2018-2019
ANNUAL REPORT
OUR GOALS
PROMOTING LEARNING BY ENGAGEMENT ADVANCING ORGANIZATIONAL HEALTH CREATING PUBLIC IMPACT
FROM THE
PRESIDENT I am blessed to report that Gannon University had an exceptionally healthy academic and Fiscal Year 2018-2019 with great success seen across all corners of our University. The Gannon community came together as is our tradition and delivered on our promise of providing an accessible, quality education during a time when colleges and universities across the nation continue to face economic and enrollment challenges. Plans were put in motion to diversify enrollment strategies to adapt to the changing regional and global student population trends. These strategies included components such as focusing global recruitment in new international markets, expanding our Ruskin campus footprint and building upon our academic excellence with new, innovative program offerings to best meet both students’ interests as well as the demands of the regional economy. A record-breaking Fall 2019 enrollment was a testament of the success of these strategies, as the University welcomed its largest enrollment since 1991.
Gannon’s strong enrollment trends have fueled robust institutional financial health, capital investments and extensive opportunities for innovation and outreach. Faculty and staff worked diligently to bolster the expansion of our Ruskin, Florida campus by way of introducing new graduatelevel programs and dedicating an extraordinary new academic building. Faculty in Erie inspired new ventures in the cyber industry with degrees in Cyber Engineering and Cybersecurity, along with the development of the Institute for Health and Cyber Knowledge (I-HACK) to propel our academics, our institution and our region forward. Gannon is able to celebrate the success and healthy state of our University because of the hard work and dedication of our employees. The University deepened our commitment to our colleagues by investing in their personal and professional development to encourage full engagement in their meaningful work. In return, faculty and staff have shown an exemplary commitment to Gannon’s 2018-2019 GANNON UNIVERSITY ANNUAL REPORT
Strategic Goals, to our Mission, and ultimately, to inspiring transformation and transforming the lives of our students. This common purpose and student-first mindset was placed at the forefront of our Gannon community’s actions and allowed us to foster an enhanced educational environment for our students, enriched with the types of experiences and connections that inspire them to be their best selves. We are grateful for the unwavering dedication of our Gannon community and the inspiration it instills in our students and each other as we continue to build upon our educational excellence, institutional vitality and service to our community. We look forward to the future of Gannon University with enthusiasm as we continue this positive momentum together. Congratulations on making this a successful year.
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A
B
C
PROMOTING LEARNING BY ENGAGEMENT
GOAL ONE
Gannon’s campus communities are integral to the student experience. The combination of our ever-strengthening partnerships in other countries and those neighboring our campuses creates the opportunity to embark on building bridges across cultures and communities. Students contribute to and learn from the intentional programming and communities that exist on and surrounding our campuses, developing laudable knowledge and competency in the tenets of faith, leadership, inclusiveness and social responsibility. The Athletic department produced new school records with 284 PSAC scholar-athletes and its highest PSAC Dixon Trophy standing, placing sixth overall. Seven athletic teams turned in the top GPA for their sport across the PSAC. While department wide, Gannon finished second among the 17 conference schools with a cumulative 3.4 GPA. A
4
284 SCHOLAR
ATHLETES
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GANNON UNIVERSITY RECORD
Gannon’s Possibilities Abroad programs substantially contribute to student and employee development, engagement and intercultural competence. In total, 403 students and 64 faculty and staff traveled to 51 destinations within 34 different countries.
LEARNING BY ENGAGEMENT | ADVANCING ORGANIZATIONAL HEALTH | CREATING PUBLIC IMPACT
B
467 STUDENTS
& EMPLOYEES TRAVELED TO 34 COUNTRIES
program during the 2018-19 Fiscal Year. Students were joined by 22 employee facilitators on 11 international trips to 14 countries, including the program’s first trip to South Africa.
The Gannon: Inspired Faculty-led Travel program led 138 students to learn alongside faculty outside the classroom in 15 countries, including India, Bahamas and Ireland.
Gannon’s McNair Scholars program welcomed 25 students. The students attended graduate school fairs and conferences, and were paired with firstgeneration faculty mentors to participate in workshops and speaker presentations focused on GRE test preparation and graduate school applications. Students completed a semesterlong research seminar that prepared them for the inaugural McNair Summer Research Institute, in which they conducted eight weeks of research alongside faculty mentors and reflected on their findings to the Gannon community.
The T.R.A.V.E.L. program saw an increase in student participants from 105 last year, to 126 students traveling as part of the
Gannon welcomed 25 students from eight Erie region high schools in Fall 2018 as part of the Archbishop Gannon
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Gannon’s Office of Learning Abroad welcomed 15 incoming exchange students to campus, hailing from Germany, Jordan and France. Thirty-two students traveled overseas for a semester abroad, while six students traveled for a summer abroad to Australia, Italy, Germany, France, Ireland, Hungary, Chile and England.
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Scholarship Program. The program has welcomed 90 students since its inception in Fall 2014. Global enrollment grew in Fall 2019, welcoming 412 students from 59 countries and U.S. Territories, some of which were newly represented for the first time or have not been represented in motre than a year, including Argentina, Belarus, Ecuador, Philippines, Sri Lanka and Thailand. Gannon’s Fraternity and Sorority Community is comprised of 441 total students, all of whom engaged in service and philanthropy, community and chapter events, as well as professional and leadership development training, programs and conferences. The Gannon Panhellenic Community welcomed 64 new members, while the Gannon Interfraternity Council welcomed 54 new members to the community.
STRATEGIC PLAN MEASURES: GOAL ONE Initiative
Success Measure
Professional and Vocational Aspirations of Students Personal Development of Students
Year 1 Result
Year 2 Result
Unduplicated Count of Students Traveling Internationally
331
406
Retention Rate
83%
82%
Participation in Service Learning
98%
98%
2018-2019 GANNON UNIVERSITY ANNUAL REPORT
5
A
C
B
ADVANCING ORGANIZATIONAL HEALTH
GOAL TWO
Organizational health encompasses three components: employees’ skills and talents, the life and wellness of employees, and institutional vitality. To position our employees to have the largest possible impact on students, colleagues and the communities, the University is committed to developing and empowering them toward improving the Gannon experience, and ultimately our organizational health. The University established Wildly Important Goals to improve execution of institutional priorities. Enrollment initiatives to recruit 710 first-year students and 1,090 graduate students were a WIG focus for FY18-19. As a result, Gannon welcomed its highest fall enrollment since 1991 with a total of 4,444 students for Fall 2019, which was comprised of 719 first-year students and 1,012 graduate students.
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4,444 RECORD ENROLLMENT
test
SINCE 1991
A new WIG, “Fully Engaged,” was introduced through which Gannon focused on colleagues
by listening, training those who supervise and those who facilitate students groups, adjusting policies, and working to enhance their overall experience. The purpose of this multi-year goal is to foster an environment in which colleagues feel connected, engaged and cared for, to in-turn enhance their work in serving and creating a transformational experience for students as well as colleagues.
LEARNING BY ENGAGEMENT | ADVANCING ORGANIZATIONAL HEALTH | CREATING PUBLIC IMPACT
The University completed construction of its second academic building at its Ruskin, Fla. campus. Investing nearly $20 million into the development of the 80,000-square-foot academic building, the new structure provides additional classrooms, laboratories and faculty offices, a fitness center and mobility garden. The facility supports the growth in program offerings, student enrollment and employees at the Ruskin campus. A The University created new academic programs to meet both the evolving interests of students as well as industry demands to prepare graduates for highly soughtafter careers. The College of Engineering and Business launched two new programs, cybersecurity and cyber engineering, and created an Institute for Health and Cyber Knowledge (I-HACK) to build on the prestige of its existing engineering programs and help fill the need of millions of expected jobs in the field.
Gannon University received more than $3.4 million in grant funding in support of academic excellence, research,
community engagement and economic development. The University’s Institute for Health and Cyber Knowledge (I-HACK) received its first grant to develop the facility with a $402,500 boost by way of the Lake Erie Research Institute to create a super-computing facility that will serve academic, healthcare and environmental researchers across the region. In December 2018, the Erie County Gaming Revenue Authority invested $1 million– or $200,000 to each Beehive node at the region’s local universities, including Gannon’s to assist in further developing Erie’s entrepreneurial ecosystem through small business development. B
3,459,061
$ test
RECEIVED FROM 44 GRANTS
Initiative. Gathering input from more than 2,000 students and employees, Gannon’s Tobacco-Free Campus Task Force developed a revised Tobacco Policy that prohibited tobacco use for all Gannon community members and visitors on University property. The momentum around University Wellness continues to build on the student experience, employee engagement and wellbeing. Employees engaged in University Wellness Reward incentives tied to healthcare premium costs, with 86% of insured employees, and 79% of all employees completing a health risk assessment and biometric screening. The 15th Annual Wellness Fair experienced record-breaking attendance, welcoming more than 1,500 Gannon students, employees and their families to the Recreation and Wellness Center to experience holistic wellness. C
The American Cancer Society awarded Gannon $8,000 to adopt tobacco-free campus policies as part of the TobaccoFree Generation Campus
STRATEGIC PLAN MEASURES: GOAL TWO Initiative Institutional Vitality
Success Measure Total Enrollment Annual Support & Grant Funding
Year 1 Result
Year 2 Result
4,149
4,444
$7,141,298
$6,767,800
Skills and Talents of Employees
Student Satisfaction with Administrative and Student Services Offices
87%
87%
Life and Wellness of Employees
Wellness Outcome
84%
79%
2018-2019 GANNON UNIVERSITY ANNUAL REPORT
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A
B
GOAL THREE
C
CREATING PUBLIC IMPACT
To create significant public impact, Gannon intentionally aligns scholarship, service and learning experiences with community needs. Commitment to our communities encompasses collaborative work focused on infrastructure development and mutually beneficial programming to support educational, interpersonal and economic growth. With our neighbors, the University has continued to build on the momentum of the ErieGAINS programmatic initiatives, strengthen our support in the transformation of the Our West Bayfront community, and create impactful interconnections between the needs of faculty and students’ coursework and the needs of communities worldwide. Gannon serves as the lead partner at Strong Vincent Middle School, a community school, with one full-time and one part-time Gannon employee. The community school initiative brings resources directly into the school to support students and their families, removing barriers to learning for success in and out of school. In conjunction with United Way and Erie’s 8
Public Schools, Gannon employees and students aligned work with the schools needs assessment. In collaboration with valuable community partners, nearly 250 programs were held at SVMS, including Feeding Minds and Families, a grant-funded and Gannon COMMUNITY SERVICE faculty-led program that ENGAGEMENT HOURS STRONG VINCENT MIDDLE SCHOOL brought STEM education and test family meals to the school.
1,571
LEARNING BY ENGAGEMENT | ADVANCING ORGANIZATIONAL HEALTH | CREATING PUBLIC IMPACT
Gannon’s GO College served 292 students through tutoring, advising, workshops and college visits. Strong Vincent Middle School students in GO College achieved a higher average GPA (3.18) than students not involved in the program (2.5 GPA). The first phase of the Our West Bayfront’s Bayview Park Plan, developed through community input and collaboration with the City of Erie, was launched with more than $380,000 invested into park improvements. Results of the plan were celebrated in Summer and Fall 2019 with the opening of a new splash pad and completed improvements to a multipurpose court. Additional Bayview Park projects are being undertaken in conjunction with housing and property improvements in the OWB neighborhood, such as housing repair grants and blight removal. A The University received a $21,000 Hamot Health Foundation Community Promise Grant to expand the student- and facultyoperated Pro Bono Physical Therapy Clinic. The Clinic serves the needs of adults
in the community who have exhausted their annual insurance benefits or who may not have health benefits. Building on this structure, a new Little Knights Pro Bono Occupational Therapy Clinic for children was created by way of a $29,442 grant from the A.J. and Sigismunda Palumbo Trust. B
helped them respect cultures and perspectives outside their own, supporting Gannon’s mission of forming socially responsible global citizens. Through generous donor contributions, $14,800 in need-based financial aid was awarded to make participating in an ABST possible for students of all backgrounds.
Through Alternative Break Service Trips, 111 students and 28 employee accompaniers traveled to 15 domestic and international locations to facilitate experiences based on the four pillars of service, simplicity, community and reflection. Gannon's Mission of forming socially responsible citizens was made evident through the student participants who expressed intercultural growth. 100% of these students stated that ABST
Gannon’s Center for Social Concerns recognized 30 years of historical and impactful giving and service. Founded in 1988 and inspired by Catholic Social Teaching, the CSC has equipped students and employees to engage with communities through purposeful service, exploration and action to drive global partnerships, societal integration, academic learning and sustainability.
139
STUDENT & EMPLOYEE ABST PARTICIPANTS TRAVELED TO 15 INTERNATIONAL & DOMESTIC LOCATIONS
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Dahlkemper School of Business students formed venture capital teams to complete pop-up business projects for course credit. Through the course, students successfully developed concepts and created real businesses that generated more than $12,000 in total revenue that was donated to 14 charities.
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 2018-2019 GANNON UNIVERSITY ANNUAL REPORT
Year 1 Result
Year 2 Result
$2,901,572
$2,109,951
90%
95%
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FISCAL YEAR 2018-19 INSTITUTIONAL
PERFORMANCE
Gannon University’s colleges and divisions implemented plans aligning with the 2017-2021 Strategic Plan goals. Monitoring the progress and outcomes of these plans ensures our institutional performance is continuously successful for the benefit of our students and our communities. Gannon has been active in extending the tradition of living our Mission and securing our place as a Catholic University recognized for engaged learning, organizational health and public impact. Below are key highlights of the diligent work toward achieving those goals for the 2018-19 Fiscal Year.
UNIVERSITY ENROLLMENT
A GROWING RUSKIN, FLORIDA CAMPUS
The University broke institutional records in Fall 2019, welcoming its highest fall enrollment since 1991.
Gannon took monumental steps in developing its Ruskin campus by expanding its footprint with a new academic facility, creating programs and growing student enrollment.
4,444 TOTAL ENROLLMENT
FALL ’15
77%
23%
3,432
1,012
UNDERGRADUATE ENROLLMENT
GRADUATE ENROLLMENT
9%
5%
412
239
GLOBAL ENROLLMENT
1
RUSKIN ENROLLMENT
719
FIRST-YEAR UNDERGRADUATE
7
ACADEMIC PROGRAM
ACADEMIC PROGRAMS
1
2
ACADEMIC BUILDING
16%
FALL ’19
ACADEMIC BUILDINGS
28 239
STUDENTS
STUDENTS
This data reflects populations within UG and GR enrollment.
$6,767,800
ANNUAL SUPPORT & GRANT FUNDRAISING
University donors contributed more than $3.3 million through Gannon’s Annual Fund, as well as capital, endowed, restricted and in-kind gifts. More than $3.4 million in grant funding was also raised to support academic excellence, research, community engagement and economic development.
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LEARNING BY ENGAGEMENT | ADVANCING ORGANIZATIONAL HEALTH | CREATING PUBLIC IMPACT
GLOBAL STUDENT ENROLLMENT Global enrollment grew by expanding recruitment strategies into new markets in Latin America, Eastern Europe, South and Southeast Asia as a strategic response to visa issuance challenges impacting several countries.
412 STUDENTS 59 COUNTRIES & U.S. TERRITORIES
1of 7
CAPITAL PROJECT INVESTMENTS Gannon invested in developing learning facilities with cutting edgetechnology to educate the leaders and professionals of our future.
IN THE NATION
TO RECIEVE 'CHANGING THE WORLD' AWARD
RUSKIN ACADEMIC BUILDING $20,000,000
2019 2017 NASH LIBRARY RENOVATIONS $16,500,000
2019-21 I-HACK / KNIGHT TOWER $25,000,000 PROJECTED
A VITAL RESOURCE FOR ENTREPRENEURIAL DEVELOPMENT Gannon’s Center for Business Ingenuity houses vital resources to support entrepreneurs at all stages. The collaborative work of the Small Business Development Center, Erie Technology Incubator, Dahlkemper School of Business and Gannon’s Beehive made significant impact on entrepreneurial development in the region.
INAUGURAL DAY OF GIVING The first Celebrate Gannon: Day of Giving was successful thanks to the many donors who contributed during the 24-hour fundraiser.
Aetna selected Gannon University to receive its “Changing the World” award for demonstrating commitment to creating a healthier workplace for employees.
CLIENTS SERVED
493
BUSINESSES FORMED
50
JOBS CREATED
139
FUNDS RAISED
$11.72M
$160,163
FUNDS RAISED
2018-2019 GANNON UNIVERSITY ANNUAL REPORT
3,673
TOTAL DONORS
27
DESIGNATIONS 11
TOTAL ECONOMIC IMPACT ON THE REGION
$214,600,000 FISCAL YEAR 2018-19
Making significant contributions to provide accessible education and serve the community, Gannon University is a regional leader in fueling economic growth in Erie, Ruskin and across the globe. Gannon’s enterprises are well integrated within each communities’ plans to improve and flourish, driving economic development and ensuring our neighbors, students and employees enjoy a healthy, vibrant environment. IMPACT OF EMPLOYMENT
Gannon’s Ruskin, Fla. campus.
Gannon University positively impacted employment in the Erie and Ruskin regions during FY18-19 by providing jobs for 1,491 total employees, which includes 605 full-time employees, 242 part-time employees, and 644 students.
Dedicated to the growth and development of the Erie economy, the University made payments within the community that reached more than $22.4 million for a variety of goods and services.
The University’s investment in current capital projects infused $20.8 million into the economy through contracts awarded, and employment for construction and professional services in relation to the development of facilities, including the new 80,000-square-foot academic building constructed on
Seven local high school students were employed on Gannon’s campus through Erie County’s Summer Jobs and More (J.A.M.) program to learn skills that prepare them to enter the workforce. Beyond the direct impact to the students and the community, 45 students have
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completed their summer job at Gannon since the program’s inception, some of whom participated in the program more than once. Eleven of the 45 participating students have since enrolled or are currently attending Gannon University. Within six months of graduation, 96% of undergraduate and 97% of graduate respondents achieved employment in substantive roles or continued their education to advance their degrees. Meeting the demand for highly trained professionals in the region, 44% of those graduates were employed by
LEARNING BY ENGAGEMENT | ADVANCING ORGANIZATIONAL HEALTH | CREATING PUBLIC IMPACT
companies in Erie such as UPMC Hamot, Erie Insurance and LORD Corporation.
IMPACT ON ECONOMIC DEVELOPMENT The Small Business Development Center at Gannon provided consulting hours to 382 clients in Erie, Crawford, Mercer and Warren Counties, and helped companies and entrepreneurs receive more than $8.9 million in capital formation. With support from SBDC employees, 44 new businesses were formed, 102 jobs were created, and 26 educational programs were provided to community members. The Erie Technology Incubator served 10 resident clients in a variety of industries, which resulted in forming two new businesses, creating 19 jobs and adding more than $100,000 in capital formation. ETI established a new structure that afforded greater synergy. SBDC consultants oversaw ETI client mentoring and mentor team formation. Business faculty served as volunteer mentors. Undergraduate students applied business concepts for ETI clients through course projects, and graduate students worked alongside clients in the MBA program’s capstone course. Gannon’s Beehive established a location within the Center for Business Ingenuity that enhanced the Center’s entrepreneurial and business development services to best serve the community. Gannon’s
Beehive served 101 clients since its inception. As a result, the Beehive assisted clients in forming four new businesses, creating 18 new jobs to further develop entrepreneurial and economic growth within the Northwest Pennsylvania region.
IMPACT ON ECONOMY Gannon students and employees supported 25 Erie businesses by purchasing $515,096 in goods and services through the GU Gold program. Employee compensation injected $57.6 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.
IMPACT OF PHILANTHROPY Gannon’s Dual Enrollment Program awarded $3.1 million in reduced tuition costs to 870 local high school juniors and seniors who earned 4,790 college credits. As part of the United Way’s Erie Free Taxes program, Gannon’s Center for Business Ingenuity was a Volunteer Income Tax Assistance site. It was established to help eligible community members claim the federal EITC through free federal, state and local tax preparation by IRScertified volunteers. Accounting 2018-2019 GANNON UNIVERSITY ANNUAL REPORT
professors and students volunteered to assist with 240 Federal Tax Returns and 67 EITC Claims that yielded a program value of $331,139.
IMPACT ON SERVICE Campus Police and Safety purchased two fully equipped police vehicles to improve routine patrol and emergency responses on campus and within the community. The Knight Watch Express shuttle service averaged approximately 5,000 rides for students and employees. Officers were dispatched to an average of 300 incidents requiring a report to be taken and an average of 10,000 calls for a variety of security duties. Officers assisted the Erie Police Department with incidents not related to the University by conducting traffic and crowd control, and providing uncompensated first-responder services to the community. Gannon’s teams, clubs and organizations made significant contributions to the Erie community through service and fundraising. Gannon’s Fraternity and Sorority community completed more than 7,500 service hours for a variety of organizations, as well as organized and held events and fundraising activities resulting in more than $15,000 in donations to local and national philanthropies.
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UNIVERSITY
FINANCIALS
Gannon’s Strategic Plan outlines program delivery, services and resources that are designed to meet the evolving needs of students, employees and the communities we serve. It identifies well-cared for human resources as the foundation for optimizing financial, physical plant and technology resources to strengthen institutional vitality. The University has focused on these strategies to attract students from a changing regional population, broaden our reach and serve our growing communities by expanding our Ruskin campus, aligning quality academics with industry demand, and developing Erie’s West Bayfront neighborhood. Gannon University completed Fiscal Year 2019 with a positive financial performance. Total net assets reached $168.5 million; the increase of $7 million included $4.8 million from operating activities and $2.2 million from non-operating activities. Approximately $1.9 million of the nonoperating net assets was due to endowment results, $690,000, and contributions including gifts to the endowment, $1.2 million and endowment returns. Net tuition and fees increased by approximately $3.7 million, or 5.6%, versus the prior year. The overall tuition discount rate was 40.6%. Auxiliary enterprise revenue grew by approximately $1.2 million to a total of $15.0 million. Enrollment for Fall 2019 totaled 4,444 students, which was an increase of 153 students from
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the prior year. The total number of undergraduate students increased to 3,432 and included 719 fulltime, first-time students. Graduate enrollment was 1,012 students, which was a slight increase of 12 students from the prior year. The Ruskin, Fla. campus expanded in footprint and in enrollment. The University invested $20 million to construct and open a new academic building that will accommodate additional academic offerings, and a growing enrollment of 239 students, an increase of 70 students from the prior year. Unrestricted contributions totaled approximately $680,000 and temporarily restricted contributions added another $1.2 million, totaling approximately $1.9 million. Federal, state and private grants totaled $3.7 million, a $900,000 increase from FY18.
The total return on the endowment was 4.7%. The Endowment Fund increased from $63.4 million at the end of FY18 to $64.6 million at June 30, 2019. Total Expenses increased by $1.6 million while Total Revenue increased by $5 million, which was a result of prudent fiscal management and intentional action toward institutional vitality. 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
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
2018-19 $68.6 3.7 3.1 15.0 6.0 $96.4
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
2018-19 $57.6 20.5 2.7 5.6 3.0 $89.4
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
2018-19 $43.9 1.5 18.0 15.9 10.1 $89.4
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
2018-19 $46.9 18.8 1.9 0.8 $68.4
$56.6
$60.2
$63.4
$64.6
Value of Endowment all values in millions of dollars
2018-19 REVENUE
• Tuition and Fees, net of scholarships 68.6% • Federal, State and Private Grants 3.7% • Contributions 3.1% • Auxiliary Enterprises 15% • Other 6%
2018-19 EXPENSES
• Compensation 57.6% • Operating Expenses 20.5% • Interest 2.7% • Depreciation 5.6% • Auxiliary Enterprises 3%
2018-2019 GANNON UNIVERSITY ANNUAL REPORT
EXPENSES BY FUNCTION
• Instruction and Research 43.9% • Public Service 1.5% • Student Services 18% • Institutional Support 15.9% • Auxiliary Enterprises 10.1%
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FACTS & FIGURES
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LEARNING BY ENGAGEMENT | ADVANCING ORGANIZATIONAL HEALTH | CREATING PUBLIC IMPACT
Gannon University's 2017-2021 Strategic Plan is comprised of intentional goals highlighting commitments to our students, employees and communities, which are all aligned with our University Mission and vision. This thoughtful planning of our prioritized strategies and action has yielded great progress in the University's key performance indicators.
2009 Total Students Undergraduate Graduate International Minority
2018
2019
4,238 1,260 2,978 7% 8%
4,291 3,291 1,000 9% 12%
4,444 3,432 1,012 9% 13%
Total Full-Time Employees Full-Time Faculty Full-Time Staff
561 196 365
626 229 397
623 242 381
Student-to-Faculty Ratio
13:1
13:1
13:1
Freshman GPA
3.1
3.6
3.6
Freshman SAT
1094
1113
1127
Retention (First to Second Year)
80%
83%
82%
Graduation Rates / 4-year
51%
53%
52%
Graduation Rates / 5-year
64%
65%
64%
373
625
667
1,203
1,339
1,325
77,487
75,021
75,492
88% 98%
94% 95%
96% 97%
1,201
1,121
957
36,179
45,397
46,166
Student-Athletes Students in Gannon Housing Community Service Hours Employed after Graduation or Continuing Education Undergraduate Graduate Students Graduated Alumni Graduates
2018-2019 GANNON UNIVERSITY ANNUAL REPORT
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BOARD OF TRUSTEES
2018 - 2019
Most Rev. Lawrence T. Persico, J.C.L. • Chairperson Bishop of Erie Erie, Pa.
Rev. Msgr. Robert L. Brugger Retired Diocese of Erie Erie, Pa.
Thomas C. Guelcher ’62, ’76M • Vice Chairperson Risk/Properties Director Sisters of Mercy Erie, Pa.
Walter W. Cooper ’85, ’87M Chief Executive Officer Matrix Medical Network Odessa, Fla.
Mark J. Minnaugh ‘81 Secretary Retired Executive VP Giant Eagle, Inc. Allison Park, 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. Eric Brownlee, Ph.D. • Associate Professor, Management President, Gannon University Faculty Senate Erie, Pa.
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Tina M. (Cicchetti) Donikowski ’85 Retired Vice President GE Transportation Systems Erie, Pa. 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.
Stacy M. Juchno ’98 Executive VP and General Auditor PNC Financial Services Group, Inc. Mars, Pa.
James J. Rutkowski, Jr. ’83 General Manager/Treasurer Industrial Sales and Manufacturing, Inc. Erie, Pa.
Hannah Kirby ’10, '11M Business Owner Ember + Forge President, Gannon University Alumni Association Erie, Pa.
James A. Scozzie, Ph.D. ’65 Retired Business Executive Painesville, Ohio
Scott M. Krall ’84 Head of Corporate Environmental Governance Bayer Corporation Pittsburgh, Pa. 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. Rev. Marc Stockton Judicial Vicar Diocese of Erie Erie, Pa. James F. Toohey, Esq. ’56 Partner Quinn, Buseck, Leemhuis, Toohey & Kroto Inc. Erie, Pa.
Thomas J. Loftus ’56, ’74M Retired Business Executive LORD Corporation Erie, Pa.
Margaret A. (Rothgery) VanderLaan ’89 Chief Marketing Officer Encore Electric, Inc. Highlands Ranch, Colo.
Msgr. Edward M. Lohse ’84 Episcopal Vicar Canonical Services Diocese of Erie Erie, Pa.
Kendra Walker • President Gannon University Student Government Association Erie, Pa.
Pierre McCormick ’79 Retired President Wisconsin Distributors, LLC Erie, Pa. Timothy NeCastro ’83 President and Chief Executive Officer Erie Insurance Erie, Pa.
Sr. Mary Ann White, S.S.J. • President Sisters of Saint Joseph of Northwestern Pennsylvania Erie, Pa.
Richard G. Orlando, M.D. ’76 Ophthalmologist/President Columbus Ophthalmology Dublin, Ohio
• Ex-officio Members
Kiran K. Rajasenan, M.D. ’83 Medical Oncologist UPMC Passavant Pittsburgh, Pa.
2018-2019 GANNON UNIVERSITY ANNUAL REPORT
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NON-PROFIT ORGANIZATION U.S. POSTAGE PAID GANNON UNIVERSITY
Gannon University 109 University Square Erie, PA 16541-0001
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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