WELCH COLLEGE 2015 ANNUAL REPORT
O UR MISSIO N
EDUCATING LEADERS TO SERVE CHRIST, HIS CHURCH, AND HIS WORLD THROUGH BIBLICAL THOUGHT AND LIFE.
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2015 PRESIDENT’S REPORT “Through this place and these wonderful people that fill it, God has continued to show me that truly He always knows better than I do in each and every circumstance…
J. Matthew Pinson, President
Without Welch College, I would not have been able to experience classes that have changed the way I think, the way I live, and the way I make decisions. I would not have found professors and mentors that took the time, not simply to teach me a concept, but to speak into my life and push me to be the absolute best that I can be.” –Audrey Jordan, Class of 2015
“Before I began this journey at Welch College, I was told by many people that this place would greatly change me. I think they were completely right. I have completely changed….Welch College has been life-transforming. I have made friendships that will last a lifetime. I have made decisions that have shaped me greatly. I have been taught faithfully by people who were selfless. I have been given an education that is biblical, Christ-focused, and gospel-centered. I have been given an education that has rooted me deeply in the Scriptures, our heritage, and our Free Will Baptist doctrine.” –David Dell, Class of 2015 (transfer student from Gateway Christian College)
These excerpts get to the heart of Welch College’s fulfillment of its mission, to educate leaders to serve Christ, His Church, and His world through biblical thought and life. At Welch, we continue to combine academic excellence and spiritual formation in a tight-knit Christian community of faith and learning where we know each student by name and where faculty invest themselves in the lives of their students. There are few colleges and universities where these three things—spiritual formation, academic excellence, and a small, mentoring community— THERE ARE FEW COLLEGES come together in the same place, as they do at Welch. AND UNIVERSITIES WHERE SPIRITUAL FORMATION, ACADEMIC EXCELLENCE, AND A SMALL, MENTORING COMMUNITY COME TOGETHER IN THE SAME PLACE.
SPI RI TUAL FORM ATI ON Welch College is a place for spiritual formation. Ask the members of the Class of 2015, and they will tell you Welch is a place where they saw how their heads, hearts, and hands connected as they were challenged to find their unique Kingdom purpose and were equipped with the tools to fulfill that purpose. They will tell you of experiences like this past year’s Forum15 conference on Authentic Spirituality, WELCH COLLEGE | 2015 Annual Report
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THE MEMBERS OF THE CLASS OF 2015 HAVE LEARNED THAT SPIRITUALITY IS NOT JUST AN INDIVIDUALISTIC EXPERIENCE, BUT IT’S ABOUT THE CHURCH AND THE WORLD AROUND US.
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which challenged them to emphasize the spiritual disciplines in their everyday lives. They will tell you of how they have learned to forge a Christian worldview, taking every thought captive to the obedience of Christ, and bowing to the Lordship of Christ in the whole of life. And they will tell you how they have learned that spirituality is not just an individualistic experience, but it’s about the church and the world around us. It’s about the Great Commandment— loving God and neighbor—and it’s about the Great Commission—making disciples of the nations starting here at home and extending across the globe. Our students will tell you that Welch is a place where everyone is seen as a leader—whether an ordained minister or lay leader—in the church and the world. It’s a place where ministry and church and Great Commission involvement are
an everyday part of life on campus. It’s a place where laypeople discover how they can serve as salt and light in diverse career fields while serving alongside their pastor as a lay leader in the local church. Yet it’s a place where 60% of our male students are ministers.
ACADEM I C EXCELLENCE Ask the members of the Class of 2015, and they will tell you that Welch College is a place of growing academic excellence. This is seen by our regional and national accreditation, our ranking in U.S. News and World Report’s Best Colleges, our high retention and graduation rates, and the high percentage of faculty with earned doctorates. We rank favorably when compared with schools that are five and ten times the size we are and have twenty and thirty times the endowment we have.
Our students choose from forty major fields of study, and we have high placement rates in competitive job markets as well as a stellar acceptance rate in graduate schools. Our students’ love for Welch and their satisfaction with their experience here is seen in the high scores we receive on the Noel-Levitz Student Satisfaction Inventory, an anonymous survey of students that measures their satisfaction with their college experience and compares it to thousands of other colleges nationwide. Our alumni are also pleased, which is evidenced by the unusually high percentage of children of alumni who are enrolled, as compared with other private Christian colleges and universities.
A S M A L L , ME N TO R IN G COM M U N I T Y
College is a small, mentoring community. They’ll say it’s not a place where most of your classes are taught in large lecture halls and you never get to know your professors outside the classroom. Rather, they’ll tell you it’s a place where faculty know their students’ names, not just because of the 9-to-1 student-faculty ratio, but because faculty care about their students and see teaching and mentoring students as their calling. Our graduates will tell you this is a place where faculty pour themselves into the lives of their students in mentoring relationships that emphasize spiritual, personal, and intellectual growth. It’s a place where faculty give personalized attention to students and give them the help they need in intern-
Ask members of the Class of 2015, and they will tell you that Welch
ship and job placement, entrance to graduate and professional schools, WELCH COLLEGE | 2015 Annual Report
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and other ways that a Welch College education connects with their students’ professional development. But most of all, it’s a place where lasting friendships are forged with fellow students and members of the faculty and staff—friendships that last a lifetime. I encourage you to tell the students, parents, and church leaders around you about Welch College. Tell them what the Class of 2015 already knows. Tell them what Welch has to offer students who desire an excellent, accredited education in the context of spiritual formation and a small, mentoring community.
A T IM E OF G R O WTH This year we experienced another year of growth in enrollment and finances. This is a marked contrast from the picture a few years ago. We have experienced approximately 30 percent growth in dormitory enrollment over the last two years. About one-fifth of this growth came from the transfer of the majority of Gateway Christian College’s students who remained after that school’s untimely closure in the spring of 2013. The coming of these students from Gateway into our community has fulfilled our vision of being a force for unity in our denomination. We are seeing a growing denominational unity take shape before our eyes as Free Will Baptist students from different kinds of church backgrounds gather in a common space and focus on things that unite them as they grow together spiritually and in their understanding of their common Free Will Baptist faith, practice, and heritage. What a blessing it is to see renewal and fresh unity occurring with the Millennials on the campus of Welch College! 4
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A few years ago, I was reporting to you an enrollment that was declining in the worst economy since the Great Depression, which had a deleterious effect not only on our enrollment but also on giving. I reported to you just two years ago about the fifty-yearold defined benefit pension plan that caused us to have to borrow $3 million. This cash outlay was needed to pay the additional pension payments newly mandated by the federal government and finally to end the pension and pay out full benefits to all the retirees and pensioners that were vested in the program. This was the perfect storm—a recessionary economy that was affecting our enrollment and our giving, just as it was other small private Christian colleges, combined with a pension crisis that caused us to have to borrow $3 million. I am thankful to say that Welch College is recovering from these economic and enrollment difficulties. The 2014-15 fiscal year witnessed a substantial budget surplus. We still have a way to go, but we have made amazing progress in the past two years. We believe enrollment and giving will gradually continue to rise. This doesn’t mean that we won’t have ups and downs, but we believe the trend will be in the upward direction.
C A MP U S R E L O C ATIO N Now I want to tell you about the prospect that we believe has the most potential for helping us, not only in mission fulfillment, but also in the continued enrollment and financial growth of the college: the relocation of our campus. I am thrilled to report that, on June 19, the college closed on the sale of its West End Avenue campus and is set to begin construction on its new campus site! The campus was purchased by Mike Ford Custom Builders, LLC, a custom home building company in Middle Tennessee that is wellknown for its fine homes in nearby Franklin and Brentwood. That firm plans to construct multi-family units on the four contiguous lots on West End Avenue and single-family homes on Richland Avenue. We had been praying that God would bring us the right buyer who could purchase this campus, develop the property in a way that met with the approval of our neighborhood as well as the City of Nashville, including the Metro Historical Commission, and help us fulfill the vision of campus relocation. CEO Mike Ford said, “We are so excited about this project. We are very thankful to be able to play the major role in adding 50 wonderful homes to this community. It’s already been very rewarding to meet and work with folks at Welch College. We couldn’t be happier that we have been able to help the college realize its dream of a new campus. I’d just like to thank everyone involved.” The sale included all the campus property except Welch Library. We believe that the buzz of new construction in the neighborhood will increase the price of that home, one of the most important historic homes in Nashville. Davidson Hall, the college’s first building, was part of the deal and will be restored and sold as a single-family home. This transaction is even better than the offer the college had from Aquinas College two years ago. We are grateful for that, because construction costs have risen since that time. Furthermore, we are
THE NEW CAMPUS SITE IS NEAR MEDICAL AND EDUCATIONAL RESOURCES AND JOB OPPORTUNITIES FOR STUDENTS, IS SURROUNDED BY NEW HOUSING DEVELOPMENTS, AND IS STILL IN THE GREATER NASHVILLE AREA.
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The Main Hall on the new Welch College campus will include a library, classrooms, faculty offices, and administrative offices.
increasing the square footage of our residence halls because of the 30 percent growth in dorm enrollment Welch experienced over the past two years. The new campus will be built on a 66-acre site in Gallatin, Tennessee, which the college acquired for $3 million in 2008, and which was recently appraised at $5.8 million. This property, a 25-minute drive from downtown Nashville, is situated in a fast-growing suburban community in Sumner County. The site meets all the criteria the college set at the beginning of its land search. Much like the current campus, the new property is close to a limited access freeway, being less than a mile off State Route 386 (Vietnam Veterans Boulevard). It is near medical and educational resources and job opportunities for students, is surrounded by new housing developments, and is still in the Greater Nashville area. Sumner County is experiencing rapid economic and population growth. An array of restaurants, shops, and malls are opening in retail developments located a few minutes from the campus. Healthcare facilities and housing developments are also being built at an impressive rate. Bob Bass, campus relocation consultant, said, “The loca8
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tion of the new campus site is excellent. Within a few minutes of the campus are both affordable homes for faculty and staff, as well as Fairvue Plantation and Foxland, high-end housing developments that provide job opportunities similar to what the college’s current Belle Meade surroundings have offered Welch students for decades.” Sumner County’s vibrant economy, along with its inviting small-city atmosphere, means that the college will have the benefits of the larger Nashville community as well as the charm and convenience of the Gallatin and Hendersonville communities. Colonel Mark Johnson, chairman of the Relocation Task Force, who spearheaded the property search, said, “We looked at over 100 potential sites before deciding on this beautiful land in Sumner County. Gallatin city officials, as well as business and educational leaders, have warmly welcomed us to the community. We’re now ready to take the next step.” Gallatin Mayor Paige Brown said, “Gallatin is delighted to welcome Welch College to our community. We are honored that this highly respected institution has chosen to relocate its campus in Gallatin. We look forward to the day that Welch
SUMNER COUNTY IS EXPERIENCING RAPID ECONOMIC AND POPULATION GROWTH. AN ARRAY OF RESTAURANTS, SHOPS, AND MALLS ARE OPENING IN RETAIL DEVELOPMENTS LOCATED A FEW MINUTES FROM THE CAMPUS.
opens its doors and welcomes students to its new campus. Welch College has demonstrated its commitment to exceedingly high standards, and that commitment to excellence is a perfect fit for the City of Gallatin.� The Gallatin property is more than seven times the size of the West End Avenue campus. This means the college will not have to cap enrollment or curtail new academic programs planned for the future. There is room to construct buildings for instructional needs and student housing adequate for the present and far into the future. The new campus will have a traditional, residential college campus feel. The campus quadrangle and buildings will feature classic, Jeffersonian campus architecture with fresh, new, and technologically up-to-date interiors. The larger campus site will have much more green space than the old campus. It will permit the construction of outdoor sports facilities for students and provide adequate parking for students, faculty, staff, and guests. Students’ dormitory rooms will be larger, and both dorms will feature suite-style living arrangements. The college has secured the services of Focus Design Builders, a Wake Forest, North Carolina-based firm, to construct the campus. They are working with Raleigh, North Carolina-based Design Development Architects, who will provide architectural and engineering services, and Brentwood, Tennessee-based Southland Constructors, who will handle construction management for the new campus. The goal for completion of construction and opening of school on the new campus is September 2016, January 2017 at the latest. We are thankful to God for bringing to fruition the vision of a new campus that was initiated by president emeritus Dr. Tom Malone and his team more than two decades ago. A number of steadfast supporters of this vision have been supporting it financially over the past several years. This has enabled the college to pay down debt on the new campus site as well as engage in planning and design for the campus. A new campus in Gallatin will not only help us continue our enrollment growth, but it will also help us pay down our current debt through a capital campaign, since our plans call for a similar debt load on the new campus to what we have now. However, the big difference is that we will have a capital campaign to help us fund the construction of the campus and pay down our debt. We will also save money going forward on utilities and maintenance, with new buildings that are far more energy efficient than the fifty- and hundred-year-old buildings on WELCH COLLEGE | 2015 Annual Report
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Fine Arts Building and Dining Hall
Women’s Residence Hall
PLEASE BE IN PRAYER FOR WELCH COLLEGE AS WE EMBARK ON THE MOST IMPORTANT TRANSITION IN THE HISTORY OF OUR BELOVED INSTITUTION. PRAY THAT GOD WILL PROVIDE THE NEEDED FUNDS FOR THIS ENDEAVOR, AND PRAY ABOUT YOUR INVOLVEMENT IN THIS HISTORIC EVENT OF THE RELOCATION AND CONSTRUCTION OF A NEW CAMPUS FOR WELCH COLLEGE, FOR THE GLORY OF GOD AND THE EXTENSION OF HIS KINGDOM. Aerial view of the new Welch College campus
our current campus. In addition, we will have opportunities for generation of revenue—such as rental income from summer conferences and retreats—that we do not have on our current campus. Indeed, the relocation of our campus will be the best way to grow our enrollment and continue the financial recovery we have begun to see over the past two years. Our capital campaign to raise needed funds for campus construction is entitled Building on the Legacy. In a silent phase to the Building on the Legacy campaign, we have already raised $2.1 million in pledges ($1.6 million of which has already been received). We need to raise an additional $5.4 million in cash and gifts-in-kind ($3.4 million in fiveyear pledges and $2 million in gifts-in-kind of materials, labor, fixtures, etc.). These funds, together with those received from the sale of the West End campus and cash reserves, will pay for the $20 million-plus construction of the new campus. We are calling on friends of the college to invest in this campaign, which will be a once-in-a-lifetime investment in the kingdom mission of Welch College. We will be unveiling more about the new campus and the Building on the Legacy campaign at the annual meeting of the National Association of Free Will Baptists in Grand Rapids, Michigan. Details about campus relocation can be
found at BuildingontheLegacy.org. Please be in prayer for Welch College as we embark on the most important transition in the history of our beloved institution. Pray that God will provide the needed funds for this endeavor, and pray about your involvement in this historic event of the relocation and construction of a new campus for Welch College, for the glory of God and the extension of His kingdom.
THANK YOU I want to thank you, our denominational family, alumni, and supporters, for your prayers for Welch College, for your financial support in the bad times and the good times, and for pointing students to this unique Christian community of faith and learning. We ask that you continue to partner with us as we move boldly into the future with campus relocation, mission fulfillment, and growth! In Christ,
J. Matthew Pinson President
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BOARD OF TRUSTEES M R. M I K E A R MS TR O N G
DR. EDDI E M OODY
Assistant Principal, Northwest Elementary School Wheelersburg, OH
R E V. W I LL B E A U C H A MP
Pastor, Tippett’s Chapel Free Will Baptist Church Chairman, Department of Allied Professions, North Carolina Central University Clayton, NC
Pastor, First Free Will Baptist Church of Tampa Seffner, FL
REV. TERRY PI ERCE
D R . J EF F C R A B T R E E Pastor, Serenity Free Will Baptist Church Fredericton, New Brunswick, Canada
REV. KEN SI M PSON
Pastor, South Highland Free Will Baptist Church Muscle Shoals, AL
VICE-CHAIRMAN Pastor, Calvary Fellowship Free Will Baptist Church Fenton, MO
RE V. BIL LY H A N N A
REV. M ARK STRI PLI NG
Pastor, First Free Will Baptist Church Albany, GA
SECRETARY Pastor, First Free Will Baptist Church North Little Rock, AR
R E V. S H ILO H H A C K E TT
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CHAIRMAN Pastor, Tupelo Free Will Baptist Church Tupelo, MS
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R E G I S T R AT I O N R E P O R T Total Enrollment: 359 STAT E S Alabama.......................................... 15 Arizona.............................................. 1 Arkansas.......................................... 16 California......................................... 2 Florida............................................ 15 Georgia........................................... 12 Illinois............................................. 11 Indiana.............................................. 3 Kansas .............................................. 1 Kentucky.......................................... 4 Michigan........................................... 5 Mississippi......................................... 6 Missouri........................................... 9 North Carolina................................ 25 Ohio............................................... 12 Oklahoma......................................... 4 Rhode Island..................................... 1 South Carolina.................................. 7 Tennessee...................................... 157 Texas................................................. 3 Virginia........................................... 15 West Virginia.................................... 2 Wisconsin......................................... 1 Virgin Islands ................................... 5 International................................... 27 The student body represents 23 states (USA) and three other countries (Canada, Cuba, and Panama).
CL A S S I F I C ATIO N Freshman........................................ 93 Sophomore...................................... 91 Junior.............................................. 60 Senior.............................................. 50 Non-Degree Part-Time................... 32 Dual Enrollment............................. 33
THE WELCH COLLEGE STUDENT BODY REPRESENTS 23 STATES.
V O C ATI ONAL
OTHER CATEGORI ES
Christian Ministry (Bach.).............. 74 Christian Ministry (Assoc.)............. 17 Missions............................................ 9 Business.......................................... 36 English (TE Licensure: 6)................ 20 Exercise Science (TE Licensure: 2).... 21 General Studies............................... 17 History (TE Licensure: 7)............... 15 Music (BME Licensure: 7).............. 13 Psychology...................................... 20 Science/Nursing.............................. 25 Teacher Education*......................... 27 Non-Degree Part-Time................... 32 Dual Enrollment............................. 33 *Teacher Education includes these areas: Bible, Biology, Early Childhood, Elementary, English, History, Music, and Physical Education.
Full-Time...................................... 249 Part-Time...................................... 110 Male.............................................. 198 Female........................................... 161 Single............................................ 282 Married........................................... 77 Dorm............................................ 199 Commuter...................................... 45 ADP.................................................. 5 Online............................................. 49 Lifetime Learning............................ 30 Dual Enrollment (off-site only)....... 31 New................................................ 65 Transfer........................................... 36 Continuing................................... 184 Re-admit .......................................... 9 Non-Degree Part-Time................... 32 Dual Enrollment (all)...................... 33 Free Will Baptist............................ 274 Other.............................................. 85
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TOP GIVING CHURCHES
14
1.
First Free Will Baptist Church
2.
Horse Branch Free Will Baptist Church
3.
First Free Will Baptist Church
4.
Beaufort NC
$55,485
Turbeville
SC
$44,886
Albany
GA
$29,537
Unity Free Will Baptist Church
Greenville
NC
$19,993
5.
The Donelson Fellowship
Nashville
TN
$17,220
6.
Bethel Free Will Baptist Church
Chapmansboro
TN
$13,619
7.
First Free Will Baptist Church
Dothan
AL
$13,572
8.
Connect Church
Russellville AR
$11,949
9.
Tupelo Free Will Baptist Church
Tupelo
MS
$10,563
10.
First Free Will Baptist Church
Northport
AL
$9,408
11.
Garner Free Will Baptist Church
Garner
NC
$8,580
12.
Sherwood Forest Free Will Baptist Church
New Bern
NC
$8,074
13.
New Hope Free Will Baptist Church
Joelton TN
$7,861
14.
Tippett’s Chapel Free Will Baptist Church
Clayton NC
$7,858
15.
Crossroads Free Will Baptist Church
Jenks OK
$7,320
16.
Red Bay Free Will Baptist Church
Red Bay
$7,030
17.
Grace for the World Ministries
18.
Cross Timbers Free Will Baptist Church
19.
Peace Free Will Baptist Church
20.
South Highland Free Will Baptist Church
21.
Temple Free Will Baptist Church
22.
Hurricane Chapel Free Will Baptist Church
23.
Calvary Fellowship Free Will Baptist Church
Hollywood FL
$5,430
24.
Cofer’s Chapel Free Will Baptist Church
Nashville TN
$5,185
25.
Liberty Free Will Baptist Church
Ayden NC
$5,157
26.
Calvary Fellowship Free Will Baptist Church
Fenton MO
$4,885
27.
Immanuel Free Will Baptist Church
Durham NC
$4,694
28.
Bethlehem Free Will Baptist Church
Ashland City
TN
$4,661
29.
Harper Road Free Will Baptist Church
Joelton TN
$4,626
30.
White Oak Hill Free Will Baptist Church
Bailey NC
$4,360
31.
First Free Will Baptist Church
Vernon AL
$4,338
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AL
Dickson TN $7,000 Nashville TN
$6,053
Wilson NC $6,000 Muscle Shoals
AL
$5,656
Winterville NC
$5,500
Dickson TN $5,450
32.
Piney Grove Free Will Baptist Church
33.
Bethany Free Will Baptist Church
34.
Chipley FL
$4,250
Timmonsville SC
$4,225
First Free Will Baptist Church
Florence AL
$4,057
35.
First Free Will Baptist Church
Seffner FL
$4,000
36.
Beulah Free Will Baptist Church
Pamplico SC
$3,998
37.
First Free Will Baptist Church
North Little Rock
AR
$3,860
38.
Ebenezer Free Will Baptist Church
Glennville GA
$3,727
39.
First Free Will Baptist Church
Walnut Ridge
AR
$3,690
40.
Pine Level Free Will Baptist Church
Alma GA
$3,679
41.
Cookeville Free Will Baptist Church
Cookeville TN
$3,500
42.
Philadelphia Free Will Baptist Church
Folkston GA
$3,424
43.
Free Will Baptist Church of St. Croix
St. Croix
VI
$3,325
44.
Westside Free Will Baptist Church
Johnsonville SC
$3,318
45.
Liberty Free Will Baptist Church
Marion NC
$3,313
46.
Fellowship Free Will Baptist Church
Kingsport TN
$3,300
47.
Rocky Pass Free Will Baptist Church
Marion NC
$3,283
48.
First Free Will Baptist Church
Sulligent AL
$3,101
49.
Fairview Free Will Baptist Church
Spartanburg SC
$3,004
50.
Temple Free Will Baptist Church
Darlington SC
$2,956
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T O P G I V I N G A S S O C I AT I O N S
Missouri State Association of Free Will Baptists
$28,177
Oklahoma State Association of Free Will Baptists
$23,042
Arkansas State Association of Free Will Baptists
$19,627
Texas State Association of Free Will Baptists
$7,569
Tennessee State Association of Free Will Baptists
$5,895
Ohio State Association of Free Will Baptists
$5,767
North Carolina State Association of Free Will Baptists
$5,119
Georgia State Association of Free Will Baptists
$3,673
New Mexico Free Will Baptist District Association
$3,134
Illinois State Association of Free Will Baptists
$2,927
South Grand River Association of Free Will Baptists (OK) $2,711
Central Association of Free Will Baptists (AR)
$2,562
ANNUAL FUND GIFTS North Carolina..............$256,056 Tennessee......................$207,513 Oklahoma.....................$114,342 South Carolina..............$100,402 Missouri..........................$82,420 Georgia...........................$79,563 Alabama..........................$74,995 Florida............................$58,241 Arkansas..........................$51,719 Mississippi.......................$28,905 Illinois.............................$21,009 Ohio...............................$21,003 Kentucky.........................$11,745 16
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Virginia ..........................$10,491 Texas...............................$10,295 West Virginia....................$8,951 Michigan...........................$6,757 California..........................$5,087 New Mexico......................$3,434 Virgin Islands....................$3,325 Kansas...............................$2,442 Canada..............................$2,214 Washington.......................$2,200 Hawaii..............................$2,194 Indiana..............................$1,807 Maryland..........................$1,004
Pennsylvania......................$1,000 Colorado..............................$900 WNAC................................$766 Idaho....................................$600 Iowa.....................................$300 Oregon.................................$259 Brazil....................................$180 Arizona.................................$173 South Dakota.........................$50 Nebraska................................$40 Utah.......................................$11 TOTAL......................$1,172,393
C O R P O R AT E D O N O R S A N D F O U N D AT I O N G I F T S $5 0 , 0 0 0 + Do Unto Others Trust Free Will Baptist Foundation National Christian Foundation
$1 0 , 0 0 0 - $4 9 , 9 9 9 ExxonMobil Foundation Esther Mason Fulcher Charitable Remainder Annuity Trust Free Will Baptist Home Missions
$1 , 0 0 0 - $ 9, 9 9 9
Welch College Alumni Association Shell Oil Company Foundation Lewis Letterworks Carolyn L. Schwieger Trust Free Will Baptist Board of Retirement Randall House Publications
Fidelity Charitable Gift Fund Sesser Auto Body, Inc. Wells Fargo Foundation
UNDER $1,000
Charles W. Cook, Jr. Advised Fund Poston’s Trailer Repair, LLC Chick-fil-A, West Nashville Alvy’s Auto Electric Pioneer College Caterers, Inc. Point A Coaching, LLC Womble Carlyle Sandridge & Rice, LLP WBRM R & D Septic Tank Pumping
ESTATE GI FTS
Estate of Margaret Ours-Davis Estate of Wanda Carter Estate of Allijean Stubbs
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DONORS PRE S I DE N T ’ S C IR C L E ($20,000 - $69,999) Mr. and Mrs. Mac Atkinson Rev. and Mrs. James L. Carrington Mr. and Mrs. James Conley Mrs. Lottie Forlines Dr. and Mrs. Paul W. Inbody
L EGA C Y C I RC LE ($10,000 - $19,999) Mr. and Mrs. James W. Beasley Mr. and Mrs. Benjamin S. Evans Mr. and Mrs. John F. Mouser Mr. and Mrs. Howard R. Price
HE RI TA GE C I RC LE ($5,000 - $9,999) Mr. and Mrs. Earl K. Edmonds, Jr. Mr. and Mrs. Jack Harvey Mrs. Lois Hudson
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Mr. Fred T. Keifer, Jr. Dr. and Mrs. Greg Ketteman Mr. and Mrs. W. C. Moore
E XE C U TI VE CI RCLE ($2,500 - $4,999) Rev. and Mrs. William W. Evans Mr. and Mrs. J. Bradford Fisher Mr. Thurman B. Hall II Mr. and Mrs. Robert C. Leckrone Mr. and Mrs. Marvin L. Mouser Miss Lesa G. Parker Rev. and Mrs. C. Wayne Perry Mrs. Sharon H. Rodgers Mr. and Mrs. Leon Sandifer II Mr. and Mrs. Thomas A. Sass Rev. and Mrs. David H. Williford Mr. and Mrs. Gary W. Wright Dr. and Mrs. Frederick L. Yerby
LEADERSHI P CI RCLE ($1,000 - $2,499) Anonymous (1) Rev. and Mrs. Jimmy Aldridge Mr. and Mrs. A. C. Allen Mr. J. W. Allen Mr. William A. Armstrong Mrs. Dorothy A. Brown Mrs. Helen Cannon Mr. and Mrs. John L. Carter Mr. and Mrs. Robert T. Carter Mr. and Mrs. Dennis A. Chamberlin Mr. Zenis R. Childress Rev. and Mrs. Russell Clouse Com. and Mrs. Robert P. Cooper Mr. William H. Day Rev. and Mrs. Daniel M. Dean Rev. and Mrs. Mike Edwards Rev. and Mrs. Daryl W. Ellis Mr. and Mrs. Ronald W. Ferrell Dr. and Mrs. Richard Frazier Rev. and Mrs. Gary W. Fry Chaplain and Mrs. Lee Frye, Jr. Mr. and Mrs. Joseph A. Goodfellow Mr. and Mrs. Watson Hall Rev. and Mrs. Roy W. Harris Rev. and Mrs. Edwin L. Hill Rev. A. L. Hines Mrs. Mary Holley Miss Regina D. Ivens Rev. and Mrs. Bobby R. Jackson Rev. Roy Jensen Rev. and Mrs. Phillip Jones Mr. Dell D. Lamm
Mr. and Mrs. James E. Maute Mrs. Juanita Nicholson Mr. and Mrs. William K. Parrish Dr. Robert E. Picirilli Dr. and Mrs. J. Matthew Pinson Rev. and Mrs. Glenn Poston Mr. Todd Potgeter Mr. and Mrs. John C. Powelka Dr. and Mrs. Garnett H. Reid Mr. and Mrs. J. Wayne Salyer Dr. and Mrs. Richard Sample Drs. Douglas J. and Judy Simpson Rev. and Mrs. Kenneth D. Simpson Mr. and Mrs. Donald L. Smith Mr. and Mrs. Greely D. Stafford Ms. Gloria J. Stubbs Mr. and Mrs. David M. Tart Dr. and Mrs. Charles A. Thigpen Mr. and Mrs. Ray C. Turnage Mr. and Mrs. Gary Turner Mr. and Mrs. Kent Waller Mrs. Elaine M. Williamson Mr. and Mrs. G. C. Williamson Mr. and Mrs. Ricky Williamson Dr. and Mrs. Melvin Worthington Dr. and Mrs. Milton W. Worthington Mr. and Mrs. John G. Zubor
F RI E N DS H I P C IR C LE ($250 - $999) Anonymous (1) Ms. Bettie S. Akers Mr. and Mrs. James D. Allen Rev. and Mrs. Derek Altom Mr. and Mrs. Michael L. Armstrong Mr. and Mrs. Phillip Ashcraft Miss Molly Barker Dr. and Mrs. Scott Benton Mr. and Mrs. Leroy Blades Rev. and Mrs. Ronnie Blanks Mr. and Mrs. Max Bolin Rev. and Mrs. Richard W. Bowers Mrs. H. J. Boyd Ms. Vicki Bracey Mr. and Mrs. James O. Brewer
Mr. and Mrs. Julian T. Brooks Mr. and Mrs. Randolph W. Brooks Mr. and Mrs. Tildon J. Brooks Mr. Joe C. Brown Ms. Kay F. Brown Mr. and Mrs. Edgar J. Brumfield Mr. and Mrs. Larry N. Bryan Rev. and Mrs. Preston F. Bryan Mr. and Mrs. Robert A. Bryan, Jr. Rev. and Mrs. Randy Bryant Mr. and Mrs. Heyward J. Butler Mr. and Mrs. Kevin Buttry Mr. Jimmie E. Byrd Mr. and Mrs. Mike Cales Mr. Rogers A. Cannon Rev. and Mrs. Tommie D. Carlson Dr. and Mrs. Joshua Carmack Mrs. Gwen Carraway Miss Mary V. Carter Rev. and Mrs. Jeff Caudill Miss Doris J. Chamberlin Mr. and Mrs. Gary F. Clark Dr. and Mrs. Jeff Cockrell Mr. and Mrs. Larry O. Coker Mr. and Mrs. Ted E. Collier Mr. and Mrs. Charles L. Cook Mr. and Mrs. Christopher Cook Rev. and Mrs. Randy Corn Mr. and Mrs. Charles A. Cowan Mr. and Mrs. Randall G. Cox Rev. and Mrs. Jacob M. Creech Mrs. Rhoda Creech Mr. and Mrs. Ronald E. Crider Rev. and Mrs. Walter Daniels Mr. and Mrs. Thomas A. Davis Mr. and Mrs. Marvin L. Deaver Mrs. Sandra Dempsey Ms. Gwen Dismuke Mr. C. A. Dobbs Mr. and Mrs. Paul R. Drake II Mr. and Mrs. Edward Driggers Rev. and Mrs. Galen F. Dunbar Dr. and Mrs. Kenneth P. Eagleton, Jr. Mr. and Mrs. J. M. Edington III Mr. and Mrs. Bob Edwards
FACULTY GIVE PERSONALIZED ATTENTION TO STUDENTS AND GIVE THEM THE HELP THEY NEED IN INTERNSHIP AND JOB PLACEMENT, ENTRANCE TO GRADUATE AND PROFESSIONAL SCHOOLS, AND OTHER WAYS THAT A WELCH COLLEGE EDUCATION CONNECTS WITH THEIR STUDENTS’ PROFESSIONAL DEVELOPMENT.
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Mr. and Mrs. Christopher M. Edwards Mr. and Mrs. William W. Ezell Dr. and Mrs. Milton B. Fields Mr. and Mrs. Ronnie B. Finch Rev. and Mrs. Keith E. Fletcher Mr. and Mrs. Nathan Fletcher Mr. and Mrs. Ronald Flowers Dr. and Mrs. Jonathan G. Forlines Mr. Wayne Fry Mr. and Mrs. William F. Fulcher Mr. and Mrs. James S. Futrell Mr. and Mrs. Jim H. Garrett Rev. and Mrs. Malcolm L. Garrett Dr. and Mrs. Paul J. Gentuso Mr. and Mrs. Franklin J. George Rev. and Mrs. Earl Gilliam Mr. J. Wayne GIlliam Chaplain and Mrs. Walter E. Golding Rev. and Mrs. Walter E. Gragg Rev. and Mrs. Shiloh C. Hackett Mrs. Debra R. Haddock Rev. Harold B. Hall Mrs. Margaret Hampton Mrs. Peggy C. Hampton Mr. and Mrs. William N. Hance Dr. and Mrs. Richard T. Hendrix Mr. Barney D. Hicks Rev. and Mrs. Edward L. Hodges, Jr. Ms. Carol D. Holland Ms. Barbara Jean Howard Rev. Mack Humbles 20
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Ms. Yvonne D. Humbles Mr. and Mrs. Billy L. James Mr. and Mrs. Nathan P. Johnson Mr. and Mrs. Ernest Joyce Rev. and Mrs. Jonathon S. Justice Mrs. Altha Keifer Ms. Bernadene Kemble Mr. and Mrs. Bobby Kennedy Dr. and Mrs. James Kilgore Mr. and Mrs. Jason King Mr. Gerald R. Kirby Rev. and Mrs. Earl Langley Mr. and Mrs. Kevin Lauthern Mr. and Mrs. Donald G. Lee Rev. and Mrs. George C. Lee, Jr. Mr. and Mrs. Raymond Lee Mrs. Shirley Lee Ms. Carolyn D. Lemaster Rev. and Mrs. Ernie L. Lewis Rev. and Mrs. Hoover Lewis Mr. and Mrs. James A. Lewis Mr. and Mrs. Paul E. Lewis Miss Jessie Lindsley Mr. and Mrs. Thomas A. Lovett Ms. Nancy Maddox Dr. and Mrs. C. Thomas Malone Dr. and Mrs. Jeffrey A. Manning Mrs. Joyce Mayo Mr. and Mrs. Rick Mayo Dr. and Mrs. Matthew J. McAffee Mr. and Mrs. Carl D. McCabe
Mr. and Mrs. John M. McCall Rev. and Mrs. Jerry W. McClary Mrs. Patricia McCutcheon Mrs. Olena McLain Mrs. Mavis E. McVay Mr. and Mrs. Samuel P. McVay Mr. and Mrs. Stephen P. Messer Mrs. Hazel Frances Metcalf Ms. Dee Miller Rev. and Mrs. H. Wayne Miracle Dr. and Mrs. Edward E. Moody, Jr. Mr. and Mrs. Hamlee H. Moon Dr. Elizabeth A. Mooney Mr. and Mrs. Bobby Moore Rev. and Mrs. William L. Morris Mrs. Velma Moseley Mr. and Mrs. John Nicholson Mr. Loyd C. Olsan Rev. Billy Gene Outland Mr. and Mrs. John W. Outland Mrs. Katie D. Owen Rev. and Mrs. Tim D. Owen Rev. and Mrs. Frank Owens Mr. and Mrs. Joshua R. Owens Mrs. Mary A. Owens Rev. and Mrs. Todd Parrish Drs. Greg and Etta Patterson Mrs. Eulah M. Payne Mr. and Mrs. C Pellegrino Mr. and Mrs. Lee A. Penn Rev. and Mrs. Judson Phenicie Mr. and Mrs. John W. Pinson Mr. and Mrs. David C. Pool Mr. and Mrs. Russell W. Poston Mrs. Julie M. Potts Mr. and Mrs. Mike Price Mr. Nolan E. Purcell Mr. and Mrs. David L. Rackley Rev. and Mrs. Jerry L. Rackley Mr. and Mrs. John W. Riddle, Jr. Mr. and Mrs. Stephen Rigdon Mr. Stephen D. Riggs Rev. and Mrs. Rusty Russell Mrs. Terry Seymour Dr. Linda P. Shipley
Rev. and Mrs. Barry R. Simpson Mrs. Karen Sparks Mr. and Mrs. Wayne E. Spruill Mr. and Mrs. John Stanley Chaplain and Mrs. Kerry M. Steedley Mr. Bobby J. Stembridge Mr. and Mrs. Gary Stephens Mr. and Mrs. Van J. Stewart Mr. and Mrs. Fredis Strickland Mr. Les Strickland Mr. and Mrs. Edward P. Sweigart Mr. and Mrs. Paul D. Tackett
Mr. and Mrs. Michael T. Thompson Miss Barbara J. Thorpe Mrs. Dianne Tippett Mr. and Mrs. Olen L. Todd Mr. and Mrs. Frank Tomlinson Mr. and Mrs. Danny J. Trail Mr. and Mrs. Mark K. Trotter Rev. and Mrs. Kenneth A. Upright Miss Patsy Vanhook Rev. and Mrs. Billy J. VanWinkle Mr. and Mrs. David W. Waggoner Rev. and Mrs. Billy B. Walker
Mr. and Mrs. Stanley L. Wall, Jr. Rev. and Mrs. Jackson Watts Mrs. Mozelle P. West Mr. and Mrs. Harold R. Williams Miss Marjorie L. Williams Ms. Betty J. Willis Rev. and Mrs. Eugene Workman Mr. and Mrs. Richard A. Wrightson Mr. R. J. Yerby Mr. and Mrs. Leland T. Zegelien
REVENUES & EXPENDITURES 2014-2015 REVENUES
EXPENDI TURES
Unrestricted Funds
Unrestricted Funds
6% 19%
23%
36% TOTAL
3%
$5,536,290
TOTAL
48%
$5,348,913 28%
20%
10% 7%
Annual Fund Gifts: $1,129,839 Investment, Endowment, & Misc.: $141,839 Auxiliary Enterprises: $1,266,872 Net Assets Released from Restrictions: $340,616 Tuition and Fees: $2,657,124
Instruction: $1,518,809 Academic Support: $395,801 Student Services: $539,936 Institutional Support; $1,898,108 Auxiliary Enterprises: $996,259
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