Annual Report 2019-20

2019-2020

ANNUAL REPORT

OUR GOALS

PROMOTING LEARNING BY ENGAGEMENT ADVANCING ORGANIZATIONAL HEALTH CREATING PUBLIC IMPACT

FROM THE

As we close the 2019-20 Fiscal Year, I am honored to report on what proved to be a truly remarkable – and unprecedented – year for Gannon University. We entered the year with the solid foundations needed to execute our 2017-21 Strategic Plan goals and to deliver on our promise of a quality education.

When the COVID-19 pandemic swept across our country, it caused campus-wide closures, uncertainties and economic and enrollment challenges that – like many colleges and universities across the nation – became our new reality.

Students returned home to complete their semesters online, employees began working from home, travel programs were canceled, and commencement ceremonies on our Erie and Ruskin campuses were postponed.

It was the strength and dedication of so many in our Gannon community that carried us forward with resolve to deliver as positive an educational experience as possible while creating a safe environment during the pandemic. Our Catholic tradition and core values have been proudly on display as the University reopened to serve our students in Fall 2020. Months of planning

PRESIDENT led to this reopening and the opportunity for our students to enjoy the Gannon academic and transformative personal experience they had hoped for. The promise and delivery of that exceptional learning experience yielded an 85% retention rate, one of the highest in our history.

The University also bolstered its recruitment initiatives to drive positive Fall 2020 enrollment numbers. Nearly 4,300 students enrolled from 64 countries across the globe, leading us to celebrate one of the most globally diverse populations in Gannon history.

Thanks to the generosity of so many, the University continued to build momentum around our key priorities. Confidently looking ahead, the Institute for Health and Cyber Knowledge marched forward. We secured partnerships with Extreme Networks and Erie Insurance to leverage community assets, build working relationships between faculty, students and industry, and create a dynamic space for learning that will prepare the leaders of tomorrow.

Our faculty and staff continue to position themselves at the forefront of our Mission.

Their engagement is essential for their own transformation

2019-2020 GANNON UNIVERSITY ANNUAL REPORT

and that of our students.

In an effort to highlight and redouble our focus on service to the students, each other and our community, we developed a common purpose statement that is founded on four standards of respect, well-being, engaged and seamless, which lead us to “transform lives by creating environments for extraordinary moments and everyday connections that inspire others to become their best selves.”

We are steadily making measured progress toward delivering on our promise of educational excellence, organizational health and deepening commitment to the communities we serve. I am extraordinarily proud of how our Gannon community has pushed the boundaries of what it means to deliver on these standards amid significant challenges caused by the pandemic and emerge with a positive outlook for the future.

Thank you for never losing sight of our values and mission as a Catholic University and for making this another successful year for our University.

God Bless,

3

A

B

GOAL ONE

C

PROMOTING LEARNING BY ENGAGEMENT

The student experience encompasses professional aspirations and personal development, as well as connections with our campus communities. Gannon is continuously improving its curricula and programming to maximize learning and instill the tenets of faith, leadership, inclusiveness and social responsibility. Students’ educational experience is centered around character formation and the cultivation of values, helping them discover their answer to the question, “How will I live my life?”

Gannon’s Possibilities Abroad experiencing a semester of programs substantially relationship building and contributed to student and learning opportunities.1 A employee development, engagement and intercultural competence. In total, 152 students and 32 faculty and staff traveled to 20 destinations within 12 different countries including the United States. An additional 199 students and 34 employees were scheduled to participate prior to COVID-19 20 LOCATIONS ACROSS cancellations. Many have THE U.S. AND GLOBE committed to fulfilling their test Possibilities Abroad goals in the 2021 academic year after

184 STUDENTS

& EMPLOYEES

4

The Gannon: Inspired Facultyled Travel program sent 37 students to learn alongside faculty in four countries, including Bahamas, Mexico and Ecuador. A new GIFT course to Malaga, Spain offered Occupational Therapy Doctoral students a physical disability fieldwork opportunity at a private hand therapy clinic and nursing home, as well as meaningful language and cultural instruction.

LEARNING BY ENGAGEMENT | ADVANCING ORGANIZATIONAL HEALTH | CREATING PUBLIC IMPACT

Gannon’s Office of Learning Abroad welcomed 17 incoming exchange students to campus from partner institutions in Germany, Australia, Mexico and France. Twenty-one students traveled overseas for a semester abroad experience in Australia, Ireland, Italy, Germany and New Zealand. B Global enrollment in Fall 2020 included a total of 406 students from 64 countries and U.S. territories, making it the most globally diverse population in Gannon history. Some of these locations are newly represented or have not been represented in more than a year, including Algeria, Bangladesh, Curacao, Democratic Republic of the Congo, Lithuania, Romania, Russia and Switzerland.

324 SCHOLAR

ATHLETES

406 GLOBAL

test

STUDENTS

test

The Athletics department set a program best with 324 student-athletes earning PSAC Scholar-Athlete accolades.

Gannon finished fourth among 18 conference schools with a department-wide cumulative 3.4 GPA and earned its first two NCAA Elite 90 Awards.

Seventeen of a possible 19 teams participated in or qualified for either or both the conference and national postseasons. The University recorded its best PSAC Dixon Trophy finish ever, placing fifth overall.

REPRESENTING 64 COUNTRIES AND U.S. TERRITORIES

GANNON UNIVERSITY RECORD

Supporting the advancement of women’s sports to championship status, Gannon’s acrobatics and tumbling and women’s wrestling programs were approved to enter the NCAA Emerging Sports for Women program in all three divisions. C

Gannon’s Fraternity and Sorority Community is comprised of 458 total students, who engage in service and philanthropy, community and chapter events, as well as professional and leadership development training, programs and conferences.

The Gannon Panhellenic Community welcomed 72 new members, while the Gannon Interfraternity Council welcomed 32 new members.

The Panhellenic Community achieved an average 3.66 GPA and the Interfraternity Council achieved an average 3.45 GPA. Educational programming continued to impact students during the COVID-19 closure.

The University kept Celebrate Gannon alive through an alternative digital publication and virtual presentations that showcased the scholarly and creative work of students.

Students also virtually presented their semesterlong community mapping projects during the 15th Annual GIS Mapping Exhibit, while others competed to transform innovative class projects into viable startup companies during the 2020 Innovation Showcase.

STRATEGIC PLAN MEASURES: GOAL ONE Initiative

Success Measure

Year 1 Result

Year 2 Result

Year 3 Result

Professional and Vocational Aspirations of Students

Unduplicated Count of Students Traveling Internationally

331

406

1521

Personal Development of Students

Retention Rate

83%

82%

85%

Participation in Service Learning

98%

98%

98%

2019-2020 GANNON UNIVERSITY ANNUAL REPORT

5

A

B

GOAL TWO

C

ADVANCING ORGANIZATIONAL HEALTH

Gannon positions its employees to have the largest impact on students, colleagues and the community by focusing on three components of organizational health: employees’ skills and talents, the life and wellness of employees, and institutional vitality. The University recognizes that well-developed and well-cared for human resources are the essential foundation to optimize and further develop our financial, physical plant and technology resources to strengthen our institutional vitality.

The University bolstered initiatives toward its Wildly Important Goals for student recruitment and drove positive enrollment amid the COVID-19 pandemic. These efforts resulted in a total of 4,251 students for Fall 2020, which UNDERGRADUATE was comprised of 631 First & GRADUATE Time In Any College students, STUDENTS 1,043 graduate students test and 309 Ruskin students.

4,251

The University’s WIG Fully Engaged introduced new employee programs to connect 6

colleagues and enhance their overall work experience. A flexible work arrangement policy was created to encourage work-life integration. GU+, a new service framework created with the assistance of Disney Institute, trains and encourages employees to deliver on a common purpose and four standards — respect, wellbeing, engaged and seamless — to improve everyday connections. More than 500 employees participated in training sessions. A

LEARNING BY ENGAGEMENT | ADVANCING ORGANIZATIONAL HEALTH | CREATING PUBLIC IMPACT

The University launched a campaign that resulted in nearly $20,000 in emergency funding from 249 donors to alleviate student needs associated with COVID-19. The funds supported 180 students in Erie and Ruskin with food and housing assistance, domestic and international travel expenses, and resources for remote learning.

Building on efforts to ensure safety and well-being amid the COVID-19 pandemic, 235 donors raised $55,247 to help provide more than 4,500 Welcome Kits containing essential supplies to students, faculty and staff upon their return to both campuses. B Gannon purchased the former 40,000-square-foot Regional Center for Workforce Excellence building and 114-space parking garage in downtown Erie. This purchase will accommodate growth in student enrollment as the building will be transformed into apartment-style housing for 80 to 100 students.

Gannon launched new programs that are designed to prepare students to meet in-demand careers in a variety of disciplines. The College of Engineering and Business launched a master’s degree in

biomedical engineering and an MBA in business analytics.

The Morosky College of Health Professions and Sciences is offering a new master’s degree in speech-language pathology and bachelor’s degrees in communication sciences and disorders, and applied exercise science.

The College of Humanities, Education and Social Sciences launched a master’s degree in strategic communication.

$ test

Gannon University received more than $5 million in grant funding in support of academic excellence, research, community engagement and economic development.

Gannon was awarded a $75,000 planning grant to develop a teacher residency program in partnership with Erie’s Public Schools that is intended to improve minority teacher recruitment to the city. Broadening its impact across the globe, the University received a $188,950 grant from the U.S. Department of State to support the ongoing Madaba Regional Archaeological Museum Project in Jordan, an American-Italian-Jordanian collaborative effort to aid in artifact restoration.

5,020,750 RECEIVED FROM 52 GRANTS

Momentum around I-HACK continues to build. The University partnered with Extreme Networks to create a regional training center, provide networking equipment and cyber curriculum with a value of $12 million over 10 years. A partnership with Erie Insurance will leverage I-HACK’s resources with a $1 million pledge to support construction and a $1 million service agreement.

Generous alumni donations also advanced I-HACK. A $1 million gift established the Pierre McCormick Cyber Learning Center, while a $100,000 gift was leveraged to a $1 million Juchno Cyber Innovation Fund to recruit faculty and support research. C Employees engaged in University Wellness Reward incentives tied to health care premium costs with 81% of insured employees and 74% of all employees completing a health risk assessment and biometric screening.

STRATEGIC PLAN MEASURES: GOAL TWO Initiative Institutional Vitality Skills and Talents of Employees

Success Measure Total Enrollment Annual Support & Grant Funding Student Satisfaction with Administrative and Student Services Offices

Life and Wellness of Employees Wellness Outcome

Year 1 Result Year 2 Result Year 3 Result 4,149

4,444

4,251

$7,141,298

$6,767,800

$11,810,505

87%

87%

87%

84%

79%

74%

2019-2020 GANNON UNIVERSITY ANNUAL REPORT

7

A

B

GOAL THREE

C

CREATING PUBLIC IMPACT

Gannon facilitates transformative change in local and global communities by aligning scholarship, service and learning experiences with community needs through meaningful programs and partnerships. Commitment to our Erie community is driven by the implementation of the Our West Bayfront plan. The University also designs and delivers mutually beneficial programming that creates opportunities for faculty, staff and students to make lasting interconnections between academics and community needs in Erie and Ruskin.

Gannon employees launched an on-campus production of 3D-printed face shields to alleviate shortages of protective equipment among COVID-19 frontline workers.

Through 46 generous donor contributions, including a $23,000 grant from the Erie County Gaming Revenue Authority, the team produced 6,000 face shields to donate to hospitals, health care facilities and other groups including LECOM, Saint Vincent Hospital, EmergyCare, Sarah 8

A. Reed Children’s Center, Erie VA Medical Center, and the Erie Police Department. A

6,000 FACE SHIELDS DONATED

test

TO HOSPITALS, HEALTH CARE FACILITIES AND OTHER GROUPS

Gannon serves as the lead partner at Strong Vincent Middle School, a community school, with two full-time Gannon employees. The community school initiative brings resources directly into the school to support students and their families. It removes barriers to learning for success in and out of school in conjunction with United Way, Highmark Blue Cross Blue Shield, and Erie’s Public Schools. After-school programming provided

LEARNING BY ENGAGEMENT | ADVANCING ORGANIZATIONAL HEALTH | CREATING PUBLIC IMPACT

more than 1,000 hours of support to students in more than 14 Gannon clubs and classes. Among these, the University’s inaugural Goals for Life engaged more than 600 students and 40 staff from Strong Vincent Middle School to improve the neighborhood and community while giving students an educational and recreational experience outside the classroom.

Gannon’s GO College served more than 200 students through tutoring, advising, workshops and college visits.

Strong Vincent Middle School students in GO College achieved an average GPA of 3.34 and missed an average of just three days of school throughout the year.

The Our West Bayfront continued to work with residents and business owners to strengthen the West Bayfront neighborhoods.

OWB undertook renovations to three vacant and blighted properties, including the historic mixed-use building located at 404-06 W. Eighth St. OWB also assisted 30 property owners with repairs to their own properties, investing $150,000 and leveraging $75,000 in owner contributions. Improvements to Bayview Park continued,

including the installation of new benches and creation of a multipurpose court. Through a strong network of resident and community partners, OWB responded to COVID-19 by providing critical information to community members and supporting small businesses within the community. B Through Alternative Break Service Trips, 96 students and 22 employee accompaniers traveled to 11 domestic and international locations – including new opportunities in Tucson, Ariz. and Ecuador – to facilitate experiences based on pillars of service, simplicity, community and reflection.

Generous donor contributions led to $9,040 in need-based financial aid being awarded to make participation in an ABST possible for students of all backgrounds. An additional 26 students and four employee accompaniers had plans to travel to three other international and domestic locations prior to cancellation due to COVID-19, and many are committing to our 2020-21 academic year ABST opportunities. C

118 STUDENTS

& EMPLOYEES

TRAVELED TO 11 INTERNATIONAL & DOMESTIC ABST LOCATIONS

test The Center for Social Concerns welcomed the T.R.A.V.E.L. program into its office to deepen its work with Gannon’s local and global communities and enrich the student experience. Ninety-four students and 20 employees met weekly throughout the fall and spring semesters to prepare for 10 international trips to 14 countries before the COVID-19 pandemic caused trips to be canceled. Many have chosen to stay engaged and plan for T.R.A.V.E.L. trips in the 2020-21 academic year.

Gannon welcomed 20 students from five Erie region high schools in Fall 2019 as part of the Archbishop Gannon Scholarship Program. The program has welcomed 110 students since its inception in Fall 2014.

STRATEGIC PLAN MEASURES: GOAL THREE Initiative

Success Measure Year 1 Result Year 2 Result Year 3 Result Grants and Fundraising for OWB, Erie-GAINS Infrastructure Development $2,901,572 $2,109,951 $3,627,120 and Other Economic and Development Initiatives Overall Satisfaction of Community Partners Skills and Talents of Employees 90% 95% 98% Engaged with Faculty and Students 2019-2020 GANNON UNIVERSITY ANNUAL REPORT

9

FISCAL YEAR 2019-20 INSTITUTIONAL

PERFORMANCE

Gannon University’s 2017-2021 Strategic Plan builds on the previous plan’s successes to drive and execute new goals of promoting learning by engagement, advancing organizational health and creating public impact. University initiatives that flow from this plan are designed to ensure our institutional performance is continuously successful for the benefit of our students and communities. The strategic threads of this plan continue our momentum in living our Mission and delivering on our promise of quality higher education. Below are key highlights of the diligent work toward achieving those goals for the 2019-2020 Fiscal Year.

UNIVERSITY ENROLLMENT The University drove recruitment initiatives that led to a robust Fall 2020 enrollment amid the COVID-19 pandemic.

4,251 TOTAL ENROLLMENT 25%

75%

3,208

1,043

UNDERGRADUATE ENROLLMENT

7%

10%

15%

631

GRADUATE ENROLLMENT

FIRST TIME IN ANY COLLEGE

406

GLOBAL ENROLLMENT

309

RUSKIN ENROLLMENT

71%

3,004

RETURNING STUDENTS

This data reflects populations within undergraduate and graduate enrollment.

$11,810,505

ANNUAL SUPPORT & GRANT FUNDING

University donors contributed more than $6.7 million through Gannon’s Annual Fund, as well as capital, endowed, restricted and in-kind gifts. More than $5 million in grant funding was also raised to support academic excellence, research, community engagement and economic development.

10

LEARNING BY ENGAGEMENT | ADVANCING ORGANIZATIONAL HEALTH | CREATING PUBLIC IMPACT

GLOBAL STUDENT ENROLLMENT Global enrollment grew by expanding recruitment initiatives into new markets in Latin America, Eastern Europe, South and Southeast Asia as a strategic response to visa issuance challenges impacting several countries.

406 STUDENTS 64 COUNTRIES & U.S. TERRITORIES

CAPITAL PROJECT INVESTMENTS Gannon has continued to make significant investments in developing innovative facilities that enrich students’ academic experiences.

RUSKIN ACADEMIC BUILDING $20,000,000

MARY, SEAT OF WISDOM CHAPEL RENOVATION $2,000,000

2019

2020

2017

2019-21

NASH LIBRARY RENOVATIONS $16,500,000

I-HACK $28,000,000 PROJECTED

2020

RANKINGS

Recognized

NAMED A GREAT COLLEGE TO WORK FOR

TOP 50%

SCHOOLS IN THE NATION

RANKED AS NATIONAL UNIVERSITY

WALL STREET JOURNAL 2020 COLLEGE RANKINGS

U.S. NEWS & WORLD REPORT 2020

DAY OF GIVING The second annual Celebrate Gannon: Day of Giving saw many community members from Gannon, Erie and across the nation demonstrate generosity toward the University through impactful giving during a 24-hour fundraiser.

FOR SECOND CONSECUTIVE YEAR

$116,417

FUNDS RAISED

2019-2020 GANNON UNIVERSITY ANNUAL REPORT

215

TOTAL DONORS

40

DESIGNATIONS 11

TOTAL ECONOMIC IMPACT ON THE REGION

$226,000,000

FISCAL YEAR 2019-20

Gannon University continues to embrace and bolster its emerging role as a regional leader in fueling economic growth in Erie, Ruskin and across the globe. We foster the progress in the enlivened communities we serve by driving robust institutional financial health, capital investments and extensive opportunities for innovation and outreach.

IMPACT OF EMPLOYMENT Gannon University positively impacted employment in the Erie and Ruskin regions by providing jobs for 1,378 total employees, which includes 617 full-time employees, 260 part-time employees, and 501 student employees.

The University’s investment in current capital projects infused $10.5 million into the economy through contracts awarded, and employment for construction and professional services in relation to the development of facilities, including I-HACK. Dedicated to the growth and development of the Erie 12

economy, the University made payments within the community that reached more than $24.7 million for a variety of goods and services.

In summer 2019, seven local high school students were employed on Gannon’s campus through Erie County’s Summer Jobs and More (J.A.M.) program. Fifty-one students have completed their summer job at Gannon since the program’s inception, 14 of whom have since enrolled or are currently attending Gannon University.

Within six months of graduation, 97% of undergraduate and 96% of

graduate respondents achieved employment in substantive roles or continued their education to advance their degrees. Meeting the demand for highly trained professionals in the region, 38% of those graduates were employed by companies in Erie.

IMPACT ON ECONOMIC DEVELOPMENT The Gannon Small Business Development Center provided consulting hours to 904 clients in Erie, Crawford, Mercer and Warren Counties, and helped companies and entrepreneurs receive $14.5 million in capital formation. With support from SBDC consultants, 35 new

LEARNING BY ENGAGEMENT | ADVANCING ORGANIZATIONAL HEALTH | CREATING PUBLIC IMPACT

businesses were formed, and 2,472 new jobs were created or supported. SBDC provided 61 educational programs to 885 community members with eight of these offered virtually during the COVID-19 shutdown to provide resources to 185 attendees. The SBDC further assisted 20 clients in obtaining COVID-19related financial aid totaling more than $2.2 million.

Gannon’s Beehive enhances business expansion and development in the Erie area and contributes to increased employment opportunities and economic progress throughout Northwest Pennsylvania. The Beehive served 38 customers and produced an output of 61 business products, effectively maintaining all operations amid the COVID-19 pandemic. Since its inception in June 2017, the Beehive has served 223 customers.

The Erie Technology Incubator welcomed seven new tenants, bringing the total resident clients served to 17. It formed four new businesses and created 80 jobs prior to the COVID-19 pandemic. ETI assisted 13 resident companies during the COVID-19 pandemic by canceling rent in April, reducing financial concerns.

Three new tenants joined ETI following Erie County’s transition to the Green Phase.

Through its unique support and incubation program model, ETI has supported more than 160 startup businesses in Erie from the stages of

ideation to development and entry into the marketplace since its inception in 2008.

IMPACT ON ECONOMY Gannon received $1,342,340 in federal funding through the Department of Education’s CARES Act Higher Education Emergency Relief Fund to provide emergency financial aid grants to students whose lives were impacted by the COVID-19 pandemic. Gannon awarded 2,737 full-time undergraduate and graduate students with an expected family contribution under $30,000 with emergency financial aid grants ranging from $300 to $900.

Gannon students and employees supported 25 Erie businesses by purchasing $441,911 in goods and services through the GU Gold program.

Employee compensation injected $60 million into the local economy. This contribution was leveraged by the amount of state and local income tax revenue supported by the University’s payroll, and by economic multiplier effects derived from the spending generated by employees that supports local businesses, charities and professionals.

IMPACT ON SERVICE Campus Police and Safety continued to provide routine patrol on campus and within the Erie community. The Knight Watch Express shuttle service provided about 5,000 rides. Officers were dispatched to an average of 300 incidents requiring a report to be taken and an average of 10,000 calls for a variety of security duties.

Officers assisted the Erie Police Department with incidents not related to the University by conducting traffic and crowd control and provided uncompensated first-responder services. They are also assisting with adding camera systems to the Our West Bayfront area.

Gannon’s teams, clubs and organizations made significant contributions to the Erie community through service and fundraising. Gannon’s Fraternity and Sorority community completed more than 3,900 service hours for a variety of organizations, as well as organized and held events and fundraising activities resulting in more than $7,500 in donations to local and national philanthropies.

IMPACT OF PHILANTHROPY Gannon’s Dual Enrollment Program awarded $3 million in reduced tuition costs to 875 local high school juniors and seniors who earned 4,350 college credits in FY19-20.

2019-2020 GANNON UNIVERSITY ANNUAL REPORT

13

UNIVERSITY

FINANCIALS

Gannon’s Strategic Plan outlines program delivery, services and resources that are designed to meet the evolving needs of students, employees and the communities we serve. It identifies well-cared for human resources as the foundation for optimizing financial, physical plant and technology resources to strengthen institutional vitality. The University has focused on these strategies to attract students from a changing regional population, broaden our reach and serve our growing communities by expanding our Ruskin campus, aligning quality academics with industry demand, and developing Erie’s West Bayfront neighborhood.

Gannon University

completed Fiscal Year 201920 with a positive financial performance. Total net assets reached $174.1 million; the increase of $5.6 million included $4.6 million from operating activities and $1 million from non-operating activities.

Net tuition and fees increased by approximately $3.6 million, or 5.2%, versus the prior year. The overall tuition discount rate was 41.5%. Auxiliary enterprise revenue decreased by approximately $2 million to a total of $13 million. This was due to the refund of room and board revenues to students in Spring 2020 as a result of COVID-19 closures.

Enrollment for Fall 2020 totaled 4,251 students, which was a decrease of 193 students from the all-time record high enrollment of the prior year. The total number of undergraduate students 14

was 3,208 and included 631 First Time In Any College students. Graduate enrollment was 1,043 students, which was a slight increase of 31 students from the prior year. The Ruskin, Fla. campus expanded with the introduction of new academic offerings that contributed to its growing enrollment of 309 students, an increase of 70 students from the prior year.

Unrestricted contributions totaled approximately $900,000 and restricted contributions added another $4.6 million, totaling approximately $5.5 million.

Federal, state and private grants totaled $6.8 million, a $3.1 million increase from FY19. This includes federal funds received under the Cares Act in response to COVID-19.

from $64.6 million at the end of FY19 to $63.5 million on June 30, 2020. Total expenses reached $94.1 million, an increase of $4.7 million from the previous year. Total revenue reached $99.7 million, an increase of $3.2 million from the previous year. $1.3 million of the expense increase was due to disbursements to students under the Higher Education Emergency Relief Fund (HEERF) legislation.

The University will continue to invest in strategic initiatives to sustain and grow the University and allocate financial resources to ensure that students receive the best possible experience in and out of the classroom.

The total return on the endowment was -1%. The endowment fund decreased

LEARNING BY ENGAGEMENT | ADVANCING ORGANIZATIONAL HEALTH | CREATING PUBLIC IMPACT

2015-16 $69.1 3.6 3.7 12.8 0.7 $89.9

2016-17 $66.7 2.7 10.5 13.1 9.0 $102.0

2017-18 $65.0 2.8 3.0 13.8 6.8 $91.4

2018-19 $68.6 3.7 3.1 15.0 6.0 $96.4

2019-20 $72.2 6.8 5.5 13.0 2.2 $99.7

Total

2015-16 $57.0 19.4 2.2 6.0 2.5 $87.1

2016-17 $61.7 24.6 2.4 5.5 2.7 $96.9

2017-18 $57.7 19.3 2.5 5.5 2.8 $87.8

2018-19 $57.6 20.5 2.7 5.6 3.0 $89.4

2019-20 $60.0 22.4 3.5 5.6 2.6 $94.1

EXPENSES BY FUNCTION Instruction and Research Public Service Student Services Institutional Support Auxiliary Enterprises Total

2015-16 $41.1 2.0 17.9 16.4 9.7 $87.1

2016-17 $51.2 1.7 18.2 16.0 9.8 $96.9

2017-18 $42.5 1.8 18.1 15.5 9.9 $87.8

2018-19 $43.9 1.5 18.0 15.9 10.1 $89.4

2019-20 $47.4 1.5 17.5 17.9 9.8 $94.1

USE OF FUNDS Student Scholarships Capital Spending Debt Retirement Endowment Activities

2015-16 $37.3 11.3 2.3 1.8 $52.7

2016-17 $39.1 16.4 2.3 1.2 $59.0

2017-18 $42.4 11.4 2.0 0.9 $56.7

2018-19 $46.9 18.8 1.9 0.8 $68.4

2019-20 $51.2 12.9 2.0 0.9 $67.0

$56.6

$60.2

$63.4

$64.6

$63.5

REVENUE Tuition and Fees, net of scholarships Federal, State and Private Grants Contributions Auxiliary Enterprises Other Total EXPENSES Compensation Operating Expenses Interest Depreciation Auxiliary Enterprises

Total Value of Endowment all values in millions of dollars

2019-20 REVENUE

• Tuition and Fees, net of scholarships 72.4% • Federal, State and Private Grants 6.8% • Contributions 5.5% • Auxiliary Enterprises 13.1% • Other 2.2%

2019-20 EXPENSES

• Compensation 63.7% • Operating Expenses 23.8% • Interest 3.7% • Depreciation 6% • Auxiliary Enterprises 2.8%

2019-2020 GANNON UNIVERSITY ANNUAL REPORT

EXPENSES BY FUNCTION

• Instruction and Research 50.4% • Public Service 1.6% • Student Services 18.6% • Institutional Support 19% • Auxiliary Enterprises 10.4%

15

FACTS & FIGURES

16

LEARNING BY ENGAGEMENT | ADVANCING ORGANIZATIONAL HEALTH | CREATING PUBLIC IMPACT

Gannon University's 2017-2021 Strategic Plan is comprised of intentional goals highlighting commitments to our students, employees and communities, which are all aligned with our University Mission and vision. This thoughtful planning of our prioritized strategies and action has yielded great progress in the University's key performance indicators.

2010 Total Students Undergraduate Graduate International Minority

2019

2020

4,219 2,992 1,227 7.1% 7.8%

4,444 3,432 1,012 9% 13%

4,251 3,208 1,043 8% 14%

Total Full-Time Employees Full-Time Faculty Full-Time Staff

564 203 361

623 242 381

617 242 375

Student-to-Faculty Ratio

13:1

13:1

12:1

Freshman GPA

3.5

3.6

3.7

Freshman SAT

1,121

1127

1,121

Retention (First to Second Year)

80%

82%

85%

Graduation Rates / 4-year

46%

52%

51%

Graduation Rates / 5-year

60%

64%

65%

384

667

683

1,194

1,325

1,222

79,421

75,492

41,000*

88% 97%

96% 97%

97% 96%

1,231

957

1,074

37,237

46,166

46,840

Student-Athletes Students in Gannon Housing Community Service Hours Employed after Graduation or Continuing Education Undergraduate Graduate Students Graduated Alumni Graduates

*Community service hours were impacted due to COVID-19 restrictions during FY19-20. Data reported as of Sept. 4, 2020.

2019-2020 GANNON UNIVERSITY ANNUAL REPORT

17

BOARD OF TRUSTEES

2019 - 2020

Most Rev. Lawrence T. Persico, J.C.L. • Chairperson Bishop of Erie Erie, Pa.

Walter W. Cooper ’85, ’87M Chief Executive Officer Matrix Medical Network Odessa, Fla.

Thomas C. Guelcher ’62, ’76M • Vice Chairperson Risk/Properties Director Sisters of Mercy Erie, Pa.

Tina M. (Cicchetti) Donikowski ’85 Retired Vice President GE Transportation Systems Erie, Pa.

Mark J. Minnaugh ‘81 Secretary Retired Executive VP Giant Eagle, Inc. Allison Park, Pa. Keith Taylor, Ph.D. • President Gannon University Robert P. Barker ’72 Retired Executive Parker Aerospace Laguna Niguel, Calif.

Candace D. (Horton) Battles ’93 Retired Social Worker Harborcreek Youth Services Erie, Pa. Richard E. Beattie ’92 Owner Mechanical Engineering & Construction Corp. (MEC2) Phoenix, Md. Rev. Msgr. Robert L. Brugger Retired Diocese of Erie Erie, Pa.

18

Sr. Mary Drexler, S.S.J. ’71VMC Retired Principal Our Lady’s Christian School Erie, Pa. Dana M. (Kennedy) Fallon ’91 Career Services Manager Northern Virginia Community College Annandale, Va. Very Rev. Michael Ferrick, V.F. Rector St. Peter Cathedral Parish Erie, Pa..

James Fiorenzo ’90M Retired President UPMC Hamot Erie, Pa. and Bonita Springs, Fla. Gwendolyn M. (Ralph) Garbarino, Esq. ’82 Vice President and General Counsel Eden, Inc. State College, Pa. James Grunke CEO Erie Regional Chamber and Growth Partnership Major General Timothy J. Hilty ’81 Assistant Adjutant General Army, Pennsylvania National Guard Lebanon, Pa.

LEARNING BY ENGAGEMENT | ADVANCING ORGANIZATIONAL HEALTH | CREATING PUBLIC IMPACT

Rev. Scott W. Jabo, Ph.D. President Cathedral Preparatory School/Villa Maria Academy Erie, Pa.

Rev. Nicholas J. Rouch, S.T.D. ’83 Vicar for Education Diocese of Erie Erie, Pa.

Stacy M. Juchno ’98 Executive VP and General Auditor PNC Financial Services Group, Inc. Mars, Pa.

James J. Rutkowski, Jr. ’83 General Manager/Treasurer Industrial Sales and Manufacturing, Inc. Erie, Pa.

Hannah Kirby ’10, '11M • Business Owner Ember + Forge President, National Alumni Association Erie, Pa.

James A. Scozzie, Ph.D. ’65 Retired Business Executive Painesville, Ohio

Scott M. Krall ’84 Director of U.S. Country Health Safety and Environment Bayer Corp.

Pittsburgh, Pa. Thomas J. Loftus ’56, ’74M Retired Business Executive LORD Corp.

Erie, Pa.

Antoinette Spevetz, M.D. ’83 Professor of Medicine Cooper Medical School of Rowan University Oxford, Pa. Kory Stauffer, Ph.D.• Associate Professor of Sport & Exercise Science President, Gannon University Faculty Senate Erie, Pa. Rev. Marc Stockton Judicial Vicar Diocese of Erie Erie, Pa.

Msgr. Edward M. Lohse ’84 Vicar General Canonical Services Diocese of Erie Erie, Pa. David Long • President Gannon University Student Government Association Erie, Pa.

Margaret A. (Rothgery) VanderLaan ’89 Chief Marketing Officer Encore Electric, Inc. Highlands Ranch, Colo.

• Ex-officio Members

Pierre McCormick ’79 Retired President Wisconsin Distributors, LLC Erie, Pa. Timothy NeCastro ’83 President and Chief Executive Officer Erie Insurance Erie, Pa. Richard G. Orlando, M.D. ’76 Director, Cataract Surgery Columbus Ophthalmology Dublin, Ohio Kiran K. Rajasenan, M.D. ’93 Medical Oncologist UPMC Passavant Pittsburgh, Pa. 2019-2020 GANNON UNIVERSITY ANNUAL REPORT

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NON-PROFIT ORGANIZATION U.S. POSTAGE PAID GANNON UNIVERSITY

Gannon University 109 University Square Erie, PA 16541-0001

GANNON UNIVERSITY

MISSION Gannon is a Catholic, Diocesan university dedicated to excellence in teaching, scholarship and service. Our faculty and staff prepare students to be global citizens through programs grounded in the liberal arts and sciences and professional specializations. Inspired by the Catholic Intellectual Tradition, we offer a comprehensive, valuescentered learning experience that emphasizes faith, leadership, inclusiveness and social responsibility.

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