ebook img

President's Report: Lebanon Valley College (1993-1994) PDF

44 Pages·1994·5.5 MB·
Save to my drive
Quick download
Download
Most books are stored in the elastic cloud where traffic is expensive. For this reason, we have a limit on daily download.

Preview President's Report: Lebanon Valley College (1993-1994)

The College Won on All Fronts in 1993-94 n all respects-community service, That same \ admissions, fund-raising, academic, month, the fiscal and athletic-1993-94 was a college welcomed record-breaking year for Lebanon the largest Valley College. The year began quietly entering class in enough in a cornfield just east of the its 128-year Arnold Sports Center. On a warm day history-365 of in early july 1993, a group of determined the best and volunteers led by Don Frantz '73, senior brightest students ever. One-third of the freshmen graduated in The college's Amazing Maize the top 10 percent of their class and two-thirds Maze (right) raised were in the top 30 percent. The reasons families funds for Midwest flood victims and cited for choosing Lebanon Valley included the made the Guinness college's academic reputation, attractive campus, Book of Records. convenient location, affordability and its strong The incoming freshman class sense of community (upper right) was At a time when private colleges seem beyond larger and brighter than ever before. the reach of all but the most wealthy, Lebanon Valleys policy of rewarding a student's high school achievement has found wide acceptance, particularly among middle-income families. Under the scholarship program initiated in 1992, students who rank in the top 10 percent of their class receive a one-half tuition scholarship, those in the second decile receive one-third and those joanne Marx and Director of Student Activities in the third decile receive one-quarter. Students jennifer Evans set about creating the largest with additional need, as well as those who did maze in the world. Designed in the shape of a not graduate in the top 30 percent of their class, 126,000-square-foot Stegosaurus by British may apply for financial aid based upon demon- maze artist Adrian Fisher, the "Amazing Maize strated need. Maze" attracted more than 6,000 people on a Not long after students returned for the fall weekend in September, and many others 1993 semester, we began what we hope will be during Homecoming. The maze raised $32,000 a new tradition at the college-the annual to assist victims of the Mississippi River floods that devastated the Midwest. The project, which eventually won a place in the Guinness Book of Records, drew the attention of a wide segment of the national and local media, including "Good Morning America," CNN and USA Today. 2 LEBANON VALLEY COLLEGE The jubilant Dutchmen (left) captured the Division III national basket ball championship title for the first time in the college's history. The college planting of bulbs. During two days in October, National Champs community-and the bulbs they students, faculty, neighbors, staff and alumni planted dudng the The winter was memorable for another, more volunteers planted beds of tulips, daffodils and fall (below, left) positive, reason. The 1993-94 basketball season survived one of the other flowers-50,000 bulbs. The anticipation of harshest winters had the most exciting finish in memory. After a profusion of color on record. capturing the league and MAC titles, the that would greet us Dutchmen went to the Division Ill regional in the spring kept playoffs in Lancaster and defeated both the many of us going University of Massachusetts at Dartmouth and through the long Amherst College. winter. The following week, eight busloads of loyal And what a Lebanon Valley fans traveled to Buffalo, New winter it was-the York, to cheer on the team-the first in the toughest in many years. Our area experienced college's history to make the Final Four. In the more than 100 d~ys of snow cover, so heavy at first game, the Dutchmen were pitted against times that it buried automobiles. For the first No. 1 ranked Wittenberg. With a little more time that anyone could recall, the college than three minutes to go and trailing by 14 canceled both day and evening classes no fewer points, not many thought the Dutchmen had a than five times. Even the dedicated maintenance chance. With great energy and determination, and housekeeping staff could not keep up with Lebanon Valley closed the gap, tied the score the huge volume of snow as they heroically and went on to win in overtime. The next struggled in temperatures that dipped to 20 night, in an equally exciting game, LVC with an \ below zero. Not all of our facilities survived the enrollment of 1,000 students took on New York winter intact. Some $65,000 in damages were reported. Fortunately, repairs were largely covered by insurance. ANNUAL REPORT 1993-94 3 University, which has 49,000 students. In a A Season of Successes game billed as a battle between David and \ In April, spring finally arrived, the snow Goliath, the Dutchmen won the national melted, flowers blossomed and good news Division Ill championship, 66 to 59, again in abounded. The college received word of two overtime. grants from the National Science Foundation junior guard Mike Rhoades received the (NSF) and the Whitaker Foundation, totaling tournaments "Most Valuable Player" award, was nearly $1 million. The college had applied for designated Player of the Year by the Eastern the funds to support a five-county, 14-school College Athletic Conference Southern Division district partnership aimed at improving the lil and was named to the All-American Team. teaching of science in grades 4 through 8. The Head Coach Pat Flannery received two presti project, directed by Professors Allan Wolfe in gious "Coach of the Year" awards. Both Annville biology and Dale Summers in education, is and Lebanon County gave the team a tumultu expected to have an impact on some 500 ous welcome home, and the nation's media gave teachers and 24,000 students over the next four the victory great coverage, including a full-page years. The NSF also awarded $150,000 to feature on Mike Rhoades in Sports Illustrated. support the efforts of Professor Richard There was a somber note to the celebration, Cornelius to design a new approach to teaching however, as the team and the entire community chemistry, based on materials and activities mourned the loss of the Dutchmen$ No. 1 fan, with which students are already familiar. Frank Aftosmes. A longtime friend of the college and its students, "Hot Dog" Frank died in an Annville nursing home just hours before the final game. National radio commentator . Paul Harvey captured the spirit of "Hot Dog" Frank and the Dutchmen in a moving radio report and a syndicated column that appeared in more than 100 newspapers. Lebanon Valley had honored this beloved friend of students and the team's No. 1 fan by naming "Hot Dog" Frank an honorary alumnus last year. A life-size statue of him will be placed in the planned Peace Garden. The college received its largest grant ever to support the Science Education Partnership pro gram, which will train some 500 teachers over the next four years. 4 LEBANON VALLEY COLLEGE Record numbers of alumni (left) returned for a combined Alumni Reunion Weekend and Spring Arts Festival. A unique humanities Lebanon Valley held its annual spring Alumni Reunion Weekend coincided in April colloquium on humanities colloquium, a three-day event built with the colleges annual Spring Arts Festival. baseball (below, left) garnered national around this years theme, "Baseball as a Cultural The many alumni who returned mingled with media attention. Icon." The program, which included panel the current students, parents and community discussions, lectures, films and a trip to Read members who were also enjoying the art and ing, Pennsylvania, for a minor league game, craft exhibits, the musical and theatrical performances and the games and events. One couple, janet '59 and Bruce Rismiller '59, were inspired by their visit to make a major gift. The largest portion of their gift will be used to help in the construction of the new library. In appreciation, the college will name the tower and entrance plaza of the new library in their honor. May brought the colleges extended family together for a splendid Commencement. The drew baseball experts from across the nation. weather was perfect, and the campus looked The event attracted its share of media attention, wonderful. Parents beamed, the music was including an AP wire story, an article in USA stirring, the regalia and procession were Today and a full-page report in The Chronicle of Higher Education. ANNUAL REPORT 1993-94 5 The new Zimmerman Recital Hall (below) provides a beautiful setting for small concerts and recitals. impressive. Columnist Georgie Anne Geyer was \ the honorary degree recipient and speaker. Her message to the graduates concerning the world after the Cold War was intriguing and well received. When it was over, faculty and stu dents embraced, families gathered for one more photograph and then the sad parting of friends was eased by the promise of reunions to come. In June, Lebanon Valley opened The Gallery, a new facility for the arts featuring the Suzanne H. Arnold Art Gallery and the Zimmerman Recital Hall. The Gallery was created through extensive renovation of the former St. Pauls Lutheran Church. The opening was celebrated with an exhibit featuring four outstanding Pennsylvania artists and five concerts that drew standing-room-only crowds. In july, yet another new arts facility, the Leedy Theater, was com pleted through renovations to the Allan W Mund College Center. Together, these three projects provide the college with excellent small venues for the arts. In between all of these events, openings and victories, the day-to-day work of the college continued. We were pleased to receive visiting review teams from the United Methodist Board of Higher Education and from Pennsylvania$ Department of Education. Both visits were cordial and affirming. The transformed The progress of Lebanon Valley College over Leedy Theater in the past few years is due in no small measure to the Mund College Center (above) the excellent support it receives from alumni incorporates the and friends. The number of donors to the latest acoustic and lighting technology. college in 1993-94 reached a new high of The Suzanne H. 5,484. Gifts and grants totaled $3,945,051, an Arnold Art Gallery opened in June with "Quartet," (right) an exhibit featuring four Pennsylvania artists. 6 LEBANON VALLEY COLLEGE increase of 24 percent over the previous year. Indeed, as a consequence of this years fund Lebanon Valley College President raising success, the college's TowARD 2001 john Synodinos (left) campaign is on target, having achieved nearly and Board Chair Thomas Reinhart. 70 percent of its goal of $21 million. Solicita tion of the remaining funds will focus on the many of these objectives despite the rapidly funds essential for completing the new library. changing and highly competitive environment Construction began early in fiscal1994-95. in which private colleges operate. However As the year drew to its close, the campus was successful we become, we must not rest on any still the scene of much activity. A healthy supposed laurels. operating surplus provided funds for several You will not be surprised to learn, then, that important maintenance projects, including an a new strategic plan is already being prepared, elevator for Miller Chapel, refurbishment of one that will carry the college forward into the Wagner House for Student Affairs, two new next century. Led by trustee Dr. Ross Fasick '55, residence hall roofs, refurbishment of the a broadly representative group of faculty, staff, lobbies of the Mund College Center and the alumni, parents, students and trustees has been Blair Music Center and replacement of several meeting since February. The Strategic Planning outworn heating and air-conditioning systems. Committees report is due in December and The second of the two buildings that comprise will be widely shared and discussed within the the new Derickson Hall Residences for Lebanon college family before being considered for Valley seniors was also readied for occupancy, adoption by the faculty and trustees. anticipating a capacity fall enrollment. The past year has been immensely gratifying to all those who care about Lebanon Valley College. We offer our thanks to all those who Renewing Our Goals by their work, their talent, their dedication and You may recall that in 1991, Lebanon Valley their generosity helped make this year so College set for itself some rather ambitious special. goals to be reached in five years. We wanted to improve facilities; strengthen endowment; give ~~c~ support to new initiatives; and raise the number, quality and diversity of entering Thomas C. Reinhart '58 students. We are well on our way to achieving Chair, Lebanon Valley College Board of Trustees 2J.L-A~~ \ john A. Synodinos President, Lebanon Valley College ANNUAL REPORT 1993-94 7 Statement of Current Funds Revenues, Expenditures and Other Changes for the years ended june 30, 1994 and june 30, 1993 1994 1993 REVENUES: Total Unrestricted Total Unrestricted and Restricted and Restricted \ Education and general: Student tuition and fees $14,987,619 $12,861,900 Government grants 1,094,749 964,054 Gifts and private grants 1,028,381 1,182,583 Endowment and current investment income 622,591 590,384 Total educational and general $17,733,340 $15,598,921 Auxiliary enterprises: 4,802,837 4,288,243 TOTAL REVENUES: $22,536,177 $19,887,164 EXPENDITURES AND MANDATORY TRANSFERS: Education and general: Instruction $6,603,852 $5,988,026 Academic support 971,898 973,082 Student services 527,776 481,162 Advancement/admissions 1,947,034 1,661,174 Plant operation 1,577,286 1,480,920 General administration 537,855 528,214 General institution 1,118,250 963,522 Student aid 4,611,715 3,615,741 Mandatory transfers 349,650 460,334 Total education and general $18,245,316 $16,152,175 ~j 'LLE I Auxiliary enterprises: $3,333,733 $3,085,615 ;EE Mandatory transfers (Auxiliary) 233,100 306,445 ;E TOTAL AUXILIARY $3,566,833 $3,392,060 LLE TOTAL EXPENDITURES AND ~89 MANDATORY TRANSFERS $21,812,149 $19,544,235 OTHER TRANSFERS: Excess of restricted receipts over transfers to revenue $68,775 Transfer from endowment to support $201,559 $164,133 total return authorized draw Unrestricted surplus transfer to plant reserve ($944,212) ($498,457) I. Source: 1993-94 audited financial statements, Coopers&: Lybrand REVENUES EXPENDITURES AND MANDATORY TRANSFERS Source as % of Total Revenue Source as % of Total Tuition and Fees 66% 8 LEBANON VALLEY COLLEGE Consolidated Report of Gifts and Grants to Lebanon Valley College 1993-94 CURRENT OPERATIONS CAPITAL CUMULATIVE TOTAL Unrestricted Restricted Donors Dollars Donors Dollars Donors Dollars Donors Dollars Individuals Trustees - - - - - [40 $831,865]* Alumni 2,970 $349,469 205 $26,717 354 $327,212 3,529 $703,398 Friends 209 $172,093 165 $36,866 312 $912,518 686 $1,121,477 Parents 883 $41,339 34 $9,180 22 $6,165 939 $56,684 Business 152 $115,841 25 $74,025 72 $248,403 249 $438,269 Consortia 1 $6,045 1 $6,045 Foundations 15 $81,213 9 $134,021 2 $80,750 26 $295,985 Church 3 $21,221 3 $12,967 2 $22,450 8 $56,638 Other 1 $1,000 13 $7,980 11 $8,185 25 $17,165 Subtotal 4,234 $788,221 454 $301,757 Total Current 4,688 $1,089,978 Total Capital 775 $1,605,682 PRIVATE CASH TOTAL 5,463 $2,695,660 Gifts-in-Kind 18 $112,502 PRIVATE GIFTS TOTAL 5,481 $2,808,162 GOVERNMENT GRANTS 2 $421,366 3 $715,523 3 $1,136,889 GRAND TOTAL 5,484 $3,945,051 1992-93 CURRENT OPERATIONS CAPITAL CUMULATIVE TOTAL Unrestricted Restricted Donors Dollars Donors Dollars Donors Dollars Donors Dollars Individuals Trustees - - - - - [42 $417,611]* Alumni 2,989 $389,342 106 $30,579 195 $646,175 3,290 $1,066,096 Friends 229 $179,761 138 $51,095 105 $920,863 472 $1,151,719 Parents 335 $28,912 25 $3,300 10 $6,386 370 $38,598 Business 166 $134,057 20 $45,707 70 $128,886 256 $308,650 Consortia 1 $4,864 1 $4,864 Foundations 17 $87,482 9 $22,832 3 $84,783 29 $195,097 Church 3 $33,323 2 $1,466 2 $10,403 7 $45,192 Other 3 $1,150 6 $4,100 2 $710 11 $5,960 Subtotal 3,743 $858,891 306 $159,079 Total Current 4,049 $1,017,970 Total Capital 387 $1,798,206 I PRIVATE CASH TOTAL 4,436 $2,816,176 Gifts-in-Kind 12 $6,516 PRIVATE GIFTS TOTAL 4,448 $2,822,692 GOVERNMENT GRANTS 2 $359,906 2 $359,906 GRAND TOTAL 4,450 $3,182,598 • categories overlap; trustees included in alumni, friends and parents total. ANNUAL REPORT 1993-94 9 \ Continuing the Vision: In 1905, Lebanon Valley College undertook a visionary campaign to raise funds to match a $50,000 gift from philanthropist Andrew Carnegie to construct several new buildings on campus, including the Carnegie Library (now the Carnegie Building) pictured here. A century later, the college is engaged in another major fund-raising campaign-TowARD 2001- and again the centerpiece is a new library.

See more

The list of books you might like

Most books are stored in the elastic cloud where traffic is expensive. For this reason, we have a limit on daily download.