICAL PLANT AND TECHNOLOGY RESOURCES TO IMPROVE THE QUALITY OF THE EXPERIENCE FOR STUDENTS, EMPLOYEES AND ALUMNI, AND FOR THE HEALTH OF THE UNIVERSITY. Gannon University welcomed 703 new students; and W.I.G. 762 freshman, its largest 1,081: Enroll and retain 1,081 incoming class in 35 years, full-time graduate students. A among 4,291 total students in Fall 2018. This increase from 4,1491 total students in Fall 2017 followed a Universitywide concerted effort to achieve enrollment goals by establishing two W.I.G.s, or Wildly Important Goals that are essential to strategically position the organization. Faculty and staff were actively engaged more OF FIRST-YEAR STUDENTS than ever in recruitment while IN ONE YEAR (F17-F18) working together in new ways test to achieve W.I.G. 703: Enroll
20% ENROLLMENT INCREASE
6
Gannon has continued to support the growth of its Ruskin campus and meet the demands of today’s job market by investing in its facilities and expanding innovative academic programs. Gannon’s Ruskin campus welcomed 169 students enrolled in its five graduate and doctoral degree programs for the Fall 2018 semester. Gannon University received over $4.8 million in grant funding and over $3.8 in annual support that has contributed to transforming
LEARNING BY ENGAGEMENT | ADVANCING ORGANIZATIONAL HEALTH | CREATING PUBLIC IMPACT
the environments in which we learn, work and serve. The University received a $200,000 award from the Erie Community Foundation for Gannon’s GO College program to provide academic support for students at Strong Vincent Middle School. A $103,175 grant was awarded by the Orris C. & Beatrice Dewey Hirtzel Foundation to purchase a KIINARM EndPoint Robot Arm and Force Centers. This equipment will enhance the interdisciplinary education and research capabilities for biomedical engineering, occupational therapy and physical therapy faculty and students.
7,141,298
$
ANNUAL SUPPORT & GRANT FUNDING test The University celebrated the launch of an expansion to its Ruskin, Florida campus in a combined Dedication and Groundbreaking Ceremony on Feb. 16, 2018. The University
completed the modernization of existing facilities and launched plans of a $21 million project to construct a new academic center and parking lot. The three-story, 80,000 square-foot structure will create additional classrooms, laboratories and faculty offices that will be integrated with new amenities, including a fitness center and a common student gathering area to accommodate an anticipated increase in future academic programs and the University’s growing number of students. B Gannon University formally re-opened Nash Library and Student Learning Commons with a Dedication and Blessing Ceremony on Jan. 19, 2018. The 87,400-square-foot modernized space, which first opened in 1973, underwent $16 million in renovations to accommodate the way students learn today. These updates included a wide array of independent and group study spaces, upgraded outdoor courtyards, new technology features, a green roof, the Urban Brew Coffee Shop, and colocating the Student Learning Commons to allow greater accessibility to the support offered by Gannon’s STEM Success Center, Monsignor
James E. Sanner ’53 Writing and Research Center, and the Technology Support Center. C The momentum around University Wellness continued to build as engagement rates of Gannon employees completing annual health risk assessments and biometric screenings has grown exponentially over the past three years. A significant increase occurred in 2017 following the launch of a Wellness Reward incentive tied to employee healthcare premium costs. 84-percent of eligible fulltime employees, insured and associate members, completed both the wellness profile and the biometric screenings. The Donald M. and Judith C. Alstadt Environmental Center was formally dedicated on Oct. 4, 2017 at the facility on Brokenstraw Creek in Spring Creek, Pennsylvania. The Center, a generous gift from Judith Alstadt to honor her late husband Donald Alstadt, will be used by Gannon University students and faculty to live, learn and conduct research in a setting that offers unparalleled direct access to diverse ecosystems.
STRATEGIC PLAN MEASURES: GOAL TWO Initiative Institutional Vitality
Success Measure Total Enrollment Annual Support & Grant Funding
Year 1 Result 4,1491 $7,141,298
Skills and Talents of Employees
Student Satisfaction with Administrative and Student Services Offices
87%
Life and Wellness of Employees
Wellness Outcome
84%
2017-2018 GANNON UNIVERSITY ANNUAL REPORT
7
A
B
GOAL THREE
C
CREATING PUBLIC IMPACT
THE VIBRANCY OF THE ERIE AND RUSKIN COMMUNITIES SURROUNDING GANNON’S CAMPUSES PLAYS A SIGNIFICANT ROLE IN SHAPING STUDENTS’ AND EMPLOYEES’ EXPERIENCES. IT IS MUTUALLY BENEFICIAL TO INVEST RESOURCES THAT WILL HELP THESE COMMUNITIES IN WHICH WE LIVE, WORK, LEARN AND PLAY TO FLOURISH. BY ENCOURAGING THE LINKAGE OF SCHOLARSHIP, SERVICE AND LEARNING EXPERIENCES WITH COMMUNITY NEEDS, THE UNIVERSITY FACILITATES TRANSFORMATIVE CHANGE IN GANNON’S COMMUNITIES AND IN COMMUNITIES ACROSS THE GLOBE. A groundbreaking ceremony was held Sept. 22, 2017 for the St. Joseph House of Faith in Action, and was later dedicated on May 18, 2018. The 2,400-square-foot space is a volunteer-built residence used as a home base for groups to serve in and connect with the Our West Bayfront community. St. Joseph House is home to Gannon employee residents who occupy the house as caretakers while providing hospitality to visiting 8
groups focused on urban neighborhood revitalization.
A
+ 80 VOLUNTEERS & DONORS
CONSTRUCTED THE ST. JOSEPH HOUSE OF FAITH IN ACTION
test
Our West Bayfront (OWB) was awarded a $100,000 grant from the Erie County Gaming Revenue Authority for a Renaissance Block project at Gridley Park, which will assist approximately 25 property owners with exterior repairs to create a visible impact that will increase market confidence and encourage neighbors to make similar investments. Additionally, OWB received a $250,000 Shaping Tomorrow Grant from the
LEARNING BY ENGAGEMENT | ADVANCING ORGANIZATIONAL HEALTH | CREATING PUBLIC IMPACT
Erie Community Foundation to rehabilitate a mixed-use building in the West Eighth Street Commercial Corridor.
B
Gannon University invested $2.5 million in the Erie Downtown Equity Fund, LLC to commit to collaborating with key community partners as an inaugural member of the Erie Downtown Development Corporation (EDDC). The EDDC is focused on fueling economic growth through real estate development in downtown Erie, with the intent of strengthening the city’s core assets and driving revitalization across the region. Gannon will assist in developing a business plan that will identify projects to implement the vision for the economic development and revitalization of downtown Erie. Gannon University received a $1 million grant from the U.S. Department of Commerce’s Economic Development Administration (EDA) to further advance the Northwest Pennsylvania Innovation Beehive Network. This grant will accelerate and enhance business consulting services provided by Gannon to startups through the Beehive, which includes Gannon University, Penn State Behrend, Mercyhurst University and Edinboro
University. The Beehive connects the four universities to create specialized nodes focused on the necessary elements to launch new businesses, and provide entrepreneurs access to resources that drive business development.
community sites nationwide, including the West Bayfront neighborhoods and Strong Vincent Middle School in Erie; and Ruskin Elementary School, Salvation Army Adult Rehabilitation Center and Mary Martha House in Ruskin. C
Gannon’s announced new academic programs at its Erie campus that will provide educational training that meet the needs of both the students and the industry. A Masters in Health Administration was created to equip students with the knowledge and skills to manage and lead various healthcare organizations. The School of Public Service and Global Affairs was established, housing seven existing undergraduate programs, two graduate programs and a new Public Service and Global Affairs program. This new program focuses on history, government, literature and languages while infusing travel and cultural experiences into the curriculum for hands-on learning.
Service-learning infuses Gannon’s commitment to service and academics to create mutual benefits for both students and the community. A need for service at 212 sites was identified by community partners and incorporated into the curriculum of 113 academic courses. Servicelearning provided 1,881 students with meaningful, hands-on learning while meeting community needs and course learning outcomes, as well as vocational experience to reaffirm or identify new career paths for students.
The University held its 20th Gannon’s Invitation to Volunteer Everywhere (GIVE) Day in September. More than 1,000 faculty, staff, students and alumni celebrated by engaging in service at over 40
34,642
SERVICE-LEARNING HOURS COMPLETED
test
STRATEGIC PLAN MEASURES: GOAL THREE Initiative
Success Measure
Infrastructure Development
Grants and Fundraising for OWB, Erie-GAINS and Other Economic and Development Initiatives
Skills and Talents of Employees
Overall Satisfaction of Community Partners Engaged with Faculty and Students 2017-2018 GANNON UNIVERSITY ANNUAL REPORT
Year 1 Result $3,500,000 90%
9
FISCAL YEAR 2017-18 INSTITUTIONAL
PERFORMANCE
WITH A KEEN EYE ON THE ESSENTIAL DIMENSIONS OF PROVIDING A VALUABLE AND TRANSFORMATIONAL HIGHER EDUCATION EXPERIENCE, GANNON UNIVERSITY IS FOCUSED ON PROMOTING LEARNING BY ENGAGEMENT, ADVANCING ORGANIZATIONAL HEALTH AND CREATING PUBLIC IMPACT AS THE PRIMARY GOALS OF ITS STRATEGIC PLAN. STUDENT LEADERSHIP AND SUCCESS, FACULTY EXCELLENCE IN TEACHING AND SCHOLARSHIP, COMMUNITY ENGAGEMENT AND GLOBAL COMPETENCE ARE PILLARS THAT ARE INFUSED WITHIN THIS PLAN. THESE FOCUSES HAVE GUIDED THE UNIVERSITY THROUGHOUT THE 2017-18 FISCAL YEAR, ADVANCING THE MISSION AND ACHIEVING INSTITUTIONAL SUCCESS.
75,021
SERVICE HOURS CONTRIBUTED BY FACULTY, STAFF & STUDENT VOLUNTEERS *Data as of 9/18/18
RUSKIN, FLORIDA CAMPUS: STUDENT ENROLLMENT Gannon’s Ruskin, Florida Campus has thrived in steadily growing enrollment since opening in 2015, welcoming a larger number of new and returning students each year. 175 150 125
ERIE’S BEST UNIVERSITY
100 75
Erie residents voted Gannon University as Erie’s Best University in the 2017 Erie’s Choice Awards. Over 111,000 votes were cast by Erie residents for the 2017 Erie’s Choice Awards.
50 25 0
Fall 2015
Fall 2016
Fall 2017
Fall 2018
$640,000
GRANT FUNDING AWARDED TO OUR WEST BAYFRONT
Our West Bayfront raised grant funding from state and local sources to implement strategic initiatives that accelerate community revitalization of the West Bayfront neighborhoods.
GANNON’S POSSIBILITIES ABROAD:
413 STUDENTS
+
76
30
FACULTY & STAFF TRAVELED
COUNTRIES AND ACROSS THE US
NEW UNIVERSITY PARTNERSHIP AGREEMENT:
UNIVERSITÉ CATHOLIQUE DE LILLE, IN LILLE, FRANCE Gannon now holds partnership agreements with 12 universities in Australia, Chile, England, France, Germany, Ireland, Italy, Jordan and Poland.
GLOBAL STUDENT ENROLLMENT Global students from 54 countries across the world enrolled to study at Gannon University in Fall 2018.
$3,773,914 3,673 TOTAL DONORS
ANNUAL SUPPORT PROVIDED BY
2,242 ALUMNI DO NORS
The generous contributions of our University donors and alumni help to continue to provide an accessible education to all students through scholarship and academic opportunities, and maintaining low and affordable tuition rates for all.
TOTAL ECONOMIC IMPACT ON THE REGION
$211,000,000 FISCAL YEAR 2017-18
AMID AN EVOLVING ECONOMY, GANNON UNIVERSITY CONTINUES TO LOOK WITH OPTIMISM FOR OPPORTUNITIES TO GROW, TO IMPROVE AND TO BUILD CONNECTIONS BETWEEN PEOPLE AND EXPERIENCES WITHIN IN OUR REGIONAL, NATIONAL AND GLOBAL COMMUNITIES. OUR STUDENTS, FACULTY, STAFF, ALUMNI AND COMMUNITY PARTNERS ARE VITAL IN BUILDING LASTING CONNECTIONS AND CREATING MEANINGFUL COLLABORATION TO IMPACT AND TRANSFORM THE ENLIVENED COMMUNITIES IN WHICH WE SERVE. IMPACT OF EMPLOYMENT Gannon University creates an impact on employment in the Erie region by providing jobs for 1,481 employees 626 full-time, 255 parttime, 600 students. The University’s investment in current capital projects infused over $11.2 million into the economy. Purchases, contracts awarded, employment in construction and allied trades, as well as professional services in relation to the projects supported growth among the local companies, professions and entities directly benefitting from these investments.
Aligning with the University’s dedication to the growth and development of local businesses, over $26.2 million in annual contracts was awarded to local vendors, supporting the companies’ employment, payroll, and state and local tax revenue as well as other economic and social benefits. Eight local high school students worked 180 hours on Gannon’s campus through the Summer Jobs and More (J.A.M.) program for Erie County. Beyond the direct economic impact to the community, 61 students have completed their summer job at Gannon since the
program’s inception, learning skills that will prepare them to enter the workforce. Approximately 94% of 201617 Gannon graduates are either employed in substantive roles or are continuing their education within six months after graduation, some of which are employed within the Erie community at local companies such as Barber National Institute in Erie County, Erie Insurance, LORD Corporation, Saint Vincent Hospital, TechnipFMC and UPMC Hamot.
IMPACT ON ECONOMIC DEVELOPMENT The Erie Technology Incubator (ETI) welcomed 4 new client companies, and helped serve 15 total startups in digital health, software, digital media, manufacturing and data science throughout the fiscal year. ETI companies created 25 new jobs, and ranged in size from pre-revenue, to fast-growing, multimillion businesses, one employing over 40 professionals. The Small Business Development Center (SBDC) at Gannon University provided consulting hours to 467 companies in Erie, Crawford, Mercer and Warren Counties, and helped companies and entrepreneurs receive over $8.3 million in capital formation. With support from SBDC employees, 42 new business startups were created and 37 varying educational programs were provided to 464 community members.
IMPACT ON ECONOMY Gannon students and employees supported 25 local businesses by purchasing $563,588 in goods and services through the GU Gold program. Employee compensation injected $57.8 million into the local economy. This contribution was leveraged by the amount of state and local income tax revenue supported by the University’s payroll, and by economic multiplier effects derived from the spending generated by employees that
supports local businesses, charities and professionals. Gannon partnered with the Erie Sports Commission to host the National Collegiate Acrobatics and Tumbling Association (NCATA) National Championships for the first time in the Hammermill Center. Gannon’s Acrobatics and Tumbling team won its third individual national title during the event when the Lady Knights captured gold during the inversion pyramid heat. The NCATA Championships brought in over $1 million, making it a huge success for both the Erie and Gannon communities.
IMPACT OF PHILANTHROPY Gannon’s Dual Enrollment Program awarded $2.2 million in reduced tuition costs to 730 local high school juniors and seniors who earned 3,534 college credits through the program. Gannon business students formed Gannon Student Venture Capital Teams to complete Pop-Up Business projects for course credit. The course provided realworld learning through which students turned an initial $910 Venture Capital investment into over $14,647 in revenues and $11,823 in profits in two semesters. The student projects ultimately provided $10,420 in charitable contributions to 15 local charities.
IMPACT ON SERVICE Dedicated to ensuring safety on campus and in its surrounding neighborhoods, Gannon’s Campus Police and Safety officers responded to numerous calls and assisted the Erie Police Department with incidents not related to the University and helped with conducting traffic and crowd control, providing uncompensated first-responder services to the community. Gannon implemented the Knight Watch Express shuttle service and LiveSafe app in Fall 2017. Approximately 5,000 rides were given to students and employees through the shuttle service. The Live Safe app allows students to virtually walk with friends, report suspicious activity, has a campus map and building directory, as well as locations of AEDs and callboxes. Additionally, all callboxes on campus received new LED lights and signage for better visibility. Gannon’s teams, clubs and organizations made significant contributions to the Erie community through service and fundraising. Gannon’s Fraternity and Sorority Community completed over 6,500 service hours for a variety of organizations, as well as organized and held events and fundraising activities resulting in over $13,000 in donations to local and national philanthropies. While teams and studentathletes volunteered over 6,000 service hours and raised over $19,000 for charity.
UNIVERSITY
FINANCIALS
INSTITUTIONAL VITALITY INCLUDES SOUNDNESS OF OPERATIONS AND FINANCIAL HEALTH OF THE INSTITUTION. IT REQUIRES MAINTAINING ORGANIZATIONAL STRENGTH; BEING VIGILANT, AGILE AND FLEXIBLE WHEN RESPONDING TO ENROLLMENT GROWTH OPPORTUNITIES THROUGH PROGRAMS AND DELIVERY METHODS; OPTIMIZING OPERATIONS; AND IDENTIFYING ALTERNATIVE REVENUE STREAMS. WELL-DEVELOPED AND WELL-CARED FOR HUMAN RESOURCES ARE THE ESSENTIAL FOUNDATION FOR THE OPTIMAL USE AND FURTHER DEVELOPMENT OF OUR FINANCIAL, PHYSICAL PLANT, TECHNOLOGY RESOURCES AND OVERALL INSTITUTIONAL VITALITY. Gannon University completed Fiscal Year 2018 with a positive financial performance. Net assets increased by $3.6 million. This increase included approximately $661,000 from operating activities and $3 million from non-operating activities. Approximately $1.8 million of the non-operating increase in net assets was due to positive endowment results. Another $919,000 of the increase was due to non-operating contributions, including gifts to the endowment. Net tuition and fees decreased by approximately $1.7 million, or 2.5%, versus the prior year. The overall tuition discount rate was 39%. Auxiliary enterprise revenue grew by approximately $725,000 or 5.5% over the prior year. Enrollment for Fall 2017 totaled 4,149 students, which was a slight decrease of 194 students from the prior year. The total number of fulltime undergraduate students increased 2% to 2,528 and
14
included 637 full-time, firsttime students. Graduate enrollment was 1,073 students, which was down 172 students from the prior year. The main area of decline was in the College of Engineering and Business with a decrease of 239 students. As experienced in 2016, the reduction was primarily the result of fewer students arriving from India due to VISA issuance problems that were unrelated to the University. The Occupational Therapy Doctorate Program in Ruskin, Fla. welcomed its third class of students this past fall. Enrollment grew to 117 graduate students at that site for Fall 2017. The first class of Physical Therapy Doctorate students started in Summer 2017. Unrestricted contributions totaled approximately $949,000 and temporarily restricted contributions added another $1.2 million, totaling approximately $2.1 million. Federal and state grants totaled $2.8 million. The total
return on the endowment was 7.9%. The Endowment Fund increased from $60.2 million at the end of FY17 to $63.4 million at June 30, 2018. This increase of $3.2 million included positive returns from FY18, as well as gifts to the endowment, net of spending. Total Expenses decreased by $9.1 million. Excluding the $6.8 million software gift received in FY17, expenses decreased 2.6% or $2.3 million. Prudent fiscal management was demonstrated by a reduction in force, which resulted in a $460,000 net increase in expenses for FY18 and eliminated $4.8 million in expenses for FY19. The University will continue to invest in strategic initiatives to sustain and grow the University and allocate financial resources to ensure that students receive the best possible experience in and out of the classroom.
LEARNING BY ENGAGEMENT | ADVANCING ORGANIZATIONAL HEALTH | CREATING PUBLIC IMPACT
PROO
REVENUE Tuition and Fees, net of scholarships Federal, State and Private Grants Contributions Auxiliary Enterprises Other Total
2015-16 $69.1 3.6 3.7 12.8 0.7 $89.9
2016-17 $66.7 2.7 10.5 13.1 9.0 $102.0
2017-18 $65.0 2.8 3.0 13.8 6.8 $91.4
EXPENSES Compensation Operating Expenses Interest Depreciation Auxiliary Enterprises Total
2015-16 $57.0 19.4 2.2 6.0 2.5 $87.1
2016-17 $61.7 24.6 2.4 5.5 2.7 $96.9
2017-18 $57.7 19.3 2.5 5.5 2.8 $87.8
EXPENSES BY FUNCTION Instruction and Research Public Service Student Services Institutional Support Auxiliary Enterprises Total
2015-16 $41.1 2.0 17.9 16.4 9.7 $87.1
2016-17 $51.2 1.7 18.2 16.0 9.8 $96.9
2017-18 $42.5 1.8 18.1 15.5 9.9 $87.8
USE OF FUNDS Student Scholarships Capital Spending Debt Retirement Endowment Activities Total
2015-16 $37.3 11.3 2.3 1.8 $52.7
2016-17 $39.1 16.4 2.3 1.2 $59.0
2017-18 $42.4 11.4 2.0 0.9 $56.7
$56.6
$60.2
Value of Endowment all values in millions of dollars
P
PROO
P
PROO $63.4
P 2017-18 REVENUE
• Tuition and Fees, net of scholarships 65% • Federal, State and Private Grants 2.8% • Contributions 3% • Auxiliary Enterprises 13.8% • Other 6.8%
2017-18 EXPENSES
• Compensation 64% • Operating Expenses 25% • Interest 2% • Depreciation 6% • Auxiliary Enterprises 3%
2017-2018 GANNON UNIVERSITY ANNUAL REPORT
EXPENSES BY FUNCTION
• Instruction and Research 42.5% • Public Service 1.8% • Student Services 18.1% • Institutional Support 15.5% • Auxiliary Enterprises 9.9%
PROO 15
FACTS & FIGURES
16
LEARNING BY ENGAGEMENT | ADVANCING ORGANIZATIONAL HEALTH | CREATING PUBLIC IMPACT
GANNON UNIVERSITY HAS IMPLEMENTED PLANS THAT ALIGN WITH THE GOALS AND COMPONENTS OF THE 2017-2021 STRATEGIC PLAN. MEASURING THE OUTCOMES OF THESE PLANS AND MONITORING KEY, INSTITUTIONAL FACTS AND FIGURES WILL ENCOURAGE ACTION TO ENSURE THE UNIVERSITY’S CONTINUED MOMENTUM OF SUCCESS.
2007 Total Students Undergraduate Graduate International Minority
2017
2018
4,134 2,729 1,405 7.5% 5.9%
4,149 3,076 1,073 11% 11%
4,291 3,291 1,000 9% 12%
Total Full-Time Employees Full-Time Faculty Full-Time Staff
506 188 318
663 245 418
626 229 397
Student-to-Faculty Ratio
14:1
13:1
13:1
Freshman GPA
3.4
3.5
3.6
Freshman SAT
1047
1034
1113
Retention (First to Second Year)
81%
85%
83%
Graduation Rates / 4-year
49%
47%
53%
Graduation Rates / 5-year
64%
62%
65%
537
579
625
1,187
1,250
1,339
58,645
79,000
75,0211
93% 98%
91% 97%
94% 95%
974
1,152
1,121
35,267
44,453
45,397
Student-Athletes Students in Gannon Housing Community Service Hours Employed after Graduation or Continuing Education Undergraduate Graduate Students Graduated Alumni Graduates
1
2017-2018 GANNON UNIVERSITY ANNUAL REPORT
Data as of 9/18/18 17
BOARD OF TRUSTEES
2017 - 2018
Most Rev. Lawrence T. Persico, J.C.L. • Chairperson Bishop of Erie Erie, Pa.
Walter W. Cooper ’85, ’87M Chief Executive Officer Matrix Medical Network Odessa, Fla.
Thomas C. Guelcher ’62, ’76M • Vice Chairperson Risk/Properties Director Sisters of Mercy Erie, Pa.
Gregory Czarnecki ’89 • Executive Director Wild Resource Conservation Program President, Gannon University Alumni Association Hershey, Pa.
Mark J. Minnaugh ‘81 Secretary Retired Executive VP Giant Eagle, Inc. Allison Park, Pa.
Tina M. (Cicchetti) Donikowski ’85 Retired Vice President GE Transportation Systems Erie, Pa.
Keith Taylor, Ph.D. • President Gannon University Robert P. Barker ’72 Retired Executive Parker Aerospace Laguna Niguel, Calif. Candace D. (Horton) Battles ’93 Retired Social Worker Harborcreek Youth Services Erie, Pa. Richard E. Beattie ’92 Owner Mechanical Engineering & Construction Corporation (MEC2) Phoenix, Md. Rev. Msgr. Robert L. Brugger Retired Diocese of Erie Erie, Pa.
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Sr. Mary Drexler, S.S.J. ’71VMC Retired Principal Our Lady’s Christian School Erie, Pa. Dana M. (Kennedy) Fallon ’91 Alumni Director George Mason University School of Law Arlington, Va. James Fiorenzo ’90M Retired President UPMC Hamot Erie, Pa. and Bonita Springs, Fla. Gwendolyn M. (Ralph) Garbarino, Esq. ’82 Vice President and General Counsel Alexander, Garbarino, Neely and Hindman State College, Pa. James E. Gehrlein ’72 Retired Executive Area President, National City Bank Erie, Pa. Brigadier General Timothy J. Hilty ’81 Assistant Adjutant General Army, Pennsylvania National Guard Lebanon, Pa.
LEARNING BY ENGAGEMENT | ADVANCING ORGANIZATIONAL HEALTH | CREATING PUBLIC IMPACT
Rev. Scott W. Jabo, Ph.D. President Cathedral Preparatory School/Villa Maria Academy Erie, Pa.
Rev. Nicholas J. Rouch, S.T.D. ’83 Vicar for Education Diocese of Erie Erie, Pa.
Bruce Kibler, Ph.D. • Assistant Professor, Management President, Gannon University Faculty Senate Erie, Pa.
James J. Rutkowski, Jr. ’83 General Manager/Treasurer Industrial Sales and Manufacturing, Inc. Erie, Pa.
Scott M. Krall ’84 Head of Corporate Environmental Governance Bayer Corporation Pittsburgh, Pa.
James A. Scozzie, Ph.D. ’65 Retired Business Executive Painesville, Ohio
Urban J. LaRiccia ’59 Private Investor Rancho Santa Fe, Calif.
Antoinette Spevetz, M.D. ’83 Professor of Medicine Cooper Medical School of Rowan University Oxford, Pa.
Thomas J. Loftus ’56, ’74M Retired Business Executive LORD Corporation Erie, Pa.
James F. Toohey, Esq. ’56 Partner Quinn, Buseck, Leemhuis, Toohey & Kroto Inc. Erie, Pa.
Msgr. Edward M. Lohse ’84 Episcopal Vicar Canonical Services Diocese of Erie Erie, Pa.
Margaret A. (Rothgery) VanderLaan ’89 Chief Marketing Officer Encore Electric, Inc. Highlands Ranch, Colo.
Rev. John Malthaner ’91 Pastor St. Luke’s Parish Erie, Pa.
Kendra Walker • President Gannon University Student Government Association Erie, Pa.
Pierre McCormick ’79 Retired President Wisconsin Distributors, LLC Erie, Pa.
Sr. Mary Ann White, S.S.J. • President Sisters of Saint Joseph of Northwestern Pennsylvania Erie, Pa.
Timothy NeCastro ’83 President and Chief Executive Officer Erie Insurance Erie, Pa.
William M. Zeitler ’69 Retired Business Executive Jamestown, R.I.
Susan M. Nedza, M.D. ’80 Chief Medical Informatics Officer MPA Healthcare Solutions Hinsdale, Ill.
• Ex-officio Members
Richard G. Orlando, M.D. ’76 Ophthalmologist/President Columbus Ophthalmology Dublin, Ohio Thomas F. Power, Jr. ’63 Retired Business Executive Wisconsin Central Transportation Corporation Green Oaks, Ill. 2017-2018 GANNON UNIVERSITY ANNUAL REPORT
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GANNON UNIVERSITY
MISSION GANNON IS A CATHOLIC, DIOCESAN UNIVERSITY DEDICATED TO EXCELLENCE IN TEACHING, SCHOLARSHIP AND SERVICE. OUR FACULTY AND STAFF PREPARE STUDENTS TO BE GLOBAL CITIZENS THROUGH PROGRAMS GROUNDED IN THE LIBERAL ARTS AND SCIENCES AND PROFESSIONAL SPECIALIZATIONS. INSPIRED BY THE CATHOLIC INTELLECTUAL TRADITION, WE OFFER A COMPREHENSIVE, VALUESCENTERED LEARNING EXPERIENCE THAT EMPHASIZES FAITH, LEADERSHIP, INCLUSIVENESS AND SOCIAL RESPONSIBILITY.
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