2007-2008 Annual Report

F i sca l 2008 St ewardsh i p Repor t Expenditures Academic Instruction $28,894,625 Academic Support 13,921,416 Student Aid 13,128,157 Institutional Support 11,245,344 Auxiliary Enterprises 9,473,892 Student Services 5,824,965 Total $82,488,399 Giving by Designation Capital Projects/Facilities $5,248,268 The Cedarville Fund 893,652 CDR Radio Network 704,677 Endowment 617,626 Annually Funded Scholarships 392,252 Yellow Jacket Athletics 123,470 Class of 2008 Gift 19,312 Other 436,938 Total $8,436,195 Giving by Constituency Alumni $654,030 Churches 190,470 Corporations 893,420 Foundations 3,560,310 Friends * 2,734,614 Other Organizations 403,351 Total $8,436,195 * Includes trustees, non-alumni friends, parents of students, and parents of alumni Cedarville University completed fiscal 2008 with a balanced budget for the 31st consecutive year. Giving was strong and increased in several areas: Number of gifts increased 13.7% 2006–07: 12,870 2007–08: 14,628 Number of donors increased 35.8% 2006–07: 4,327 2007–08: 5,876 Percent of alumni donors increased 146.3% 2006–07: 6.6% 2007–08: 16.3% Cedarville Fund giving increased 21.3% 2006–07: $736,807 2007–08: $893,652 CDR Radio Network giving increased 7.6% 2006–07: $654,860 2007–08: $704,677 Total giving to Cedarville University increased 20.6% 2006–07: $6,994,757 2007–08: $8,436,195 “Greene County is so fortunate to have Cedarville University within its borders. We love the spirit on campus. The students are friendly, outgoing, and courteous, and their Christlike qualities are evident. We try to attend all of the musical concerts at the University. They are always professionally done and so enjoyable. These qualities make it easy to be a contributor to Cedarville University.” Bill and Rita Duncan Xenia, Ohio 12 Providing an Account