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President’s Report FISCAL YEAR 2014-15


Letter From

The President

T

hese are exciting times at Montreat College. God’s handiwork here has been evident in so many places that I’ve spent my first year as president in a perpetual state of awe and gratitude. The remarkable increases in gift income and new student enrollment, the campus improvements, the overall sense of purpose and momentum, all of these are a testament to the work of God and the people He has called to be a part of Montreat College’s new beginning. The momentum that began before I arrived continues to build and grow, and we are starting to see the tangible signs of that momentum. Gift income for the 2014-15 fiscal year was $9.1 million, up from $1.6 million just two years prior. New student enrollment on our traditional campus for fall 2015 was 50% higher than the previous year, marking the highest traditional new student enrollment at Montreat College on record. Multiple campus improvement projects have been completed or are nearing completion: the $2 million athletic complex on our Black Mountain campus, the renovations of Howerton Dining Hall and McAlister Fitness Center, the new black box theatre. New friends of the college have emerged to offer crucial financial support, including the underwriting of a comprehensive master plan for the college’s future growth. None of these things would have been possible without God’s provision and the commitment of our trustees, administration, faculty, staff, alumni, donors, and other friends of the college. We are currently celebrating Montreat College’s 100th academic year. Throughout this centennial year, we are both reflecting on the college’s legacy and strengthening the foundation for the college’s future. As we continue to build for our second century, I invite you to come alongside us to join in what God is doing here. I hope you will be a part of this exciting time at Montreat College. Yours in Christ,

Paul J. Maurer, Ph.D. President


Our

Promise

O

ne of the most important things Montreat College has done over the past year is clarify its identity in the marketplace. Part of this process was the development of a promise we make to prospective students and parents in order to better convey who Montreat College is and what it does. The college’s promise is this: Montreat College is an independent, Christ-centered, liberal arts institution that educates students through intellectual inquiry, spiritual formation, and preparation for calling and career.

Breaking Down Our Promise Independent: Montreat College was founded as part of the Presbyterian tradition, but it has not been a Presbyterian school for a long time. The college is proud of its Presbyterian roots, but it has been a fully self-governing and independent institution for over two decades. Christ-centered: Montreat College is deeply rooted in historic Christianity and possesses a high view of the Bible. As a member of the Council for Christian Colleges & Universities (CCCU), Montreat is part of a select group of schools that makes a voluntary choice to hire faculty and staff who profess the Christian faith. This Christcenteredness permeates everything the college does as an institution, from how it delivers education to individual students in the classroom to trustee decision-making. Liberal arts: Montreat College is a liberal arts institution. In keeping with the rich tradition of the liberal arts, Montreat fosters an interdisciplinary learning environment that forms the whole person. In addition to helping students acquire the essential knowledge they will need for their future vocations, Montreat also teaches them to read and think deeply and critically, how to write clearly and persuasively, how to work together well

on a team. Within that framework, the college’s Christcenteredness informs the belief that God is sovereign. And that intellectual humility is a crucial distinction between the Christian liberal arts and other forms of liberal arts education. Intellectual inquiry: Montreat College embraces intellectual pursuits. Montreat holds students to high academic standards in order to stretch the bounds of their God-given intellect. Students must engage in deep thought, which includes learning habits of deliberation, reading, study, and reflection. They must struggle, which requires effort, focus, practice, re-working drafts, and recasting arguments. This is how their minds become strong and agile. Spiritual formation: Montreat College seeks to foster an environment in which spiritual formation is part of the campus ethos. While many Montreat students profess the Christian faith, some do not. However, Montreat encourages all of its students to wrestle with the meaning of life and to take ownership of their faith. This happens in the classroom, in the chapel and convocation services, through athletics and student activities. Montreat is dedicated to helping all its students have better answers to their spiritual questions by the time they graduate. Calling and career: At Montreat College, preparation for calling and career means more than just readying students for a job; the focus on preparation for calling and career is baked into the curriculum. Montreat comes alongside students and supports them in the process of understanding their gifts and strengths and how that might fit into God’s call on their lives. In addition, survey after survey shows that an interdisciplinary liberal arts education provides the skills employers are looking for, the kinds of skills that give students the ability to adapt and make sense of the ever-changing marketplace they will encounter upon graduation.


President’s Report 2014-15

Cybersecurity as a

Christian Mission Akira Shavers ’16

For Akira Shavers, Montreat College’s cutting-edge Cybersecurity program provided a unique opportunity. “The cybersecurity field is really expanding,” he says. “In the job market, only 40 percent of the available cybersecurity positions are currently filled.” Akira saw this need as a call to use his skills for the greater good. “I have a passion for serving, and my father is currently a pastor, so I was seriously considering the Bible and Religion route, but I always had an interest in computers. And my main motivation for getting into cybersecurity was to help others, to provide security, a secure network, for those who cannot provide for themselves. What really motivated me was Matthew 9, where Jesus says, ‘The harvest is plentiful, but the workers are few.’” While at Montreat, Akira has already taken advantage of the many opportunities in cybersecurity. He’s a member of Montreat’s award-winning cybersecurity team, which recently advanced to the Southeast Regional Finals of the National Collegiate Cyber Defense Competition. Akira has also gained hands-on experience through coveted summer internships with Bank of America and the Harris Corporation, an international leader in communications and information technology. “I had no idea what to expect because there were interns from MIT, Georgia Tech, Purdue, University of Florida, all these big schools. I was in the security command center with three other interns, but I was the only one invited back for a second summer.” Thanks to his experience both at Montreat and in his internships, Akira was offered—and accepted—a job in the cybersecurity division at Bank of America upon his graduation in May 2016.


Bringing Financial Literacy

To The People Marsha Barnes ’13

“So many people in America worry about their personal finances and have no one to talk to,” says Marsha Barnes, founder of the Charlotte-based Finance Bar. “So I asked myself, ‘If you were having problems with your finances, who would you go to?’ You can’t walk into a bank and say, ‘Can you help me with my budget?’ Financial planners cost a couple hundred dollars an hour. So I realized there was something missing from the market.” Marsha’s answer was to found the Finance Bar, a mobile financial planning hub built into a retrofitted school bus, out of which she provides personal financial planning services for individuals, schools, organizations, and corporations. “Corporations bring me in to help their employees with personal financial planning,” she says. “It’s a way they can give something to their employees.” Launched in November 2014, the Finance Bar is already receiving local and national attention from the likes the Charlotte Observer, NPR Weekend Edition, and Forbes Magazine. “I never thought I’d get that much traction in my first year,” she says. Marsha got her bachelor’s in Business from Montreat College in 2010, and her graduate degree in Management and Leadership from Montreat in 2013. “People always ask me, ‘How did you come up with an idea like this? How did you know how to run a business?’ Montreat taught me strategy, to think outside the box, to be creative. And having a faith-based education from Montreat helped a ton… it’s helped carry me through this entire process. Montreat had a great impact on me and still does to this day.”


President’s Report 2014-15

Campus

Improvements Thanks to the generosity of its alumni, donors, and other partners, Montreat College has completed a number of campus improvements on its Montreat and Black Mountain campuses in recent months.

ATHLETIC COMPLEX

On April 8, 2015, Montreat College announced plans for a $2 million athletic complex on its Black Mountain campus. The complex features an all-new Howard Fisher Memorial Field with a state-of-theart “replicated grass” turf athletic field. The field was completed in time for use during the fall 2015 soccer season. Completion of the full complex is scheduled for spring 2016 and will also include an eight-lane running track, an all-new Roxy Hines Softball Field, two parking lots, and an ADA-compliant restroom building. Two donors provided full funding for the project. The anonymous donor who gave the record-breaking $6 million gift in March of 2014 generously provided an additional $1.25 million for this project. Alumnus Rusty Pulliam ’78 committed an additional $750,000, one of the largest alumni gifts in the history of the college. The stadium,

which contains the athletic field and running track, has been named Pulliam Stadium in his honor. “This new athletic complex is a tangible sign of the forward momentum the college has been experiencing over the past year,” said President Maurer at the groundbreaking. “And it will be transformational for our entire athletic program. It will allow the college to recruit a full roster for the track and field program, as well as fully subscribe men’s and women’s lacrosse.” Altogether, the athletic complex will impact nine of Montreat’s 17 varsity athletic teams: men’s and women’s soccer, men’s and women’s lacrosse, men’s and women’s track and field, men’s and women’s cross country, and women’s softball.


MCALISTER FITNESS CENTER

On October 3, 2015, Montreat College celebrated the opening of the newlyrenovated McAlister Fitness Center as part of its Homecoming & Family Weekend festivities. The expanded fitness center features new flooring, windows, and walls, as well as all-new fitness equipment, including six treadmills, two ellipticals, five stationary bikes, ten new strength stations, all-new free weights, plus additional accessories. The renovation was made possible by the gifts of generous donors and proceeds from the Bob Watt Memorial Golf Tournament.

“LOU’S LAB” BLACK BOX THEATRE

On November 11, 2015, Montreat College held a dedication ceremony for “Lou’s Lab,” a new Black Box Theatre located on the first floor of the Belk Student Center. The theatre was fully funded by an anonymous donor and named in honor of Louan Gideon, a great friend and supporter of the Montreat College Theatre Program. The theatre features state-of-the-art equipment, LED lighting, and sound, and will create a space for theatre students to rehearse and perform.

HOWERTON DINING HALL

When students returned to the Montreat campus for the fall 2015 semester, they were greeted by a renovated dining hall. Howerton Dining Hall features a completely new service area which provides increased menu options for students. The renovation also included a re-designed beverage area, dessert area, a re-designed dish return area, new paint, and new tile flooring.


President’s Report 2014-15

A New

Leadership Team Montreat College added five new cabinet members in 2014-15. Called to Montreat College from all across the country, together they comprise an impressive executive team poised to lead the college into its second century.

KRISTIN JANES Vice President for Enrollment Management Start date: March 24, 2015 Came to Montreat from: University of Northwestern, St. Paul, Minnesota

GREG KERR Vice President for Academic Affairs and Dean of the College Start date: July 1, 2015 Came to Montreat from: Sterling College, Sterling, Kansas

SUSAN DEWOODY Vice President and Dean for Adult and Graduate Studies Start date: June 1, 2015 Came to Montreat from: John Brown University, Siloam Springs, Arkansas

JACK HEINEN Vice President for Finance and Administration Start date: October 22, 2014 Came to Montreat from: Grand Valley Health Corporation, Grand Rapids, Michigan

Montreat, NC

ALEX MILLER Vice President for Advancement Start date: March 23, 2015 Came to Montreat from: North Greenville University, Greenville, South Carolina


College News Montreat College inaugurated Dr. Paul J. Maurer as its eighth president on October 3, 2014. Maurer had been on the job since July 21. The ceremony took place in Anderson Auditorium and was attended by Montreat students, faculty, staff, alumni, past Montreat presidents, and many members of the community. It was followed by a Community Luncheon on the Moore Field lawn. As part of its Inauguration Week schedule of events, Montreat hosted an Academic Forum featuring Wake Forest University President Dr. Nathan O. Hatch and North Carolina Independent Colleges and Universities President Dr. A. Hope Williams. The forum was moderated by President Maurer and included a Q&A session during which members of the audience submitted questions to the panelists. As part of its ongoing commitment to preparing students for calling and career, Montreat College hosted its first annual Calling & Career Week: A Symposium on Work and Vocation on November 3-5, 2014. The four main sessions featured an impressive array of Christian thinkers on the topic of calling and career: Tom Nelson, author of Work Matters: Connecting Sunday Worship to Monday Work; Steve Garber, author of Visions of Vocation: Common Grace for the Common Good; Don Opitz, author of The Outrageous Idea of Academic Faithfulness; and Byron Borger, owner of Hearts & Minds Books. Roughly 50 additional workshops featured an equally impressive collection of leaders in their fields, from film to politics, business to education, technology to music. Numerous sessions were led by Montreat professors, while guest speakers included Ann Ashley, vice president for staffing and professional development at The Biltmore Company; John Dyer, author of From the Garden to the City: the Redeeming and Corrupting Power of Technology; and Guillermo Navarro, founder of the School of Digital Filmmaking at the University of the Nations. At the invitation of Montreat College Trustee and Billy Graham Evangelistic Association (BGEA) Vice President Will Graham, President Maurer accompanied a group from the BGEA on weeklong trip to China in late February 2015. Graham led four evangelistic “celebrations” in the Chinese cities of Huia’an and Wuxi, at which hundreds of people gave their lives to Christ. The team also had the opportunity to visit the hospital which Graham’s grandfather L. Nelson Bell (for whom the Montreat College library is named) ran for 24 years. Both Bell and his daughter Ruth Bell Graham— who spent her first 17 years in China before meeting and marrying Billy Graham—remain well-loved and remembered in China. At the conclusion of the BGEA tour, President Maurer was joined by Vice President for Student Services Daniel Bennett, and the two remained in China for an additional week, building relationships and learning

about recruitment opportunities for the college. Enrolling students from China would allow Montreat to both serve the church in China and help further internationalize the Montreat campus. Montreat College’s cyber defense team advanced to the Southeast regional finals of the National Collegiate Cyber Defense Competition. In March 2015, 32 teams from throughout the Southeast competed for eight slots in the regional finals. Montreat was one of the eight teams to advance, outpacing many teams from much larger schools such as Clemson University, University of South Carolina, and Florida State University. Montreat placed sixth in the regional finals, which were held April 6-8 at Kennesaw State University. Montreat welcomed Christian apologist Sean McDowell to speak as part of the Calvin Thielman Lecture Series on April 12 and 13, 2015. McDowell is an assistant professor in the Christian Apologetics program at Biola University. He is also the author, co-author, or editor of over fifteen books. He has also written multiple books with his father, Josh McDowell, including The Unshakable Truth and More Than a Carpenter. On April 26, 2015, the college hosted its annual Pops Concert in Anderson Auditorium. This year’s event featured primarily patriotic music from the worlds of film, television, Broadway, operetta, bluegrass, big band, and even Beethoven. The highlight was an appearance by Montreat College history professor and New York Times best-selling author William Forstchen narrating Aaron Copland’s “Lincoln Portrait.” Montreat College advanced to the 2015 Blue Ridge Outdoors magazine “Top Adventure College” tournament finals before finally being ousted by Western Carolina University. The 2nd place finish was impressive for Montreat. Thirty-two colleges and universities from across the Southeast and Mid-Atlantic were selected to compete according to their outdoor clubs and curricula, their commitment to outdoor and environmental initiatives, the quality of their outdoor athletes and programs, and their opportunities for adventure.


President’s Report 2014-15

A Look At

The Numbers

42 1 14 42 +

Total 2014-15 Revenue

Total Expenses

26%

14%

43%

Aux Enterprises

Tuition & Fees

less than 1% Investment & Other

42%

25%

$8,372,753 $8,208,499* $2,733,480 $204,244 $94,819

Total Revenue

$19,613,795

*Total gift income was $9.1 million including irrevocable trusts received by outside foundations and held for the benefit of Montreat College.

Aux Enterprises

less than 1%

26%

Government Grants

Tuition & Fees Private Gifts & Grants Aux Enterprises Govt Grants Investment & Other

14%

Institutional Support

less than 1%

Private Gifts & Grants

Instructional

Public Service

Student Services

9%

Academic

Instructional Student services Institutional support Aux enterprises Academic support Public service

$4,829,482 Support $4,739,872 $4,625,929 $2,518,031 $1,602,912 $61,032

Total Expenses

$18,377,258

Total Donors

Total Giving $9,000,000

1,500

$8,000,000

1,300

$7,000,000 $6,000,000

1,100

$5,000,000

900

$4,000,000 $3,000,000

700

$2,000,000 500

$1,000,000

0

0 FY11

FY12

FY13

FY14

FY11

FY15

Alumni Donors

FY13

FY14

FY15

Alumni Giving $800,000

600

$700,000

500

$600,000

400

$500,000

300

$400,000 $300,000

200

$200,000

100 0

FY12

$100,000 0 FY11

FY12

FY13

FY14

FY15

FY11

FY12

FY13

FY14

FY15


Our

Enrollment Fall 2015 Enrollment

724 Undergraduate

Total Enrollment 900

200

800

Graduate

700 600 500 400

461 School of Arts & Sciences

463

300 200

School of Adult & Graduate Studies

100 0 Fall 11

Fall 12

Fall 13

School of Arts & Sciences

Fall 14

Fall 15

School of Adult & Graduate Studies

Our Academics in 2014-15

2

out of every

10

STUDENTS ARE FIRST GENERATION COLLEGE STUDENTS

44

ACADEMIC PROGRAMS

82%

OF FULL-TIME FACULTY HOLD TERMINAL DEGREES IN THEIR FIELD

12:1

STUDENT-TOFACULTY RATIO

Our Athletics

17

NAIA VARSITY ATHLETIC TEAMS

33

ALL-ACADEMIC ATHLETES 2014-15

11

NAIA ACADEMIC ALL-AMERICANS 2014-15

29

CONFERENCE CHAMPIONSHIPS SINCE 1996


NONPROFIT ORGANIZATION U.S. POSTAGE

PAID

Montreat, NC Permit No. 5

PO Box 1267 Montreat, NC 28757

Board of

President’s

Mr. W. Allen Bell Dr. David Bruce Dr. William E. Dudley Ms. H. Claire Efird Rev. William F. Graham IV Dr. Polly C. Haigler Mr. William B. Haynes, Chairman Pastor George K. Logan Mr. Richard Moffatt III Mr. Justin P. Ramb Mrs. Dale G. Reid Mr. Harold Benjamin Scott, Jr. Mrs. Dayle L. Seneff Mrs. Suzanne R. Sloan Mr. Marcus F. Snoddy, Jr.

Paul J. Maurer, Ph.D. President

Trustees

Cabinet

Daniel Bennett, Ph.D. Vice President for Student Services Susan DeWoody, M.S. Vice President and Dean for Adult and Graduate Studies Jack Heinen, M.B.A. Vice President for Finance and Administration Kristin Janes, M.A. Vice President for Enrollment Management Greg Kerr, Ph.D. Vice President for Academic Affairs and Dean of the College Joe B. Kirkland, III, M.A. Counselor to the President Alex Miller, M.A. Vice President for Advancement

montreat.edu

2014-15 President's Report  
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