Welch College 2017 Annual Report

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WE SEE STUDENTS WHO UNDERGO PROFOUND LIFE-CHANGE IN THE COURSE OF THEIR E D U C AT I O N AT W E LC H, A N D T H I S E X P E R I E N C E H E L P S T H E M TO T H I N K C H R I S T I A N LY A B O U T THE WHOLE OF LIFE.


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2017

President’s Report A Historic Year The 2016-17 academic year was a historic one at Welch College as we transitioned to our new campus in Gallatin, Tennessee. This process has been stressful, but it has been wonderful. It is unheard of to sell a campus, lease back a portion of it, thus reducing operations to a much smaller footprint, build a new campus, and begin operations on a completely new campus—and have to do this in such a brief window of time. What this means is that our faculty, staff, and students have experienced an unprecedented mix of difficulty and delight that has characterized this move. Our faculty and staff are to be commended for their diligent work and patience during this transition. Our relocation team, consisting of Bob Bass, Jon Forlines, Sandy Goodfellow, Greg Ketteman, Craig Mahler, and David Williford, as well as Mark Johnson and Tom Sass, has done a stellar job. Our students, who had to endure a month of online study and then joyfully endured the process of trouble-shooting in brand-new residence halls, have inspired me with their longsuffering and optimistic attitudes. One of those students, Josh Chapman, recently wrote the following on a blog, which encapsulates the outlook of our wonderful students: The transition was definitely a test of patience, but it was worth every bit of the wait. It’s wonderful. I leave my hotel-esque dorm to head to

O U R M I S S I O N: E D U C AT I N G L E A D E R S TO S E R V E C H R I S T, H I S C H U R C H, A N D H I S W O R L D THROUGH BIBLICAL THOUGHT AND LIFE.

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class, and I can’t help but be in awe of what God has blessed us with. We have finally entered a new level where the potential growth for our college is beyond the imagination of its founders seventy-five years ago. So as I reminisce about the old campus, I also look ahead to this new chapter and all that it will entail. As the buildings go down on West End, the good times will remain with me forever, but the memories yet to be made on Bison Trail will be both exciting and innumerable. It’s amazing to be a part of what God is doing with our school.

His Good News with others, and to live out Christian virtue in their day-to-day lives. You can see this in the following excerpts from remarks three of our seniors gave at Commencement:

Other than salvation in Christ, coming to Welch College has been the greatest experience of my life. . . . I attended Bible Conference at the college in 2014, and that conference forever changed my life. I knew from the moment I stepped in the door that this was where I needed to be. I understood very clearly that Welch was made up of people who valued We have also expanded the acreage of our campus. Through a partnership with God’s Word, and that made quite an impact on me. I have sat at the feet of the Free Will Baptist Foundation, Free Will Baptist North American Ministries, and professors who love the Lord and treasure His Word. . . . I never thought Free Will Baptist Family Ministries, the college purchased an additional 64 acres of I would enjoy dorm life, but as I hung out with my friends one last time, commercially zoned land with incredible I can say I will miss living in the road frontage and no flood plain. dorm more than words can express. After we sell a portion of this land to I have made some of my best friends real estate developers, buy out of this and had some of the deepest conW E H AV E TA K E N A Q UA N T U M partnership, and deed some acreage versations and times of prayer with to Family Ministries and the National friends in the dorm. The relationLEAP FORWARD IN TERMS OF Association of Free Will Baptists, we will ships I have forged at Welch will have about 92 acres of prime Nashvillelast a lifetime as I labor with these, FA C I L I T I E S , T E C H N O L O G Y, area real estate. This will help the college my partners in the gospel, until the tremendously, not only poising us for Lord returns or calls us home. A N D T H E CO L L E G I AT E C A M P U S future growth, but also strengthening us —Josh Colson, Ministry major financially, with land that will appreciF E E L AT O U R N E W LO C AT I O N. ate as this area continues to boom. Somewhere between my nervous Our new campus is a blessing from wreck of a historiography project, God, who providentially gave us a buyer sun-filled choir rehearsals, and my for the old campus, raised up donors who have provided close to $9 million in frenzied timeline handwriting, which always got me a B, the boundaries gifts toward this effort, and put the vision for a new campus into the hearts of Dr. of my understanding of the world were expanded, little-by-little. There’s Tom Malone and his team more than two decades ago. We invite you to visit the a hymn, “Thou Didst Leave Thy Throne,” and it plays on the story of new campus and let us take you on a tour, and we especially want you to be there Joseph and Mary’s search for a room for Jesus to be born. The chorus says, September 29, as we dedicate the new campus to the glory of God and celebrate “Come into my heart, Lord Jesus. There is room in my heart for thee.” I our seventy-fifth anniversary. think Welch College is in the business of making room for Jesus inside of people. My time here at Welch has re-marked the boundaries of my little world to make room for Christ’s kingdom in me. . . . To the students Mission and Purpose who have a little longer to stay: “The inner life fills and expands,” and it doesn’t stop. So fill it with Christ. Let Him make room in your life, . . . Having students walk across the stage to receive their degrees in May encouraged because—and I can testify to it—when you let Him fill you, He will me about the mission and purpose of Welch College. The education at Welch is carebecome a spring welling up to eternal life. I am thankful to the Lord for fully designed to produce “whole-souled” individuals who will have a transformative the work that He has done in me here. influence on every area of their lives from the vantage point of a Christian worldview. —Rebekah Zuniga, History major So we see students who undergo profound life-change in the course of their education at Welch. This experience helps them to think Christianly about the My time at Welch College transformed me; these have been years of whole of life, to be fervent in their relationship with Christ and zealous in sharing attempting bold things in faith, seeking Truth for myself, and learning to

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limitations of our old campus—which we loved dearly, but which had increasingly severe limitations—will extend our reach and help us add more students. We have experienced an increase in admitted students for this fall, and I would not be surprised if we reached the 500 mark in enrollment in the 2017-18 academic year. Our new campus and location in Sumner County also offer a wonderful setting to embark on a plan of strategic growth through a number of new programs that will extend our mission. These include, but are not limited to: • Master’s degrees in education, leadership, and other fields to complement our successful new M.A. in Theology and Ministry (from which we graduated our first four students in May) • More graduate ministry education, culminating in an M.Div. degree • A flexible Enriched Adult Studies program that will combine evening, weekend, and online study to allow Christian adults to complete their degrees • More dual enrollment relationships that will allow area high school students to enroll in college-level courses • New undergraduate programs of study such as math education, and more joint degree programs with other colleges in areas such as nursing and engineering desire the ways of God. Every step of the journey was worth it, because I grew into a person I was not confident enough to be when I arrived here. . . . Coming here was never a part of my plans. But I’ve learned within this community that the best stories start like that: when we release our grip on our plans and allow God to do His work. I transferred to Welch during the lowest valley of my Christian walk. And praise be to my Savior that He delivered me from my fears so that I could proclaim now: I made it out of the valley. And I’ll give glory to God because it’s by His grace that I have been transformed. —Brianna McNeese, English major It is rewarding to see our mission to educate leaders to serve Christ, His Church, and His world through biblical thought and life become a reality in the lives of our students and graduates. Watching them begin to realize their role in taking the gospel of the kingdom to the world in the context of their local church—and how that gospel of the kingdom changes their lives, families, and the culture around them—is what makes this Christian community of faith and learning what it is.

We have also engaged in some strategic leadership changes to aid in this growth. Dr. Greg Ketteman, who has had a wonderful tenure as Provost for the past eleven years, has transitioned to a new position, Vice President for Strategic Initiatives. In this new post, he will facilitate the addition of new programs and initiatives that will result in strategic growth for the college. Dr. Matthew McAffee has succeeded Dr. Ketteman as Provost, joined by Dr. Kevin Hester, the new Vice President for Institutional Effectiveness, and Matthew Bracey, the new Vice Provost for Academic Administration. William Slater, headmaster for 21 years of Hendersonville Christian Academy, has been named Dean of Enriched Adult Studies.

Thank You I am thankful to our faithful supporters. Without you, we would not be able to fulfill the mission to which God has called us. Thank you for the gifts you have given to sustain this institution in good times and bad. Your continued financial support, the students you send, and the prayers you pray for us mean more to us than you know.

Vision for the Future

Sincerely,

Having a new campus in a new location provides us with tremendous opportunities for growth. We have had a record number of high school students and parents visit our new campus. We have taken a quantum leap forward in terms of facilities, technology, and the collegiate campus feel at our new location. Shedding the

J. Matthew Pinson President

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I H AV E S AT AT THE FEET OF PROFESSORS WHO LOVE THE LORD AND

Board of Trustees Mr. Mike Armstrong

Rev. Ken Simpson

Educator Wheelersburg, OH

Vice-Chairman Pastor, Calvary Fellowship Free Will Baptist Church Fenton, MO

Rev. Will Beauchamp Pastor, First Free Will Baptist Church of Tampa Seffner, FL

Dr. Jeff Crabtree

TREASURE HIS WORD. —Josh Colson, Ministry major

Rev. Mark Stripling Secretary Pastor, First Free Will Baptist Church North Little Rock, AR

Chairman Pastor, Serenity Free Will Baptist Church Fredericton, New Brunswick, Canada

Rev. Shiloh Hackett Pastor, Bethlehem Free Will Baptist Church Ashland City, TN

Rev. Wayne Miracle Pastor, New Life Fellowship Free Will Baptist Church Statesboro, GA

Dr. Eddie Moody Pastor, Tippett’s Chapel Free Will Baptist Church Chairman, Department of Allied Professions, North Carolina Central University Clayton, NC

Rev. Brad Ryan Pastor, Ina Free Will Baptist Church Ina, IL

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Registration Report TOTA L E N R O L L M E N T: 376

States

Classification*

Other Categories*

Alabama................................................................ 18 Arkansas................................................................ 13 California................................................................ 2 Connecticut............................................................ 1 Florida.................................................................. 15 Georgia................................................................. 11 Illinois................................................................... 14 Indiana.................................................................... 2 Kansas..................................................................... 3 Kentucky................................................................. 4 Michigan................................................................. 4 Mississippi............................................................... 7 Missouri.................................................................. 8 North Carolina...................................................... 28 Ohio....................................................................... 8 Oklahoma............................................................... 4 Pennsylvania............................................................ 2 Rhode Island........................................................... 3 South Carolina...................................................... 11 Tennessee............................................................ 161 Texas....................................................................... 5 Virginia................................................................... 6 West Virginia.......................................................... 1 Virgin Islands.......................................................... 9 International......................................................... 36

Freshman.............................................................. 69 Sophomore............................................................ 62 Junior.................................................................... 67 Senior.................................................................... 54 Graduate School**................................................. 18 Non-Degree Part-Time......................................... 44 Dual Enrollment................................................... 64

Full-Time............................................................ 219 Part-Time............................................................ 157

Vocational* Christian Ministry (Grad)..................................... 18 Christian Ministry (Bach)..................................... 63 Christian Ministry (Assoc)...................................... 6 Missions................................................................ 11 Business................................................................ 30 English (TE Licensure: 8)...................................... 23 Exercise Science..................................................... 17 General Studies..................................................... 18 History (TE Licensure: 9)..................................... 18 Music (TE Licensure: 4).......................................... 9 Psychology............................................................ 17 Science/Nursing (TE Licensure: 1)........................ 26 Teacher Education................................................. 21 Non-Degree Part-Time......................................... 44 Dual Enrollment................................................... 64

Male.................................................................... 202 Female................................................................. 174 Single.................................................................. 304 Married................................................................. 72 Dorm.................................................................. 179 Commuter............................................................ 32 Graduate**............................................................ 21 ADP........................................................................ 5 Online................................................................... 40 Lifetime Learning.................................................. 37 Dual Enrollment................................................... 64 New...................................................................... 65 Transfer................................................................... 7 Continuing......................................................... 185 Re-admit............................................................... 13 Non-Degree Part-Time......................................... 44 Dual Enrollment................................................... 64 Free Will Baptist.................................................. 274 Other.................................................................. 102

*These numbers include students who are pursuing multiple degrees. “TE Licensure� indicates students in various content areas who are also Teacher Education students. **One student was both a continuing, commuting undergraduate senior (fall) and a non-degree part-time graduate student (spring), and a second was both a continuing, commuting, undergraduate senior (fall) and a new degree-seeking graduate student (spring).

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161

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THE STUDENT BODY REPRESENTS

23 S TAT E S ( U S A ),

1 TERRITORY (VIRGIN ISLANDS), AND

4 OTHER COUNTRIES

(BULGARIA, CANADA, CUBA, A N D PA N A M A ) .

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Since 1942

Top Giving Churches

OUR NEW CAMPUS IS A BLESSING FROM GOD, WHO P R O V I D E N T I A L LY

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1.

Lebanon Free Will Baptist Church

Effingham SC

$65,685.25

2.

Horse Branch Free Will Baptist Church

Turbeville SC $33,349.92

3.

First Free Will Baptist Church

4.

Albany GA

$27,601.00

Unity Free Will Baptist Church

Greenville NC

$20,025.04

5.

Bethel Free Will Baptist Church

Chapmansboro TN

$16,971.41

6.

Connect Church

Russellville AR

$15,895.28

7.

The Donelson Fellowship

8.

First Free Will Baptist Church

9.

New Hope Free Will Baptist Church

10.

Tippett’s Chapel Free Will Baptist Church

11.

Tupelo Free Will Baptist Church

12.

Northport Free Will Baptist Church

13.

Free Will Baptist Church of St. Croix

14.

Garner Free Will Baptist Church

15.

Bethlehem Free Will Baptist Church

16.

Grace for the World Ministries

17.

Sherwood Forest Free Will Baptist Church

18.

Red Bay Free Will Baptist Church

19.

First Free Will Baptist Church

20.

Macedonia Free Will Baptist Church

21.

Fairview Free Will Baptist Church

22.

Peace Free Will Baptist Church

23.

Ebenezer Free Will Baptist Church

GAVE US A BUYER FOR THE OLD CAMPUS AND RAISED UP DONORS WHO HAVE PROVIDED

Nashville

TN

$12,948.25

Dothan

AL

$11,723.92

Joelton TN

$10,833.12

IN GIFTS TOWARD

Clayton NC

$10,724.14

T H I S E F F O R T.

Tupelo MS

$9,000.00

Northport AL

$8,813.79

St. Croix

VI

Garner NC Ashland City

$8,594.00 $8,470.00

TN

$8,146.00

Dickson TN

$8,000.00

New Bern

NC

$7,923.58

Red Bay

AL

$7,376.78

Seffner

FL

$7,000.00

Millport AL

$6,200.00

Spartanburg SC $6,108.30 Wilson NC

$6,000.00

Glennville GA

$5,781.27

CLOSE TO $9 MILLION


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24.

Pine Level Free Will Baptist Church

25.

Porter Free Will Baptist Church

26.

Hurricane Chapel Free Will Baptist Church

27.

First Free Will Baptist Church

28.

Immanuel Free Will Baptist Church

29.

Alma GA

$5,673.00

Sciotoville OH

$5,507.00

McEwen

TN

$5,267.75

Vernon AL

$5,112.73

Durham NC

$5,002.80

Piney Grove Free Will Baptist Church

Chipley FL

$4,991.42

30.

Liberty Free Will Baptist Church

Marion NC

$4,895.00

31.

Temple Free Will Baptist Church

32.

Cofer’s Chapel Free Will Baptist Church

Nashville

TN

$4,653.00

33.

Cross Timbers Free Will Baptist Church

Nashville

TN

$4,636.13

34.

Bethany Free Will Baptist Church

Timmonsville SC

$4,510.00

35.

Head’s Free Will Baptist Church

36.

Westside Free Will Baptist Church

37.

Belk Free Will Baptist Church

38.

First Free Will Baptist Church

Walnut Ridge

AR

$3,740.00

39.

Bay Branch Free Will Baptist Church

Timmonsville SC

$3,691.00

40.

Serenity Free Will Baptist Church

Fredericton NB

$3,630.41

41.

Harper Road Free Will Baptist Church

Joelton TN

$3,618.85

42.

Calvary Fellowship Free Will Baptist Church

Fenton MO

$3,532.00

43.

Cookeville Free Will Baptist Church

Cookeville TN

$3,500.00

44.

First Free Will Baptist Church

45.

Fellowship Free Will Baptist Church

46.

Ashland City Free Will Baptist Church

47.

Winterville NC $4,769.00

Cedar Hill

TN

$4,489.00

Johnsville SC

$4,421.56

Belk AL

$3,950.00

Mountain Grove

MO

$3,416.00

Kingsport TN

$3,300.00

Ashland City

TN

$3,288.00

Sand Hill Free Will Baptist Church

Coward SC

$3,277.00

48.

Hyde Park Free Will Baptist Church

Norfolk

VA

$3,200.00

49.

Rocky Pass Free Will Baptist Church

Marion NC

$3,183.37

50.

Beaufort Free Will Baptist Church

Beaufort NC

$3,113.00

T O TA L ..............................................................................................................................$435,539.07

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Since 1942

Top Giving Associations

Annual Fund Gifts

Tennessee State Association of Free Will Baptists........................... $87,068.37

Tennessee.................... $215,341.03

California........................ $4,820.59

Alabama State Association of Free Will Baptists............................. $38,325.26

Missouri...................... $185,306.49

Indiana............................ $3,673.45

Missouri State Association of Free Will Baptists............................ $27,820.49

North Carolina............ $150,242.32

Washington..................... $2,142.20

Oklahoma State Association of Free Will Baptists.......................... $20,555.68

South Carolina............ $117,042.78

New Mexico.................... $2,006.58

Arkansas State Association of Free Will Baptists............................ $20,185.46

Georgia ........................ $89,990.79

Minnesota....................... $2,000.00

Oklahoma..................... $66,923.51

Canada............................ $1,945.95

Alabama........................ $65,460.41

Virgin Islands.................. $1,618.54

Florida.......................... $61,387.27

Idaho............................... $1,250.00

Arkansas........................ $58,516.27

Hawaii............................ $1,020.00

Illinois........................... $28,619.08

Maryland........................... $772.37

Mississippi..................... $23,826.17

Colorado............................ $600.00

Ohio............................. $21,050.55

Arizona............................... $595.98

Virginia......................... $12,783.43

Pennsylvania....................... $524.20

Texas State Association of Free Will Baptists.................................. $12,156.01 Mississippi State Association of Free Will Baptists......................... $11,165.17 Tennessee Women Active for Christ................................................ $7,401.84 Ohio State Association of Free Will Baptists.................................... $5,698.55 North Carolina State Association of Free Will Baptists.................... $5,152.59 North Carolina Women Active for Christ........................................ $4,517.00 Georgia State Association of Free Will Baptists................................ $3,691.30 Little Brown Creek Association of Free Will Baptists (MS).............. $3,430.00

Kentucky....................... $10,580.16

Kansas................................ $371.58

Illinios State Association of Free Will Baptists................................. $2,877.74

Michigan......................... $7,188.10

Oregon............................... $271.04

New Mexico Free Will Baptist District Association......................... $2,706.58

Texas .............................. $6,846.01

Brazil.................................. $180.00

Virginia State Free Will Baptist Mission.......................................... $2,460.00

West Virginia.................. $6,079.71

Delaware............................ $130.00

Central Association of Free Will Baptists (AR)................................ $2,432.35

T O TA L ....................$1,151,106.56

M Y T I M E H E R E AT W E LC H H A S R E - M A R K E D THE BOUNDARIES OF MY LITTLE WORLD TO MAKE ROOM FOR CHRIST’S KINGDOM IN ME. —Rebekah Zuniga, History major

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Corporate Donors & Foundation Gifts $100,000 +

$10,000 - $49,999

UNDER $1,000

Free Will Baptist Foundation

ExxonMobil Foundation Free Will Baptist Historical Commission Newberry Family Foundation, Inc.

Alvy’s Auto Electric Amazon DC Royalty, LMT Free Will Baptist International Missions Kroger Pleasant View Christian School Poston’s Trailer Repair LLC SunTrust Foundation Matching Gift Program

$50,000 - $99,999 Anonymous Do Unto Others Trust, Inc.

$1,000 - $9,999 Carolyn L. Schwieger Trust KGV Foundation of Community Engagement Lewis Letterworks Randall House Publications Welch College Alumni Association Women Nationally Active for Christ

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Donors

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PRESIDENT’S CIRCLE

H E R I TAG E C I R C L E

$20,000 - $999,999

$5,000 - $9,999

Mr. and Mrs. Mac Atkinson Mr. and Mrs. James W. Beasley Mr. and Mrs. Robert Bryan, Jr. Mr. and Mrs. James J. Conley Mr. and Mrs. Robert S. Conley Mr. and Mrs. Gerald A. Gilman Mr. and Mrs. Carol K. Harvey Dr. and Mrs. Paul W. Inbody Mr. and Mrs. Glen Roberts Mr. Ed Sitton

Rev. and Mrs. Randy Corn Mr. and Dr. F. Leroy Forlines Mr. and Mrs. R. David Johnson Mr. Fred T. Keifer, Jr. Dr. and Mrs. Paul G. Ketteman Mr. Brian Phillips Dr. and Mrs. Garnett H. Reid Mrs. Regina Y. Rose Mr. and Mrs. Van J. Stewart Mr. and Mrs. Gary W. Wright

LEGACY CIRCLE

EXECUTIVE CIRCLE

$10,000 - $19,999

$2,500 - $4,999

Anonymous Mr. Jack L. Daniel Mr. and Mrs. Earl K. Edmonds, Jr. Mr. and Mrs. Benjamin S. Evans Mrs. Betty Joslin Mrs. Edna M. Leckrone

Mr. and Mrs. Dennis A. Chamberlin Mrs. Vicki L. Cherry Mr. and Mrs. Larry C. Cook Rev. and Mrs. C. Michael Edwards Mrs. Lesa Parker Enlow Dr. Milton B. Fields

Mr. and Mrs. Jimmy L. Holley Mr. and Mrs. Jason King Mr. and Mrs. Cameron A. Lane Rev. Thomas R. McCullough Mr. Nolan E. Purcell Mr. and Mrs. Thomas A. Sass Dr. and Mrs. Melvin Worthington

LEADERSHIP CIRCLE $1,000 - $2,499 Rev. and Mrs. Jimmy Aldridge Mr. and Mrs. A. C. Allen Mr. and Mrs. J. W. Allen William A. Armstrong Mrs. Lisa Brannen Ms. Dorothy A. Brown Ms. Kay F. Brown Mrs. Helen Y. Cannon Rev. and Mrs. Tommie D. Carlson Mr. and Mrs. James R. Carr Mr. and Mrs. John L. Carter Mr. and Mrs. Robert Carter


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Mr. Zenis R. Childress Rev. and Mrs. Russell Clouse Dr. and Mrs. Jeff Cockrell Mr. and Mrs. Robert P. Cooper Mr. and Mrs. Thomas A. Davis Mr. and Mrs. Daniel M. Dean Mr. and Mrs. David C. Edgil Dr. and Mrs. Timothy F. Edwards Mr. William W. Ezell Mr. and Mrs. Ronald W. Ferrell Mr. and Mrs. Waymon Fields Mr. and Mrs. Brad Fisher Mr. and Mrs. Nathan Fletcher Rev. and Mrs. Gary W. Fry Chaplain and Mrs. Lee Frye, Jr. Mr. Darrell L. Fulton Mr. and Mrs. James S. Futrell Rev. and Mrs. Frank Giunta Mr. and Mrs. Joseph A. Goodfellow Mr. and Mrs. Watson Hall Mr. Thurman B. Hall II Mr. and Mrs. Dale Harris Miss Judith Harrison Mrs. Carolyn Head Estate of Valera Faye Head Mr. Barney D. Hicks Rev. and Mrs. Edward L. Hodges, Jr. Rev. Roy S. Jensen Col. and Mrs. Mark Johnson Mr. Ernest Joyce Mrs. Altha T. Keifer Ms. Bernadene Little Kemble Dr. and Mrs. James Kilgore Mr. and Mrs. James Maute Mr. Carl D. McCabe Rev and Mrs. Wayne Miracle Mr. and Mrs. John F. Mouser Mrs. Juanita Nicholson Drs. Greg and Etta Patterson Dr. Robert E. Picirilli Mr. and Mrs. John W. Pinson Dr. and Mrs. J. Matthew Pinson Mr. and Mrs. John C. Powelka Ms. Dorothy Prescott

Mr. and Mrs. Mike Price Mr. and Mrs. Roger G. Russell, Jr. Dr. and Mrs. Richard H. Sample Mr. and Mrs. Leon M. Sandifer Mr. and Mrs. Adam D. Scott Drs. Douglas J. and Judy Simpson Mr. and Mrs. Donald L. Smith Mr. M. Lee Smith Mr. Chris Snoddy Mr. and Mrs. Greely D. Stafford Mr. and Mrs. Kerry M. Steedley Mr. and Mrs. D. M. Tart Dr. and Mrs. Charles A. Thigpen Mrs. Dianne Tippett Mr. and Mrs. Ray C. Turnage Mr. and Mrs. Gary W. Turner Mr. and Mrs. Kenneth A. Upright Mr. and Mrs. Kent Waller Rev. and Mrs. Fred M. Warner Mr. and Mrs. H. L. Warren Mrs. Elaine M. Williamson Rev. and Mrs. David Williford Dr. and Mrs. Milton Worthington Dr. and Mrs. Frederick L. Yerby Mr. and Mrs. Rodney N. Yerby Mr. and Mrs. John G. Zubor

FRIENDSHIP CIRCLE $250 - $999 Anonymous (4) Mr. Phillip L. Adkins Rev. and Mrs. Derek Altom Mr. and Mrs. Michael L. Armstrong Mr. and Mrs. Phillip Ashcraft Miss Julie Banner Mrs. Ann Barker Miss Molly Barker Mr. and Mrs. Billy W. Barnette Mr. and Mrs. Billy W. Barr Mr. and Mrs. Leroy Blades Rev. and Mrs. Ronnie Blanks Mrs. Verla Blowe

Mr. and Mrs. Max Bolin Mr. and Mrs. Richard W. Bowers Ms. Hilda J. Boyd Mr. and Mrs. Randolph W. Brooks Mr. and Mrs. Tildon J. Brooks Mr. Joe C. Brown Mr. and Mrs. Edgar J. Brumfield Mr. and Mrs. Robert T. Bryan Rev. and Mrs. Randall A. Bryant Rev. and Mrs. David L. Burgess Mr. and Mrs. Heyward J. Butler Mr. and Mrs. Kevin Buttry Ms. Gale Cales Mr. and Mrs. George R. Capps Mrs. Gwen Carraway Miss Mary V. Carter Mr. and Mrs. Jeffrey L. Caudill Miss Doris J. Chamberlin Mr. and Mrs. Gary F. Clark Mr. T. Ross Clark Mr. and Mrs. Larry Coker Mr. and Mrs. W. Glenn Cole Mr. Charles A. Cowan Mr. and Mrs. Ronnie Crowder Dr. Stan M. Culpepper Mr. and Mrs. Larence R. Cusick Mrs. Mildred Daniel Mr. and Mrs. Walter A. Daniels Mr. and Mrs. William H. Day Mr. and Mrs. Marvin L. Deaver Mr. and Mrs. Levia L. Deel Ms. Gwen Dismuke Mr. and Mrs. Paul R. Drake Mr. and Mrs. Edward E. Driggers Rev. and Mrs. Galen F. Dunbar Dr. and Mrs. Kenneth P. Eagleton Mr. and Mrs. Ronnie B. Finch Mr. Wayne Fry Mr. J. Wayne Gilliam Mr. and Mrs. Michael L. Gillin Chaplain and Mrs. Walter E. Golding Mr. and Mrs. Walter E. Gragg Rev. and Mrs. Shiloh C. Hackett Ms. Debra R. Haddock

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Mr. and Mrs. Harold B. Hall Mr. and Mrs. Neil Hearn Rev. and Mrs. Edwin L. Hill Rev. A. L. Hines Mr. Thurman Holcomb Ms. Carol D. Holland Ms. Barbara Jean Howard Mr. and Mrs. Jimmy Hunter Rev. and Mrs. Bobby R. Jackson Mr. and Mrs. Billy L. James Mr. and Mrs. Samuel E. Johnson Mrs. Dessie B. Jones Mr. and Mrs. Larry G. Jones Mr. and Mrs. Phillip Jones Mrs. Mary K. Joslin Rev. and Mrs. Jonathon S. Justice Mr. John H. Kinnick Mr. Gerald R. Kirby Mr. and Mrs. Robert E. Kirven Mr. and Mrs. John Latham, Jr. Mr. and Mrs. Jim Lauthern Mr. and Mrs. Kevin Lauthern Mr. and Mrs. Donald G. Lee Mr. and Mrs. Raymond G. Lee

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Mrs. Carolyn Hasty Lemaster Rev. and Mrs. Ernie L. Lewis Mr. and Mrs. James A. Lewis Mr. and Mrs. Paul E. Lewis Ms. Nancy Z. Maddox Mr. and Mrs. Rick Mayo Mr. and Mrs. Roland L. McBride Mr. and Mrs. John M. McCall Rev. and Mrs. Jerry W. McClary Mrs. Olena McLain Mr. and Mrs. Samuel P. McVay Mrs. Hazel Metcalf Mrs. Marlene C. Mikell Mr. and Mrs. Dwight Mitchell Mr. and Mrs. Glysal D. Mizelle Dr. and Mrs. Edward E. Moody, Jr. Mr. and Mrs. Hamlee H. Moon Mr. and Mrs. Bobby R. Moore Mrs. Velma Moseley Mr. and Mrs. Marvin L. Mouser Rev. and Mrs. Jeffery L. Nichols Rev. and Mrs. Michael Oliver Rev. and Mrs. Tim D. Owen Mr. and Mrs. Joshua R. Owens

Mrs. Frances Parrish Mr. and Mrs. Lee A. Penn Mr. and Mrs. C. Wayne Perry Rev. and Mrs. Judson Phenicie Mr. and Mrs. Timothy L. Pierce Mr. and Mrs. David C. Pool Rev. and Mrs. Donald G. Poston Mr. and Mrs. David L. Rackley Mr. and Mrs. Jerry L. Rackley Mr. and Mrs. Skeeter Redmon Mr. And Mrs. Harold L. Register Mr. and Mrs. G. Norman Richmond Mr. and Mrs. John W. Riddle, Jr. Rev. and Mrs. Brad Ryan Mr. and Mrs. J. Wayne Salyer Mrs. Luella Scudder Rev. and Mrs. David Shores Mr. and Mrs. Michael H. Shute Mr. and Mrs. Robert Smith Mrs. Karen M. Sparks Mr. and Mrs. Wayne E. Spruill Mr. and Mrs. John R. Stanley Mr. Larry Stephens Mr. and Mrs. Gary Stephens Mr. James Lester Strickland Mr. and Mrs. Jim B. Taylor Mr. and Mrs. Michael T. Thompson Mr. and Mrs. Danny J. Trail Miss Patsy Vanhook Rev. and Mrs. Bill VanWinkle Rev. Billy B. Walker Mr. and Mrs. Stanley L. Wall Mr. and Mrs. William J. Watts Rev. and Mrs. Daniel Webster Miss Pamela B. Westerman Mr. and Mrs. Donald G. White Mr. and Mrs. Harold R. Williams Miss Marjorie L. Williams Mrs. LaWanda Williamson Ms. Betty J. Willis Mr. and Mrs. Eugene Workman Mrs. Linda C. Wrightson Ms. Janiece Yerby Mr. and Mrs. Leland T. Zegelien


welch.edu

2016-2017

Revenues & Expenditures INCREASE IN NET ASSETS: $6,361,586

Revenues

Expenses

Unrestricted Funds

Unrestricted Funds

T O TA L REVENUES

T O TA L EXPENSES

$12,072,486

$5,710,900

Tuition & Fees

$2,509,403

Instructional

Annual Fund

$1,151,107

Academic Support

$381,932 $585,434

Other Unrestricted

$14,886

Student Services

Investment, Endowment, & Misc.

$52,665

Institutional Support

Auxiliary

$1,022,909

Physical Plant

NARFR

$6,879,053

Interest Expense

Other Changes in Net Assets

$442,463

Auxiliary

$1,631,816

$1,624,581 $746,200 $41,823 $699,114

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T H E E D U C AT I O N AT W E LC H I S C A R E F U L LY DESIGNED TO PRODUCE “WHOLE-SOULED” INDIVIDUALS WHO WILL H AV E A T R A N S F O R MAT I V E I N F LU E N C E O N E V E RY A R E A O F T H E I R L I V E S F R O M T H E VA N TAG E P O I N T O F A CHRISTIAN WORLDVIE W.

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