Logan University 2017-18 Annual Report

Annual Report of Giving 2017–2018

The price of leadership is service to others. Every donation to Logan is an investment in the future of our profession and health of our community.

Dear Alumni, Friends and Supporters, When you show your support to Logan, we understand it’s not just an investment. It’s a commitment of your loyalty, confidence and trust in our leadership and where we can take that. For that choice you make, we thank you. We are eternally grateful for that support.

This year alone, your commitment strengthened our purpose and opened the doors to possibility. You helped secure record enrollment in our College of Chiropractic and College of Health Sciences degree programs. With that, we deepened the breadth of our curriculum, ensuring our students are not only practiceready—they are skilled and confident health care leaders.

President's Cabinet Clay McDonald, DC, MBA, JD President Ralph Barrale, DC Vice President of Chiropractic and Alumni Relations Theresa Fleck, MA, CFRE Vice President of Institutional Advancement Brad Hough, PhD Vice President of Information Technology and Strategic Performance Adil Khan, MBA, CPA, CSBO Chief Financial Officer and Vice President of Administrative Services Kimberly Paddock-O’Reilly, DHEd, MSW Executive Vice President of Academic Affairs

You enabled the broadening of our clinical opportunities to create more enriching experiences, which will expose students to multi-disciplinary settings, collaborative work environments and more successful outcomes. You made it possible to expand our chiropractic services through our Health Centers in the St. Louis area, enhancing patient care and student education opportunities.

And you continued to provide the resources that allow us to invest in mutually beneficial partnerships with our peers in education to help advance the profession and remain innovative leaders in health care. The gifts you provided have not only helped sustain our university in our daily operation, they have allowed us to push the envelope, venture forward and pursue opportunities that will serve our students and our patients for years to come. You have a choice on how to spend your dollars, where to lend your talent and resources and how to spend your time. For many of us, those choices live in our passions, connections and experiences. For all of us, those choices are a hope for a better future. The intersection of health care and higher education is ever-changing, yet we are steadfast and confident on our course to reach new heights of excellence, guided by history and mission, and empowered by our students, faculty, staff and community of supporters. Thank you for the impact you have made, and will continue to make, on our institution and in the world.

Sincerely,

Lee Van Dusen, DC Vice President of Strategic Performance & Continuous Improvement

Dr. Clay McDonald, DC, MBA, JD President, Logan University

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At a Glance State of Logan

Grounded In Excellence

83

years of education and dedicated, patient-centered care

7

Fiscal Year 2017–2018

degrees offered including bachelor’s, master’s and doctoral programs Our continued success would not be possible without the generosity of our donors and supporters. Take a look at the accomplishments and milestones you’ve helped us achieve over this past fiscal year.

1,371 students

representing 49 states and 23 countries

September 2017 Logan enrolls its largest incoming class in a decade, as 142 students in the Doctor of Chiropractic (DC) program began first-trimester classes. An additional 210 students enroll in the College of Health Sciences (CoHS) programs.

Did you know?

Logan University has 270 faculty members including full-time, part-time, and adjunct positions with a 12:1 student-to-faculty ratio.

November 2017 Logan’s Health Centers add pediatric chiropractic as a specialty referral service to address the health needs of infants and youth.

Dr. Muriel Périllat, DC, MS, leads the service at the Montgomery Health Center, offering patient care, family engagement and student education.

January 2018 US Paralympics, a division of the United States Olympic Committee, names Logan University as the high performance management organization for Para Powerlifting. Logan has hosted Para Powerlifting training camps and competitions since December 2016.

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Immersive & Innovative

40%

of DC students’ first year is spent in hands-on clinical skills courses

Top

13

*Best Online Masters in Nutrition *BestColleges.com

Top

MSHI

*Health Informatics listed as a top online master's degree *Best College Reviews

15

techniques offered in chiropractic—more than any other college

The Best & The Brightest

90%

retention rate in Logan’s DC program

30+

clubs and groups available to students at Logan

95%

students placed in a preceptorship

2%

student loan default compared to the 10.3% average for Missouri schools and 10.8% nationally

March 2018 Logan unveils the ‘Leaders Made’ brand platform, reflecting the evolution of Logan from a chiropractic college to its current role as a dynamic and growing chiropractic and health sciences university.

May 2018 Logan alumnus William Purser, DC (1953) donates $1 million to Logan during the 2018 Spring Symposium. As a long-time advocate for the chiropractic profession and supporter of Logan University, Dr. Purser has made numerous financial commitments toward Logan campaigns, student scholarships and capital-improvement projects.

Did you know?

Many of Logan’s faculty rank in the top 10% in the United States (IDEA Academic Advisement Assessment and Feedback System)

June 2018

Patient-centered.

Patient-valued.

40K

patients served every year

by Logan University Health Centers

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partnerships provide chiropractic care to student athletes (University of Memphis, University of Missouri, Harris-Stowe State University)

10

integrated health centers (VA, Dept. of Defense, FQCHC)

Logan’s Master of Science Degree in Nutrition & Human Performance is accepted into an early adopter demonstration program through the Accreditation Council for Education in Nutrition and Dietetics (ACEND), among the first of only 19 applications accepted. The goal of the early adopter program is to identify future education models across colleges, universities and organizations that can produce professionals prepared for emerging and innovative health care.

August 2018 Logan University creates a partnership with the University of Memphis that grants student athletes access to on-site chiropractic care through team chiropractic physician and Logan alumnus Jude Miller, DC, MS, CCSP, CME (2011).

Logan DC students now have opportunities to complete rotations under the supervision of Dr. Miller.

Continue to page 8 for a full financial report logan.edu/give

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Scholarships Donor-supported scholarships enable brighter futures for Logan students. Beyond reducing students’ financial burdens, scholarships are catalysts for confident leaders who can make a difference in the lives of others.

Opportunities to support students at Logan abound, from individual scholarships to the Forever Chiropractic Forever Logan Scholarship Endowment.

In this Annual Report, we highlight both individuals who have been inspired to give and the students who have been directly impacted by generous donations. The investments made by these advocates of education live on forever in our students and the lives they touch.

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Sheldon Stuckart

Scholarship Recipient

As a recent college graduate with a degree in exercise science, Sheldon Stuckart was passionate about helping athletes enhance their human performance. Yet the more he worked with athletes, the more he yearned to find the root of their injuries, rather than working around them.

My scholarship gave me the financial freedom to pursue continuing education and allowed me to take certain electives that are now benefiting my patients.

It also has helped expand my knowledge of treatment plans and approaches to caring for the body.

“I felt my potential was limited by the career path I was on,” he said. “Then I met Logan chiropractic student interns and loved the knowledge they had for the body.”

Now well into his chiropractic education at Logan, Sheldon said he feels empowered by the potential he has to help all individuals, not just athletes. “I feel I can treat someone with a sports-related injury, and also someone who may not have been able to get out of bed or walk their dog. To me, improving the human experience is really meaningful.”

Sheldon said he looks forward to the day where he can show his appreciation to his donors by paying it forward. “I would love to create a scholarship for a Logan DC so they, too, can see the impact of giving.”

Forever Chiropractic Forever Logan Scholarship Endowment

logan.edu/give

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Lydia Scherle

Scholarship Recipient

In 2018, Lydia Scherle earned scholarships from Drs. Jordan and Brooke Hawkins, Foot Levelers, Inc. and Standard Process, Inc. She said the scholarships have enabled her to take financial stress off her mind while preparing for the future.

I want to thank these scholarship donors from the bottom of my heart.

Their gift is inspiring and makes me want to give back to the chiropractic profession and support Logan students, just as they have.

“When I applied for scholarships, I was in a really difficult trimester. When I received emails that I had earned not one, but three scholarships, it gave me the motivation and encouragement I needed to push through. I immediately thought, ‘I can do this. If I put in the hard work now, I’ll see the benefits in the future.’”

Lydia is slated to graduate with her Doctor of Chiropractic degree from Logan in August 2019. She plans to return to her hometown of Jasper, Indiana, where she looks forward to helping the community that did so much for her.

Brooke Hawkins, DC (2010) & Jordan Hawkins, DC (2011) Standard Process, Inc. Foot Levelers, Inc.

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Donor Snapshots Peter Feldkamp, DC The deep connections Dr. Peter Feldkamp (1988) made when he was a chiropractic student at Logan have made a lasting impact. Now, more than 30 years after he graduated and started practicing in Grove City, Ohio, Dr. Feldkamp is a strong advocate for the university, its mission and the next generation of chiropractors … one of whom is his son, Patrick, a Logan student.

Dr. Feldkamp said his gift to the Forever Chiropractic Forever Logan Scholarship Endowment stems from his appreciation for his education, the dedication of Logan faculty and his commitment to the future of chiropractic and the potential it holds. “Many of Patrick’s instructors are the same ones I had. So, I’ve enjoyed seeing the continuum of care and teaching at Logan,” Dr. Feldkamp said. “Knowing they’ve stayed the course and have a love of Logan is inspiring to me in practice.”

Brooke Hawkins, DC & Jordan Hawkins, DC After earning their Doctor of Chiropractic degrees from Logan University, high school sweethearts Drs. Brooke and Jordan Hawkins returned to their small hometown of Loogootee, Indiana, to set up their family wellness practice, Hawkins Health Center.

“As a chiropractic practice in a small town, many of our patients come to us as a significant source for their health care needs,” Dr. Brooke Hawkins said. “Our care for the community has helped us grow the practice bigger than we ever imagined.”

Today, the doctors share their knowledge of building a practice from the ground up with the next generation of chiropractors. Since 2017, they have assisted students through the Drs. Jordan and Brooke Hawkins Scholarship, which awards one Trimester 7 student a scholarship and mentorship. “We love giving back to current Logan students and the chiropractic community. In meeting with students, we realized it’s hard to know what to do upon graduation, so we hope our mentoring guides them to success,” Dr. Brooke Hawkins said.

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Fiscal Year 2017–2018 Highlights Logan University continues its strong financial position due to disciplined management, thorough governance structure and steady leadership. Our net assets stand at $83.1 million, with strong cash and investment balances totaling $46.2 million. The university continues to invest in physical facilities to support key academic initiatives and infrastructure.

Logan University, Inc. Statement of Financial Position Year Ended August 31, 2018 (With Comparative Totals for 2017) August 31

Assets

2018

2017

$ 3,259,360

$ 2,064,036

168,686

1,038,675

$ 3,428,046

$ 3,102,711

143,495

113,337

1,148,759

992,122

4,278,806

4,878,569

312,465

416,491

Property and equipment, net

36,310,257

37,854,518

Investments

42,798,953

38,654,857

515,655

503,614

Other assets

13,352

15,854

Beneficial interest in Logan University Education Foundation

10,083

10,083

$ 88,959,871

$ 86,542,156

Accounts payable

$ 322,827

$ 332,323

Accrued liabilities

812,600

490,798

Deferred revenues

485,567

554,764

4,267,026

4,927,090

$ 5,888,020

$ 6,304,975

$ 80,378,351

$ 76,594,919

Temporarily restricted

1,449,920

2,556,210

Permanently restricted

1,243,580

1,086,052

$ 83,071,851

$ 80,237,181

$ 88,959,871

$ 86,542,156

Cash and cash equivalents Unrestricted Restricted

Accounts receivable, net Contributions receivable, net Student loans receivable Prepaid expenses

Cash surrender value of life insurance policies

Total assets

Liabilities

U.S. Government grants refundable Total liabilities

Net Assets Unrestricted

Total net assets

8 //

The generous support of our donors and commitment of the Logan community have been essential to building our capabilities. We encourage you to read the audited financial statements and related notes online at logan.edu/StateOfLogan for more information regarding the financial position and results of Logan University.

Logan University, Inc. Statement of Activities Year Ended August 31, 2018 (With Comparative Totals for 2017) August 31

Revenues, Gains and Other Support

2018

2017

$ 30,075,537

$ 26,034,915

(430,055)

(89,261)

$ 29,654,482

$ 25,945,654

3,828

69,701

1,269,362

198,133

Sales and service of educational activities

559,636

552,764

Investment income

787,304

1,036,540

Gain (loss) on sale of property and equipment

(50,425)

42,798

Other revenue sources

385,784

447,676

Sales and service of auxiliary enterprises

-

1,346

Total revenue, gains and other support

$ 32,600,971

$ 28,294,612

Education and general Instruction Research

Academic support

Student services

Institutional support

Operation and maintenance of plant

$ 12,156,213 197,550 1,118,980 3,807,595 Â 9,098,381 2,097,360

$ 11,916,252 187,690 1,095,903 3,029,294 Â 8,139,361 2,142,138

Total Operating Expenses

$ 28,476,079

$ 26,510,738

Change in net assets before depreciation and amortization and net realized and unrealized gains on investments Depreciation and amortization Net unrealized gain on investments Net realized gain on investments

$ 4,124,892 $ (2,863,630) $ 1,114,867 $ 458,541

$ 1,783,874 $ (2,841,717) $ 66,793 $ 1,216,330

Net Assets, beginning of year

$ 2,834,670 $ 80,237,181

$ 225,280 $ 80,011,901

Net Assets, end of year

$ 83,071,851

$ 80,237,181

Tuition and fees Less institutional aid

Net tuition and fees

Other grants and contracts Private gifts, grants and contracts

Expenses

Change in Net Assets

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To our generous family of donors,

Thank You!

2017 – 2018 Donors Anonymous

Ms. Jeannie Darnell

Dr. Mark Gelsthorpe

Dr. Max Ahlers (1961)

Dr. Robert Davidson

Dr. Edward Glover (1953)

Dr. Donald Altman*

Dr. Christophe Dean

Ms. Karen Goddy

Ms. Mary Jane Bahr

Dr. Vincent DeBono

Dr. Jason Goodman (1998)

Dr. Ralph Barrale (1969)

Ms. Kathy DeBord

Ms. Jane Goodwin Dr. William M. Harris Scholarship

Ms. Joan Becker

Dr. Marcus DeGeer (2001)

Ms. Judy Benjamin

Ms. Ellen Dickman

Dr. Nicole Bennett* (2003)

Doctors Supplement Store

Dr. Lori Bents (1984) Lori Bents Scholarship

Dr. Miranda Doherty (2013)

Ms. Jean Grabowski

Ms. Natacha Douglas

Ms. Martha Blum Dr. Kelly Doyle B.E. Doyle Scholarship

Dr. Robin Bozark (1985)

Mr. Charles DuBois Standard Process Scholarship

Dr. Gary Bridges (1974) Dr. William Brink (1977)

Dr. Ronald Grant* Dr. Tom Greenawalt (1954) Mr. Kent Greenawalt Foot Levelers Scholarship Dr. Allen Hager* Dr. Brooke Hawkins (2010) Dr. Jordan Hawkins (2011) Drs. Jordan & Brooke Hawkins Scholarship

Mr. Robert Eagles Dr. Faye Eagles Scholarship

Mr. Joel Hayward

Ms. Karen Bromley Dr. Beatrice B. Hagen Scholarship

Dr. Paul Eberline* (1979)

Dr. Chris Heeb (1992)

Ms. Erica Ehrhard

Dr. Paul Henry (1993)

Dr. Richard Bruns* (1980)

Dr. Jay Elliott (1990)

Ms. Melody Herr Bruen

Dr. Meadow Campbell

Dr. Erika Evans

Chiro Thin

Dr. Ron Farotto (1987)

Dr. Charles Heuser (1976) Dr. Sara Heuser Horn (1989) Gordon Heuser Scholarship

Dr. Bart Coleman (1998)

Dr. Peter Feldkamp (1988)

Dr. Debra Hoffman (1980)

Commerce Bank

Dr. Marshall Feldman (1988)

Mr. Gregg Hollabaugh*

Common Ground Public Relations

Forever Chiropractic Forever Logan Scholarship

Dr. Cheryl Houston

Dr. Kelly Brinkman (1990)

Dr. Katherine Conable (1975) Ms. Joanne Franer Dr. Paul Cornelius (1940) Paul Cornelius Scholarship

Dr. Janine Frogge (1983)

Dr. Douglas Cox (1979)

Mr. Mervin Fry

Dr. Michael Dalton (1980)

Dr. Arlan Fuhr (1961)

= Benefactor Leaders

Dr. Ray Howell (1952) Hygenic Performance Health Ms. Josephine Inscho Dr. Andrew Isaacs (1968)

* = Board of Trustees

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2017 – 2018 Donors MO Association of Student Financial Aid

Ms. Ginger Jackson Mr. Lonnie Jelinek

Ms. Teresa May John R. Howell Memorial Scholarship

Dr. Robert Johnson (1962) Ms. M. Jones

Mr. Tim McAuliffe Arthur L. McAuliffe Scholarship

Ms. Roma Karp Eugene Mikus Memorial Scholarship

Dr. David Parish Dr. Elizabeth Paunicka Mr. Joshua Peters* Dr. Jon Pinkston (2009)

Dr. Clay McDonald* (1982)

Dr. Ron Pollock (1962)

Ms. Joanne McGuffey Dr. Keith Berger Memorial Scholarship

Ms. Jane Polsky

Dr. Bradley McMath (1993)

Pro Active Care Physical

Dr. Rick McMichael (1972)

Dr. William Purser (1953)

Dr. Ryan McMichael (2007)

Radiology Consultants

Dr. Aaron McMichael (2007)

Ms. Emily Ratliff

Mr. Douglas Merry

Dr. Michael Reed (2014)

Michigan Chiropractic Foundation

Dr. Daryl Ridgeway (1997)

Dr. Steven Mirowitz (1984)

Mr. Steven Roberts*

Mr. Gary Mohr* Dr. Patrick Montgomery (1976)

Ms. Marti Roth Tracey Parmentar Memorial Scholarship

Leander Excellence in Motion

Dr. Muriel M. Perillat Pediatric Scholarship

Dr. Balasubramanian Santhanam

Logan University Board of Trustees

Mr. David Nafar

Ms. Martha Schecter

Logan University Faculty Senate

Dr. Jason Napuli Dr. Kristina Petrocco-Napuli

Mr. Roger Schlueter*

Dr. Martha Kaeser (2008) Dr. Jeffrey Kamper (1990) Ms. Linda Kenny LBK Single Mom Scholarship Dr. Norman Kettner (1980) Mr. Adil Khan Dr. Amy Koch (2004) Dr. Thomas Konicki Dr. Robert Kuhn (1986) Dr. M. Kathleen Kuhn (1988) Dr. Brian Laiderman (2012) Dr. Joseph Lane* (1983)

Dr. Howard Loomis (1967) Loomis Enzymes

NCMIC

Ms. Victoria Lyons

Dr. Gerald Newman (1959)

Dr. Marc Malon* (1981)

Dr. Ronald Nowman (1958)

Dr. Donna Mannello (1987)

Dr. Mero Nunez (1988)

Ms. Joyce Marty

Dr. Keith Overland*

= Benefactor Leaders

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Dr. Kimberly Paddock - O’Reilly

* = Board of Trustees

Ms. Kelly Powell

Scharnhorst Scholarship Dr. Judy Silvestrone* Dr. Rodney Small (1988) Dr. Brian Snyder (1983) Society for the Advancement of Chiropractic Education

2017 – 2018 Donors Mr. Jack Speer Thomas E. Speer Scholarship Stanek Chiropractic Brian E. Stanek Scholarship Dr. Thomas Toftness (1979) Toftness Clinical Excellence Grant Dr. Dana Underkofler-Mercer (1998) Dr. Mary Unger-Boyd (1997) Ms. Sharon Vallone Dr. Lorraine M Golden, DC Scholarship Dr. Lee Van Dusen Dr. Peeranut Visetsuth Dr. Brian Walsh (1999) Mr. Bill Wharton Dr. Jane Wibbenmeyer (1988) Dr. Barry Wiese Dr. Rodney Williams* (2000) Ms. Susan Winter Ms. Janet Winkelman Dr. Howard S. Grossman Scholarship Dr. Martin Wolchansky (1988) Dr. Kurt Wood* Ms. Pamela Zika

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Preceptor Doctors Logan University is grateful to the following Doctors of Chiropractic who hosted student interns through the Preceptorship Program. Students gain invaluable experience from the doctors in a real-world setting.

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Laura Ames

Ryan Eckman

Mike Ienna

Adam Anderson

Therese Finan

Mike Ignacio

Wendy Attadgie

Sharon Fitelson

Edward Johnnie

Elizabeth Bagley

Bryan Foss

Brett Kahn

Chris Barnes

Clint Freeman

Terrance Kearney

Ashley Battaglia

Kristin Gaines-Porlier

Abbe Keen

Patrick Battaglia

Tom Gargiula

Tyler Kelly

David Beavers

Nick Gatto

Felicity Keough

Katie Beech

James George

Cameron Khavari

David Benoit

Craig Gill

Steve King

Kyle Boland

Scott Grogan

Curt Kippenberger

Joan Brower

Jason Hamed

Kris Kirby

Robert Brown

Andy Harding

Douglas Koch

Jason Cannon

Matthew Hart

James Koop

Nick Carone

Allison Harvey

Eric Kowalke

Eric Cawley

Arnie Hicks

Joshua Lawlor

Michelle Charlton

Johanna Hill

Jason Leavitt

Travis Day

Rodney Holzmacher

Ryan Leibfried

John DeAngelis

Jason Hulme

Adam Ligon

Sydney Dyer

Galen Hurl

Rachel Loeb

Steven Loehr

Brandon Osmon

Colleen Stratton

Patrick Lowe

Seth Painter

Tiffany Thornton

Christina Lynch

Kathy Pansegrau

Chris Turner

William Martin

Alexia Peake

Michael Ungerank

Rodger Massa

Elizabeth Perez

John Unruh

Todd Massa

Baraba Pfyl

Frank Vaught

Ross Mattox

Jason Placeway

Michael Viscarelli

Lynette Mayfield

Steven Radovich

Nathan Vuagniaux

Kyle McBride

Krista Rainwaters

Jennifer Walker

Kris McClusky

Craig Revermann

Troy Walker

Matthew McFarland

Robert Rice

Grant Watkins

Thomas McGillick

Kevin Rindal

Hilary Wednell

Jeffrey McIntyre

Daniel Roach

Jonathon Weimer

Corina Morrison

Amelia Rodrock

Tonya Westerbeke

Sara Nelson

Joseph Rogers

Wendee Whitehead

John Noblin

Jay Rohleder

Steven Whitelaw

Allison Norris

Jason Schone

Brett Winchester

Kathleen Norris

Steven Sitko

Stewart Yoss

Corey Osborne

Amanda Stevenson

Carly Zuehlke

Admission Referrals Student referrals are key to Logan’s continued growth, and we are deeply grateful to all alumni, faculty, staff, students and friends who have referred students in the past year to Logan in both the College of Chiropractic and College of Health Sciences. Thank you for your trust as we educate the health care leaders of tomorrow.

logan.edu/give

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Board of Trustees

20 //

Chairmen of the Board Richard M. Bruns, DC (1980)

Chairman of the Board

Gary M. Mohr, MS

Vice-Chairman of the Board

Trustees Donald S. Altman, DDS, DHSc, EdD, MPH, MBA, MA Nicole Bennett, DC (2003) Paul D. Eberline, DC (1979) Allen Hager, DC Not Pictured Gregg E. Hollabaugh Jade Dominique Jones, MD, MPH Joseph Lane, DC (1983) Marc G. Malon, DC (1981) Roger L. Schlueter Not Pictured Judy M. Silvestrone, DC, MS Not Pictured Rodney F. Williams, DC (2000) Kurt Wood, DC Steven Roberts, JD, LLM Not Pictured

Trustee Emeritus

Advisory Members Keith Overland, DC, CCSP, FICC Rick L. Stevens

logan.edu/give

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1851 Schoettler Road / Chesterfield, MO 63017 / (636) 227-2100 logan.edu