2004-2005 Annual Report

25 Student Spotlight: Deborah Strutton “Thank you for the grant toward my second year at Cedarville University! I was sure I would be unable to return for 2005 because of limited family resources. But the Lord has shown me that even when I unfaithfully expect less than He can do, He is still willing to show me how much He can do, how good He can be. While I am unsure of God’s calling career-wise, I am happy to be here at Cedarville University. The Christian-based education available here is beyond those offered at many other private and public schools. I am so thankful for those who helped make it possible to receive such an education.” Deborah Strutton ’08 is an international studies major from Cedar Rapids, Iowa. Scholarship Matching Fund Compelled by Cedarville’s interest to increase scholarships so that costs do not keep students from attending, friends of the University offered two matching grants totaling $400,000 to fund additional scholarships. They encouraged Cedarville to challenge others to join them. Their initiative resulted in 525 friends and alumni giving $403,000. The $803,000 toward the Scholarship Matching Fund nearly doubled the donor- funded scholarships available to students in fiscal 2006. The scholarships ranged from $1,500-3,000 and enabled 427 students to attend or remain at Cedarville. The University intends to continue this donor-funded initiative for fiscal 2007. Endowment and Gift Plan Assets The book value of scholarship endowment assets increased in 2004-05 by $1,672,000 (net of new gifts and distribution for student awards). Charitable Trusts Gift Annuities Endowment from Bequest/Gift Plans Endowment from Direct Gifts For more information on investing in the students of Cedarville, visit www.cedarville.edu/financialpartners .