Geneva College Annual Report 08-09 by Geneva College

2008 – 09 GENEVA

COLLEGE

Annual Report

FROM THE PRESIDENT The 2008-09 fiscal year was one of great challenge and great blessing for the Geneva College community. This annual report lists the facts and figures of the past year, but I would like to take a moment to share a few of the joys and challenges we have experienced as a campus community. When the undergraduate class of 2009 first arrived as freshmen, many of them had to cross the S-Bend of State Route 18 to get to class. But I promised these students that they would graduate from a campus transformed. Now, through God’s grace and your faithful generosity, both the fundraising and construction for Beyond the Bend have been completed. We began campaigning with a target of $7.5 million in 2005 and have raised more than the $8.6 million finally needed to complete the project. We now have a unified campus, a newly renovated football field, an attractive pedestrian plaza, and a stone-and-steel archway that provides a clear main entrance to the college.

In the fall of 2008, the college welcomed more than 450 new students to campus, a 10 percent increase in new student enrollment over fall 2007 and 20 percent over fall 2006. We rejoiced in this success, but we were also aware that the downward economy could take a toll on enrollment numbers for the following year. As we feared, we finished the fiscal year knowing that we would not hit our target enrollment of 450 new students for the fall of 2009. However, we have redoubled our efforts to reach out to students and increase opportunities for financial aid, and we look forward to a strong recovery for the 2010-11 academic year. The college and our students will feel the effects of the recession for some time to come, but we move forward with confidence knowing that God “is able to do immeasurably more than all we ask or imagine, according to his power that is at work within us” (Ephesians 3:20). Your gifts over this past year have made it possible for Geneva to grow, improve, and provide Christ-centered education that changes lives. Thank you for your continued commitment. Blessings,

Kenneth A. Smith ’80 President

Financial Position

Support Geneva’s Mission All over the country, people and institutions are feeling the effects of the economic recession, and Geneva College is no exception. Many students and families are facing changes in their financial situation and must re-evaluate their future at Geneva College. The college itself is making budget cuts, but remains committed to making a high-quality Christ-centered education attainable for students. The college distributes over $9,000,000 in institutional grants and scholarships annually, and has allocated an additional $1,000,000 to financial aid this year. Christian education at Geneva College isn’t just career-shaping, it’s life-changing. But we can’t maintain our campus, our programs or student aid packages without your help. Please join with us by making a financial gift. Help students grow into leaders of excellence, impacting the world for the kingdom of Christ. Click here to give to Geneva College.

STATEMENT OF FINANCIAL POSITION ASSETS

2009

2008

4,563,984

4,652,376

Student accounts receivable, net

583,782

406,480

Pledges receivable

869,426

947,016

2,497,978

2,397,504

372,484

436,503

25,430,176

34,535,615

914,048

1,482,511

37,869,871

34,206,579

359,726

442,079

3,244,024

4,331,236

$76,705,499

$83,837,899

Accounts payable and accrued expenses

3,278,247

2,179,809

Deposits and deferred income

1,980,292

2,327,623

18,874,787

19,990,134

Refundable federal student loan funds

1,812,546

1,819,798

Annuities and life income trust payable

1,614,342

2,092,994

519,673

572,667

$28,079,887

$28,983,025

Unrestricted

15,227,592

15,811,872

Temporarily restricted

18,800,113

25,649,901

Permanently restricted

14,597,907

13,393,101

TOTAL NET ASSETS

48,625,612

54,854,874

$76,705,499

$83,837,899

Cash and cash equivalents

Notes receivable Other receivables Investments Other assets land, buildings and equipment, net Cash surrender value of life insurance Perpetual trusts held by third parties TOTAL ASSETS LIABILITIES

Notes and bonds payable

Postretirement benefit obligation TOTAL LIABILITES NET ASSETS

TOTAL NET ASSETS AND LIABILITIES

STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS 2009

2008

Unrestricted

Temporarily Restricted

Permanently Restricted

Total

Unrestricted

Temporarily Restricted

Permanently Restricted

Total

34,258,202

31,681,671

(10,038,952)

(9,180,949)

(952,953)

(1,144,971)

23,266,297

21,355,751

Grants

1,303,546

574,861

1,878,407

1,425,673

64,190

1,489,863

Contributions

1,040,778

1,209,895

985,290

3,235,963

1,884,762

2,004,105

430,077

4,318,944

204,781

461,125

665,906

2,207,977

734,790

2,942,767

6,993,778

7,054,614

734,376

841,253

33,543,556

2,245,881

985,290

36,774,727

34,770,030

2,803,085

430,077

38,003,192

2,008,062

(2,432,830)

424,768

2,068,393

(2,068,393)

$35,551,618

($186,949)

$1,410,058

$36,774,727

$36,838,423

$734,692

$430,077

$38,003,192

14,503,647

15,020,824

Academic support

2,580,255

2,484,971

Student services

7,610,943

7,371,636

Auxiliary enterprises

6,471,107

7,777,002

31,165,952

32,654,433

Institutional support

2,823,576

2,668,520

Development and communications

1,303,710

1,106,445

Total supporting services

4,127,286

3,774,965

35,293,238

36,429,398

$258,380

$409,025

INCOME & RELEASES Tuition and fees Discretionary discounts Funded scholarships Net tuition

Investment income Auxiliary enterprises Other income Total income Net assets released from restrictions Total income & releases EXPENSES Program Services Instruction

Total program services Supporting services

Total expenses Total unrestricted operating results

STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS 2009

2008

Unrestricted

Temporarily Restricted

Permanently Restricted

Total

Unrestricted

Temporarily Restricted

Permanently Restricted

Total

(186,949)

1,410,058

1,223,109

734,692

430,077

1,164,769

258,380

(186,949)

1,410,058

1,481,489

409,025

734,692

430,077

1,573,794

(336,313)

(205,252)

(541,565)

(540,082)

(14,898)

(554,980)

Realized & unrealized net (loss) gain on investments

(842,660)

(6,326,526)

(7,169,186)

(361,079)

(2,389,283)

(2,750,362)

Total other changes in net assets

(842,660)

(6,662,839)

(205,252)

(7,710,751)

(361,079)

(2,929,365)

(14,898)

(3,305,342)

Change in net assets before effect of Adoption of Recognition Provisions of FAS 158

(584,280)

(6,849,788)

1,204,806

(6,229,262)

47,946

(2,194,673)

415,179

(1,731,548)

Effect of adoption of recognition provisions of FAS 158

548,461

(584,280)

(6,849,788)

1,204,806

(6,229,262)

596,407

(2,194,673)

415,179

(1,183,087)

15,811,872

25,649,901

13,393,101

54,854,874

15,215,465

27,844,574

12,977,922

56,037,961

$15,227,592

$18,800,113

$14,597,907

$48,625,612

$15,811,872

$25,649,901

$13,393,101

$54,854,874

Changes in tempoarily restricted & permamently restricted net assets before other changes in net assets Before other changes in net assets OTHER CHANGES IN NET ASSETS Actuarial adjustment on annuities

Changes in Net assets NET ASSETS Beginning of year End of year

Presidentâ&#x20AC;&#x2122;s Council

THE PRESIDENT’S COUNCIL The President’s Council distinguishes a core group of alumni and friends who provide critical resources to enhance the depth and breadth of Geneva College’s academic and co-curricular offerings. These annual leadership gifts are instrumental in the advancement of the college. PRO CHRISTO SOCIETY CONTRIBUTORS $25,000 & ABOVE Mr. & Mrs. Donald H. Alben ‘52 Donna J. Foster Mr. John W. Goe ‘58 (Dcsd) Mr. Francis Griffin & Rev. Marjorie M. Griffin Marjorie Muldoon ‘45 Mr. & Mrs. Larry K. Griffith ‘85 Kimberly B. Warrington Mr. & Mrs. Joseph M. Hogan ‘80 Lisa B. Huizenga ‘82 Mr. & Mrs. William C. Kriner Susan Walker Dr. & Mrs. W. Clair Merriman ‘29 (Dcsd) Melba H. Brown ‘29 (Dcsd) Mr. & Mrs. Robert N. Peirce Jr. ‘59 Joan C. Weiss Mr. & Mrs. Thomas J. Usher Sandra L. Mort Mr. & Mrs. Dwight E. Wagner ‘68 Kae B. Groshong Mrs. Rachel W. White ‘31 (Dcsd) Ward ORGANIZATIONS Mrs. Rita L. Conrady Estate Huntington National Bank Cecil Smith MacLaughlin ‘26 Estate Mrs. Margaret H. McFerron Redpath ‘15 Estate Miss Grace C. Richards ‘38 Estate Synod of R P Church Thomas J. Usher & Sandra L. Usher Charitable Foundation Vanguard Charitable Endowment Program Mr. Paul E. White Estate

COLLEGE HILL SOCIETY CONTRIBUTORS $10,000-$24,999 Mrs. Clara B. Adams Cawley Mr. & Mrs. David E. Barensfeld Wendy H. Mr. Todd S. Benning ‘82 Mr. & Mrs. Andrew M. Bernard Jr. ‘83 Jane A. MacDonald ‘85 Mrs. Dorothy I. Buck Dr. Francis S. Buck (Dcsd) Mr. & Mrs. Robert T. Clarke ‘67 Marylynn M. Mr. & Mrs. W. Leslie Douglas ‘35 Jean Wallace Mr. & Mrs. David A. Edgecombe ‘45 Mary Louise Mrs. Gerline H. Gehr Mr. & Mrs. J. Richard Kelso ‘48 Todd C. Meyers Mr. & Mrs. John A. Lockley ‘64 Susan Slaughter ‘65 Dr. & Mrs. William O. Martin ‘40 Virginia L. Reinking Mrs. Evelyn P. Rapp Dr. & Mrs. Kenneth G. Smith ‘49 Floy M. Moody Mr. & Mrs. John D. Turner Sally J. ORGANIZATIONS Coca Cola Of Pittsburgh Ellwood Group, Inc. Pioneer College Caterers, Inc. The National Christian Foundation GOLD & WHITE SOCIETY CONTRIBUTORS $5,000-$9,999 Anonymous Mr. & Mrs. Carl W. Brown ‘59 Susan Jo Miller Mr. & Mrs. James R. Buck Margaret Spooner ‘69

Mr. Romao R. & Dr. Melissa K. Carrasco Melissa Plowmaker ‘92 Mrs. Agnes T. Clarke Thorburn Mr. & Mrs. Ronald C. Fisher ‘64 Ruth A. Barrow ‘66 Mr. & Mrs. Paul W. Haynie ‘70 Elaine J. Mr. & Mrs. David A. Howell ‘82 Kelly E. Dailey ‘80 Mr. George W. Jackson ‘55 Dr. & Mrs. Joseph Lamont Jr. Beth R. Robb ‘50 Mr. & Mrs. Elmer C. Laslo ‘70 Barbara A. Beddow ‘70 Dr. & Mrs. Elmer R. Lipp ‘47 Eleanore J. Otto ‘48 Mrs. Muriel J. McCarl Ms. Carolyn M. Mollenkopf ‘62 Mr. & Mrs. David C. O’Leary Roberta K. Reader

THE PRESIDENT’S COUNCIL Mr. & Mrs. James W. Pinkerton Judith K. Mr. & Mrs. Ben G. Rooke Susan P. Perrin ‘75 Miss Marie E. Snead ‘43 Dr. Raymond E. Stephens ‘62 Mrs. Dorothy J. Sterrett ‘42 Bash Mr. & Mrs. George E. Tannehill ‘46 Beverly B. Walley ORGANIZATIONS Advanced Communication Systems Apex Sports Software College Hill RP Church Fidelity Investments Charitable Gift Fund Jendoco Construction Company Melissa K. Plowmaker OD PC The Pittsburgh Foundation TARTAN SOCIETY CONTRIBUTORS $2,500-$4,999 Mrs. Madelyn I. Adams ‘44 Woods Dr. & Mrs. Barry G. Badger ‘67 Virginia A. Hoenstine ‘67 Mr. & Mrs. Gerald R. Bartolomucci ‘60 Marielle Miss Ingrid L. Birdsall ‘67 Mr. & Mrs. G. Reynolds Clark ‘65 Linda W. Walker Ms. Karen M. Coggins ‘67 Macioge Dr. & Mrs. John W. Colavincenzo ‘45 Jane P. Pitzer ‘46 Dr. & Mrs. Douglas E. Dennis Katharine M. McMillan ‘72 Mr. Delos D. Duff ‘33 Mr. & Mrs. Edwin S. Fontaine ‘78 Deborah Mr. C. Harold Hutcheson ‘51 Mr. Fred A. Jackson Jr. ‘48 Mr. Theodore O. Kay ‘71

Miss L. Hope Mangum ‘84 Mrs. Anna M. Martin Mr. William C. Martin ‘43 (Dcsd) Mr. & Mrs. Donald R. McBurney ‘68 Sharyn E. Fenchel ‘72 Mrs. Shirley I. McMillan ‘47 Stewart Mr. & Mrs. Charles T. Polce II ‘67 Diane C. Mr. & Mrs. James D. Roy Ruth H. Mrs. Martha I. Russell ‘44 Irons Dr. William H. Russell (Dcsd) Mr. & Mrs. Mark S. Schaefer ‘95 Rachel A. Curtis Dr. & Mrs. Allen R. Siedle Veronica E. Dr. & Mrs. Kenneth A. Smith ‘80 Rebecca A. McIntyre Mr. C. Ray Steele ‘52 Mrs. Anita S. Wilson Smith Mr. J. Robert Wilson ‘60 (Dcsd) Mr. & Mrs. Duzel D. Yates ‘70 Marjorie S. Curry ORGANIZATIONS Fellowship Homes Inc. Highmark Corporation North Hills RP Church Seattle RP Church SERVANT LEADER SOCIETY CONTRIBUTORS $1,000-$2,499 Anonymous (5) Dr. & Mrs. Donald E. Adams ‘86 Daria A. Novekosky ’86 Miss Christen S. Adels Esq. ‘96 Mr. & Mrs. R. David Ashleigh ‘77 Sarah H. Birdsall ‘78 Mrs. Patricia Albaugh ‘53 Wherry

Mr. & Mrs. Roy C. Albert ‘60 Carol A. Deets Col. & Mrs. Bruce R. Alexander ‘63 Lois M. Edgar ‘63 Mrs. Gwendolyn M. Arbutina ‘55 McCain Mr. Walter J. Arbutina ‘50 (Dcsd) Rev. & Mrs. Bruce R. Backensto ‘69 Kim L. Bettner Mr. & Mrs. Elwood B. Backensto Gladys V. Dr. & Mrs. Thomas M. Baldwin ‘33 Edith L. Mr. & Mrs. Robert Barensfeld Janice E. Mr. & Mrs. William C. Bartels ‘60 Connie Y. Dotson Mr. & Mrs. Robert E. Baumgartner ‘70 Barbara J. Stewart ‘69 Mr. & Mrs. Robert E. Beavin Janet L.

THE PRESIDENT’S COUNCIL Mr. Michael M. Bequette ‘76 Dr. & Mrs. John J. Beres ‘69 Kathryn A. Briggs Mr. & Mrs. David F. Binder ‘56 Deanna J. Mr. & Mrs. Philip N. Breneman ‘03 Rebecca A. Eiler ‘04 Mr. & Mrs. Harold T. Bricker ‘52 Doris J. Smith Mrs. Mary E. Bricker ‘57 Lewis Mr. & Mrs. Lawrence M. Brosius Diane M. Rev. & Mrs. Ronald E. Brown ‘82 Susan R. Radcliffe Mr. & Mrs. Ronald W. Brown ‘54 Madolyn J. Watterson Mr. & Mrs. Richard A. Buck ‘75 Leah Cheng Mr. & Mrs. John A. Capasso ‘79 Carolyn H. Wetzel ‘81 Dr. & Mrs. David M. Carson Margaret W. Weir ‘49 Dr. James D. Carson ‘50 Dr. & Mrs. Norman M. Carson ‘47 Beverly M. Hanson ‘70 Rev. & Mrs. David B. Carver ‘82 Sharon M. Mr. & Mrs. Randy N. Colbert Linda S. Mr. Wilbur C. Copeland Miss Viola H. Curtis ‘50 Mr. & Mrs. William J. Cutri ‘71 Susan W. Wallover Mr. & Mrs. Albert G. Dainton ‘61 Carole M. Loughner ‘60 Mr. & Mrs. Eric W. Davis ‘72 Martha E. Teapole Lt. Col. & Mrs. Harry A. Davis USA Ret. ‘46 Theda M. Houlette ‘48 Ms. Linda L. Duell ‘60 Lewis

Dr. & Mrs. William J. Edgar Gretchen D. Mrs. Theresa L. Edwards ‘41 Love Mr. & Mrs. Thomas P. Ek ‘85 Wilma Sequeira Mr. William R. Feasley ‘70 Dr. & Mrs. Thomas A. Gardner ‘48 Eleanor H. Mr. Donald W. Gouge ‘53 Miss Ruth A. Graybill ‘69 LCDR Peter C. Hakewessell USN ‘88 Mr. & Mrs. Kenneth B. Harman Joan B. Miss Amy R. Hecker Mrs. Jean L. Hemphill ‘43 Linton Mr. & Mrs. George A. Henning ‘68 Carole A. Heath ‘69 Dr. Vivian D. Hewitt ‘43 Davidson Mr. & Mrs. Christopher J. Hilleary ‘72 Melissa L. Mercedes Dr. & Mrs. Joseph D. Hines ‘86 Janet M. Shirley ‘88 Mr. & Mrs. W. Jerome Holscher Elizabeth J. Davison ‘61 Mr. & Mrs. Thomas O. Hornstein ‘54 Catherine C. Mr. Robert B. Houser ‘77 Mr. & Mrs. Eric G. Huber ‘88 Jennifer Lauren Mr. & Mrs. W. Thomas James III Deborah S. Mr. & Mrs. Kevin J. Jean Vickie M. Mr. & Mrs. Lubert F. Jones ‘52 Clara J. Johnson ‘52 Mr. & Mrs. James N. Kennedy ‘47 Eleanor J. Cable ‘49 Mrs. Fern T. Kerr Dr. & Mrs. Robert C. Keys Jr. ‘58 Joyce Regier

Mr. & Mrs. Robert D. Klink ‘51 Dixie O. Mr. & Mrs. Charles M. Knox Jr. Ellen J. Mr. Lucas W. Kriner ‘04 Mr. & Mrs. Mark W. Kuhlman ‘88 Janet D. Myers ‘90 Miss Jinhee B. Lee ‘98 Mr. Alton M. Leger III ‘83 Dr. Norman Lewis ‘38 Dr. & Mrs. R. Gene List ‘54 Virginia I. Wilson ‘59 Mr. & Mrs. Frank A. Lubich Patti Jo Mr. Clarence E. Lynn Jr. ‘52 Miss Joyce E. Lynn ‘61 Mr. & Mrs. Robert H. Lyon Rita A. O’Neill ‘77

THE PRESIDENT’S COUNCIL Dr. & Mrs. Donald A. Magee Sr. ‘47 Vivienne B. Bauder Mr. Brian B. McCarl Mr. & Mrs. F. James McCarl Carol A. Rev. & Mrs. J. Paul McCracken ‘51 Frances G. Gilchrist ‘53 Mr. & Mrs. Michael F. McDaniel Alice J. Dr. & Mrs. W. Joseph McFarland M. Roberta Dill Mr. & Mrs. Alan R. McIntyre Anna R. Mr. & Mrs. William A. McIntyre Kathleen C. Riethmuller ‘73 Mr. & Mrs. Robert M. McKinney ‘59 Joann Mr. & Mrs. Steven C. McMahan Sheryl D. Mr. & Mrs. Kim M. Melton Dorenda L. Mrs. Jean M. Miles ‘38 Gardner Mr. & Mrs. Stephen W. Miller Leslie M. Smith ‘96 Mr. & Mrs. Samuel E. Mizener Mary R. Amos ‘95 Mrs. Lois A. Molt Kolb Mr. & Mrs. Robert A. Morrow ‘59 Luola L. White Mr. Daniel B. Mortland ‘94 Dr. & Mrs. F. Richard Neikirk Anne D. Mr. & Mrs. Michael J. Neiswinger ‘83 Cynthia A. Lazar ‘82 Mrs. Margaret R. North ‘45 Ransom Mr. Jason K. O’Neill ‘05 Ms. Geraldine L. Oehl Mr. & Mrs. Stanley T. Omland ‘79 Nanci J.

Mr. & Mrs. Mark D. Overgaard ‘71 Bonnie Fox Ms. Bonna L. Oyer ‘68 Miss Mary J. Park ‘58 Mr. Jack D. Patton ‘67 Mr. & Mrs. Donald M. Phillips Rebecca J. Carson ‘85 Dr. William H. Pitts ‘46 Mr. & Mrs. Charles H. Pockras Deborah L. Mr. & Mrs. Scott D. Porterfield ‘92 Kelli J. Moore ‘93 Mr. & Mrs. James E. Prince Jennifer J. Mr. David C. & Dr. Evelyn R. Purdy Evelyn Riedel ‘49 Mr. & Mrs. Al Raniero ‘75 Shelly A. Martin Mr. & Mrs. Richard L. Rhodes ‘78 Victoria L. Lewis ‘79 Mrs. Shirley M. Rittenhouse ‘53 Snoke Mr. & Mrs. James R. Ross ‘53 Elinor J. Parry Dr. Mary Louise Russell ‘79 Mr. Timothy D. Schaefer ‘83 Mr. Charles R. & Dr. Betty S. Schaughency ‘52 Betty Sue Carter ‘55 Dr. Michael G. Schneider & Dr. Cheri Schneider ‘80 Mr. & Mrs. Kenneth L. Shaffer Rose L. Sovalo ‘48 Rev. Andrew G. Slade ‘54 Mr. David M. Smith ‘53 Dr. & Mrs. Dean R. Smith ‘65 Nancy I. Falk ‘66 Mr. & Mrs. T. Richard Snedden Phyllis L. Sahli ‘51 Dr. & Mrs. R. Duane Sofia ‘64 Shirley A. Dr. William & Dr. Nancy S. Somers Nancy Story ‘74 Mr. Daniel R. South ‘87

Mr. & Mrs. William A. Staruszkiewicz ‘62 Deborah C. Dr. Bruce C. Stewart ‘45 Mr. Robert S. Strock ‘47 Mr. & Mrs. William A. Thomas ‘68 Beverly A. Mr. & Mrs. Thomas L. Tindall ‘63 Barbara A. Mr. & Mrs. M. John Tino ‘58 Patricia A. Pavuk Ms. Marlene A. Tomasello ‘68 Braun Mr. Frank P. Tronzo Dr. & Mrs. Calvin L. Troup ‘83 Amy L. Spear ‘83 Rev. Robert E. Ulrich ‘71 Mrs. Donna L. Underwood Williams Mr. & Mrs. Edgardo T. Vencio Marlu

THE PRESIDENT’S COUNCIL Mrs. Mildred Vogt Miss Amy L. Ward ‘94 Mr. & Mrs. A. Dale Weaver ‘77 Wendy Smyth ‘77 Dr. & Dr. David A. Weir Bonnie E. Spear ‘88 Mr. & Mrs. John S. Weir Janice M. Dr. Richard B. Weir ‘47 Mrs. Sophia P. White ‘39 Polovina Mr. & Mrs. Keith A. Williamson Victoria F. Mr. John P. Wilson Mr. & Mrs. R. Allen Windham ‘59 Wilma L. Shaw ‘59 Mr. & Mrs. Richard L. Witherite ‘62 Linda Messersmith ‘62 Mr. & Mrs. Thomas M. Yancy ‘60 Susan S. Sentak Mr. Elliott A. Young ‘43 Mr. Walter J. Zuberbuhler ‘42 ORGANIZATIONS Association of Specialty Physicians Inc. Chick-fil-A First Reformed Presbyterian Church of Beaver Falls George Polovina Scholarship Fund IHS Foundation IPSCO Koppel Tubulars Corporation Jendoco Construction Corporation My Sports Dreams NCCAA New Brighton Christian Assembly Omland Engineering Associates Inc. Presbyterian Church in America Foundation Inc Sal’s Ristorante & Bar Second RP Church of Indianapolis

Heritage Society

THE HERITAGE SOCIETY The Heritage Society recognizes the valuable contributions of alumni and friends who include Geneva in their estate and/or financial plans by gifts made through annuities, charitable trusts, gifts of life estates, undivided partial interests in real estate or life insurance, and gifts made through their wills. Members of the Heritage Society recognize the history of the college, share her mission and are committed to helping assure Geneva’s future. Anonymous (18) Patricia Albaugh ‘53 Marina Anania John M. Arthur Thomas M. Baldwin ‘33 Robert Barr Chad E. Baumgartner ‘94 Marcia S. Behun Babs L. Bengtson ‘84 Evelyn L. Birdsall David M. Borland ‘76 Alice R. Bowers ‘53 James L. Bowes ‘48 Richard C. Bowes ‘51 Helen L. Bradford ‘75 Philip E. Bradford Jr. ‘77 Robert I. Brandt ‘56 Dorothy Buck Francis Buck (Dcsd) Margaret S. Buck ‘69 Edward W. Butcher Jr. ‘67 Ferndetta L. Caldwell ‘37 Irving D. Caplan ‘54 Beverly M. Carson ‘70 Norman M. Carson ‘47 Joan L. Chadwick Fleming D. Charlton ‘64 John E. Charlton Judith L. Charlton G. Reynolds Clark ‘65 Lavada S. Cleis Ruth H. Cleland ‘40 (Dcsd) G. Ted Coene ‘52

Karen M. Coggins ‘67 Patricia A. Covert ‘62 David J. Crozier Sr. ‘48 Susan Cutri William J. Cutri ‘71 Lois N. Davie ‘48 Benjamin P. Davies David D. Dickey Alan R. Dodds ‘73 Marjorie M. Doriani ‘45 W. Leslie Douglas ‘35 S. Gertrude Edwards ‘39 (Dcsd) Grace Marie Erath ‘49 W. Dean Esper Jr. ‘77 Clarence Farmer ‘36 David N. Fenchel ‘67 Erna G. Fenchel George W. Fielding ‘53 Helen B. Flack William T. Fleeson ‘49 Joan Lamont Florio ‘50 John W. Foester ‘53 George C. Fugler Anna B. Fulford ‘58 Matthew J. Galbraith ‘88 Paul E. Gallagher ‘49 Eleanor H. Gardner Thomas A. Gardner ‘48 William M. Gardner Sr. Thomas R. Gault ‘79 Gerline Gehr Evanelle I. Geldof ‘59 Clifford D. Glovier ‘76

Deborah L. Glovier ‘79 Wylie T. Graham ‘50 John Gregory Joseph C. Hammond Jr. ‘61 Marilyn J. Hammond ‘59 Harry J. Hartley ‘58 Paul W. Haynie ‘70 Carol L. Hays ‘69 James H. Hays ‘71 Walter J. Helsing ‘42 Alan W. Hemphill ‘64 Jean E. Hemphill ‘43 Robert M. Hemphill ‘38 Vivian D. Hewitt ‘43 Robert B. Houser ‘77 Rose V. Hudak ‘39 C. Harold Hutcheson ‘51 Jeffrey S. Ingros ‘90 Eugene F. Jannuzi ‘36 James W. Kelbaugh ‘51 Victor R. Kelminskis J. Richard Kelso ‘48 D. Scott Kerr ‘71 Diane H. Kerr ‘71 Charles Kershaw ‘98

THE HERITAGE SOCIETY S. Edna King ‘37 (Dcsd) Charlotte E. Kingen ‘58 Robert D. Klink ‘51 Beth R. Lamont ‘50 Joseph Lamont Jr Mary A. Larson ‘36 (Dcsd) Daniel R. LaRue ‘76 Gary K. Liebschner ‘62 Elizabeth Lindsay ‘30 (Dcsd) Paul D. Liscomb ‘37 Cynthia N. Little ‘59 Vincent M. Macioge ‘70 Toni S. Manzetti ‘71 Andrew J. Marcinko Joan N. Marcinko Victor I. Markson ‘34 E. Gary Marshall Linda R. Marshall ‘71 William C. Martin ‘43 (Dcsd) William O. Martin ‘40 Dimitra C. Mathews Jeffrey C. Mathews ‘80 Donald R. McBurney ‘68 Muriel J. McCarl Elenore M. McConaughy ‘39 Donald C. McCune ‘38 Kathleen A. McDaniel ‘75 Constance P. McElroy ‘66 John M. McFarland ‘86 Maribel McKelvy ‘48 Lynn D. McMaster ‘59 Margaret J. McMillion ‘48 Ethel P. Metcalfe ‘37 John M. Mitchell ‘57 Samuel E. Mizener Carolyn M. Mollenkopf ‘62 Madylon B. Moore Ronald G. Morris ‘70 Margaret A. Moser ‘59 Charles E. Murphy ‘46 Shelley A. Murray Richard B. Nehrich Jr. ‘51 Elizabeth E. Niklewicz ‘40

Dennis M. Norman ‘67 Rhonda M. Norman Ronald E. Norman ‘72 (Dcsd) V. Lucinda Norman ‘72 Marianne O’Neill ‘64 Michael A. Oravitz Elsie M. Patterson Louis J. Radnothy Jr. ‘53 Al Raniero ‘75 Shelly A. Raniero Ruth A. Riethmuller Shirley M. Rittenhouse ‘53 Sally M. Rose ‘51 Melvin R. Roush ‘60 Harold M. Ruhl Martha Irons Russell ‘44 William H. Russell (Dcsd) Dominic P. Sciaretta ‘68 Blanche E. Seraphine (Dcsd) J. David Shaw B. Jeanne Shelar Arline R. Siegel ‘52 Donna Lee Siple ‘82 Samuel D. Siple ‘85 Andrew G. Slade ‘54 Helen Jean Smith Inez C. Smith (Dcsd) Jane R. Smith ‘49 John L. Smith Jr. ‘59 Robert A. Smith ‘49 Robert P. Smith ‘65 Agnes M. Smyth Ellen E. Smyth Nancy S. Somers ‘74 Ruth V. Stasko ‘42 James H. Sterrett Marcia P. Summers ‘61

Beverly Tannehill George E. Tannehill ‘46 John D. Turner Thomas J. Usher Marilyn C. VanDyke ‘54 Dwight E. Wagner ‘68 James I. Wallover Virginia C. Webster ‘39 Richard B. Weir ‘47 John H. White ‘58 Norma D. White ‘59 Rachel W. White ‘31 (Dcsd) Sophia P. White ‘39 Florence S. Wiant ‘29 (Dcsd) John B. Wick ‘78 Robert J. Wilkison ‘42 Laura Jannuzi Wilson ‘32 Paul A. Winder ‘54 Linda M. Witherite ‘62 Richard L. Witherite ‘62 L. Arthur Womer Jr. ‘59 Richard J. Yanessa ‘62 Elliott A. Young ‘43

John Black Johnston Society

THE JOHN BLACK JOHNSTON SOCIETY The John Black Johnston Society honors those who have invested at least $500,000 in the promise of Geneva College. With extraordinary vision and faith, John Black Johnston, a Reformed Presbyterian pastor, founded Geneva College as Geneva Hall on April 20, 1848 in Northwood, Ohio. Geneva opened with two faculty and 42 students, with Johnston serving as the first President. To those named here, who have given of their time, talent and treasure at such bold levels, in the spirit that inspired John Black Johnston, we dedicate this tribute with gratitude as an example to all generations of Genevans to come.

Anonymous (4) Ralph B. & Sarah J. Alexander John & Emma C. Blandford William E. & Rita L. Conrady Charles W. & Joanne D. Denko Paul E. & Dollena K. Drane Florus W. & Esther B. Gordon Eugene F. & Margaret Moltrup Jannuzi Joseph & Beth R. Lamont William & Blanche Cook Lushear Earle R. & Cecil S. MacLaughlin W. Clair & Melba Brown Merriman Peirce Family Foundation

Charles W. & Elda V. Perz William E. & Evelyn P. Rapp Alfred & Blanche Seraphine The Lilly Endowment, Inc. The Pew Charitable Trusts United States Steel Foundation Inc. James I. & Marjean W. Wallover Paul E. & Rachel W. White Matthew J. & Anne C. Wilson

Tower Society

THE TOWER SOCIETY The Tower Society recognizes and honors those individuals, foundations, businesses, organizations and corporations that have made lifetime gifts of $25,000 or more to Geneva College. Their philanthropic leadership demonstrates a shared commitment to excellence in Christian higher education. On behalf of the many students who have already benefitted from their generosity and for generations of students to come, we express sincere gratitude. Anonymous (5) D. Ross & Clara Adams Roy M. & Madelyn W. Adams George H. & Alberta C. Adamson Aetna Foundation Donald H. & Donna J. Alben Alcoa Foundation Ralph B. & Sarah J. Alexander William M. & Ruth M. Allison Charles A. & Marie J. Anderson James T. & Helen H. Anderson Applied Energy Services, Inc. ARCO Foundation Armco Foundation Armstrong World Industries, Inc. Robert W. & Hazel M. Auxier Ayco Charitable Foundation Babcock and Wilcox Company Barry G. & Virginia H. Badger Michael Baker Corporation Dennis W. & Eileen Bakke Lillie R. Balph Gerald R. Bartolomucci Beaver County Corporation for Economic Development Joseph M. & Marcia S. Behun Bell Telephone Company of Pennsylvania Ben Franklin Partnership Claude Worthington Benedum Foundation Todd S. Benning Andrew M. and Jane A. Bernard John & Emma C. Blandford J. Wendell Blevins, M.D.

James L. Bowers Elizabeth H. Brandon Dr. & Mrs. Robert I. Brandt B.R.A.V.E. Riders Harry & Esther Park Brayton Harold T. & Doris J. Bricker Charles A. Brockmiller Brooks Foundation D. & T. Brooks, Inc. John H. Brooks & Sons, Inc. J. Douglas & Mildred E. Brooks Viola M. Brooks Broomall R. P. Church Carl Wood Brown Ida Brownfield Harold A. & Lucille D. Bruce Francis S. & Dorothy I. Buck The Buhl Foundation Gertrude T. Campbell Anna-Mary Carpenter David M. & Margaret W. Carson Floyd H. & Lucile D. Carson Norman M. & Beverly M. Carson John & Virginia K. Carver G. Reynolds & Linda W. Clark William E. & Linda L. Clark Edwin C. & Agnes T. Clarke Robert T. & Marylynn M. Clarke John W. & Jane P. Colavincenzo College Hill R. P. Church Colt Industries, Inc. Columbia Gas of Pennsylvania William E. & Rita L. Conrady Consolidated Natural Gas Company Foundation Earle M. & Margaret Peters Craig Charitable Trust Louis E. Creighton David J. Crozier, Sr.

William J. & Susan W. Cutri Clayton C. & Jane S. Daley Paul G. & Beatrice J. Daubenspeck William R. & Lois N. Davie E. J. Deal S. J. Deal S. M. Deal Carolyn Edgecombe Deming Charles W. & Joanne D. Denko Douglas & Katharine McMillan Dennis DeSanzo Family Foundation Hattie Dodds DeVries Blair I. & Ruthalene F. DeYarmin Fred W. Dixon Max & Marjorie M. Doriani John A. & Ruth A. Douds W. Leslie & Jean Douglas Paul & Dollena K. Drane Delos D. & W. Grace Duff Cedric E. & Martha G. Dunn Dorothy G. Dunn James K. & Bessie I. Dunn Duquesne Light Company

THE TOWER SOCIETY Elizabeth Shade Earney J. D. & Lucile D. Edgar John O. & Ida L. Edgar John P. & Carol M. Edgar David A. Edgecombe Charles & Joanna Mae Edie S. Gertrude Edwards Dr. Thomas L. & Theresa Love-Edwards Ellwood Group, Inc. Telford F. & Mary Elizabeth Eppley Robert J. Evans Federal Home Loan Bank of Pittsburgh Fellowship Homes, Inc. William R. Flinn II Ira M. & Emma L. Flocker Joan M. Florio The Ford Foundation Ford Motor Company Foundation for Independent Colleges, Inc. Olga D. Fowler James L. Gardner, Sr. Wesley M. & Lillian I. Gault John M. & Gerline H. Gehr General Electric Foundation General Motors Foundation The Geneva Foundaton Geneva R. P. Church Geneva Women Robert W. & Mildred D. George Larry W. Gettens Rochester/Chippewa Giant Eagle Louise Smart Gibson Lawrence B. Gilmore Paul H. Gilmore J. Howard & Martha H. Gilroy The Goedeker Foundation Jane E. Golden Golden Tornado Organization Florus W. & Esther B. Gordon Margaret S. Graham Paul R. & Phyllis Graham Larry K. & Kimberly B. Griffith Philip L. & Evelyn B. Griffiths

Gulf Oil Corporation Foundation J. Jane Haggart Elizabeth M. Hagman Richard R. Hammond Robert K. & May L. Hanson The Harmony Society Joseph W. & Marilyn Y. Harpster Kenneth E. & Dee A. Hartman John C. & Ruth Abbott Hecker H. J. Heinz Company Foundation Howard Heinz Endowment Walter J. & Gay S. Helsing Robert M. & Helen L. Hemphill Willard E. & Jean L. Hemphill William D. Hettenbaugh John H. & Vivian D. Hewitt Helen Patterson Hill The Hillman Foundation, Inc. Wilbert G. & Louise R. Hoefling Arthur C. & Dorothy Hoenstine Joseph M. and Lisa B. Hogan Wilson E. & Rhoda Holbein The Hoyt Foundation Margaret Bell Huddleston Carl O. & Anna F. Hughes Paul A. & Martha S. Hughes Huntington National Bank C. Harold Hutcheson Chester T. & Ada M. Hutcheson Martha L. Hutcheson IBM International Foundation Illinois Tool Works Foundation Fred A. Jackson Jr. George W. Jackson Eugene F. & Margaret M. Jannuzi Jendoco Construction Corporation Johnson & Johnson Benjamin F. Jones III

Robert T. & Marie M. Jones Sidney A. Kane James S. & Debra Kappel A. Karnavas Foundation D. William & Pearl W. Kelso J. Richard & Carole M. Kelso James N. and Eleanor J. Kennedy D. Scott & Diane H. Kerr Lester E. & Gertrude E. Kilpatrick Elizabeth Slear King Kingâ&#x20AC;&#x2122;s Medical Company Robert D. & Dixie O. Klink Agnes A. Knowles Koppel Steel Corporation The Kresge Foundation, Inc. William C. & Susan W. Kriner Joseph & Beth R. Lamont William J. & Amelia B. Lamont James G. & Mary A. Larson Guy J. & Ysleta R. Lateano Lawnvue Acres Adella T. Lawson Gertrude Lee

THE TOWER SOCIETY Stewart M. & Ann G. Lee Norman Lewis, M.D. Eli Lilly & Company The Lilly Endowment, Inc. Lilly Fellows Program Charles J. & Elizabeth Lindsay Mary E. Linton Elmer R. & Eleanore J. Lipp Paul D. Liscomb R. Gene & Virginia I. List Local Initiatives Support Corporation John A. and Susan S. Lockley Los Angeles R. P. Church Mary V. Louden Wayne S. & Mary S. Luce William & Blanche E. Lushear Gaynelle R. Lyons Jack R. Lyons Robert G. & Agnes L. Lyons Agnes E. Lytle Ethel M. Lytle Arthur E. & Rebecca S. Macartney Clarence E. Macartney John R. & Lucille E. Macartney Ronald B. & Emily P. Mackall Earle R. & Cecil S. MacLaughlin Andrew J. & Joan N. Marcinko Victor I. & Dorothy I. Markson Ruthellen Marshall Carl W. & Jane S. Martin William C. & Anna M. Martin William O. & Elizabeth J. Martin Donald M. & Janet Mayton Donald R. & Sharyn E. McBurney Foster & Muriel P. McCarl Robert K. & Elenore M. McConaughy Donald C. & Margaret M. McCune Wilbur J. & Margaret McElroy William A. & Kathleen C. McIntyre Robert Forbes McIsaac David & Mary Elizabeth Gregg McKee Wilburt S. & L. Verne McKee Willard G. & Shirley Stewart McMillan

Theodore M. & Margaret Jane McMillion Ray A. McQueen R. K. Mellon Family Foundation Debbie J. Melone W. Clair & Melba Brown Merriman William K. & Ruth D. Metcalfe Richard T. & Pat Metheny MidWest Athletic Coaches Association Dale & Holly (Fowlow) Miller Edith A. Miller William H. & Illene R. Miller William N. & Setonia B. Mitchell Samuel E. & Mary R. Mizener Carolyn Metcalfe Mollenkopf Earl A. Moore Edward J. & Nellie B. Moore P. M. Moore Foundation Frank H. & Lillian N. Morrow David Blair & Shelley Ann Murray Mustard Seed Foundation Earle F. Myers The National Christian Foundation National City Bank of PA National Science Foundation Charlotte W. Newcombe The Charlotte W. Newcombe Foundation North Hills R. P. Church James H. & Jean C. Nye Beverly J. Oâ&#x20AC;&#x2122;Leary David C. & Roberta R. O Leary Dennis E. & Karen L. Olson Richard L. Ostrom Bonna L. Oyer PNC Charitable Trust Committee D. Raymond & Ruth Park Mr. & Mrs. Samuel C. Parris Peirce Family Foundation Charles W. & Elda V. Perz

Howard M. & Sally A. Peters The Pew Charitable Trusts Pfizer Inc. James W. Pinkerton John E. & Janet C. Pinkerton Pioneer College Caterers, Inc. Pitcairn Crabbe Foundation Pittsburgh Tool Steel Pittsburgh Tube Company Procter & Gamble Fund John D. & Dorothy K. Preston L. G. & Ethel M. Pritz J. Edwin & Edna C. Purdy Louis J. Jr. & Shirley A. Radnothy Eugene W. & Lucille P. Ramsey Beverly J. Rapp William E. & Evelyn P. Rapp Clyde A. & Carabel D. Redpath Robert W. & Margaret H. Redpath William C. & Dorothy J. Reed The John Reeves, Sr. Family Harry F. & Victoria Reid Republic Steel Corporation

THE TOWER SOCIETY Ridgefield R. P. Church J. Merrill & Eleanor Cupp Robb John M. & Caroline Robinson Rohm & Haas Company Ben G. & Susan P. Rooke Rose Point R. P. Church Russell S. & G. Betsey Rosenberger Jay & Ruth Roy Harold M. & Rachel H. Ruhl John D. & Elsie Russell William H. & Martha I. Russell Edward A. & Helen P. Sahli Marjorie Edith Sanderson W. Kenneth & Marjorie E. Sanderson John N. & Mary Louise Sawyer Scaife Family Foundation Sarah Scaife Foundation Michael G. & Cheri Schneider Seattle R. P. Church Oscar & Augusta Seidel Alfred & Blanche Seraphine Shawnee R. P. Church Robert & Edna E. Sheehan Shell Oil Company Foundation Hazel M. Shiring Norma A. Shiring Allen R. & Veronica Siedle Samuel D. III & Donna L. Siple Douglas L. Smith Elwin G. & Inez C. Smith Gail P. & Martha Smith Kenneth G. and Floy M. Smith Richard I. Smith Vernon C. & Jane R. Smith Walter L. Smith Agnes M. & Ellen E. Smyth Marie E. Snead Charlotte A. & John R. Snowberger Daniel R. South Drs. William & Nancy Story Somers Robert C. & Lois C. Springer Standard Specialty Steel Company Mike F. & Ruth V. Stasko

Staunton Farm Foundation C. Ray & Barbara B. Steele Raymond E. Stephens Charles S. & Dorothy Bash Sterrett Superior Drawn Steel Company Synod of The Reformed Presbyterian Church, N. A Synod Of The Trinity Synodical Womenâ&#x20AC;&#x2122;s Missionary Fellowship of RPCNA Inez Taggart Marie Taggart George E. & Beverly Tannehill Otis B. & Ruthanna S. Tannehill The Teagle Foundation, Inc. William G. & Elaine S. Thomas Norman D. & Charlotte H. Thomashefsky Raymon & Ladeine Thompson Time, Inc. Thomas L. Tindall M. John Tino Topeka R. P. Church Orville T. & Ada R. Torrence Charles B. & Grace W. Turek John D. & Sarah J. Turner The UPS Foundation Thomas J. & Sandra L. Usher USX Foundation, Inc. Marilyn C. Van Dyke Donna J. Vohar Edward C. & Muriel S. Wachter Frances E. Waddle Mary M. Wade Dwight E. & Kae B. Wagner J. Frank & B. Olive Walker Wallace Genetic Foundation Inc. James I. & Marjean W. Wallover Walton R. P. Church

Westinghouse Electric Corporation Westinghouse Foundation John & Ethel White John H. & Norma D. White Paul E. & Rachel W. White Sophia Polovina White Arthur V. & Janice T. Whittaker Florence S. Wiant Jeffrey & Kathleen Hayes Wildrick Helen M. Willson Matthew J. & Anne C. Wilson Ruth W. Wilson Roger Alan & Wilma Shaw Windham Richard L. & Linda M. Witherite Carl Wolfe David H. & Ann L. Wollman Thomas P. & Shirley Woolaway Frank P. & Kathleen A. Worbs Thomas M. & Susan Yancy Duzel D. Yates Norman G. & Marjorie P. Young Robert M. & Nell M. Young Louis & Ruth Zeiden