2016 President's Report - page 26-27

Clarkson University
27
26
President’s Report
Clarkson University Financial Report
Balance Sheet as of June 30
2016
2015
Assets
Cash and equivalents
$12,289,815
$6,852,723
Accounts receivable, net
6,381,488
9,813,042
Pledges receivable, net
2,475,782
4,004,875
Investments
162,966,120
169,350,583
Notes receivable — students, net
8,543,202
8,204,948
Other assets
4,626,310
5,034,772
Property and equipment, net
194,418,491
186,809,941
Total Assets
$391,701,208
$390,070,884
Liabilities
Accounts payable/accrued expenses
$15,712,484
$14,425,283
Other liabilities
38,121,375
35,707,884
Outstanding debt
66,649,200
62,686,395
Total Liabilities
$120,483,059
$112,819,562
Net Assets
Unrestricted
$116,120,110
$121,413,445
Temporarily restricted
31,832,795
36,924,515
Permanently restricted
123,265,244
118,913,362
TOTAL NET ASSETS
$271,218,149
$277,251,322
TOTAL LIABILITIES AND NET ASSETS $391,701,208
$390,070,884
Publisher and
Vice President for
External Relations
Kelly O. Chezum
Editor
Suzanne F. Smith
POSTMASTER: Send address changes to Development Operations, Clarkson University, Box 5510, 8 Clarkson Avenue, Potsdam, NY 13699
email:
EQUAL OPPORTUNITY POLICY
Clarkson University does not discriminate on the basis of race, gender, color, creed, religion, national origin, age, disability, sexual orientation, veteran or marital
status in provision of educational opportunity or employment opportunities. This policy prohibiting discrimination on the basis of sexual orientation does not apply to
the University’s relationships with outside organizations, including the federal government, the military, ROTC, and private employers. Clarkson University does not
discriminate on the basis of sex or disability in its educational programs and activities, pursuant to the requirements of Title IX of the Educational Amendments of 1972,
and Section 504 of the Rehabilitation Act of 1973, and the American Disabilities Act of 1990, respectively.
Associate Director of
Publications and
University Designer
Renée Holsen
Editorial Contributors
Jonathan Brown
Michael P. Griffin ’00
Annie Harrison
Connie Jenkins
Clarkson
VolumeMMXVII
Number 1
March 2017
Printed in USA
Marketing &
External Relations
315-268-4483
A greener choice.
Terry Platz
Claire Sykes
Shelia Yong
Photography
Mark Kurtz
Christopher Lenney
Amanda Morrison
Ting-Li Wang
CLARKSON is published
three times per year
by Clarkson University,
Potsdam, NY 13699:
circulation 38,300.
The President’s Report issue is sent annually to international colleagues in higher education, alumni and other friends of the institution.
Liabilities and Net Assets
Reh Challenge
The Reh Challenge has been a tremendous success. An incentive to encourage
giving back consistently, David ’62 and Sue Reh support Clarkson University with
an additional gift for every donor who pledges to give for four straight years to the
University on a credit card. The results have been outstanding.
FY14 – 6,166 overall Donors, before the Reh Challenge
FY15 – 6,867 overall Donors, 2,237 Reh Challenge Donors
FY16 – 7,050 overall Donors, 3,644 Reh Challenge Donors
Starting in FY15, the Reh Challenge has helped increase our yearly donors by
nearly 15%. Additionally, over half of our donors are now committed to giving
to Clarkson for the next four years which allows the University to focus more
on sharing news of the great work being done by its students and faculty while
spending less time soliciting for gifts.
Visit
clarkson.edu/rehchallenge
to take the challenge today!
Save The Date:
Saturday, April 22, 2017
Clarkson Serves is a nationwide, one-day event held each year around Earth Day. It is an opportunity for
students, alumni and friends from over 30 locations across the country to participate in community service
projects and demonstrate our Clarkson Values.
If you are interested in participating this year, please email Gabriela Meza ’13 MBA in the alumni office
at
.
Development and Alumni Relations
Knight Class
The Alumni Relations rolled out Knight Class for
its first group of students and it was a great success.
A concept created to provide alumni an opportunity
to share advice with students about skills needed
outside of the classroom that are vital to success in
a professional environment. With over 200 students
participating in topics ranging from Workplace Attire
to How to Run an Effective Meeting, we are excited
to continue using Knight Class as a way to prepare
our students for their professional lives and re-engage
alumni in a meaningful way. If you are interested in
participating in a Knight Class session as a presenter,
please contact the Alumni Relations Office at
.
Boston Hawaii Capital Region
New York
Sue and Dave Reh ’62
I...,6-7,8-9,10-11,12-13,14-15,16-17,18-19,20-21,22-23,24-25 28-29,30
Powered by FlippingBook