2006-2007 Annual Report

Expenditures Academic Instruction $28,681,753 Academic Support 12,222,798 Institutional Support 10,765,586 Student Aid 10,146,609 Auxiliary Enterprises 9,113,089 Student Services 6,911,392 Total $77,841,227 Giving by Designation Capital Projects/Facilities $2,607,107 Endowment 1,934,255 Operating Budget 2,005,013 Cedarville Fund – Academics 51,674 Cedarville Fund – Scholarships 426,675 Cedarville Fund – Unrestricted 736,647 CDR Radio Network 654,785 Yellow Jacket Athletics 135,232 Other 630,044 Total $7,176,419 “When it was confirmed that God wanted me to go to Cedarville, I knew I had to trust Him to make a way. As always, He did more than I expected, and through the avenue of grants and scholarships, He miraculously provided for me to come here.” Michael Smith ‘07 Psychology Cleveland, Ohio Fiscal 2007 Stewardship Report The market value of endowment assets increased in 2006–07 by $3.23 million, net of new gifts and distribution for student awards.