2014 - 2015 President's Report

PRESIDENT’S REPORT 2014 -2015

TABLE OF CONTENTS PRESIDENT’S LETTER. . .......................................................................................3

GOAL 1: A DISTINCTIVE LEARNING HERITAGE................................................ 4

GOAL 2: A DISTINCTIVE LEARNING ENVIRONMENT.................................... 14

GOAL 3: A DISTINCTIVE LEARNING DYNAMIC.............................................. 28

CELEBRATIONS. . ............................................................................................... 38

NOTABLE LECTURES........................................................................................ 39

RANKINGS........................................................................................................ 42

FACULTY AWARDS............................................................................................ 44

NEW ADMINISTRATORS.................................................................................. 44

FINANCIAL REPORT......................................................................................... 45

BOARD OF TRUSTEES...................................................................................... 51

ADMINISTRATION. . .......................................................................................... 52

PRESIDENT’S REPORT 1

PRESIDENT’S LETTER 2

PRESIDENT’S REPORT

TO THE MANHATTAN COLLEGE COMMUNITY — It is my pleasure to report on some of the most important accomplishments of the past academic year, as we look forward with great hope to the future.

The future is very much on our minds these days, as 2014-2015 was a year in which we devoted a good deal of time and energy to two integrated projects that together will chart the course of the College both in the near term and for the next quarter century — the next phase of our strategic plan, Renewing the Promise (2015-2020), and a comprehensive Campus Master Plan.

The plans set a clear and bold course for making a strong institution even stronger: capitalizing on our core assets as a Lasallian Catholic college in New York City; developing our capacity to respond to emerging needs in the higher education landscape; using technology judiciously to diversify our curricula and serve a broad range of students; and assuring that we will have the facilities we need to deliver the best possible educational experience for our students.

The Master Plan envisions strategic upgrades of our learning and living spaces throughout the campus, with particular focus on our science, technology, engineering and mathematics (STEM) facilities. At the center of the plan is the rejuvenation and expansion of Leo Hall and the development of a true south campus with the “new Leo” as its focal point. The plans really are very exciting. They are ambitious — as is appropriate for a forward-looking institution like Manhattan. But they are also, I believe, realistic and achievable. I look forward to sharing details with you in the coming months and years.

Significant work has already begun in the former Dante’s Den (Thomas Hall), formerly a dining space that was made redundant by new facilities in the student commons. By the end of spring semester, we will open in this space a new “one-stop shop” for select student services, providing an accessible and centralized space for offices currently dispersed around the campus, including the Center for Academic Success, Center for Career Development, Graduate Admissions, and Financial Aid. We’re also looking forward with great anticipation to the installation of the De La Salle stained glass windows this spring, after many months of restoration and preparation. The windows come to us from the former Christian Brothers’ Novitiate in Barrytown, N.Y. Thanks to the work of many and to a joint fundraising campaign with the District of Eastern North America, these glorious works of art depicting the life and legacy of Saint John Baptist de La Salle will soon have a new and fitting home in the Chapel of De La Salle and His Brothers.

Looking back at major successes, we, of course, need to acknowledge the tremendous addition to our campus this year of the Raymond W. Kelly ’63 Student Commons. The Kelly Commons opened on time and on budget, thanks to the dedication and generous donations of our Jasper family. As you’ll read later in this report, the building has provided us with a true campus hub, giving us the space we need to achieve many of the curricular and cocurricular goals of the strategic plan.

In addition, you’ll find in the following pages ample evidence of our continuing efforts to build upon the core strengths of the strategic plan. Selected accomplishments from the past academic year are organized under three headings, which are the three core goals of Renewing the Promise, Phase II (2015-2020): a distinctive learning heritage, a distinctive learning environment, and a distinctive learning dynamic.

It is definitely an exciting time in the history of the College. I hope that you enjoy this overview of how we are working every day to build the future of this great institution.

PRESIDENT’S REPORT 3

A DISTINCTIVE LEARNING HERITAGE

IN THE FIRST CORE GOAL, A DISTINCTIVE LEARNING HERITAGE, THE STRATEGIC PLAN AFFIRMS:

“We will advance learning by ensuring the vitality and visibility of our distinctive core identity as Catholic and Lasallian throughout the College.”

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PRESIDENT’S REPORT

In pursuit of this goal, the College will continue to

professional lives. It’s the work of our mission, and

promote an inclusive understanding of the Catholic

the College’s commitment to its heritage is visible

intellectual, social and educational tradition, and the

throughout campus, but it’s especially evident in

legacy of Saint John Baptist de La Salle. We commit

Manhattan’s Campus Ministry and Social Action

ourselves to supporting an academic and cocurricu-

(CMSA) department, which is continuously

lar environment that assists students in developing

exemplifying and enhancing programs for civic

a mature understanding of the relation of faith

engagement, and fostering a deeper connection to

to reason, emphasizing the importance of civic

our Lasallian legacy.

engagement and social justice.

It’s a goal that informs all that we do and strive for at the College because we want our students to leave Manhattan with strong Lasallian values — principles they will draw upon throughout their personal and

Among the various new initiatives developed by CMSA this past year was a new conversation series to encourage students and faculty to speak openly about faith, values, relationships and love in an

informal setting. The program’s unique name — Agape Latte — combines the Greek word agape, which roughly translates to “love that seeks nothing in return,” with a nod to the program’s coffeehouse setting. In February, more than 50 guests gathered in Jasper Lounge for the College’s first Agape Latte event, which featured live music, coffeehouse fare and guest speaker Shawn Ladda, professor of kinesiology. By April, word had spread, and guest speakers Robert and Jovita Geraci, professors in the religious studies department, delivered a much anticipated talk titled, Tattooed in the Spirit, to a capacity crowd of 150.

The Lasallian Outreach Collaborative (L.O.Co.), a weekly community service organization that partners with local community-based organizations in the Bronx and greater New York City area, was another new and highly anticipated program. Students involved in L.O.Co. participate in ongoing, sustainable, weekly service work throughout the year with various local community organizations, and work to create lasting social change by responding to the expressed needs of our community partners.

With more than half of the student body partaking in community service, the CMSA team understands that not every student can sustain ongoing service work, and some may prefer activities that don’t require a lengthy time commitment. So the Service on Saturdays program was created. These are one-time service opportunities open to the entire student body, and have included projects such as: packing food with City Harvest; working on home construction with Friends of Rockaway and Habitat for Humanity; or serving a meal at POTS (Part of the Solution); and doing community gardening with Friends of Van Cortlandt Park. These Service on Saturdays events are great introductions to the local community for students, as well as a convenient entre into participating in service projects.

Speaking of service days, as the nation celebrated Martin Luther King Jr.’s birthday on Jan. 19, the Jasper community also planned its first-ever Day of Service to honor King’s legacy. Drawing parallels between the College’s Lasallian mission and King’s call to serve others, CMSA organized the Day of Service and encouraged individuals and groups of students to sign up for projects around the city.

While more than 75 students signed up to take part, an unforeseen snowstorm forced many of the service sites A new Service on Saturdays program was created this year, offering students one-time service opportunities with local community organizations.

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PRESIDENT’S REPORT

to cancel programming. Despite the weather, 25 resilient Jaspers were still able to participate in bagging and distributing food at a City Harvest mobile market, helping

President of Albania Calls on the College Bujar Nishani, president of the Republic of Albania, paid a visit this spring to Manhattan College, where he provided insight on how his country has become a model for peace throughout the past several decades and taught a valuable lesson on acceptance.

“If respect is in your heart, your culture and your tradition, and you try hard to exercise respect for others, that is the fundamental for co-existence, harmony and tolerance,” he told members of the College community who attended an invitation-only event on May 7 in the Raymond W. Kelly ’63 Student Commons.

Nishani came to the College as part of a three-day trip to the U.S. While on campus, he addressed the students, faculty and staff who participated in a Q-and-A session led by Director of the College’s Holocaust, Genocide and Interfaith (HGI) Center, Mehnaz Afridi.

His visit to the College followed an HGI Center exhibition that appeared on campus in 2012. Entitled Besa: Muslim Albanians Who Rescued Jews During the Holocaust, the exhibition included photography that featured the country’s inhabitants rescuing Jews during the Holocaust.

“Manhattan College and the HGI Center have kept and are fulfilling our promise and call for the acceptance of all faiths. We have our own promise and code of honor that commits to faith in the presence of God and a respect for all people,” Afridi said.

The College community also can look to Albania for examples of tolerance, particularly during the past century, according to Nishani.

“At the end of World War II, Jews in Albania were not persecuted, nor did they become victims of discrimination; on the contrary, they were sheltered, protected and respected,” he said.

In line with statements heard during Nishani’s visit was an interfaith prayer from Brother Jack Curran, FSC, and remarks from President Brennan O’Donnell, who tied the Albanian president’s ideals with those honored by the Manhattan community.

(This page) As a Lasallian Volunteer, John Tudisco ’15 is serving as a student support coordinator at San Miguel High School in Tucson, Arizona. (Opposite page) Engineering students learn and serve with their peers from the Universidad La Salle in Mexico City.

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low-income individuals prepare their income tax

prepares students for lives of personal development,

returns, and cleaning for their elderly neighbors at

professional success, civic engagement, and service

the Methodist Home.

to their fellow human beings.

In addition, new Community Based Learning

As a powerful testament to this spirit and

initiatives (also known as service learning) were

commitment to serving others among our

in formation this year. Community-based learning

students, the graduating class of 2015 blessed

incorporates meaningful community engagement

and “commissioned” seven of its members who

within an academic course. The professor, students

were embarking on a year or more of service

and community partners join in a mutually beneficial

post-graduation. Kelly Cousins teaches English

relationship that responds to expressed needs of

in China with the Ameson Foundation. Charlene

the local community and provides an intellectually

Frankini joins the Jesuit Volunteer Corps to

engaging experience for students. In supporting

teach second grade on an Indian reservation in

Manhattan’s mission, community-based learning

Montana. Kaylee Gendron serves in Americorps as

PRESIDENT’S REPORT

a community engagement coordinator with children

also traveled far and wide this past year to help

in Portsmouth, N.H. Sheena Mullan joins the

those less fortunate around the globe.

Lasallian Volunteers to serve at the Catalyst Schools in Chicago as an instructional assistant. Lindsey Pamlanye also joins Lasallian Volunteers and teaches and mentors at St. Raphael Academy in Pawtucket, R.I. Savio Paul enters Cathedral Seminary, where he will begin studies for the priesthood. John Tudisco moves on to a position with the Lasallian Volunteers in Tucson, Ariz., where he is a student support coordinator at San Miguel High School.

In January, 12 students from the College’s School of Engineering celebrated the holiday season by giving gifts of toys, clothing and safe drinking water to refugees in Mexico City. This transformative experience was part of an 18-day, three-credit study abroad course, Transport Phenomena, led by Gennaro Maffia, professor of chemical engineering, and hosted by Universidad La Salle in Mexico City.

Student participants from La Salle and Manhattan

While recent graduates are crisscrossing the country

came together not only from different cultures but

and working in service positions, current students

also from diverse academic disciplines to study

the development of mass, energy and momentum transport equations. As members of the global Lasallian community, the cohort of students, faculty and staff felt it was important to participate in a service experience during their stay, so a connection was made with CAFEMIN, a housing and training center for the empowerment of indigenous and migrant women. The group delivered and installed a

Jasper Named Newman Civic Fellow

Sawyer filtration system thanks, in part, to donations to the Chemical Engineering department.

Back in the Bronx, business students partnered with

In its first-ever recognition of a Manhattan College student,

the IRS Volunteer Income Tax Assistance (VITA)

Campus Compact named Freda Tei ’16 a Newman Civic

program for the sixth year in a row to provide tax

Fellow for her advocacy work in her hometown of the

preparation services to local Bronx residents. The

Bronx. The award honors inspiring student leaders who

program is held at the Northwest Bronx Resource

have demonstrated a commitment to finding solutions to

Center in the Fordham Bedford section of the Bronx

challenges faced by their communities. The biology major is

in partnership with University Neighborhood Housing

one of 201 community-engaged college students to receive

Program (UNHP), Fordham Bedford Community

the prestigious honor.

Services and Ariva Inc. Student volunteers not

Since 2009, Tei has been an advocate for better schools and social change. She participates in her local Bronx community through the Northwest Bronx Community and Clergy Coalition (NWBCCC) and Sistas and Brothas United (SBU). Originally drawn to community organizing, Tei and her fellow high school students worked to decrease overcrowding by joining the NWBCCC’s campaign to turn the Kingsbridge Armory into schools.

At Manhattan College, Tei helped to establish a tutoring program at SBU and has been instrumental in the college access program. She has also continued to organize as part of the Kingsbridge Armory Redevelopment Alliance; training new members in community organizing strategies. In addition, Tei has spearheaded a petition campaign to support the New York State Dream Act and registered people to vote.

only help local residents but also receive valuable accounting experience, as all volunteers complete an IRS certification program and a software training covering a range of tax credits and New York State tax filing. Since the VITA program first started at Manhattan College in 2010, approximately 160 students have participated. In 2014, the program resulted in more than $1.8 million (1,486 returns) of tax refunds to Bronx residents with an average earned income tax credit refund of $1,971.

In a time of rising tuition rates, not only in higher education but also in preschools, a family’s income is a significant factor in the quality of a child’s education. Bridging that gap between income and education was one of the driving forces behind the creation of Manhattan College’s Center for the Study of the Future of Education (CSFE). Exploring

The Newman Civic Fellow Award is generously sponsored

poverty and inequality in education served as a

by the KPMG Foundation, which works in partnership

natural starting point for Karen Nicholson, associate

with business and higher education to provide college and

professor of education and CSFE director. After

university students the opportunity to make a difference

hearing firsthand accounts from a number of student

and to develop leadership, teamwork and communication

teachers about the lack of equity in local schools,

skills through learning, practicing and teaching the

Nicholson and Provost William Clyde collaborated to

principles of free enterprise.

take the vision for CSFE and make it a reality.

Campus Compact is a national coalition of nearly 1,100

The center launched in February and hosted two

college and university presidents who are committed to

lectures in front of capacity crowds in the Raymond

fulfilling the civic purposes of higher education to improve

W. Kelly ’63 Student Commons. In March, Ruby

community life and to educate students for civic and social

Payne, a former high school teacher, principal and

responsibility.

current educational consultant, offered strategies for overcoming economic class barriers to increase student achievement. Payne is best known for A

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PRESIDENT’S REPORT

Educational consultant and author Ruby Payne helped launch the College's Center for the Study of the Future of Education with her lecture on overcoming economic class barriers in student achievement.

Framework for Understanding Poverty, her best-

The Letters Propelled Me: Resisting Kristallnacht Then

selling foundational piece originally released in

and Now by Murray Baumgarten, who presented

1996. In April, Jonathan Kozol, the National Book

the seventh annual Frederick M. Schweitzer Lecture;

Award-winning author of Savage Inequalities, The

a lecture by a first-generation descendant of

Shame of the Nation and Amazing Grace, chronicled

Holocaust survivors, Janet Pfeffer Vignola, titled The

his experiences working in inner-city schools and

Story of Three Salt of the Earth Families Before, During

observing students and teachers in the South

and After the Holocaust; a discussion on the topic Is

Bronx. Kozol, who said teachers are his heroes, also

Antisemitism a Mental Illness? by Sander L. Gilman;

focused on inequality in public and private schools,

and a one-man show by Roger Grunwald, the son of

passionately defending the right of every child to

a Holocaust survivor, called The Mitzvah Project, to

have access to quality educational tools.

commemorate Yom Hashoah, a day to remember

Another center that continues to bring the College’s

victims of the Holocaust.

inclusive community to the forefront, as well as

Of the many notable qualities that define our

bring community groups together in partnership, is

institution’s Lasallian heritage, one we hold

the Holocaust Genocide and Interfaith Education

particularly dear is our concern for social justice.

Center (HGI). As usual, the center presented a rich

This founding principle from the Catholic patron

program of events throughout the year, including a

saint of teachers, John Baptist de La Salle, was the

discussion of the dilemmas of American religion by

theme of many conferences we hosted on campus

historian Charles H. Long; a gathering on campus

this past year — and we had a banner year for

for an interfaith discussion on the extremism,

conferences that really got to the heart of issues that

prejudice and violence occurring in the Middle East

have been coming to the forefront of the news in

by religious leaders and scholars; a talk entitled

recent months.

At the College's first racial justice teach-in, students, faculty and alumni discussed a number of issues, including the Black Lives Matter movement, as well as shared their personal experiences.

On April 18, the College hosted Slavery No More:

hosted its first racial justice teach-in in February to

Breaking the Supply Chains of Human Slavery, a

address a number of racial issues facing society today.

conference that focused on the prevalence of slavery

The event consisted of panel discussions comprised

in global supply chains manufacturing clothing,

of students and alumni who shared their personal

coffee, chocolate and other goods distributed

experiences as members of minority groups, after

around the world. Adding context to the issue

which they then broke into small groups to brainstorm

were presentations by experts and activists in the

ways to improve racial relations. Manhattan English

field of human trafficking, as well as people who

professors Maeve Adams and David Witzling, as well

have been harmed by slavery. College students and

as religious studies Jawanza Clark and Kevin Ahern,

faculty, including religious studies professor Kevin

spoke about race, Catholicism and social justice

Ahern, took to the podium to share knowledge on

activism. The community learned about the historical

the subject, as well. Tenaz Dubash, who serves as a

and sociopolitical contexts of the Black Lives Matter

victims assistance coordinator for the Department

movement, the value of human life regardless of

of Homeland Security, was among the social justice

background, and the legacy of Martin Luther King Jr.

advocates who spoke at the Manhattan event, which was sponsored by LifeWay Network Inc. and the New York Coalition of Religious Congregations Stop Trafficking of Persons.Â

Another event that exemplified Manhattan’s commitment to social justice and excellence in teaching was the Martin Buber Memorial Conference, which celebrated the life of a renowned Jewish

In light of the widely publicized deaths of Eric Garner

philosopher, political activist and religious thinker

of Staten Island and Michael Brown of Ferguson,

whose approach to education focused on building

Mo., and the social unrest that followed, the College

character of the whole individual. The event on April

fall 2015

Celebrating Vatican II EUCHARISTIC CELEBRATION

FACULTY LUNCHEON PANEL

Wednesday, October 7, Noon Sunday, October 4, 11 a.m.

The celebrated another golden Raymond W. Kelly ’63 Student Commons, Room 5C ChapelCatholic of Saint John BaptistChurch de La Salle and His Brothers The People are the Church in the World

Harr, Director of Campus Ministry & Social Action anniversary in fall 2015 — it’sModerator: beenLois50 years since the Speakers: Prof. Kevin Ahern, Religious Studies Commemorating the 50th Anniversary of the Vatican Council’s Fourth and final Session which produced so many significant documents that re-ordered Catholic life. Additionally, the Anniversary marks 50 years since Pope Paul VI spoke to the United Nations and the opening in Rome of the Synod on the Family convoked by Pope Francis.

Prof. Natalia Imperatori-Lee, Religious Studies

Paul Dinter, Religious Studies Second Vatican Council publishedProf.“The Pastoral

This session commemorates the 50th Anniversary of the publication of The Second Vatican Council’s documents on the Laity and on the Church in the Modern World, both fundamental to the ministry and mission of Pope Francis recently expressed in his addresses to the United States Congress and the United Nations.

Constitution on the Church in the Modern World,”

encouraging people of faith to take an active role in

this event series is sponsored by the school of liberal arts, department of religious studies and catholic studies program.

bettering the world around them. As this ideal and others described in the document, which translates in Latin to Gaudium et spes, mirror those we at Manhattan follow under the guidance of Saint John Baptist de La Salle, we commemorated its 1965 release in October with a Eucharistic Mass and panel consisting of several faculty members.

As part of the panel, religious studies professors Kevin Ahern, Paul Dinter and Natalia Imperatori-Lee discussed contents of the document, which were especially significant given its guidance to be mindful of world issues. According to Imperatori-Lee, Gaudium et spes is integral to the Church’s changing role in history.

23 commemorated the 50th anniversary of his death and invited Buber scholars from the University of Mary, Rutgers School of Law, and Tel Aviv University and drew insight from Manhattan students and community members. The Buber conference was sponsored by the Manhattan College Center for Ethics, HGI Center, office of Mission, and Philosophy and Religious Studies

“We wanted the community, especially students, to understand the importance of several key documents promulgated by the Second Vatican Council,” she says.

“The document invites Catholics to engage the world’s problems, and celebrate the world’s joys, as leaven for good. This is something we strive to prepare students to do at Manhattan, so it was important to celebrate it.”

departments.

The panel also spoke about “The Decree on the Apostolate

With all that was going on in terms of strengthening

of the Laity,” another Vatican II document published in

and accomplishing the work of its mission, the College also took some time to actually celebrate the mission.

This April, 75-plus campus events were featured as part of Manhattan College’s second annual Mission Month, a month-long celebration of the legacy of De La Salle.

The lectures, presentations, performances, discussions and other events highlighted the hallmarks of our Lasallian heritage, as well as recognized students who volunteered and served others, and faculty, staff, administrators and alumni who live the mission according to their talents and interests.

1965. This one focused on the purpose laypeople play in the mission of the global church.

This was the second time Manhattan memorialized accomplishments of the Second Vatican Council. The first was in 2013, to mark the 50-year anniversary of its formation and of the “Constitution on the Sacred Liturgy.”

The four-day lecture and panel series also held in October at the College included a keynote by Massimo Faggioli, a theology professor at St. Thomas University. His remarks noted the potential effect the papacy of Pope Francis might have on Catholics’ implementation of the reforms of Vatican II. PRESIDENT’S REPORT 13

A DISTINCTIVE LEARNING ENVIRONMENT

IN CORE GOAL TWO, A DISTINCTIVE LEARNING ENVIRONMENT, THE STRATEGIC PLAN ASSERTS:

“We will advance learning by fostering student engagement and integrated learning through our distinctive environment on campus, in New York City, and with our international networks.”

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PRESIDENT’S REPORT

Encompassed in goal 2 are many initiatives focused

supported during their transition into motivated

on supporting students in their efforts to transition

college students.

into and succeed in a challenging academic environment.

After careful planning during the 2014-15 school year, the College debuted four residence life

The College welcomed 900 freshmen to campus in

communities in the fall of 2015 to match students

September — the largest class in the past 10 years

with like-minded interests. Referred to as Common

and 20 percent larger than last year's incoming

Interest Communities (CICs), residents now can live

class. Therefore, achieving these goals, including

in the following themed living spaces: Environmental

the further development of first-year experience

Issues and Sustainability, Nuestra Casa (Our

programming, will be paramount in the current

House), Performing Arts and Visual Culture, and

and future academic years. Manhattan has been

Entrepreneurship.

looking into and expanding such programs to make sure that this newest class of students — and all students — feel welcomed into the community and

The four CICs were created to boost enrollment, cater to the needs of residential students, and to

The Arches program is going strong with fostering bonds among incoming freshmen and engaging them in community service.

The College also introduced a few new Common Interest Communities this year, which also help students connect with each other and the Manhattan community.

help with retention. The number of resident students

point for success in academia, service learning

at Manhattan College continues to grow each year,

and cultural exposure: The Arches. Four years

and this fall, we’re at 99 percent capacity. Research

after its launch, the learning and living community

shows that offering these types of communities not

enrolled 169 inhabitants in the fall of 2015, who, as

only helps recruit new on-campus residents but also

of late, were enrolled in classes that incorporate

helps them to grow and connect upon arrival.

classroom knowledge with volunteer opportunities

In its first semester, the CIC program attracted more than 60 Jaspers of all class years, though it's predominantly comprised of first-year students, who are now living in designated areas of Horan and Lee Halls. There, they are taking direction from resident assistants that are hard at work planning events and group projects during the next several months.

The CIC program joins another popular option at Manhattan that makes residence life the jump-off 16

PRESIDENT’S REPORT

and educational excursions throughout New York City. In the past, students involved in the Arches have attended Broadway and off-Broadway shows, performances at Lincoln Center, as well as visited the Cloisters and a number of acclaimed art institutions.

This has been the most successful semester for the Arches so far, after different organizations on campus joined together to promote it both online and at various admissions events.

As part of the Arches program, students also participate in educational excursions throughout New York City, including acclaimed art museums and performances on Broadway.

Our New York City location is also an important part

companies in New York City, where Jaspers have

of the strategic plan that looks to enhance student

held internships in previous years, including Sony

opportunities by involving our alumni network,

Pictures Entertainment, Museum of Jewish Heritage,

capitalizing on our convenient setting, and ensuring

Hearst Magazines, Viacom, Metro-North Railroad,

that students have excellent support in achieving

PWC, Turner Construction, NBC Universal, and the

their post-graduation goals. At Manhattan, we

Port Authority of New York and New Jersey.

hold the keys to New York City: a metropolis where Jaspers have excelled in internships, made longlasting connections with alumni, and landed jobs that went on to define their careers.

Meanwhile, nearly 20 percent of survey respondents were engaged in another type of apprenticeship before graduation — they were participants in the Center for Career Development’s Mentor Program.

According to the results of a follow-up survey

For a year, students are matched with alumni

completed by May 2014 graduates, the majority

working in their intended field of study for a year

tapped into all three during and after their time

of mentorship.

at the College. Seventy-three percent of students had one or more internships while in school that related to their field of study; many of which at

Ninety-four percent of students involved in the Mentor Program also secured employment nine

Almost all of the students who participated in the Mentor Program secured employment within nine months of graduation. The program pairs students with alumni in their intended career fields and hosts events, such as the Mentor Meet and Greet reception.

months after graduation, according to the survey,

still seeking employment at the nine-month mark,

which found that nearly 40 percent of May 2014

according to research published a year earlier.

graduates who landed a job in that time attributed their success to a Manhattan College resource.

In addition to their participation in the Mentor Program, alumni also joined a number of panels and lectures on campus, as well as networking events.

employment within nine months, our numbers show 60 percent as having secured a starting salary of $50,000 or more at companies such as Air Products, L’Oreal, Con Edison and the New York City

Mentor Program participants weren’t the only class

Department of Education. These are just a few of

of 2014 members who found post-graduate success.

the prominent U.S. companies that employed two or

Our numbers show that overall, 88 percent accepted

more graduates from that class year.

employment and/or were enrolled in graduate school nine months later, while 12 percent were still looking for a job at that time. And that figure shows a decrease in the number of students still on the job hunt, as 15 percent of May 2013 graduates were 18

Of the May 2014 graduates who accepted

PRESIDENT’S REPORT

Success stories of recent Manhattan graduates speak to our ability to prepare students for a world outside campus. A Brookings Institute analysis published in April 2015 ranked the College in the

The Center for Career Development holds several career fairs each year, offering students the chance to meet with potential employers, such as L'Oreal, which was one of the top companies for employing two or more graduates from the class of 2014.

top 10 for offering the greatest return on investment,

on Jasperlink, the College’s job posting database, or

alongside Stanford, Colgate and MIT after looking

taking part in some kind of on-campus recruiting.

at average salaries of graduates 10 years after

Additionally, many scoped out potential opportunities

completion. A PayScale College Return on Investment

at campus career fairs during their senior year.

(ROI) report released a month earlier placed Manhattan as No. 18 out of more than 400 private colleges in the U.S. So Jaspers are not only ready for their careers when they graduate from the College but also excelling at them.

To further prepare students for employment, the center recently launched a Careers and Coffee panel series, which invites professionals from various industries to share experiences and answer questions about their fields. So far, students have

When it comes to finding their initial jobs, our

heard from individuals in government, technology,

students don’t have to look much farther than

pharmaceuticals and communication.

Manhattan’s Riverdale campus. Nearly half of May 2014 graduates reported utilizing the Center for Career Development in some way during their senior year, whether it was looking for employment opportunities

During the course of their academic careers at Manhattan, students become well-versed in how easily they can hop onto the No. 1 train for jobs, internships

and cultural outings in New York City, but they also learn one of the greatest advantages of being part of a campus so close to the Big Apple, and that’s the ease of which it all comes to us.

Starting off the 2014-2015 school year were a number of notable speakers who came in September for the College’s annual Student Activities Lecture series,

A Model of Diplomacy Just weeks after the United Nations’ general debate in midtown Manhattan, the Manhattan College Model UN team traveled to our nation’s capital to weigh in on some of the same topics at the National Model UN Conference (NMUN-DC) last fall. And they returned to Riverdale with an Honorable Mention and three other distinctions.

City in some way. This gave students a chance to hear from Brian Cashman, who serves as general manager of the Yankees, and Luis D. Ortiz, famous realtor and co-host of Bravo’s Million Dollar Listing New York. Also in the fall were a showcase of poets, novelists and essayists who came as part of the College’s Major Author Reading Series (M.A.R.S.) for readings and book signings (to read about this year’s authors, see

The College’s 14-person delegation joined more than 800 college students from across the world to participate in a discussion on international relations issues. Representing the United Kingdom (U.K.) at the conference, the team was responsible for researching the U.K.’s position on the issues, which included trade and development, health, refugees, economic and social equality, the global drug regime, and international security.

page 39).

The delegation also ranked among the top 20 percent of participants, which earned them an Honorable Mention.

They even returned with two Outstanding Position Paper distinctions. Manhattan’s winning pairs included electrical engineering major Chris Hoey ’17 and international studies major Evelyn Infante ’15; and economics and international studies major Irene Entringer ’15 and international studies major Deonta Wortham ’15. In addition, Entringer and Wortham brought home an award for Outstanding Delegation in Committee.

and businesses.

Twenty-five Manhattan College students then participated in the 2015 National Model UN conference in midtown Manhattan this past spring. Representing the Republic of Colombia, students worked on a variety of issues in different committees, including the sustainable urban development, Biological Weapons Convention, Nuclear Non-Proliferation Treaty, women and development, and drug trafficking. In addition, Evan Amadio ’15 and Greg Pachacz ’15 represented Jordan on a simulation of the Security Council dealing with the situation in Iraq and a “crisis” in Southern Sudan.

The College brought home three awards: the delegation of Colombia received an honorable mention; Amadio and Pachacz received an outstanding delegation award for their representation of Jordan; and Deandra Anderson ’15 and Taylor Allen ’16 received an outstanding position paper award for the United Nations Environment Programme.

20

themed to include figures that were tied to New York

PRESIDENT’S REPORT

In October, we heard from Sharon Zukin, a renowned sociologist, and whose talk, Local Shopping Streets: Globalization & Gentrification in a Changing City, focused on the demographic shifts New York City neighborhoods have undergone throughout history, and how they have affected the local color of its stores

While it is easy to take advantage of the city without ever leaving campus, even the staunchest Bronxites relish the chance to head downtown for activities and events, which this spring included a School of Liberal Arts reception at J. Walter Thompson Worldwide, one of the world’s top marketing and communications agencies. The April event was held at the company’s midtown headquarters and hosted by Non-Executive Chairman Bob Jeffrey ’75, who joined the College’s faculty, current students and fellow alumni to remind prospective Jaspers that big-city opportunity is only a short distance away. Echoing his sentiments was Christopher Gorman ’05, who shared his experiences as a student at the College, as well as in his position at the Metropolitan Museum of Art, where he currently serves as chairman of the Met Spectrum, a facet of its external relations department.

That previous November, a team of our School of Business students traveled to the Federal Reserve Bank’s Manhattan headquarters to participate in the New York College Fed Challenge, an academic competition that challenges knowledge related to the U.S. economy, monetary policymaking and the role of the Federal Reserve System. The Manhattan team advanced to the semifinals of the competition, which

Taking advantage of our New York City location, the School of Liberal Arts hosted its first reception for accepted students at J. Walter Thompson Worldwide, and featured speaker Christopher Gorman ’05 shared his experiences as a student and current employee of the Metropolitan Museum of Art.

they have been involved in for the fourth consecutive

these city institutions, we agreed to participate in

year (to read more, see sidebar on page 23).

Town+Gown, a program sponsored by the New York

Throughout the 2014-2015 academic year, the College also took to the five boroughs for activities included in Residence Life’s long-standing Saturdays in the City tradition. Students walked along the Brooklyn Bridge, ate cannoli in Little Italy for the Feast of San Gennaro, and kayaked on the Hudson River. Saturdays in the City also led excursions to acclaimed institutions, including the Museum of Modern Art and Museum of Natural History.

Our focus on making Manhattan College an integral part of the New York City community — both on campus and in all five boroughs — is one we share with many others in the area. To collaborate with

City Department of Design and Construction that works to partner with city agencies on ideas, resources and research. One of the goals of this newly created organization, which includes five other New York City colleges, is to facilitate efforts toward resolving environmental issues within old and new campus buildings. In the future, Town+Gown participants will gear up to lead projects that pool city and academic resources, to name a few of the organization’s plans.

And speaking of campus buildings, core goal two also takes into consideration the physical infrastructure of the College and its ability to meet its curricular and cocurricular needs.

The Raymond W. Kelly ’63 Student Commons, which opened in October 2014, has quickly become a campus hub, not only connecting the north and south campuses but also students with faculty and the larger Manhattan community.

Last October, Manhattan College celebrated

Fitness Center. While the new Multicultural Center,

the opening of the highly anticipated Raymond

the home for diversity programs and services, has

W. Kelly ’63 Student Commons, named in honor

attracted attention with events throughout the year

of one of the College’s most renowned and respected

that recognize Hispanic, Italian, Irish, Black and

alumni and former police commissioner of New York

Asian-Pacific heritages, as well as other lectures on

City. In front of a capacity crowd of more than 500

diversity training and a veterans speaker series.

guests, including New York Governor Andrew Cuomo, Senate Co-Leader Jeff Klein and Assemblyman Jeffrey Dinowitz, the College officially dedicated the Kelly Commons to much fanfare.

Commons has created much-needed space for Student Activities, the Center for Social Action and Service Learning, and the College’s more than

The 70,000-square-foot building serves as the

65 student clubs and organizations. In addition,

crossroads of campus, linking the north and south

major events, such as the Student Activities Lecture

parts of campus. A true community space, the Kelly

Series, Admissions’ Saturday Information Sessions,

Commons significantly enhances the College’s

Latinofest, the Spring Activities and Volunteer Fairs,

ability to integrate academics and student life

the President’s Dinner and Benefactor’s Reception,

programming, and provides space for fitness and

were all held in the student commons’ Great Room

wellness programming, dining, study, and cultural and

last year.

community events.

22

Along with the Multicultural Center, the Kelly

Keeping in mind that the Kelly Commons would not

Since its opening in 2014, the commons has become

have been possible without the generous support of

a campus hub. On a typical day, more than 250

the College’s alumni and friends, we are especially

students, staff and faculty utilize the Wellness and

proud of and thankful for all of the donors to the

PRESIDENT’S REPORT

Federal Reserve Challenge For the fourth consecutive year, Hany Guirguis, professor of economics and finance, led and mentored a team of School of Business students who participated in the New York College Fed Challenge. This academic competition, sponsored by the Federal Reserve Bank of New York, encourages students to learn about the U.S. economy, monetary policymaking and the role of the Federal Reserve System — crucial skills for future financial professionals.

“Today, you cannot survive in the financial market without a strong comprehension of nontraditional monetary policy and how it affects the price of different financial assets,” Guirguis says. “Thus, monetary policy is an important component of our students’ education.”

Students at the Center campaign. The successful $44.1 million campaign was completed in 2014 when the commons opened on time and on budget. The strong commitment of the board of trustees, and the planning and direction of a hardworking and talented volunteer committee were important contributing factors.

Thomas O’Malley ’63, former chairman of the College’s board of trustees and executive chairman of PBF Energy Company LLC, contributed $10 million toward the building, which was the largest gift in Manhattan’s history. As honorary co-chair of the campaign, O’Malley’s support resulted in a large response from more than 800 alumni, parents, corporations and friends of the College.

And it’s not just our community that has taken notice of the innovative places and spaces offered in the Kelly Commons. Shortly after its opening, the commons achieved LEED (Leadership in Energy and Environmental Design) gold certification by the U.S. Green Building Council. LEED is recognized around the world as the premier mark of achievement in the

Administered by a panel of professional economists, the competition is held at the Federal Reserve Bank of New York. The competition consists of a lightening-fast presentation followed by a question-and-answer session, wherein students answer questions related to finance, economics, banking and monetary policy. To prepare, students research and analyze current economic data, review potential future economic risks, and develop a forecasting model for such risks.

Team members Joshua Clark ’15, William Gerard ’15, David Lothrop ’15, Riko Mochizuki ’16, Jessica Schutte ’15 and John Trieste ’16 advanced to the semifinals of this year’s competition — an achievement attained by only nine of the 36 colleges and universities that participated. During the competition finals, the team earned nearly perfect scores, and received the competition’s Honorable Mention Award.

For Clark, an economics major who served as team leader, the most challenging aspect of the competition was conducting the vast amount of original research and data analysis — something that not every team did in preparation for the competition.

Guirguis recruits the Fed College Challenge team members from his Advanced Macroeconomics, Econometrics and Financial Modeling courses, and believes the experience helps his top students to become responsible leaders who understand how to effectively create and apply financial models.

PRESIDENT’S REPORT 23

design, construction and operation of green buildings.

It’s the College’s first LEED building, and the largest LEED gold certified non-residential higher education building among 15 gold-certified LEED projects in the Bronx. Some of the commons’ many green features include a green roof, regional materials and recycled content, occupancybased lighting and HVAC, demand-based ventilation, variable speed refrigerant system, and high-efficiency condensing boilers.

To which the state-of-the-art Kelly Commons can attest, sustainability has become an important goal throughout the years. With its foundations in Catholic Social Teaching, core goal two makes it a priority to promote and model environmental sustainability throughout Manhattan’s campus. In addition to the opening of the student commons, the campus underwent a major conservation project last year.

Looking to reduce its carbon footprint and cut energy costs, the College launched a $2.3 million water and energy-saving project that is expected to save an estimated $652,000 per year in utility costs and reduce electricity use by nearly 2 million kilowatt-hours annually. By also implementing energy and water conservation measures, Manhattan expects to conserve an estimated 6.3 million gallons of water and avoid the equivalent annual emissions from 433 passenger vehicles, according to U.S. Environmental Protection Agency data.

The Manhattan College Center for Urban Resilience and Environmental Sustainability (CURES) also has been continuing its work in supporting research, teaching and community outreach in the areas of urban resilience, sustainability and environmental justice. In fall 2014, CURES hosted a rooftop garden tour to celebrate another successful growing season and invited the Manhattan community to explore the garden-scape on top of the Broadway Parking Garage.

The School of Science and CURES hosted events for Earth Day this past April, too. Students enrolled in the newly launched Environmental Science program learned how to convert discarded eggshells into biodiesel fuel, among other eco-friendly skills. The festivities began on Wednesday, April 15, with an Earth Week Seminar on how to remove metals from groundwater.

Another aim of core goal two is to assure that our studentathletes are fully supported and integrated wholly into A first for the College, the student commons achieved LEED (Leadership in Energy and Environmental Design) gold certification by the U.S. Green Building Council shortly after opening.

24

PRESIDENT’S REPORT

the core educational mission of the college. It also takes the marketing and fan experience into consideration. And

Aislinn McIlvenny ’14 was a finalist in collegiate women's soccer for the prestigious Senior CLASS Award, which stands for Celebrating Loyalty and Achievement for Staying in School.

the fan experience this past year was as exciting as

a 3.0 of higher. Three teams even recorded a GPA of

ever. The men’s basketball team repeated as MAAC

3.5 or higher: volleyball (3.62), women’s soccer (3.58)

champions and returned to the NCAA Tournament.

and tennis (3.5); and 17 student-athletes notched

After a thrilling 10-point victory over Iona in the MAAC

perfect 4.0 GPAs in the fall or spring semesters. It’s

Championship game, the Jaspers traveled to Dayton,

a testament to the character of our student-athletes

Ohio, for the first round of the NCAA Tournament.

who balance the tough demands of high-level

Unfortunately, the season came to an end with a 74-64

intercollegiate competition with those of a rigorous

loss to Hampton University. Along with the two NCAA

academic program.

berths, this was the program’s third consecutive trip to the MAAC Championship game. In addition, Manhattan is now one of just 11 teams to win backto-back league titles during the past two years, and one of only nine to play in its respective conference championship game in each of the last three seasons.

The Manhattan swimming and diving teams also achieved College Swimming Coaches Association of America Scholar All-America status for both semesters. In order to qualify for this distinction, teams must attain a cumulative GPA of 3.0 or higher.

In addition, the golf and softball teams received NCAA

As per our high Jasper standards, many of our other

Academic Progress Rate Public Recognition Awards

teams and student-athletes had exceptional years —

for their success in the classroom.

and not just on the field. The overall team grade point average for the spring 2015 semester was a 3.2, and 151 student-athletes earned their way onto the MAAC Academic Honor Roll. Additionally, 16 out of our 19 athletic programs achieved an overall team GPA of

In addition to some impressive team accomplishments, Manhattan had two MAAC Players of the Year in Malia McGuinness ’15 (volleyball) and Elena Bowman ’16 (softball). These two student-athletes proved to be the best players in the MAAC during

After a thrilling 10-point victory over Iona in the MAAC Championship game, the men's basketball team is now just one of 11 teams to win back-toback league titles during the past two years.

26

PRESIDENT’S REPORT

the course of a full season, and the College could not be prouder of their individual and team efforts.

Yet again, the College had a contender for the prestigious Senior CLASS Award — Aislinn McIlvenny ’14 was a finalist in collegiate women's soccer. To be eligible for the award, a student-athlete must be classified as an NCAA Division I senior and have notable achievements in four areas of excellence — community, classroom, character and competition. An acronym for Celebrating Loyalty and Achievement for Staying in School, the Senior CLASS Award focuses on the total student-athlete and encourages students to use their platform in athletics to make a positive impact as leaders in their communities.

It was also a year in which we saw the elevation of women’s rowing from club status to an intercollegiate program that will compete in the MAAC. Manhattan College has sported a women’s rowing team for almost 40 years, but it wasn’t until April that the team made news on a national level, when the College announced that the program would be elevated from club status to one of the Jaspers’ 19 intercollegiate sport offerings beginning with the 2015-2016 academic year.

With an eye toward improving athletics facilities, Manhattan recently completed a court renovation in Draddy Gymnasium, unveiling a new all-green basketball court, as well as the only volleyball-branded playing surface in the MAAC. It’s sure to make a statement during the upcoming basketball games. In addition, the state-ofthe-art Marro Broadcast Studio was completed and will be used for press conferences, coaches shows, studentathlete interviews, among other needs. The baseball program also moved its home field to Dutchess Stadium, home of the Hudson Valley Renegades, and hosted the 2015 MAAC Championships.

(Top) Catcher Elena Bowman ’16 was recognized as one of the best players in the league with the MAAC Player of the Year honor.

(Bottom) This past year also saw the women's rowing team elevated to varsity status.

A DISTINCTIVE LEARNING DYNAMIC

IN THE THIRD CORE GOAL, A DISTINCTIVE LEARNING DYNAMIC, THE STRATEGIC PLAN STATES:

“We will advance learning through the distinctive dynamic of our integration of liberal arts and professional disciplines throughout the College.”

28

PRESIDENT’S REPORT

This goal gets at the College’s ability to transcend

curriculum and educational opportunities that

traditional disciplinary, programmatic, cultural

Manhattan offers.

and physical boundaries. It not only notes the importance of advancing the connection between curricular and cocurricular programs but also takes into account the need to strengthen graduate and continuing education, as well as the College’s contributions to public knowledge and the lifelong exchange of ideas between the campus and larger community.

One such program that particularly highlights the lifelong exchange of ideas, and of which we are especially proud, is our student research opportunities. Since launching in 2013, the Jasper Summer Research Scholars, a program that offers a stipend for students to pursue on-campus summer research in collaboration with a faculty mentor, has practically doubled in number. Starting

The College transcends traditional boundaries

with 10 scholars (five full and five supplemental

every day, and continually evolves to meet the

awards), and adding students from the Branigan

challenges of today’s students and teachers. Each

Scholars Grant, the School of Science Dean’s

year brings new perspectives, innovation, areas of

Office Summer Program, and the John Mahony

study, grants and connections that enhance the

Research Scholars into the mix, there were about

35 students doing research that first summer.

And it’s not just the research scholars who are

Flash-forward to 2015, the program’s third year,

increasing and getting noticed. The College’s

and those figures jumped to 18 Jasper Summer

focus on expanding STEM (science, technology,

Research Scholars, five Summer Fellows, and

engineering and math) education was recognized

three Lasallian Research Scholars (a new program

by the National Science Foundation (NSF) yet

developed this past spring). With the addition of

again with an award to further fund STEM learning.

the Mahony, Branigan, dean’s office, and endowed

The newest award of nearly $600,000 will fund 12

scholarship researchers, the College had more than

engineering scholarships for academically qualified

65 students involved in research this past summer.

and financially needy students (six in 2015 and six

As a result, Manhattan’s third annual Research

in 2016) to pursue bachelor’s degree studies in

Scholars Presentation Day in September was bigger

civil and mechanical engineering. The engineering

than ever before, as more than 65 students from all

scholarships award was the fourth NSF grant

academic disciplines took to the podium to report

presented to Manhattan recently. The first recipients

on a summer of inquiry and experimentation.

of the NSF scholarships began this fall as freshmen and were selected based on a minimum GPA of 3.5

30

PRESIDENT’S REPORT

More than 65 students from all academic disciplines presented their findings at the College’s third annual Research Scholars Presentation Day in September.

and combined SAT score of 1200, as well as ranking

will begin in fall 2016). Launched in 2015, the

within the top 10 percent of their high school class.

STAR Center offers professional development

The scholarship program will offer a variety of

opportunities for current STEM educators, and

cocurricular and extracurricular activities, designed

will help to fill a void for the current lack of

to help the students reach their maximum potential.

engineering training in middle and high school

Last year, the Schools of Education and Health and Engineering also received a NSF award, totaling close to $300,000, to establish an Engineering Scholars Training and Retention (STAR) Center, which incorporates the creation of a minor in engineering education for engineering students, a certificate in engineering education for math and science education majors, and a post-baccalaureate certificate in engineering education for engineering and education graduate students (all of which

teacher certification programs. Since the Center opened its doors on campus, a number of students have become engineering ambassadors to educate the next generation of college students on STEM concepts. One of the first visits to a high school took place in early 2015 and consisted of a lesson on how to create an electrical circuit using lemons, pennies and paper clips, and another lesson on aerodynamics.

Backed by Bloomberg The College put the finishing touch on its state-ofthe-art finance lab by partnering with Bloomberg for Education, which grants students and faculty in the School of Business unlimited access to the Bloomberg Professional Service.

The global 24-hour financial news and information service includes real-time and historic price data, financials data, trading news, analyst coverage and other professional analytic tools — exactly the kind of information that business majors need to succeed in a challenging employment industry.

With access to the same information and technology relied on by professionals all across the world, students will benefit from a fully integrative curriculum that allows them to develop both analytical and decision-making skills using real events and real data.

Additionally, by gaining experience using Bloomberg technology, students have a competitive edge in a demanding employment industry.

In fact, seniors hoping to prove their competency also have an opportunity to take the Bloomberg Aptitude Test (BAT) on Manhattan College’s campus each semester. The BAT is a standardized online exam that assesses critical thinking across a variety of competencies. It enables test-takers to showcase their strengths to more than 25,000 investment and financial recruiters.

“The BAT helps students anonymously market themselves to employers using the Bloomberg Talent Search,” says Natalia Boliari, assistant professor of economics.

“It’s a unique opportunity to be contacted for internship or employment positions in areas such as consultancy, accounting, insurance, investment banking, human resources, trading, analytics, and many others offered by companies from around the world.”

Bloomberg for Education is the final feature in Manhattan College’s state-of-the-art finance lab, which is designed to mimic the professional instruments that graduates will see in the financial industry.

Partnering with Bloomberg for Education, the College put the finishing touches on its state-of-theart finance lab, which is outfitted with a full-sized real-time stock ticker, two large flat panels TVs, and HP 8200 series desktops with 22-inch dual monitors that are equipped with Morningstar Direct.

32

PRESIDENT’S REPORT

The lab is outfitted with a full-sized real-time stock ticker, two large flat panels TVs with scrolling financial data, and HP 8200 series desktops with 22-inch dual monitors that are also equipped with Morningstar Direct.

Manhattan College hosted the first annual Business Analytics Conference and Competition in May,ium where more Ignam voloris maximus faccati than a dozen teams competed. oriam, tet ea sum eaquias intus, si ut eos dolliqui tentis vellent illaborpor simus corum vent adio. Et liquunt, sitis endis enihil eos non ex experspero beatur maxim rem. Ut eatur?

Speaking of STEM, longtime benefactor Dennis

With the proliferation of “big data” — digital data

Fenton ’73 and his wife recently established The

that gets stored and processed daily — there’s

Linda and Dennis Fenton ’73 Endowed Biology

a rising need for thought leaders in the field of

Research Fund, supported by a $1 million gift made

analytics. Manhattan College became a data

to the College. This fund will allow the College and

scientist destination as it hosted the first annual

the Biology department to provide vital teaching

Business Analytics Conference and Competition

and research facilities and equipment to attract

(BAC@MC) from May 19-21. The events featured

and retain talented students and faculty. The

industry leaders and included an exciting

Linda and Dennis Fenton ’73 Endowed Biology

opportunity for undergraduate students studying

Research Fund will provide funds in perpetuity

business analytics or related fields to test their

to: support undergraduate biology research,

knowledge and develop their skills. Competing

with a focus on students who are in the final two

students engaged in the art and science of decision-

years of their undergraduate training; provide

making, while practicing their ability to draw

additional laboratory equipment as necessary for

business insights through comprehensive analyses

the continued development of the biology research

of data in creative ways. More than a dozen teams

program; support other undergraduate research in

each comprised of two to four undergraduates went

conjunction with other professors in the Biology

head-to-head in a two-phase contest that honed

department; and strengthen The Catherine and

their knowledge of analytics and were judged by a

Robert Fenton Endowed Chair in Biology to assist

panel of faculty advisers and practitioners. While the

in the current program, and enable the competitive

Manhattan team did not win the competition, it was

future recruitment of faculty. The Fentons also gave

a memorable and challenging test of their skills.

$1.5 million to establish The Catherine and Robert Fenton Chair in Biology, named in honor

Even with all of these research opportunities

of his parents, in 2004, which is currently held by

and academic challenges available on campus,

Lance Evans, professor of biology.

Manhattan students, as usual, had the chance to get

In partnership with the Dolphin Communication Project, a group of Jaspers embarked on a research trip to the Bahamas to study the behavior and communication methods of dolphins.

out of the classroom — and Riverdale — and to work

In the spring, eight veterans traveled to Paradise

alongside faculty on projects around the globe.

Island, Bahamas, to study the science of stress

In January 2015, 23 students enrolled in the International Field Study Seminar course (MKTG 414) spent their winter break in Frankfurt, home of the European Central Bank’s new headquarters.

Germany has been such a significant economic engine for the European Union that Carolyn Predmore, professor of management and marketing, thought students should experience its business mindset and methodology firsthand. While there, students participated in seminars with Deutsche Bank, the Frankfurt Stock Exchange and J. Walter Thompson, where they conducted research for a new project with the advertising giant, and met with the commercial attaché for the U.S. Consulate to learn how that office acts as a business consultant for companies that want to export business to Germany.

In addition, the 11 MBA students on the trip took part in a six-hour seminar with GEFF, a startup company that had engaged the Jaspers to create a business evaluation and strategic plan. Included in the itinerary was also a field trip to Stuttgart to visit with Porsche and Mercedes, as well as time to do some sightseeing in Heidelberg.

34

PRESIDENT’S REPORT

reduction and the art of relaxation at the Sivananda Ashram, a center for yoga and meditation. The fourday experience was part of a first-year course, The Nature and Experience of Religion, led by Stephen Kaplan, professor of religious studies. With the help of Warriors at Ease, an organization that brings the healing power of yoga and meditation to military communities around the world, he developed a special section of Religious Studies 110 that is specifically tailored to veterans.

Meanwhile, a group of classmates led by Maria Maust-Mohl, assistant professor of psychology, also embarked on a trip to the Bahamas to explore and research the behavior and communication of dolphins in Bimini. In partnership with the Dolphin Communication Project, an organization established in 2003 that encourages “the scientific study of dolphins with emphasis into understanding their behavior, acoustics, communication, cognition, ecology and more,” they collected data for two weeks.

Using Henry David Thoreau’s Walden as their guide,

12 Manhattan students traded in the commotion of city life for the serenity of woods and water this summer. Led

As part of The Good Life: Religion and the Environment course, 12 students left the hustle and bustle of the city for coastal Maine to examine nature in the context of classical literature.

by Philip Francis, assistant professor of religious studies, The Good Life: Religion and the Environment (RELS 377), took students to Georgetown Island off the coast of Maine for two weeks to examine the tradition of returning to nature in the context of classical literature.

Back in the classroom, the College continued and strengthened its commitment to curricular innovation. In 2014-15, several schools launched new programs to further meet students’ needs. The School of Education and Health offers two advanced education programs aimed at developing special education teachers specifically for job placement in high schools. Students can pursue the dual-focused program in adolescent and special education or the generalist program focused on students with disabilities in grades 7-12.

With a continued effort to advance STEM in the classroom, the Mechanical Engineering program recently launched six graduate certificates in biomechanics, engineering management, energy systems, nuclear power, green building engineering and aerospace/propulsion.

These certificates, open to graduate students and professionals, provide the opportunity to focus on one field and conduct research with an expert faculty member.

Recently, the School of Science started offering three new programs in applied mathematics – data analytics: an 18-credit post-baccalaureate program; a five-year program that includes a bachelor’s degree in mathematics and master’s degree in applied mathematics – data analytics; and a master’s program. These programs are based on a curriculum of mathematics content designed to address vital industry needs.

In keeping with the strategic plan’s goal to strengthen graduate and continuing education studies, specifically, to develop online and blended master’s and certificate programs, the School of Business has made the transition into the Master of Business Administration (MBA) program a little simpler this past summer by rolling out a series of online bridge courses designed to provide nonbusiness alumni with the prerequisite business education to join the program. The set of six intensive online courses can be completed in two, seven-week summer sessions.

In addition to the new programs, the College’s graduate admissions process has received some attention and re-envisioning this year. With an organic and steady growth in graduate enrollment throughout the years and lacking a centralized office to cater to this expanding market, Manhattan created a new position — director for PRESIDENT’S REPORT 35

admissions for graduate programs and continuing and professional studies. It was created specifically to help bring greater coordination to a graduate program that needs to consolidate efforts and become more efficient to hit its growth targets.

According to the most recent census, the College enrolls 435 grad students, but it’s looking to raise that number to 1,000 during the next 10 years.

While not a new program per se, Manhattan changed the name of its School of Arts to the School of Liberal Arts, reflecting the school’s distinct emphasis on a liberal arts curriculum in a variety of disciplines. Often being mistaken for a visual arts or a performing arts school, the name change allows the school to clarify what it offers. The School of Liberal Arts will continue to support Manhattan College’s tradition of liberal inquiry, reflection on faith in relation to reason, emphasis on ethical conduct, and commitment to social justice by offering diverse foundation courses for all students.

Mirroring our own distinctive dynamic, Manhattan College became a part of The New American Colleges and Universities (NAC&U), a national consortium of independent colleges and universities dedicated to the purposeful integration of liberal education, professional studies, and civic engagement, in 2012.

NAC&U’s mission and focus aligns closely with that of Manhattan College and are key reasons why the College joined the consortium.

Since becoming a member, the College’s involvement with the consortium has expanded with attendance at various conferences and key participation by President Brennan O’Donnell, Provost William Clyde, administrators and faculty on projects, surveys, benchmarking and programs that expand student learning. Early on Heidi Laudien, associate professor of English, and J. Patrick Abulencia, associate professor of chemical engineering, joined the NAC&U Campus Ambassadors program, and Laudien currently co-chairs the program. As ambassadors, Laudien and Abulencia, along with a number of Manhattan faculty and administrators, have attended the last few summer institutes to explore and discuss new ideas.

Abulencia’s role at NAC&U has included organizing a faculty professional development program, which recently hosted an Early Career Faculty Institute at Manhattan, pairing young faculty with senior faculty

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PRESIDENT’S REPORT

As part of The New American Colleges and Universities, Manhattan has taken a growing role in the consortium and looks forward to hosting its summer institute in 2016.

mentors. In addition, Abulencia helped to create

contributor to NAC&U’s upcoming book The Power of

an online introductory to engineering course for a

Integrated Learning: Higher Education for Success in Life,

program within the University of Redlands.

Work and Society. On behalf of Manhattan College,

Laudien’s participation in NAC&U has skyrocketed during the past two years. As co-chair, she organizes

Laudien compiled, edited and wrote 12 submissions for consideration.

a monthly call with all of the ambassadors and

Manhattan College looks forward to hosting the 2016

a daylong event at the institute. She also was a

summer institute in June.

David J. O'Brien

CELEBRATIONS Our many academic successes during the past year have certainly brought cause for celebration. At Manhattan, there is no better event to showcase our accolades and mark our accomplishments than Commencement.

Spring Commencement, which celebrates the achievements of our master’s candidates from the Schools of Education, Engineering and Business, as well as both bachelor’s and master’s recipients from the School of Continuing and Professional Studies, kicked off this year’s ceremonies on the sunny afternoon of May 16. In the College’s Draddy Gymnasium, nearly 200 graduates heard congratulatory remarks from Eugene Bender ’15, who earned a master’s degree from the College’s Chemical Engineering program and delivered the valedictory address, and Eileen Murray ’80, co-chief executive officer at the world’s largest hedge fund, Bridgewater Associates LP. Murray served as this year’s keynote speaker and received an honorary Doctor of Science.

The festivities continued on Sunday with the procession of more than 750 graduating seniors into Draddy Gymnasium, where they received bachelor’s degrees in 40-plus fields of study. Addressing her fellow classmates that day was valedictorian Kimsy Tor ’15, a first-generation student from Cambodia who finished her Manhattan career with a 3.91 GPA and as president of the mathematics honor society, Pi Mu Epsilon. The class of 2015 also gleaned advice from the College’s honored speaker and Doctor of Humane Letters recipient, David J. O’Brien, professor emeritus of history and Catholic Studies at the College of Holy Cross. President Brennan O’Donnell then concluded the 172nd Commencement ceremonies with a benediction for the College’s newest alumni.

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PRESIDENT’S REPORT

Gregory Fraser

Jonathan Kozol

NOTABLE LECTURES Major Author Reading Series (M.A.R.S.) The College’s Major Author Reading Series (M.A.R.S.) continued its tradition of bringing some of the literary world’s most renowned poets, novelists and essayists to campus in the fall of 2014 with a presentation by acclaimed poet Jen McLanaghan. Her reading preceded that of Ben Marcus, an acclaimed short-story writer, and poet Erica Dawson. Kicking off the spring series was renowned literary figure Meena Alexander, in February, before poet Gregory Fraser took the stage, and Manhattan alumnus Gianmarc Manzione ’02 returned to campus to give the College community a sneak peak into his highly acclaimed first novel, Pin Action: Small-Time Gangsters, High-Stakes Gambling, and the Teenage Hustler Who Became a Bowling Champion. The M.A.R.S. series concluded on April 16 with fiction writer Michael Garriga.

Center for the Study of the Future of Education Lectures: Ruby Payne and Jonathan Kozol Ruby Payne, who offered strategies for raising student achievement and overcoming economic class barriers, honored the campus community with a visit on March 25. A former high school teacher, principal and current educational consultant, Payne discussed A Framework for Understanding Poverty, which is also the name of her best-selling work, released in 1996.

On April 22, Jonathan Kozol brought to Manhattan a wealth of knowledge stemming from his work with children in inner-city schools for nearly 50 years. His talk, titled The Shame of the Nation: Race, Poverty and Inequity in Our Urban Schools, focused on present-day challenges faced by teachers and students alike. The education professional and National Book Award winner also discussed Savage Inequalities, Death at an Early Age, The Shame of the Nation and Amazing Grace, in addition to other works.

Both lectures were held in conjunction with the College’s newly launched Center for the Study of the Future of Education to raise awareness on the complex issue of poverty and its impact on education.

Aquinas Lecture: Stephen Pope and Michael Spezio Stephen Pope, a theology professor at Boston College, was joined by Michael Spezio, a psychology professor at Scripps College, to speak at the College’s annual Aquinas Lecture in March. The two discussed connections between neuroscience, conscience and moral theology at the event, which is named after Catholic philosopher St. Thomas Aquinas and touches on a myriad of liberal arts topics, including philosophy and religious studies.

Aquinas Lecture

Christen Lecture: Kevin McBride Kevin McBride, who serves as director of research at the Pequot Museum in Mashantucket, Conn., and associate professor of anthropology at the University of Connecticut, delivered the Robert J. Christen Lecture on March 30, during which he presented his findings as the archeologist conducting fieldwork on the Pequot War. He discussed his fieldwork, which involves battlefield archeology, as well as the field study programs he oversees for graduate students on the Mashantucket Pequot Reservation in Connecticut. The lecture served as part of the Robert J. Christen Program in Early American History and Culture, named after a longtime professor of the College in 1986.

Youth Homelessness and Human Trafficking Lecture: Kevin Ryan In February, Kevin Ryan, president of Covenant House, a nonprofit organization providing care and vital services to youth who are homeless, abandoned, abused and trafficked, spoke at the College about efforts to help these individuals. Ryan is a lawyer, author and activist who, since becoming president in 2009, has strived to make health insurance, education and job-skill training more accessible to underprivileged youth.

Ryan’s presentation was sponsored by Campus Ministry and Social Action, the Labor Studies department, Career Pathways, Lasallian Outreach Collaborative, Catholic Relief Services Campus Ambassadors and LGBT Friends and Allies.

Sociology Lecture: Sean Seepersad Co-sponsored by the Manhattan College sociology department, Sean Seepersad, current president and CEO of the Web of Loneliness Institute, Inc. delivered a talk on February 12, entitled Unmasking the Many Faces of Loneliness and How It Connects Us Together. The lecture referred to the goals of the nonprofit organization, which are to reduce loneliness globally through awareness building, research, intervention and consulting, and explored ways that modern society makes us more connected and disconnected at the same time. In addition to his role at the nonprofit, Seepersad is an adjunct professor at the University of Connecticut.

Schweitzer Lecture: Murray Baumgarten In November of 2014, the College’s Holocaust, Genocide and Interfaith Education (HGI) Center welcomed Murray Baumgarten, a distinguished professor of English and comparative literature and co-director of Jewish studies at the University of California, Santa Cruz. His talk, The Letters Propelled Me: Resisting Kristallnacht Then and Now, focused on the effect of violence against German and Australian Jewish people on November 9-10, 1938, and was given as part of the College’s seventh annual Frederick M. Schweitzer Lecture. In addition to a number of books, Baumgarten has also written several essays on modern Jewish writing, Holocaust literature and Victorian culture.

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PRESIDENT’S REPORT

Murray Baumgarten

Barbara Rosenblat

Communication Lecture: Barbara Rosenblat A distinguished voice artist with more than 500 audio books and an actress whose most recent accolades include her performance as Miss Rosa Cisneros on Netflix’s Orange is the New Black, Barbara Rosenblat came to campus last November to discuss her life and career. Her lecture was presented by the College’s communication honor society, Lambda Pi Eta, and also involved her advocacy for the Ali Forney Center, an organization working to guide gay, lesbian and transgender youth in their transition from adolescence to adulthood.

Costello Lecture: Meghan Roberts Presenting the 14th annual Costello Lecture on September 29 was Meghan Roberts, visiting professor of history from Bowdoin College. A historian of early modern Europe with a particular interest in the development of medicine and science, Roberts led the talk entitled Savant Spouses: Love, Marriage and Collaboration in Enlightenment France. Since 2011, Roberts has been awarded several esteemed fellowships, including the Jacob K. Javits Fellowship from the Department of Education and a Millstone Fellowship from the Western Society for French History. The Costello Lecture series was established to honor the memory of Brother Casimir Gabriel Costello, FSC, a former history professor at the College.

Cardinal Newman Lecture: Andrew Delbanco Andrew Delbanco, a published author and the Julian Clarence Levi Professor at Columbia University, delivered the College’s fifth annual Cardinal Newman Lecture in September 2014. Among other things, his talk delved into the findings of research he has conducted as director of Columbia’s American Studies department, which focuses on the increased emphasis society places on the value of higher education when it comes to offering students the greatest return on investment. The goal of this lecture series, which was launched after the beatification of Cardinal John Henry Newman in 2010, is to highlight the importance of a liberal arts education to a student’s overall undergraduate career.

RANKINGS Although our success as a college is measured in more ways than our rankings, it is satisfying to know that our efforts in support of excellence throughout the College are capturing the attention of others.

We were excited to see the College ranked so highly in the new report, Beyond College Rankings, by the Brookings Metropolitan Policy Program this year. New data and analysis of two- and four-year schools released by Brookings highlighted how well Manhattan College prepares students for successful careers.

Placed just ahead of Stanford, Manhattan ranks in the top 10 with Cal Tech, Colgate, MIT, Rose-Hulman, Carleton College, Washington and Lee, SUNY Maritime and Clarkson.

Accounting for demographic and geographic characteristics, the report predicted mid-career graduates of Manhattan to earn an average annual salary of $72,701, whereas the actual average salary is $110,800, accounting for a 42 percent salary boost. Manhattan College received a score of 99 out of 100 in valueadded with respect to mid-career earnings of the typical graduate, and also scored a 98 in value added with respect to the occupational earnings power of the typical graduate.

In the latest U.S. News & World Report’s America’s Best Colleges 2016 survey released in September, Manhattan College was ranked No. 17 among the best regional universities in the North, a spot above its ranking in 2014. This is the ninth year in a row that Manhattan has placed in the top 20 out of 138 schools ranked in the category. For the first time, U.S. News also recognized Manhattan College as a top college for veteran students.

TOP 1

%

FOR PROVIDING A HIGH ROI 1

$57K $115K AVERAGE STARTING SALARY 2

AVERAGE MID-CAREER SALARY 3

With the rising cost of education, we’ve found that students and their families are increasingly asking the value question: What will we get in return for our investment in college? Our return on investment (ROI) numbers stand on their own, and constitute our best argument that our distinctive brand of education, and our combination of liberal arts and pre-professional studies, produces successful graduates.

In Payscale’s 2015 College Return on Investment Report: Best Value Colleges, Manhattan College ranked No. 18 among private colleges in the nation for offering bachelor’s degrees with value, and 33rd overall among 1,223 private and public institutions. Manhattan College also ranked as the third highest college for ROI in New York State, as well as second among religiously affiliated schools.

Payscale also recognized Manhattan College as one of the leading colleges and universities for postgraduate earnings in its 2014-2015 College Salary Report. The College was ranked No. 22 out of more than 1,000 colleges and universities, and No. 1 among Catholic institutions in the alumni salary category. The report showed that Manhattan graduates average an early starting salary of $57,000 and a mid-career salary of $115,900.

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PRESIDENT’S REPORT

Another newcomer, Money magazine released its inaugural Best Colleges list in July 2014, and ranked Manhattan College No. 40 among 665 colleges and universities that offer value for educational investment.

This is the first time Money magazine has conducted the Best Colleges ranking, which evaluates educational quality, affordability and career outcomes to help families find the right school at the right price. Manhattan College also placed sixth in the “25 Colleges That Add the Most Value” category, which factors in the percentage of students who complete college and the average alumni salary.

In addition, The Daily Beast placed Manhattan among the top 25 institutions in the country for return on investment in November 2014, citing the College for providing graduates an opportunity to earn a strong starting salary and mid-career average salary. The College was the only religiously affiliated school on a list dominated by Ivy League schools, public flagships such as the University of California, Berkeley, and private research universities including Duke, MIT, Stanford and Vanderbilt. According to The Daily Beast rankings, the average starting salary for Manhattan College graduates was $57,500, and the mid-career average salary was $110,800.

9TH

AMONG COLLEGES FOR VALUE-ADDED EDUCATION 4

TOP 20 OF AMERICA’S BEST REGIONAL UNIVERSITIES IN THE NORTH 5

Our consistently high ROI rankings are proof of our graduates’ comparative success, but another award is proof of our students’ strong leadership skills and activism. myActions, the leading student-powered college network for sharing sustainable and socially responsible actions, announced that Manhattan College received silver level recognition for the Student Actions Awards for the 2014 fall semester. The award honors undergraduate schools for student-demonstrated leadership, momentum and impact of green, caring and healthy actions. myActions, which became known as Purposeful Networks, announced that the College was one of 125 schools to receive a Student Action Award for the 2015 spring semester, too.

Sources: 1. AffordableCollegesOnline.org; 2. Payscale.com; 3. Payscale.com; 4. Brookings Metropolitan Policy Program; 5. U.S. News & World Report.

George Giakos

Pamela Chasek

FACULTY AWARDS Kevin Ahern, Religious Studies Catholic Press Association Award for Best Book on the 50th Anniversary of Vatican II for Visions of Hope: Emerging Theologians and the Future of the Church Poonam Arora and Janet Rovenpor, Management and Marketing Best paper award at the sixth Development of Leadership Capacity Conference at Lancaster University in Lancaster, United Kingdom Nicole Leo Braxtan and Goli Nossoni, Civil and Environmental Engineering Gerald R. Seeley Paper Award from the American Society for Engineering Education Pamela Chasek, Government Fourth Annual Sigma Iota Rho Outstanding Faculty Advisor Award for leading the College’s Beta Eta chapter Jennifer Edwards, History 2015 William Koren, Jr. Prize for her article “My Sister for Abbess: 15th-Century Power Disputes over the Abbey of Sainte-Croix, Poitiers,” published in the Journal of Medieval History George Giakos, Electrical and Computer Engineering 2014 recipient of the IEEE-USA Professional Achievement for Individuals Award Brother Raymond Meagher, FSC, Education Distinguished Lasallian Educator Award by The Brothers of the Christian Schools, District of Eastern North America Andrew Skotnicki, Religious Studies Distinguished Lasallian Faculty Award Domenika Wronzynski, English First place winner of the Warriors Anthology Writing Competition (Southeast Missouri State University Press) for her poem Retrieval

NEW ADMINISTRATORS Susan Astarita Registrar Shawna Bú Shell Program Director for Instructional Design and Delivery Elizabeth Jenks Director of Grants Administration Matthew McManness Vice President for Finance and Chief Financial Officer Suzana Pavisic Director of Admissions for Graduate Programs and Continuing and Professional Studies 44

PRESIDENT’S REPORT

MANHATTAN COLLEGE 2014-15 FINANCIAL REPORT Manhattan College ended its 2014-15 fiscal year in a strong financial position; reflecting careful and strategic budget planning; steady, incremental growth in enrollment; and continuing increases in contributions and investment earnings

ASSETS

2014 2015

Cash and Cash Equivalents

$39,999,888

$48,628,822

Accounts Receivable*

$1,098,993

$1,000,835

Government Grants and Other Receivables

$947,875

$679,416

Contributions Receivable, Net

$1,108,500

$41,838

Prepaid Expenses and Other Assets

$362,679

$575,026

Investments

$80,600,432

$77,935,283

Other Receivables**

$1,136,310

$1,099,138

Funds Held by Bond Trustee

$12,887,105

$15,694,172

Property, Plant and Equipment, Net

$169,750,683

$169,346,392

$307,892,465

$315,000,922

2014

2015

Accounts Payable and Accrued Expenses

$10,391,570

$8,064,738

Deferred Revenues and Student Deposits

$10,126,014

$11,866,534

Liability Under Planned Giving Agreements

$1,170,151

$1,107,362

Long-Term Debt

$93,644,549

$90,451,701

Asset Retirement Obligation

$1,604,000

$1,637,000

U.S. Government Grants Refundable

$1,221,672

$1,221,672

$118,157,956

$114,349,007

TOTAL ASSETS

LIABILITIES AND NET ASSETS Liabilities:

TOTAL LIABILITIES Net Assets: Unrestricted

$98,134,976 $122,816,234

Temporarily Restricted

$47,380,328

$31,294,292

Permanently Restricted

$44,219,205

$46,541,389

$189,734,509

$200,651,915

$307,892,465

$315,000,922

TOTAL NET ASSETS TOTAL LIABILITIES AND NET ASSETS

* Net of allowance for uncollectible amounts of $885,983 in 2015 and $1,032,881 in 2014. ** Net of allowance for uncollectible amounts of $90,000 in 2015 and 2014.

Net Assets

Change in Net Assets

Net Assets are the difference between the College’s

The College’s net assets grew by $10.9 million in

assets and its liabilities. As of June 30, 2015, the

2014-15, an increase of 6%. Since 2009, the College’s

value of Manhattan College’s net assets totaled

net assets have grown steadily, from $126 million to

$200.7 million. Of this amount, $122.8 million was

more than $200 million, an increase of more than

unrestricted, $31.3 million was temporarily restricted,

50%.

and $46.5 million was permanently restricted.

MANHATTAN COLLEGE REVENUES, FISCAL YEAR 2014 -2015

Government Grants and Contracts Investment Income $3

All Others $2

$3

Contributions $12

Auxiliary Enterprise $32

Tuition and Fees (Net) $79

Figures are represented in millions.

Total Revenues $131 Million This includes $118 million in unrestricted revenues, $10 million in restricted revenues, and $3 million in permanently restricted revenues.

REVENUES Manhattan College received $130.4 million in revenue in 2014-2015, of which $118.1 million of these revenues were unrestricted, $10 million was temporarily restricted (i.e., designated by donors and other contributors to support specific programs and activities), and $2.3 million was permanently restricted revenue, which went to augment the College's endowment.

The College’s revenue increased by 6% in 2014-15 compared to 2013-14, after adjusting for the 2014 financial market recovery and a one-time non-recurring investment income item.

At $79 million, student tuition and fees represented 61% of the College's 2014-2015 revenues (net of College -provided financial aid). Another 25% of revenue ($32 million) was generated by the activities of the College's auxiliary enterprises, 9% came from contributions, 2% came from investment income, 2% came from government grants and contracts, and 1% came from all other sources.

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PRESIDENT’S REPORT

MANHATTAN COLLEGE EXPENDITURES, FISCAL YEAR 2014 -2015

Research and Sponsored Programs $1 Academic Support Services $12

Residence Life, Food Service, etc. $22

Student Services $22

Instruction $41

Institutional Support $22

Figures are represented in millions.

EXPENDITURES Higher education costs for wages and salaries, health benefits, utilities, deferred maintenance, capital development and information technology continue to generate increases in expense for the College.

The 2014-2015 budget reflects significant expense increases in all of these categories representing a 9% increase over 2013-2014.

The largest area of expenditure in 2014-2015 was instruction, which at $41 million represented 34% of total College expenditures. Other major expenditure areas were student services ($22.3 million, 18% of total expenditures); auxiliaries such as residence halls, food services and college store ($21.5 million, 18% of total expenditures); and institutional support ($22.2 million, 18% of total expenditures).

MANHATTAN COLLEGE MARKET VALUE OF ENDOWMENT, JUNE 30, 2007-2015 75 70 65 60 55 50 45 40 35 30

2007 2008 2009 2010 2011 2012 2013 2014 2015

MANHATTAN COLLEGE ENROLLMENT, FALL 2009 TO FALL 2014 (includes School of Continuing and Professional Studies)

4,100 3,900 252

3,700

150 157

3,500

144 131

3,300 152

3,100 2,900 2,700

132 49

2,962

134 156

182

190 117

201 230 98

197 109 115

144

52

2,913

3,006

3,141

3,195

3,267

3,369

2,500 2009 2010 2011 2012 2013 2014 2015

48

Undergraduate Full Time

Graduate Full Time

Undergraduate PT (FTEs)

Graduate PT (FTEs)

PRESIDENT’S REPORT

On opposite page: ENDOWMENT The market value of Manhattan College's endowment, including reinvested earnings, increased steadily from 2009 until 2015. In 2015, the College experienced a growth of its endowment value from approximately $73 million in 2014 to $76 million in 2015, an increase of just over 4% compared to the market valuation 12 months earlier.

ENROLLMENT Total full-time equivalency (FTE) enrollment has grown by almost 20% at Manhattan since 2009 and now is approaching 4,000, including more than 3,300 full-time undergraduate students. The College's strategy is to encourage incremental steady growth in enrollment appropriate to the College's resources and mission. Growth has occurred primarily in the categories of full-time undergraduate and part-time graduate.

MANHATTAN COLLEGE TOTAL CONTRIBUTIONS RAISED, FISCAL YEAR 2014 -2015 TOTAL RAISED $14.06 MILLION

Estates

Corporations and Foundations 3% 6%

Parents and friends 15% Alumni 45%

Trustees 31%

ALUMNI PARTICIPATION RATE

18% 17% 16% 15% 14% 13% 12% 11% 10% 2010 2011 2012 2013 2014 2015 Manhattan College

U.S. News Peers

OVERALL FUNDS RAISED, FISCAL YEARS 2010-2015 $18 $16 $14 $12 $10 $8 $6 $4 $2 $0 2010 2011 2012 2013 2014 2015 Figures are represented in millions.

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PRESIDENT’S REPORT

BOARD OF TRUSTEES CHAIRMAN Kenneth A. Rathgeber ’70 Retired Executive Vice President & CCO Fidelity Investments John Banks III ’85 President Real Estate Board of New York Renato Berzolla ’65 President Lux Engineering Patrick G. Boyle ’75, ’82 Retired Executive Vice President New York Life Investment Management Frank G. Byrne, FSC President Christian Brothers Academy Gerard Caccappolo ’63 Retired CEO Ebone Clare A. Cunniffe ’81 Vice President US Financial Services, Informatica Corp.

William N. Dooley ’75 Executive Vice President Financial Services & Asset Management, American International Group

Rosanne Thomas Matzat ’82 Partner, Bankruptcy Department Hahn Hessen, LLP Marybeth McCall ’74 Vice President and Chief Medical Officer Excellus BlueCross BlueShield Br. Michael J. McGinniss, FSC President Emeritus, Professor of Religion La Salle University John McMaster ’78 President for Preparedness Health & Safety Services, American Red Cross Peter M. Mulderry ’87 Managing Director of Marketing/Client Services Highfields Capital Management Peter Musumeci Jr. ’72 Consultant MetroBank (London) Brennan O’Donnell President Manhattan College Kenneth W. Orce ’65 Retired Executive Committee Member & Partner Cahill Gordon & Reindel LLP Michael Paliotta ’87 Managing Director Credit Suisse

Thomas Farrell ’83 Senior Managing Director Tishman Speyer

Michael J. Passarella ’63 Retired Partner PricewaterhouseCoopers LLP

William Hannon ’69 Executive Vice President/Chief Risk Officer Travelers Companies, Inc.

Michael J. Regan ’63 Retired Vice Chair & CAO KPMG LLP

Cornelius J. Higgins ’62 Retired CEO & Co-Chairman Applied Research Associates, Inc.

Anthony Scala Jr. ’74 President Lowy & Donnath Inc.

Moira A. Kilcoyne ’83 Co-head of Global Technology and Data Morgan Stanley

Br. Robert J. Smith, FSC Vice President Schools of Graduate and Professional Programs, Saint Mary’s University of Minnesota

John V. Magliano ’66 Chairman Emeritus Syska Hennessy Group Br. Dennis Malloy, FSC Provincial District of Eastern North America of the Brothers of the Christian Schools

Stephen J. Squeri ’81, ’86 Group President of Global Corporate Services American Express Margaret T. Walsh ’79 President Manhattan College Alumni Society

Br. William Mann, FSC President St. Mary’s University of Minnesota As of fiscal year 2014-2015.

ADMINISTRATION Brennan O’Donnell President William Clyde Executive Vice President and Provost

Salwa Ammar Dean of the School of Business

Keith Brower Dean of the School of Liberal Arts

Cheryl Harrison Executive Director of the School of Continuing and Professional Studies

William Merriman Dean of the School of Education and Health

Constantine Theodosiou Dean of the School of Science

Tim Ward Dean of the School of Engineering

William Bisset Vice President for Enrollment Management Br. Jack Curran, FSC Vice President for Mission Barbara FabĂŠ Vice President for Human Resources Matthew McManness Vice President for Finance & CFO Thomas Mauriello Vice President for College Advancement Andrew Ryan Vice President for Facilities Management Richard Satterlee Vice President for Student Life

Michael Carey Dean of Students

4513 Manhattan College Parkway Riverdale, NY 10471