Select Eureka College Accomplishments (July 2005—June 2016)
Financial Health of the Institution:
Ten consecutive years of positive financial results and balanced budgets
Nearly doubling the College’s endowment from $12.0 million to $22.2 million
Growing total assets of the institution from $20.1 million to $54.8 million
Since 2006, the College's U.S. Department of Education Composite Score has improved from .5 to a high of 2.4 in 2013
Facilities Improvements and New Construction—Investments of more than $30 million including:
$1.2M in enhanced library collections and the Reagan Research Center/College Archives
$2.4M in renovations to the Dickinson Commons and the Burgoo Café
$4.75M in renovations to existing residence halls
$5.25M to construct the new Arnold Hall residence hall building
$1.3M in information technology improvements
$6.7M construction of Sanders Hall, a classroom and laboratory building
$3M renovation to the Reagan Athletic Complex including arena and fitness center
Commitments to Faculty & Staff:
Provided employees with raises, promotion and equity adjustments of $1.4M
Through June 2014, the annual budget will have absorbed 100% of the increase for health insurance costs (which more than doubled) without changing plan benefits (BC/BS).
In 2015, the College introduced a High Deductible Health Plan (HDHP) that reduced the employees’ premium participation cost and maximum out-of-pocket cost and created HSA option.
Maintained consistent contribution levels for the employee retirement plan
Secured philanthropic support for faculty fellowships and faculty/staff small grant fund
Re-established faculty sabbaticals Enrollment Management:
Set seven consecutive records for enrollment growth—a 46% increase from 2005 to 2010, including a 18% improvement in student retention (2006),
Maintained a consistent, cost-competitive tuition pricing position—100% of students receive aid
New first year programs, including a support program for first generation students; and new weekend degree completion program for working adults
Improved Fundraising:
Implemented a fundraising strategy that resulted in $30 million in donations over eight years.
In 2015, the largest amount of money was raised by the College ($7.3 million) in its 162-year history
Awarded the 2012 and 2016 CASE Circle of Excellence Awards for Educational Fundraising
Four $1M or larger gifts to the College, with the largest single gift in College history of $3M
Increased the number of donors who support the college by 50% in the last four years
Increased the number of alumni donors by 32% and President’s Circle donors by 24%