President’s Report 2016
A Message From The President On October 28, at 1:10 p.m., we announced the public phase of Be Hendrix, the largest campaign in the College’s history. The announcement’s timing was a nod to our campaign’s $110 million monetary goal. More importantly, calling our campaign Be Hendrix is an honest expression of all we need to be and what we want to accomplish. Too often these days, higher education fundraising emphasizes the “state-of-the-art” and eye-popping superlatives, which signal the academy’s arms race for flash and sizzle but contribute precious little of substance to teaching and learning. Meanwhile, Hendrix College, always an outlier, has continued to earn high marks – leaping 10 spots in this year’s U.S. News & World Report Best Colleges rankings – without the country club atmosphere and velvet rope privilege many institutions are creating on their campuses. Be Hendrix represents a renewed commitment to the endless promise of a rigorous liberal arts education and to the timeless values – academic excellence, character, community, and opportunity – that have distinguished Hendrix for more than a century. Through Be Hendrix, we will increase endowed scholarships to keep a Hendrix education affordable for all students. We will provide new resources for our faculty to inspire and challenge students to reach their fullest potential. We will expand internship and other hands-on learning opportunities that prepare our graduates for life after Hendrix. We will support the growing diversity of our campus with programs that nurture an inclusive community and provide opportunity for all students to experience success. And we will connect the arts and the residential experience with a new mixed-use Creative Quad in the heart of campus. Whether you’re a loyal Hendrix Annual Fund donor, an Altus Bell Society member, an endowed scholarship supporter, or an engaged alumnus who hosts Hendrix students as interns at your office or assistants in your research lab, thank you. We cannot Be Hendrix without you.
Sincerely,
William M. Tsutsui President and Professor of History
2015-2016 Financial Information Unaudited results from the fiscal year beginning on June 1, 2015 and ending on May 31, 2016.
51,861,423
Tuition and Fees
12,630,247
Room and Board
(35,806,742)
Less: Scholarships and Financial Aid
28,684,928
Net Student Revenue Annual Fund Endowment Draw Other Sources
1,966,448 8,700,000 1,664,198 41,015,574
Total Revenues 12,911,563
Instruction Academic Support Student Services
2,387,410 7,510,670
Institutional Support
6,241,108
Plant O&M
5,923,270
Auxiliary Services Interest
3,917,297 2,124,256 41,015,574
Total Expenses
2016 Highlights #72 Endowment Value of the endowment on the last day of the fiscal year provides a snapshot of the financial health of the College’s investments through time.
in the 2017 U.S News & World Report
“Best National Liberal Arts Colleges” (advancing 10 spots from last year)
#4 “Most Innovative” National Liberal Arts College Distinguished Scholars
4 Hendrix 2016 graduates received student Fulbright awards.
2016
$186,790,000
2015
$185, 541,373
2014
$179,660,000
2013
$177,854,000
2012
$155,639,000
English Professor Dr. Carol West received a $89,270 U.S. Department of Education grant to support a five-week Fulbright-Hays Group Project Abroad summer trip to Rwanda.
The Murphy Scholars program launched last year with 20 inaugural scholars.
63 students (19.5% of Hendrix sophomores) applied this year. 25 sophomores selected for the newest class of Murphy Scholars in Literature and Language.
Hendrix alumna and Board of Trustees member Carolyn L. Miller '74 with President Bill Tsutsui.
Our campaign makes no compromises on the liberal arts tradition and the focus on the whole person that have defined us and focuses us simply on being the best that we can be, as an institution, as a community, and as individuals forever tied to the place, the spirit, and the high expectations that make Hendrix Hendrix. William M. Tsutsui Be Hendrix campaign announcement, October 28, 2016
New Gifts This fall, Hendrix completed a $1 million Mabee Challenge to fund the new Welcome Center. Hendrix alumna and Board of Trustees member Carolyn L. Miller '74 and her husband David provided the initial support for the Creative Quad with a $5 million gift from the David B. Miller Family Foundation. The Windgate Charitable Foundation of Siloam Springs awarded a $10 million grant ($6M endowment, $4M construction) to fund the Windgate Museum of Art in the Creative Quad.
Coming Up Scholarships & Financial Aid – Keeping a liberal arts education at Hendrix within reach for all students, as well as strengthening the Hendrix Arkansas Advantage and Hendrix Aspire scholarship programs. The Center for Inclusive Community – Programming, training, and support for all students to feel connected and experience success at Hendrix. The Center for Career Services – High-touch advising plus increased networking, shadowing, mentoring and internship programs through on-campus partnerships and a network of alumni, parents, Trustees, and employers. The Center for Teaching and Learning – Pedagogical research-focused programming; new hands-on learning opportunities for students; and new experiences with cutting-edge pedagogies and increased peer exchanges on effective teaching practices for faculty.
Total Goal
$110 million
Learn More
Visit the Be Hendrix webpage and watch a short video outlining the campaign goals. www.hendrix.edu/behendrix/
Give Now
Call 501-450-1223 to talk with us about how your support can help us Be Hendrix. www.hendrix.edu/behendrix/give/
Funds Raised
$73
million
Be Greener
A tree planted to marked the start of the Be Hendrix campaign is the first of many we will plant as we pass milestones along the way to our $110 goal.
Hendrix College Board Of Trustees November 2016
Rev. Ellen A. Alston ’82 Sulphur, Louisiana
Mrs. Jan Hundley ’80 Little Rock, Arkansas
Rev. Deidre Jo Roberts Little Rock, Arkansas
Ms. Wendy R. Anderson ’93 Washington, D.C.
Mr. Roger G. King ’76 Larchmont, New York
Mr. Martin W. Shell ’80 Stanford, California
Dr. Joseph H. Bates ’54 Little Rock, Arkansas
Mr. David A. Knight ’71, Chair Little Rock, Arkansas
Ms. Elizabeth Small ’81 Little Rock, Arkansas
Ms. Ruth H. Bernabe ’81 Memphis, Tennessee
Rev. Mark McDonald ’88 Conway, Arkansas
Rev. Roy P. Smith ’77 Russellville, Arkansas
Ms. Jo Ann Biggs ’80 Dallas, Texas
Mr. Allen D. McGee ’61 Delray Beach, Florida
Rev. William B. Smith ’63 Dallas, Texas
Mr. Barry Blake ’91 New York City, New York
Mrs. Carolyn Miller ’74 Dallas, Texas
Mr. Terry Joe Ticey ’80 Minneapolis, Minnesota
Mr. Albert Braunfisch ’86 Little Rock, Arkansas
Mr. Charles D. Morgan Little Rock, Arkansas
Dr. William M. Tsutsui Conway, Arkansas
Mr. Theodore H. Bunting Jr. ’81 New Orleans, Louisiana
Bishop Gary Mueller United Methodist Conference Little Rock, Arkansas
Mr. H. Randy Wilbourn ’68, Vice Chair Little Rock, Arkansas
Dr. Charles M. Chappell ’64 Little Rock, Arkansas Rev. Pamela J. Estes Magnolia, Arkansas Rev. David Fleming ’84 Hot Springs, Arkansas Dr. Hayden Franks ’89 Little Rock, Arkansas Mr. Joe R. Goyne III ’69 Dallas, Texas Mr. Kenneth Gunderman ’93 Little Rock, Arkansas Dr. Joe G. Hollyfield ’60 Cleveland, Ohio
Mr. R. Madison Murphy ’80 El Dorado, Arkansas Mr. Henry E. Neely II ’83 Dallas, Texas Rev. Victor H. Nixon ’62 Little Rock, Arkansas Dr. Paula Norwood ’68 Longboat Key, Florida Rev. James Polk ’79 Little Rock, Arkansas Mr. Walter Owen Pryor ’87 Rolling Meadows, Illinois Mr. Martin M. Rhodes ’72 Little Rock, Arkansas
Mr. William H. Wilcox Addison, Texas Mr. Darrin L. Williams ’90 Little Rock, Arkansas Judge B.R. Wilson ’62 Little Rock, Arkansas Mr. Larry T. Wilson Jacksonville, Arkansas Dr. Anne Jo Goldberg Conway, Arkansas Faculty Representative Mr. Peter Butler ’17 Naperville, Illinois Student Representative
Campaign Committee Joe Goyne ’69, co-chair
Kenny Gunderman ’93
Hank Neely ’83
Jan Hundley ’80, co-chair
David Knight ’71
Derrick Smith ’97
Luke Duffield ’91
Tim Lomax, parent ’12
Bo Frazier ’81
Barbara Moore ’63
1600 Washington Avenue Conway, Arkansas 72032 www.hendrix.edu