Fall 2007 - Northwestern College

Annual Report
Northwestern College I 2006-07
A
s I prepare to retire from the presidency of
Northwestern and look back on this last year—
and, indeed, the last seven—the words of the
apostle Paul to the church in Corinth come to mind: “I
always thank God for you because of his grace given
you in Christ Jesus. For in him you have been enriched
in every way …” (I Corinthians 1:4–5).
From our first days back on campus, Di and I have
felt honored to lead such a gifted and blessed group of
men and women—and that includes all of you alumni
and friends. Thank you for your faithful support of
Northwestern and for all you do each day to build God’s
kingdom. Our second tenure at Northwestern has
indeed been wonderful.
Fund raising 2006-07
July 1, 2006, to June 30, 2007
❋ Total giving was $4,111,313.
❋ The average alumni gift to the Northwestern Fund was $215, up
30% from 2005–06. (Nationally, the average alumni gift to private
liberal arts colleges was $466.)
❋ The % of Northwestern alumni giving to Northwestern was 26%.
(The national average for alumni giving to private liberal arts
colleges in 2006–07 was 25%.)
❋ The Tower Society included 177 members, eight of whom were
new; 60 members gave at the leadership level of $2,500 or more.
❋ The Heritage Society grew by 14 members to 598.
Your gift dollars
Did you know that without your annual gifts to the
Northwestern Fund, tuition at Northwestern College would
have to be $1,737 higher each year for every student? For
the year ending June 30, 2007, annual Northwestern Fund
gift income represented 11 percent of the total dollars
expended for educational and general purposes.
How does Northwestern
spend each $100 given?
Northwestern Fund (operating) 2005-06 2006-07
Alumni $438,547 $526,345
Friends $462,345 $395,545
Foundations/grants $107,839 $620,280
Corporations $138,997 $149,268
Churches $418,813 $375,303
Other $34,760 $34,467
Subtotal $1,601,301 $2,101,208
General
institutional
expenses
($12)
Physical plant
($8)
Instructional &
academic support
($33)
Capital and endowed gifts
(non-operating) 2005-06 2006-07
Alumni $241,660 $493,564
Friends $2,589,039 $543,232
Foundations/grants $33,500 $220,720
Corporations $31,231 $125,197
Churches $1,000 $1,000
Estates $1,619,593 $530,892
Other $41,200 $95,500
Subtotal $4,557,223 $2,010,105
Grand total $6,158,524 $4,111,313
Student services
& admissions
($14)
Financial aid
($33)
26 ▲ Fall 2007