2009-2010 Annual Report

THANK YOU for your investment in Cedarville University and your influence in our students’ lives. You are part of a committed group of supporters providing world-class academics, life-changing ministries, exceptional facilities, and needed scholarships for our students. We understand that the gifts you entrust to us come with prayer and sacrifice, and we do not take that lightly. I am pleased to report that we have closed the 2009–2010 fiscal year with a balanced budget, our 33rd consecutive year to do so. The pages that follow are a testament to God’s blessing on this University. Every good gift comes from above, and I am grateful for your partnership in this important endeavor. With your generosity, Cedarville University has a strong foundation on which to build an exciting future. Blessings always, William E. Brown, Ph.D. President Cedarville University ... inspiring greatness 2