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years of chaos completed. 10 Annual Report 2014-2015

LIP SITY - Lipscomb University | A Private Christian ... lipscomb... · 2 Yes, the president warned me that the cover of this year’s annual report might be fairly attention grabbing

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years of chaos completed.10 Annual Report

2014-2015

LIPSCOMB UNIVERSITY2

1

My apologies to mathematicians reading this, but I am about to lay claim to a little chaos. And I do so with enthusiasm.

A STORY OF CHAOS.

I’m referring to Chaos Theory, a field in mathematics (and applied in several fields of study) that focuses on the behavior of dynamic systems that are highly sensitive to initial conditions. Sometimes called the “Butterfly Effect,” a high-level description might be that small differences in initial conditions of a string of events will produce wildly varying outcomes down the line.

Or as my mother would say, “Be careful. One thing leads to another.” She would not be far from understanding Chaos Theory.

Or as David Lipscomb would certainly understand if he were walking his farm today observing the outcomes of that first class meeting held Oct. 5 almost 125 years ago.

This year marks the completion of the tenth year of my presidency at this university. While this is, of course, a treasured personal milestone, it is also one shared with very few Lipscomb presidents since 1891; only three others have served 10 years or more.

As I reflect on the university’s and the academy’s last decade, I am struck with the simple, unerring truth that big things start with small acts that typically lead to something much better and broader.

So it has been in these last 10 years. However, this is not the place to review that decade of growth. We will be doing that through other forums. This is the place to see how the small steps made 10 years ago have blossomed into impact in our 2014-2015

year, on several fronts and at a level that can only be attributed to an accomplished and hard-working educational community that has continually sought God’s purpose and blessing for its work. In Scripture, “Chaos Theory” is the effect commanded of us in the Parable of the Sower—the blessed outcome being much larger than the trigger event.

At Lipscomb, we call it “impact.” It is our intention that what we set into motion each day will create impact that is exponentially more powerful than the decisions and activities that launched it. We repeatedly see that one hour spent teaching one student who one day will use one of the skills learned will impact many, many others.

In the pages that follow, you will see how the university’s and the academy’s impact grew internationally, nationally and locally in our community during the past year. You will see it in the effect of our thought leadership. You will see it in the bricks and mortar that document our growth.

You will see a university that continues to joyfully put into motion the small things that chaotically, scripturally and educationally create lasting impact beyond our campus and our 124 years…that serves the good of humanity to the glory of God in a needy world.

L. Randolph Lowry, president Lipscomb University Lipscomb Academy

2

Yes, the president warned me that the cover of this year’s annual report might be fairly attention grabbing. And he was right.

JOIN THE CHAOS.

But he is right, too, that the work done at this university is having eternal impact.

This year, I completed my third year as chairman of the Lipscomb board and eighth year as a member of that body.

I’m not going to tell you that it has been a privilege, because that would be unfairly understating the experience. I believe I represent our entire board when I say that as we sit in the meetings, observe the data and make decisions, we are humbly and repeatedly made aware of the impact of this university’s work.

This past year continued to present new challenges: Enrollment in universities nationwide is dropping. Some of our sister universities of faith are fighting just to keep the doors open. The cost of providing a powerful education is rising as the national conversation is asking those in higher education to lower costs that are already tightly squeezed. Our commitment to the Lord and the open practice of our faith continues to narrow the number and types of grants and contracts we can apply for to underwrite costs and keep tuition down. Faith-based universities are dealing with rapid and paradigm-shifting cultural change in sexual behavior, in drug and alcohol tolerance, in spiritual formation, in

consumerism, in character development—all issues that we simply never thought would be a part of America’s cultural landscape just a few years ago.

So the task is not easy. But I think you will see that in 2014-2015, our task continued to generate high-impact results.

As the board chair, I am of the university and academy, but I stand outside them. And in that role as a very biased third party, I urge you to be a part of what is happening here. Certainly Lipscomb will not always get it right; no human organization or even congregation of the Lord’s people does. But I can assure you hearts here are in the right place and commitment to Jesus Christ is right in the middle of all that is done.

Be a part of creating impact through prayer, through your gifts, through your support of Christian education in your conversation and walk. You will then be part of something now that will have larger impact down the road and into eternity.

David Scobey, chair Lipscomb Board of Trustees

2014-2015 ANNUAL REPORT 3

2014-2015 ANNUAL REPORT 5

01INTERNATIONAL

IMPACT

LIPSCOMB UNIVERSITY

In 2014-2015, Lipscomb University continued to have impact in terms of its presence across borders and around the world as well as the continued development of global perspective in the Lipscomb classroom.

The world comes to campus.Scarcely a month passed in the last academic year when the campus was not welcoming guests of international stature to campus to share their insight with our students. Some highlights:

Internationally respected negotiator, former hostage and man of peace Sir Terry Waite was named scholar-in-

residence for the Institute for Conflict Management for 2013-2014 and returned to campus this past year to participate in the institute’s annual Southeastern Conference on Conflict Management. In 1987, while negotiating the release of hostages in Beirut, Waite was himself taken hostage. In captivity for 1,763 days (four years of which were in solitary confinement), he was released from captivity in November 1991. In December 2012, he returned to Beirut to observe Christian refugees flooding across the Syrian/Lebanese border to escape the violence resulting from what has become known as “Arab Spring.” He also went back to confront his captors with a message of reconciliation. He continues to be involved in reconciliation work.

As part of that conference and the Don R. Elliott Distinguished Presidential Lectures, Anders Fogh Rasmussen came to campus for a day. Rasmussen is former Secretary General of NATO, Prime Minister of Denmark, Danish Minister of Economic Affairs and a leading Danish parliamentarian. He shared significant insight into international threads and shifts in today’s global community, both economic and political.

Mike Wells, incoming president and CEO of Prudential plc and Barry Stowe, Lipscomb alumnus and most recently CEO of Prudential Corporation Asia came to campus to celebrate the opening of a new facility for the new College of Computing & Technology. This marks one of several times these business leaders have shared their global business perspectives with our students.

A common, and possibly way too common, illustration of Chaos Theory is that the level of intensity of a storm in Texas is set weeks and days before by the direction a butterfly flaps its wings in Africa.

INTERNATIONAL IMPACTINTERNATIONAL IMPACT

6

2014-2015 ANNUAL REPORT

A sampling of other distinguished campus guests includes:

• Garry L. Landreth, founder of the Center for Play Therapy in Texas, hosted by the Department of Counseling, Psychology and Family Science, offered a unique opportunity for local counselors, social workers and mental health workers to learn firsthand from the premiere expert in a technique used by family therapists to enhance development and work through emotional issues in children.

• “Reliability Sherpa” Ramesh Galati, presently working at the U.S. Air Force’s Arnold Engineering Development Complex, shared his expertise in asset management with students and guests in the College of Engineering.

• A noted leader in the field of graphic design, American letterer, illustrator, and type designer Jessica Hische delivered the Presidential Art Lecture this past year.

• James McPherson, Pulitzer Prize-winning author and retired Princeton professor, participated in the university’s observance of the African-American role in the Battle of Nashville and the Civil War.

Former hostage negotiator Sir Terry Waite.

Lipscomb alumna Jean R. Anderson, M.D., professor of Gynecology and Obstetrics, Johns Hopkins.

Tennessee Govenor Bill Haslam

7

LIPSCOMB UNIVERSITY

Continually expanding boundaries.

While inviting others to campus, Lipscomb also took its boundaries well outside the city, state and nation.

During the last year, the university announced the addition of a global learning program in Florence, Italy, which will open in the fall of 2015 in a city whose citizens have included Michelangelo and Dante. A Pacific Rim program is in development. During 2015, the university’s Bath, England, program was moved to London in order to increase opportunities for students in history and literature among other areas of study. And in the oldest location among our global learning choices, Vienna, Austria, the university initiated a partnership with

Oklahoma Christian University to share basic costs and some faculty, freeing up more resources to build a more robust program for both institutions.

Lipscomb business students won the December 2014 Business Strategy Game’s Global Best-Strategy Invitational, which included competitors from schools as close as the University of Alabama to universities from Canada, Japan, Azerbaijan and Malaysia. The College of Business also graduated its first “Global Hope MBA” students who in return for this full-tuition, pledged to use their education to make a difference in their home country. Soa Razafimanjato, Helga Sierrra and Kevin Karingithi have already begun significant work in Madagascar, Honduras and Kenya, respectively, involving the creation of businesses, organizations

and processes to provide, for example, art instruction to children; literacy and computer skills to adults and business “incubator” programs that have already affected the success of several fledgling business. The impact pays forward.

The academy’s student body is becoming more international with 14 nations represented.

Humanitarian efforts central.

Finally, the largest example of a Lipscomb education’s impact on the international level would have to be in the mission outreaches that occurred during the year:

• Through the Missions Department, more than 840 students, faculty, staff

INTERNATIONAL IMPACT

8

2014-2015 ANNUAL REPORT

and friends traveled to 42 locations in 23 countries and seven U.S. cities to share their spiritual commitment.

• The Raymond B. Jones College of Engineering sponsored a significant hands-on teaching tool that is improving the lives of hundreds in Central America. Students designed and built a critically needed 104-foot bridge on the campus lawn, disassembled it and took it to Honduras to erect it into place.

• The School of Nursing, this year graduating its largest class in its history, sponsored a medical mission trip to Malawi, Africa, to provide assistance to a local hospital and mobile medical clinics.

• More than 100 of the university’s NCAA Division 1 student athletes put their faith into action off the competitive field in several locations including the Dominican Republic, Honduras and El Salvador.

9

LIPSCOMB UNIVERSITY10

2014-2015 ANNUAL REPORT 11

02NATIONAL

IMPACT

LIPSCOMB UNIVERSITY

The National Council on Teacher Quality named the university’s College of Education as the top institution for secondary teacher preparation in the nation, the second year that organization has named Lipscomb to a top ranking. As further testimony to the college’s talent, its dean, Candice McQueen, was tapped by Tennessee’s governor to join his cabinet as commissioner of education.

The College of Professional Studies and the Nelson & Sue Andrews Institute for Civic Leadership received significant attention from the Bill & Melinda Gates Foundation, the latter receiving a major grant to expand its highly successful Leadership Tennessee program.

The College of Bible & Ministry’s Institute for Christian Spirituality sponsored several key programs with nationally renowned speakers. Its annual Nurture Conference was keynoted by author and minister John Ortberg, and its youth ministry

conference attracted more than 150 youth leaders from 18 states specifically to discuss and share issues concerning same-sex attraction, led in thought by author and researcher Mark Yarhouse, author of “Understanding Sexual Identity: A Resource for Youth Ministry.”

Life-saving research.

During 2014-2015, the university was awarded a $660,000 National Institutes of Health research grant, the first NIH grant in the university’s history. The grant underwrites the cancer research of Dr. Klarissa Hardy, assistant professor of pharmaceutical sciences. Her work is focused on discovering factors that contribute to a patient’s risk of developing a toxic reaction to a drug commonly used to treat cancer.

Also working on subcontracts to NIH grants are Drs. Chad Gentry and Nate Daniels, both assistant professors of

pharmaceutical sciences. Their work is dedicated to making progress in medications and methods used to treat diabetes and syndromic obesity or cancer cachexia, respectively. The college’s pharmacy students also earned finalist honors in the annual National Student Pharmacist’s Pharmacy and Therapeutic Competition along with institutions such as Purdue, Rutgers, the University of California at San Diego, the University of California at San Francisco and the University of Minnesota.

In the College of Liberal Arts & Sciences, Beth Conway, associate professor of biology, published groundbreaking research on breast cancer in her partnership with Johns Hopkins University. In the School of Nursing, Roletha Pillow, assistant professor of nursing, was awarded a March of Dimes grant for research involving the attitudes and behaviors of high-risk individuals on birth outcomes.

New College of Entertainment & the Arts

Formed last fall, this new college hosted two national movie events on campus for productions in which the college’s students and faculty played prominent roles. A sneak preview of “Old Fashioned,” produced by faculty member and seasoned movie producer Dave Deborde, was screened on campus over the winter, and “The Secret Handshake,” featuring Amy Grant and Kevin Sorbo, was premiered on campus in May. The college also brought Christian producers of the New Testament themed “A.D.”

The university’s national reach also grew broader in the 2014-2015 academic year with “salt and light” having its quiet yet powerful influence on our culture and in the Church.

NATIONAL IMPACT

John Ortberg, author and minister12

2014-2015 ANNUAL REPORT

television series that premiered on Easter Sunday —Mark Burnett and his wife actress Roma Downey of “Touched by an Angel” fame —to campus to share with students their perspective on the power of believer artists in today’s secular culture.

National rankings in athletics.

Lipscomb’s steady growth in its athletic program, since moving to the NCAA 14 years ago, began to earn more attention on the national stage beginning with winning Atlantic Sun (A-Sun) regular season or conference tournament championships in almost one-half of its competitive sports. Other national achievements this year include:

• Bill Taylor named coach of the year for

both men’s cross country (second year)

and women’s cross country coach of the

year (fourth year)

• Dawson Armstrong named A-Sun

Freshman of the Year and first Lipscomb

golfer to qualify for an NCAA golf regional

tournament

• Baseball team advanced to NCAA

regionals for second time in school history

• The volleyball team advanced to NCAA

regionals with the A-Sun’s first at-large bid

• Three athletes competed in NCAA

national finals in cross country and

outdoor track and field

But these remarkable achievements are made even more impressive by the fact that while achieving this level of competition, 85.9 percent of Lipscomb’s student athletes earned a 3.0 grade point average or higher during the year, and the Bisons repeated as A-Sun Conference academic champions.

Dr. Klarissa Hardy, assistant professor of pharmaceutical sciences

13

LIPSCOMB UNIVERSITY14

2014-2015 ANNUAL REPORT 15

03COMMUNITY

IMPACT

LIPSCOMB UNIVERSITY

Of course, the university’s annual service day and S.A.L.T. (Serving and Learning Together) programs provided several millions of hours to more than 60 community service organizations, providing several million dollars worth of much-needed service to the city. That program is now almost a decade old.

Community touchpoints increase.

This year also saw Lipscomb’s efforts in natural resource preservation, racial reconciliation, education support, teaching the arts and alternative educational options for special populations expand its influence in the community, especially in better quality of life in several areas:

Tim Johnson, author, professor of history, and university research professor in the Department of History and Political Science led a special observance of the 150th anniversary of the Civil War’s significant Battle of Nashville by coordinating a semester-long observance of the African-American role in the Civil War as well as the Battle of Nashville. Through Lipscomb’s community Lifelong Learning program, Johnson also brought Lyon Tyler of Franklin, Tenn., grandson of President John Tyler, who led the nation from 1841-1845, to share his knowledge of his presidential ancestor.

The Department of Psychology, Counseling and Family Science in the College of Liberal Arts & Sciences

opened a new mental health facility to the community. The Lipscomb Family Therapy Center is located on Granny White Pike on the far northeast corner of campus and offers mental health and relationship care for individuals, couples, and families in the area, on a sliding scale basis. The center is an investment in people, families and marriages that will have generational resonance.

Student pharmacists earned Metro Nashville Public School’s “Academy Partnership of the Year: Health & Public Service” for their work in teaching a pharmaceutical sciences course at Nashville’s John Overton High School, building interest and confidence in these young minds for a career in the health sciences.

Institutes collaborate.

The Institutes at Lipscomb Universityˆin conflict management, civic leadership and sustainable practice—led a collaborative semester-long discussion on water resources in Middle Tennessee. Bringing together local, regional and state experts who represent government, nonprofit and business entities that deal with the resource of water, the university played a key role in raising awareness around this issue in a community that is experiencing rapid growth and has suffered national-news-making loss of life, property and resources to flooding. The Institute for Conflict Management also was involved in a key discussion concerning charter school impact in the area that will assist those in leadership as

Middle Tennessee continued to feel the impact of our students’ educations during the year through programs, conversations of significance and new services offered to the community.

COMMUNITY IMPACT

Tim Johnson, Ph.D., author and professor of history16

2014-2015 ANNUAL REPORT 17

they make decisions concerning the city’s educational infrastructure.

The College of Education’s Ayers Institute for Teacher Learning & Innovation announced its Ayers Leadership Fellows program. A cohort of 15 students with promise to become educational leaders in the state will complete the Master of Education and Education Specialist degrees as well as a rigorous program of field experiences and direct mentoring

relationships with current educational leaders. Students will also be involved in instruction specifically designed to enhance research-based, best-practices leadership skills.

Academy earns national accolades.

Lipscomb Academy gained local and national attention for its education in ecological citizenship, especially this

year for the fourth-grade class’ discovery of an ecological issue in a stream that ran across the school’s property and on through the community. The stream had “died” due to an undiscovered water line leak that was pouring chlorinated water into the stream. The students analyzed the stream, identified the problem, had it corrected by the city, and now the stream is flowing clean and showing signs of new life beginning to flourish in it again.

LIPSCOMB UNIVERSITY18

2014-2015 ANNUAL REPORT 19

04LASTING IMPACT

THROUGH THOUGHT LEADERSHIP

LIPSCOMB UNIVERSITY

One of the most promising of these events, and one in which the university has earned national recognition for leadership over the past two years, is its competency-based program, housed in the College of Professional Studies. C.O.R.E. (Customized, Outcome-based, Relevant, Evaluation) measures a number of competencies, and depending on the level of proficiency demonstrated by an individual, college credits may be awarded. The concept of competency-based education is based, at its simplest level, on the idea that significant learning can take place outside the classroom, on the job for instance, and can be applied to a degree program. This saves time and cost for students, both important and much-discussed resources in higher education today.

National leadership role.

However, while most universities claim “competency-based” credits, most are simply resume reviews. Lipscomb has become a national leader in identifying competencies through a series of juried exercises and extending the program beyond identifying what an individual has accomplished to how much more they could accomplish through careful and guided development of key competencies. This takes competency-based education from simply an evaluation of present knowledge to the clear identification of strengths and gifts and guidance for how the individual can use those gifts to develop a more satisfying career over the longer term.

Well-known national foundations are noting Lipscomb’s ability and processes in this area. National leaders in the field are including the university’s thought leadership in this newly developing area of adult education. Employers are also noticing. Pilot programs with several leading national corporations headquartered in Middle Tennessee are working with Lipscomb’s College of Professional Studies to use the C.O.R.E. evaluation center to identify and match outstanding employees to skills the company needs.

Leadership in learning venues.

At Lipscomb’s “Spark” location in Williamson County, about 15 miles south of campus, a new “Accelerated Leadership Institute” was begun with the State of Tennessee Department of Human Resources, assisting them in identifying emerging leaders. Spark is home to five evening academic programs and is a high-tech meeting facility that hosts about 60 companies in almost 250 meetings a year.

Lipscomb Academy, in collaboration with the university, initiated a “Year of College” program that gives high school students the opportunity to earn, over the four high school years, up to one year of college credit by graduation. This program promises to have impact not only on the scholarship, vision and maturity of the participating students, but potentially will impact the cost of their college educations.

Clearly in 2014-2015, the university saw once again the fruit of decisions made years ago – the positive, impressive result of not so much random events, but carefully plotted events intended to have an outcome more in line with the dynamic of Chaos Theory: an initial event with unknown impact, the totality of which is not yet knowable.

LASTING IMPACT

20

2014-2015 ANNUAL REPORT 21

In 2015, Lipscomb became an “All Steinway School,” the 171st institution in the world to earn this designation, after purchasing the last of 22 Steinway grand pianos and uprights. This distinction not only is reflective of the quality of the program and the opportunity music students have to use one of the finest musical instruments made, but it will have impact on the university’s ability to recruit for its classical and contemporary music programs.

Leadership in teaching methods.

Leadership in education was also demonstrated this past year in the way the university is combining methodologies in program development, teaching methodology and experiential learning:

The College of Business, Nashville’s fastest-growing business school in the last decade, introduced a new Master of Management Early Career that combines innovative classroom learning with global components and a yearlong directed work experience through a local corporate placement that gives students immediate hands-on application of lessons as well as the value of mentorship in early career. Many in the initial cohort are now employed by their host companies.

In pharmaceutical sciences, the university introduced its first dual degree in pharmacy and management. The degree can be completed in less time and with less expense than taking the

programs consecutively. It is one of the few programs of its kind in the nation and is finding resonance among pharmacy students who want to be involved in management and/or have their own businesses. Also, pharmacy students now have access to a new sterile products laboratory that simulates the preparation of sterile products.

In the Raymond B. Jones College of Engineering, experiential learning and mentorship is at the center of the creation of an “engineering learning community” in which incoming freshmen and assigned upperclassmen live and study together to create a collegial but continually challenging learning environment.

Leadership in mission.

Finally, among the year’s carefully chosen events of future impact, are several things done in thought leadership in mission and

ministerial education. A missional entrepreneurship program was created in the College of Business to provide education, inspiration, experience and community for students who want to build their careers at the intersection of faith, business and culture —business as mission. The center is building programs that will leverage the power of commerce for the common good for others around the world.

Working through the generosity of a couple who wish to remain anonymous, the Harold Hazelip Graduate Bible Scholarship was established this year to specifically encourage the development of ministers in the Church of Christ. Honoring Hazelip, who was university president from 1986-1997, the scholarship is for encouraging ministerial students to imitate the gracious and powerful integration of scholarship, faith, leadership and service as modeled by Hazelip throughout his career.

LIPSCOMB UNIVERSITY22

2014-2015 ANNUAL REPORT 23

05CAMPUSGROWTH

LIPSCOMB UNIVERSITY

One of the most visible underpinnings of excellent educational preparation are the buildings and campus resources that support it.

So in reporting a university’s progress to its friends and supporters, something must be said about the essential bricks and mortar that house this impactful work. During 2014-2015, the campus continued to change and evolve:

The largest and most ambitious project of the year was the expansion of the almost 50-year-old McFarland Science Center. The almost $9 million project adds 24,000 square feet to the west side of the existing building.

An extremely complex building with highly specialized environments and equipment, it will open its doors later in 2015 to six new and specially equipped laboratories used by organic chemistry, biochemistry, microbiology and anatomy, and physiology. On average, almost 45 percent of Lipscomb’s incoming freshmen intend to major in the natural or health sciences—and the rest will access them as part of their general education science requirements —making the need for this facility, with its upgrades, essential.

Student experience continues to be a key driver in campus growth. During 2014-2015, an Au Bon Pain fast-casual

bakery and café concept was added to the university’s food and beverage offerings, in the Student Activities Center. Featuring an outdoor eating area, the restaurant has proven convenient and popular with both students and visitors in that area of campus.

New College of Computing & Technology.Last fall, the new College of Computing & Technology was formed, and a new and decidedly high-tech facility was completed on the ground floor of Swang to accommodate teaching and experiential learning in the college. The 7,000-square-foot office, classroom and computing facility benefitted from the corporate generosity of Jackson Life, Cigna HealthSpring and Peak 10. Featuring a data facility with storage capability of 50 terabytes, the new space accommodates student, faculty and industry collaboration through a flexible furniture and open classroom design; clusters of seating and power outlets with plenty of technical connectivity for group work; glass walls intended to serve as writing surfaces; a media lounge and a conference room designed as a community meeting space.

In a culture that is deeply driven by technology, the university’s information technology staff continued to update

The university’s mission is to graduate a student with an exceptional academic career who has been challenged and strengthened in faith and has a sense of their potential in their global, national and local community.

CAMPUS GROWTH

Renovation of High Rise men’s residence hall.24

2014-2015 ANNUAL REPORT 25

campus technology capability to keep abreast of the realities of progress in everything from delivering emails to more than 6,000 faculty, staff and students who access systems from around the world each day to highly sophisticated off-campus IT disaster recovery systems as back up to unanticipated catastrophic IT failure on campus. The department is led by a professional who was this year named one of Middle Tennessee’s most outstanding chief information officers.

Renovation of Swang Business Center lobby.

Mcfarland Science Center addition

New dining options available at Au Bon Pain inside the Student Activities Center.

LIPSCOMB UNIVERSITY26

Another piece of childhood advice: be prepared to finish what you start.

WHAT’S AHEAD IS, HOPEFULLY AND PRAYERFULLY, MORE CHAOS.

As it has done for years, the university started much this year. The surety and the mystery in Chaos Theory shows us that what is accomplished in the end is “highly sensitive to initial conditions.”

Which can arguably be called “stewardship,” that is, nurturing a beginning event so it grows well for the Kingdom.

The university’s impact – its end game – continues to be felt in large and small ways, down the street and globally around the world.

But in truth, there is never an end game to education. So we part with the finality of Chaos Theory because we know from decades of observation that the dynamism of Christian education continues to powerfully roll through the world.

In the thousands of Lipscomb students who every day influence children through their classroom teaching and their lives. It began here.

In the thousands of Lipscomb students who have graduated to become

essential members of the health care chain—physicians, nurses, pharmacists, dieticians and nutritionists—saving lives and making lives better. It began here.

In the thousands of Lipscomb business men and women who create products and services in an ethical business environment that is good for profits but also good for people and the planet. It began here.

In the thousands of Lipscomb creative people who write, paint, perform, design and in many other ways provide the food of art for insight and refreshment. It began here.

For the thousands of Lipscomb ministers and Bible teachers in pulpits, leading youth, building adult and children’s ministries, developing strategies for spiritual formation, developing new and better ways to help people in need. It began here.

So much is beginning here. We invite you to begin something with us, knowing that its impact will reach far beyond your lifetime.

2014-2015 ANNUAL REPORT 27

LIPSCOMB UNIVERSITY28

2014-2015 ANNUAL REPORT 29

FACTS & FINANCIALS

LIPSCOMB UNIVERSITY30

FINANCIALSLipscomb University Enrollment

2,322

2,0992,0662,166

2,459

2,124

2,482

2,231

2,544 2,630 2,769

841

284220232

1,064

390

1,371

645

1,497 1,578 1,521

3,163 total

2,383 total 2,286 total 2,348 total

3,523 total

2,514 total

3,853 total

2,876 total

4,041 total 4,208 total 4,209 total

2010 2011 201220092008200720062005 2013 2014 2015

Undergraduate Graduate

Lipscomb Academy Enrollment

Elementary School Middle School High School

528

374

421

2012

1,323 total

520

386

464

2008

1,370 total

522

375

468

2007

1,365 total

526

412

471

2006

1,409 total

425

503

2005

1,457 total

514

341

448

2013

1,304 total

538

418

430

2009

1,386 total

509

335

421

2015

1,265 total

523

375

417

2011

1,315 total

524

376

418

2014

1,318 total

515

374

418

2010

1,307 total

529

2014-2015 ANNUAL REPORT 31

Lipscomb University Total Fundraising Dollars

(Includes Gifts, Pledges & Expectancies)

201120062005

$9.5$7.65

20122007

$32.24

Includes several lead gifts for including a

historic one-time gift of

$10 million.

$9.09

2008

$20.36$16.22

20142009

$12.47$14.92 $13.21$9.72

20152010

Lipscomb University Academic Support

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

Full-time Employees 159 175 177 209 227 243 277 321 388 366 Instruction/Academic/Research

Full-time Employees 74 78 81 88 92 108 115 114 118 127 Student Support

Full-time Employees 165 183 189 205 217 227 237 232 240 256 Institutional Support

Percentage full-time 89.7% 84% 80.7% 85.5% 88.9% 81.6% 84.4% 84.7% 83.8% 84.3% faculty with highest terminal degree

Student/faculty ratio 16 to 1 15 to 1 15 to 1 16 to 1 15 to 1 15 to 1 13 to 1 12 to 1 12 to 1 12 to 1 full-time equivalent studentsdivided by full-time equivalent faculty

From data gathered in the fall of each academic year.

LIPSCOMB UNIVERSITY32

Investments vs. Notes & Bonds Payable (as of may 2015)

$71 $72

2011

$82

$50

2011

$80

$48

2011

$70 $74

2012

$112

$73

2012

$74 $73

2013

$99$82

2013

$87$72

2015

$64$75

2015

$81$72

2014

$61$80

2014

(In Millions) Investments Notes & Bonds Payable

Net Tuition Revenue (as of may 2015)

Net tuition revenue is gross tuition revenue less financial aid

2011

$71m

2005

$33m

2012

$80m

2006

$34m

2013

$85m

2007

$37m

2014

$89m

2008

$42m

2015

$92m

2009

$50m

2010

$60m

2014-2015 ANNUAL REPORT 33

James C. AllenInvestment Director, Meritage Private Equity Fund

J. Addison BarryAttorney, Law Off ice of James Addison Barry, Jr.

Robert A. BrackettOwner, Edge Information Services

General John BradleyLt. General, USAF, Retired

Lori Sutton BridgesCommunity Volunteer

Jerry CoverBusiness/Investor

Richard G. CowartAttorney, Baker, Donelson, Bearman, Caldwell & Berkowitz

Robbie B. DavisCommunity Volunteer

Sallie DeanCertif ied Public Accountant

Stanley M. EzellRetired, President, Purity Dairies

James GriffithRetired, CEO, Timken Company

Pete T. GunnMorgan, Trevathan & Gunn, Inc.

J. Gregory HardemanAttorney, Hardeman & Montgomery Premier Escrow, LLC

Bart HarperVice President, Data Supplies, Inc.

William R. Huston CFO, Texas Scottish Rite Hospital for Children

Marty KittrellCFO and Executive Vice President, Dresser, Inc.

John LittlePediatric Otolaryngologist

Billy LongRetired Physician

Randy LowryPresident, Lipscomb University

J.W. Pitts Jr.Physician, President and CEO, Acipco Medical Group

David ScobeyRetired, President and CEO of AT&T Southeastern Region

Harriette H. ShiversAttorney, Retired

Kenneth (Ken) ShumardShumard Foundation Inc.

Cicely SimpsonVice-President, Government Affairs, Dunkin’ Brands

Douglas SmithInvestment Management

David L. SolomonFounder and Managing Director, Meritage Private Equity Fund

Neika B. StephensStephens Christian Trust

Tim S. ThomasPresident, Thomas Lumber Company

William ThomasExecutive Director - Commercial Sales and Marketing, Bridgestone/Firestone Latin America

Robert E. WoodAttorney, Bradley Arant Boult Cummings LLP

Mark H. YokleyG.W. Jones & Sons Consulting Engineers, Inc.

Board of Trustees

LIPSCOMB UNIVERSITY34

—At Lipscomb University,We believe that as knowledge grows

in use, it also grows in value.

With the lessons of our classrooms,

we work in the world.

With the certainty of our faith,

we serve the good of all.

With the experiences of our past,we plan for the future.

We believe that when you know your gifts, your God, and your direction, you confidently welcome what comes next.

2014-2015 ANNUAL REPORT 35

Take five minutes to see where 124 years have brought us.

as much for its quality as its generosity and service.A community recognized

HistoryFounded in 1891 by David Lipscomb and James A. Harding as Nashville Bible School, Lipscomb University is affiliated with the Churches of Christ.

LocationThe residential campus is located in the Green Hills area of Nashville, Tenn. There are three satellite program opportunities (Murfreesboro, Cool Springs, Sumner County).

Who We AreLipscomb University is a Christian institution that is joyfully and energetically committed to creating students whose academic excellence, faith and practice, and community service reflect our ideals of global citizenship. We believe that knowing what grows us is also what grounds us.

AthleticsLipscomb’s men’s and women’s sports teams compete in NCAA’s Division I, Atlantic Sun Conference, which includes universities from Tennessee, South Carolina, Georgia, Kentucky, New Jersey and Florida.

Awards & Recognitions• Ranked among the top 20 regional master’s universities in the

South, according to the U.S. News and World Report’s “2015 America’s Best Colleges” guidebook.

• Named U.S. News as one of eight up-and-coming universities in the South, and the second-best regional university in the South for veterans.

• The College of Education’s secondary teacher preparation program was named No. 1 in the nation in the 2014 National Council on Teacher Quality’s Teacher Prep Review. The college’s graduate elementary grades program was ranked No. 14, and both programs combined were ranked No. 1 in the South.

• Named to the Kiplinger Personal Finance list of 100 Best Values in Private Universities for 2015

• Included among the 361 universities in the nation to achieve the Carnegie Foundation for the Advancement of Teaching Community Engagement Classification.

• The Lipscomb Bisons were named the 2014-15 Atlantic Sun Conference Academic Champions with 85.9 percent of the student athletes on campus posting a 3.0 grade point average or better.

• Selected as one of the country’s most environmentally responsible colleges to be included in the 2014 “The Princeton Review’s Guide to 322 Green Colleges.”

• Lipscomb Academy elementary school was named the 2015 National Primary School of the Year by the U.S. Department of Energy’s NEED Program.

• Lipscomb has been listed as one of G.I. Job’s Military Friendly Schools for six straight years and one of Military Times’ Top 25 Best for Vets Business Schools in 2013.

• The School of Music became the 171st institution in the world to achieve the All-Steinway School designation by using all Steinway pianos throughout the school.

LIPSCOMB UNIVERSITY36

propel students’ imaginations as well as their careers.

Programs that

College of Bible & MinistryCollege of Business College of Computing & TechnologyCollege of Education College of Entertainment & the ArtsRaymond B. Jones College of EngineeringCollege of Leadership & Public Service College of Liberal Arts & SciencesCollege of Pharmacy & Health SciencesCollege of Professional Studies

Ayers Institute for Teacher Learning & InnovationDean Institute for Corporate Governance & IntegrityInstitute for Christian SpiritualityInstitute for Conflict ManagementInstitute for Law, Justice & SocietyInstitute for Sustainable PracticeNelson & Sue Andrews Institute for Civic Leadership

Colleges

Colleges, Institutes & Programs:

Institutes

Adult Degree ProgramChristian Scholars ConferenceEAP (English for Academic Programs)Global Learning (Study Abroad)Honors CollegeIDEAL program (Igniting the Dream of Education and

Access at Lipscomb)Leadership TennesseeLifelong Learning Lipscomb Initiative for Education (LIFE) at Tennessee

Prison for WomenMissions with more than 70 trips annuallyPreaching WorkshopSALT (Serving & Learning Together) requiring a service-

learning project for graduationSummer & WintermesterSummer ScholarsTeach for AmericaThree-Year Degree OptionYellow Ribbon Program for Veterans

School of Art & DesignSchool of Communication and Social SciencesSchool of Health SciencesSchool of HumanitiesSchool of MusicSchool of Natural Sciences and MathematicsSchool of NursingSchool of Public PolicySchool of Theatre & Cinematic ArtsHazelip School of Theology

Special Programs &

Partnerships

Schools

Accountancy [MAcc]Aging Services Leadership [M.P.S.]Applied Behavioral Analysis [M.S.]Biomolecular Science [M.S.]Business Administration [MBA]Christian Ministry [MACM]Christian Practice [M.A.]Civic Leadership [M.A.]Clinical Mental Health Counseling [M.S.]Conflict Management [M.A.]Data Science [M.S.]Divinity [M.Div.]Education [M.Ed.]Education Specialist [Ed.S.] Engineering Management [M.S.] Exercise and Nutrition Science [M.S.]Film and Creative Media [M.A.]Dual MBA/MFA in Film and Creative MediaFine Arts [MFA]Health Care Informatics [M.S.]Human Resources [MHR]Information Business Administration [IMBA]Information Security [M.S.]Information Technology Management [M.S.]Management [M.M.]Marriage and Family Therapy [MMFT]Psychology [M.S.]Software Engineering [M.S.]Sustainability [M.S.]Dual Degree in Sustainability [MBA/M.S.]Theological Studies [MTS]

Doctor of Education (Ed.D.)Doctor of Ministry (D.Min.) Doctor of Pharmacy (Pharm.D.)

Master’s Programs

Doctoral Programs

2014-2015 ANNUAL REPORT 37

changing not only what is learned but how.Academic Accreditations and Memberships

Hazelip School of Theology—Association of Theological Schools (ATS)

Accreditation Council for Business Schools and Programs (ACBSP), includes an additional accreditation in accounting

Association to Advance Collegiate Schools of Business (AACSB member)

Electrical and Computing Engineering, Civil Engineering and Mechanical Engineering are accredited by the Accreditation Commission of ABET, www.abet.org.

SACSCOC—Lipscomb University is accredited by the Southern Association of Colleges and Schools Commission on Colleges to award baccalaureate, master’s and doctoral degrees. Contact the SACSCOC at 1866 Southern Lane, Decatur, Georgia 30033-4097 or call 404-679-4500 for questions about the accreditation of Lipscomb University.

Chemistry—American Chemical Society (ACS)

Clinical Mental Health Counseling—Council for Accreditation of Counseling and Related Educational Programs (CACREP)

Music—National Association of Schools of Music (NASM)

Sociology & Social Work—Council on Social Work Education (CSWE)

Liberal Arts &

Sciences

Bible & Ministry

Business

Pharmacy—Accreditation Council for Pharmacy Education (ACPE)

Nutrition/Didactic Program & Internship in Dietetics—American Dietetics Association (ADA)

Nursing—National League for Nursing (NLN)

Pharmacy & Health

SciencesEngineering

Teacher Education (NCATE/CAEP)Tennessee State Board of Education (TNSBE)

Education

excellent character mirror their deep faith.Students whose

2014 Student Body ProfileReligious Preferences Represented: 30States Represented (including Washington, D.C.): 43Nations Represented: 42Ethnic Minority Students: 825 (18%)Increase in Minority Enrollment (since 2005): 257%

Enrollment (as of sept. 2014)

undergraduate

graduate

totals

300

799

1,099

2,883

1,606

4,489

2,583

807

3,390

part-time

part-time

part-time

total

total

total

full-time

full-time

full-time

Tuition & Fees

Annual tradional undergraduate tuition and fees for FY 2015-2016: $28,624

Degrees Granted FY 2014-2015undergraduate 1,334575

master’s & certificates640in 44 areas of study

doctorate119in 3 areas total in 90 areas

of study

Creating more new alumi every year—a 139% increase in 10 years.

Overall enrollment has grown 78% since 2005.

Graduate student enrollment has grown 627% since 2005.

LIPSCOMB UNIVERSITY38

to look back on their education, as they look forward to their careers.

Asking students

A graduating senior survey administered to all university May graduates revealed:

Lipscomb University...

Provided resources and opportunities that helped me grow spiritually

Developed a clearer sense of ethical and spiritual values

Provided skills and knowledge to prepare for first-career position

Helped me discover new talents or abilities

Challenged me academically

92.8%

90.3%

90.4%

90.2%

95.6%2015

2015

2015

2015

2015

Developed a deeper understanding about the meaning of Christian service

85%2015

Established in 1891, Lipscomb Academy is a college preparatory, coeducational school located in Nashville, Tenn., and serves more than 1,300 students in pre-K through 12th grade, one of the largest private schools in Middle Tennessee. The academy is a Christ-centered school with a long history of service to Nashville, a passion for academic achievement, a competitive spirit on the athletic field and a warm, welcoming environment.

The academy is especially unique in that it is the only independent school in the mid-state associated with a university. Strong ties to top-ranked Lipscomb University result in opportunities not usually available to students at this level. Also, since the university’s College of Education is one of the highest-ranked teacher preparation programs in the nation, faculty at the campus school enjoy rich, ongoing professional development.

The elementary school (pre-kindergarten through fourth grade) enjoys its own campus approximately one mile south of the upper school campus, which is adjacent to the university. The student population includes a 14 percent ethnic minority whose heritages represent countries including Ethiopia, China, South Korea, Zimbabwe, Poland, Thailand, Italy, Jamaica and Mexico.

Lipscomb Academy is accredited by the National Christian Schools Association, Southern Association of Colleges and Schools, and the Southern Association of Independent Schools. It also holds membership in the Tennessee Association of Independent Schools and the Tennessee Secondary Schools Athletic Association.

Lipscomb AcademyEnriching students with intellectual experiences and spiritual development…

Dual Credit and Honors Courses

ACT Composite 2014 – 2015

19.821.0tennessee mean

24.7class of 2013 mean u.s. mean

AP Courses

Studio art, biology, calculus, chemistry, micro- and macro-economics, English, U.S. history, human geography, psychology, government and Spanish.

Learning at Lipscomb Academy is not confined to the walls of the high school. As part of Lipscomb Academy’s unique and privileged relationship with Lipscomb University, the academy is able to offer a myriad of advanced placement and honors courses based on student interest. From courses in the arts to mathematics and science courses, students are able to pursue college credit while in high school through the connection with Lipscomb University.

Service & Leadership

Graduating students must fulfill a 60-hour community service requirement. Lipscomb Academy develops leadership and service through several clubs and organizations during the year.

LIPSCOMB UNIVERSITY40

Fine Arts

Athletics

Visual art, band, choruses, drama, including dual credit and AP courses.

High school band received straight A, “superiors” in performance assessment, and the high school band and high school chorus qualified for state adjudication festivals

Middle school chorus scored superior rating in regional adjudication; high school chorus scored the highest in the state at adjudication

Theater program involved in International Thespian Society. A dozen theatrical productions produced annually Pre-K-12

Lipscomb Academy offers 23 sports programs with nearly 60 teams. Lipscomb Academy has won 30 team state championships and more than 80 individual state championships. TSSAA AF Bridges Finalists were named for exemplary sportsmanship in 2006, 2009 and 2011.

Tuition 2014-2015

PK-3 $5,250 PK-5 $8,768 K-4 $10,962 5-12 $12,117 three days/week five days/week

Distinctions

• Math team contestants placed in the top 10 at local interscholastic math league

• Notions literary journal published periodically

• IGNITE Program, in conjunction with Lipscomb University, exposes high school students to career paths through lectures, field experiences, facility tours and specialized training in a variety of professions

• Robotics team competes annually

• Mock trial team competes annually

• Online and blended classes available

• Middle and high school one-to-one iPad initiative, “iNow”

• The SEED School at Lipscomb Academy is an innovative approach to pre-K and kindergarten that creates a unique environment where children are encouraged to be inquisitive, adventurous and creative. At the SEED School children seek, explore, experience and discover in ways that encourage and embrace knowledge as well as individuality.

• 9,642 service hours completed by the Class of 2015

• More than $25 million in scholarships offered to Class of 2015

Lipscomb Academy

2014-2015 ANNUAL REPORT 41

One University Park DriveNashville, TN 37204-3951

T 615-966-1000T 800.333.4358, ext. 5194

www.lipscomb.edu