2014 - 2015 president's report
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PRESIDENT’S REPORT 1
TABLE OF CONTENTS
PRESIDENT’S LETTER ........................................................................................3
GOAL 1: A DISTINCTIVE LEARNING HERITAGE ............................................... 4
GOAL 2: A DISTINCTIVE LEARNING ENVIRONMENT ................................... 14
GOAL 3: A DISTINCTIVE LEARNING DYNAMIC ............................................. 28
CELEBRATIONS ................................................................................................ 38
NOTABLE LECTURES ....................................................................................... 39
RANKINGS ....................................................................................................... 42
FACULTY AWARDS ........................................................................................... 44
NEW ADMINISTRATORS ................................................................................. 44
FINANCIAL REPORT ........................................................................................ 45
BOARD OF TRUSTEES ..................................................................................... 51
ADMINISTRATION ........................................................................................... 52
2 PRESIDENT’S REPORT
PRES
IDEN
T’S
LETT
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PRESIDENT’S REPORT 3
TO THE MANHATTAN COLLEGE COMMUNITY —It is my pleasure to report on some of the most important accomplishments of the past academic year, as we look forward with great hope to the future.
The future is very much on our minds these days, as 2014-2015 was a year in which we devoted a good
deal of time and energy to two integrated projects that together will chart the course of the College both
in the near term and for the next quarter century — the next phase of our strategic plan, Renewing the
Promise (2015-2020), and a comprehensive Campus Master Plan.
The plans set a clear and bold course for making a strong institution even stronger: capitalizing on our core
assets as a Lasallian Catholic college in New York City; developing our capacity to respond to emerging
needs in the higher education landscape; using technology judiciously to diversify our curricula and serve
a broad range of students; and assuring that we will have the facilities we need to deliver the best possible
educational experience for our students.
The Master Plan envisions strategic upgrades of our learning and living spaces throughout the campus,
with particular focus on our science, technology, engineering and mathematics (STEM) facilities. At the
center of the plan is the rejuvenation and expansion of Leo Hall and the development of a true south
campus with the “new Leo” as its focal point. The plans really are very exciting. They are ambitious — as
is appropriate for a forward-looking institution like Manhattan. But they are also, I believe, realistic and
achievable. I look forward to sharing details with you in the coming months and years.
Significant work has already begun in the former Dante’s Den (Thomas Hall), formerly a dining space
that was made redundant by new facilities in the student commons. By the end of spring semester, we will
open in this space a new “one-stop shop” for select student services, providing an accessible and central-
ized space for offices currently dispersed around the campus, including the Center for Academic Success,
Center for Career Development, Graduate Admissions, and Financial Aid.
We’re also looking forward with great anticipation to the installation of the De La Salle stained glass
windows this spring, after many months of restoration and preparation. The windows come to us from
the former Christian Brothers’ Novitiate in Barrytown, N.Y. Thanks to the work of many and to a joint
fundraising campaign with the District of Eastern North America, these glorious works of art depicting
the life and legacy of Saint John Baptist de La Salle will soon have a new and fitting home in the Chapel
of De La Salle and His Brothers.
Looking back at major successes, we, of course, need to acknowledge the tremendous addition to our
campus this year of the Raymond W. Kelly ’63 Student Commons. The Kelly Commons opened on time
and on budget, thanks to the dedication and generous donations of our Jasper family. As you’ll read later
in this report, the building has provided us with a true campus hub, giving us the space we need to
achieve many of the curricular and cocurricular goals of the strategic plan.
In addition, you’ll find in the following pages ample evidence of our continuing efforts to build upon the
core strengths of the strategic plan. Selected accomplishments from the past academic year are organized
under three headings, which are the three core goals of Renewing the Promise, Phase II (2015-2020):
a distinctive learning heritage, a distinctive learning environment, and a distinctive learning dynamic.
It is definitely an exciting time in the history of the College. I hope that you enjoy this overview of how we
are working every day to build the future of this great institution.
4 PRESIDENT’S REPORT
A DI
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“We will advance learning by ensuring the vitality and visibility of our distinctive core identity as Catholic and Lasallian throughout the College.”
IN THE FIRST CORE GOAL, A DISTINCTIVE LEARNING HERITAGE, THE STRATEGIC PLAN AFFIRMS:
In pursuit of this goal, the College will continue to
promote an inclusive understanding of the Catholic
intellectual, social and educational tradition, and the
legacy of Saint John Baptist de La Salle. We commit
ourselves to supporting an academic and cocurricu-
lar environment that assists students in developing
a mature understanding of the relation of faith
to reason, emphasizing the importance of civic
engagement and social justice.
It’s a goal that informs all that we do and strive for
at the College because we want our students to leave
Manhattan with strong Lasallian values — principles
they will draw upon throughout their personal and
professional lives. It’s the work of our mission, and
the College’s commitment to its heritage is visible
throughout campus, but it’s especially evident in
Manhattan’s Campus Ministry and Social Action
(CMSA) department, which is continuously
exemplifying and enhancing programs for civic
engagement, and fostering a deeper connection to
our Lasallian legacy.
Among the various new initiatives developed by
CMSA this past year was a new conversation series
to encourage students and faculty to speak openly
about faith, values, relationships and love in an
informal setting. The program’s unique name — Agape
Latte — combines the Greek word agape, which roughly
translates to “love that seeks nothing in return,” with a
nod to the program’s coffeehouse setting. In February,
more than 50 guests gathered in Jasper Lounge for the
College’s first Agape Latte event, which featured live
music, coffeehouse fare and guest speaker Shawn Ladda,
professor of kinesiology. By April, word had spread, and
guest speakers Robert and Jovita Geraci, professors in the
religious studies department, delivered a much anticipated
talk titled, Tattooed in the Spirit, to a capacity crowd of 150.
The Lasallian Outreach Collaborative (L.O.Co.), a
weekly community service organization that partners
with local community-based organizations in the Bronx
and greater New York City area, was another new and
highly anticipated program. Students involved in L.O.Co.
participate in ongoing, sustainable, weekly service
work throughout the year with various local community
organizations, and work to create lasting social
change by responding to the expressed needs of our
community partners.
With more than half of the student body partaking in
community service, the CMSA team understands that not
every student can sustain ongoing service work, and some
may prefer activities that don’t require a lengthy time
commitment. So the Service on Saturdays program
was created. These are one-time service opportunities
open to the entire student body, and have included
projects such as: packing food with City Harvest; working
on home construction with Friends of Rockaway and
Habitat for Humanity; or serving a meal at POTS
(Part of the Solution); and doing community gardening
with Friends of Van Cortlandt Park. These Service on
Saturdays events are great introductions to the local
community for students, as well as a convenient entre
into participating in service projects.
Speaking of service days, as the nation celebrated Martin
Luther King Jr.’s birthday on Jan. 19, the Jasper community
also planned its first-ever Day of Service to honor King’s
legacy. Drawing parallels between the College’s Lasallian
mission and King’s call to serve others, CMSA organized
the Day of Service and encouraged individuals and
groups of students to sign up for projects around the city.
While more than 75 students signed up to take part, an
unforeseen snowstorm forced many of the service sites
to cancel programming. Despite the weather, 25 resilient
Jaspers were still able to participate in bagging and
distributing food at a City Harvest mobile market, helping
A new Service on Saturdays program was created this year, offering students one-time service opportunities with local community organizations.
6 PRESIDENT’S REPORT
President of Albania Calls on the CollegeBujar Nishani, president of the Republic of Albania, paid a visit this spring to Manhattan College, where he provided insight on how his country has become a model for peace throughout the past several decades and taught a valuable lesson on acceptance.
“If respect is in your heart, your culture and your tradition, and you try hard to exercise respect for others, that is the fundamental for co-existence, harmony and tolerance,” he told members of the College community who attended an invitation-only event on May 7 in the Raymond W. Kelly ’63 Student Commons.
Nishani came to the College as part of a three-day trip to the U.S. While on campus, he addressed the students, faculty and staff who participated in a Q-and-A session led by Director of the College’s Holocaust, Genocide and Interfaith (HGI) Center, Mehnaz Afridi.
His visit to the College followed an HGI Center exhibition that appeared on campus in 2012. Entitled Besa: Muslim Albanians Who Rescued Jews During the Holocaust, the exhibition included photography that featured the country’s inhabitants rescuing Jews during the Holocaust.
“Manhattan College and the HGI Center have kept and are fulfilling our promise and call for the acceptance of all faiths. We have our own promise and code of honor that commits to faith in the presence of God and a respect for all people,” Afridi said.
The College community also can look to Albania for examples of tolerance, particularly during the past century, according to Nishani.
“At the end of World War II, Jews in Albania were not persecuted, nor did they become victims of discrimi-nation; on the contrary, they were sheltered, protected and respected,” he said.
In line with statements heard during Nishani’s visit was an interfaith prayer from Brother Jack Curran, FSC, and remarks from President Brennan O’Donnell, who tied the Albanian president’s ideals with those honored by the Manhattan community.
8 PRESIDENT’S REPORT
low-income individuals prepare their income tax
returns, and cleaning for their elderly neighbors at
the Methodist Home.
In addition, new Community Based Learning
initiatives (also known as service learning) were
in formation this year. Community-based learning
incorporates meaningful community engagement
within an academic course. The professor, students
and community partners join in a mutually beneficial
relationship that responds to expressed needs of
the local community and provides an intellectually
engaging experience for students. In supporting
Manhattan’s mission, community-based learning
prepares students for lives of personal development,
professional success, civic engagement, and service
to their fellow human beings.
As a powerful testament to this spirit and
commitment to serving others among our
students, the graduating class of 2015 blessed
and “commissioned” seven of its members who
were embarking on a year or more of service
post-graduation. Kelly Cousins teaches English
in China with the Ameson Foundation. Charlene
Frankini joins the Jesuit Volunteer Corps to
teach second grade on an Indian reservation in
Montana. Kaylee Gendron serves in Americorps as
(This page) As a Lasallian Volunteer, John Tudisco ’15 is serving as a student support coordinator at San Miguel High School in Tucson, Arizona. (Opposite page) Engineering students learn and serve with their peers from the Universidad La Salle in Mexico City.
a community engagement coordinator with children
in Portsmouth, N.H. Sheena Mullan joins the
Lasallian Volunteers to serve at the Catalyst Schools
in Chicago as an instructional assistant. Lindsey
Pamlanye also joins Lasallian Volunteers and teaches
and mentors at St. Raphael Academy in Pawtucket,
R.I. Savio Paul enters Cathedral Seminary, where he
will begin studies for the priesthood. John Tudisco
moves on to a position with the Lasallian Volunteers
in Tucson, Ariz., where he is a student support
coordinator at San Miguel High School.
While recent graduates are crisscrossing the country
and working in service positions, current students
also traveled far and wide this past year to help
those less fortunate around the globe.
In January, 12 students from the College’s School
of Engineering celebrated the holiday season by
giving gifts of toys, clothing and safe drinking
water to refugees in Mexico City. This transformative
experience was part of an 18-day, three-credit
study abroad course, Transport Phenomena, led by
Gennaro Maffia, professor of chemical engineering,
and hosted by Universidad La Salle in Mexico City.
Student participants from La Salle and Manhattan
came together not only from different cultures but
also from diverse academic disciplines to study
Jasper Named Newman Civic FellowIn its first-ever recognition of a Manhattan College student, Campus Compact named Freda Tei ’16 a Newman Civic Fellow for her advocacy work in her hometown of the Bronx. The award honors inspiring student leaders who have demonstrated a commitment to finding solutions to challenges faced by their communities. The biology major is one of 201 community-engaged college students to receive the prestigious honor.
Since 2009, Tei has been an advocate for better schools and social change. She participates in her local Bronx community through the Northwest Bronx Community and Clergy Coalition (NWBCCC) and Sistas and Brothas United (SBU). Originally drawn to community organizing, Tei and her fellow high school students worked to decrease overcrowding by joining the NWBCCC’s campaign to turn the Kingsbridge Armory into schools.
At Manhattan College, Tei helped to establish a tutoring program at SBU and has been instrumental in the college access program. She has also continued to organize as part of the Kingsbridge Armory Redevelopment Alliance; training new members in community organizing strate-gies. In addition, Tei has spearheaded a petition campaign to support the New York State Dream Act and registered people to vote.
The Newman Civic Fellow Award is generously sponsored by the KPMG Foundation, which works in partnership with business and higher education to provide college and university students the opportunity to make a difference and to develop leadership, teamwork and communication skills through learning, practicing and teaching the principles of free enterprise.
Campus Compact is a national coalition of nearly 1,100 college and university presidents who are committed to fulfilling the civic purposes of higher education to improve community life and to educate students for civic and social responsibility.
the development of mass, energy and momentum
transport equations. As members of the global
Lasallian community, the cohort of students, faculty
and staff felt it was important to participate in a
service experience during their stay, so a connection
was made with CAFEMIN, a housing and training
center for the empowerment of indigenous and
migrant women. The group delivered and installed a
Sawyer filtration system thanks, in part, to donations
to the Chemical Engineering department.
Back in the Bronx, business students partnered with
the IRS Volunteer Income Tax Assistance (VITA)
program for the sixth year in a row to provide tax
preparation services to local Bronx residents. The
program is held at the Northwest Bronx Resource
Center in the Fordham Bedford section of the Bronx
in partnership with University Neighborhood Housing
Program (UNHP), Fordham Bedford Community
Services and Ariva Inc. Student volunteers not
only help local residents but also receive valuable
accounting experience, as all volunteers complete
an IRS certification program and a software training
covering a range of tax credits and New York State
tax filing. Since the VITA program first started at
Manhattan College in 2010, approximately 160
students have participated. In 2014, the program
resulted in more than $1.8 million (1,486 returns)
of tax refunds to Bronx residents with an average
earned income tax credit refund of $1,971.
In a time of rising tuition rates, not only in higher
education but also in preschools, a family’s income
is a significant factor in the quality of a child’s
education. Bridging that gap between income and
education was one of the driving forces behind
the creation of Manhattan College’s Center for the
Study of the Future of Education (CSFE). Exploring
poverty and inequality in education served as a
natural starting point for Karen Nicholson, associate
professor of education and CSFE director. After
hearing firsthand accounts from a number of student
teachers about the lack of equity in local schools,
Nicholson and Provost William Clyde collaborated to
take the vision for CSFE and make it a reality.
The center launched in February and hosted two
lectures in front of capacity crowds in the Raymond
W. Kelly ’63 Student Commons. In March, Ruby
Payne, a former high school teacher, principal and
current educational consultant, offered strategies
for overcoming economic class barriers to increase
student achievement. Payne is best known for A
10 PRESIDENT’S REPORT
Educational consultant and author Ruby Payne helped launch the College's Center for the Study of the Future of Education with her lecture on overcoming economic class barriers in student achievement.
Framework for Understanding Poverty, her best-
selling foundational piece originally released in
1996. In April, Jonathan Kozol, the National Book
Award-winning author of Savage Inequalities, The
Shame of the Nation and Amazing Grace, chronicled
his experiences working in inner-city schools and
observing students and teachers in the South
Bronx. Kozol, who said teachers are his heroes, also
focused on inequality in public and private schools,
passionately defending the right of every child to
have access to quality educational tools.
Another center that continues to bring the College’s
inclusive community to the forefront, as well as
bring community groups together in partnership, is
the Holocaust Genocide and Interfaith Education
Center (HGI). As usual, the center presented a rich
program of events throughout the year, including a
discussion of the dilemmas of American religion by
historian Charles H. Long; a gathering on campus
for an interfaith discussion on the extremism,
prejudice and violence occurring in the Middle East
by religious leaders and scholars; a talk entitled
The Letters Propelled Me: Resisting Kristallnacht Then
and Now by Murray Baumgarten, who presented
the seventh annual Frederick M. Schweitzer Lecture;
a lecture by a first-generation descendant of
Holocaust survivors, Janet Pfeffer Vignola, titled The
Story of Three Salt of the Earth Families Before, During
and After the Holocaust; a discussion on the topic Is
Antisemitism a Mental Illness? by Sander L. Gilman;
and a one-man show by Roger Grunwald, the son of
a Holocaust survivor, called The Mitzvah Project, to
commemorate Yom Hashoah, a day to remember
victims of the Holocaust.
Of the many notable qualities that define our
institution’s Lasallian heritage, one we hold
particularly dear is our concern for social justice.
This founding principle from the Catholic patron
saint of teachers, John Baptist de La Salle, was the
theme of many conferences we hosted on campus
this past year — and we had a banner year for
conferences that really got to the heart of issues that
have been coming to the forefront of the news in
recent months.
On April 18, the College hosted Slavery No More:
Breaking the Supply Chains of Human Slavery, a
conference that focused on the prevalence of slavery
in global supply chains manufacturing clothing,
coffee, chocolate and other goods distributed
around the world. Adding context to the issue
were presentations by experts and activists in the
field of human trafficking, as well as people who
have been harmed by slavery. College students and
faculty, including religious studies professor Kevin
Ahern, took to the podium to share knowledge on
the subject, as well. Tenaz Dubash, who serves as a
victims assistance coordinator for the Department
of Homeland Security, was among the social justice
advocates who spoke at the Manhattan event, which
was sponsored by LifeWay Network Inc. and the
New York Coalition of Religious Congregations Stop
Trafficking of Persons.
In light of the widely publicized deaths of Eric Garner
of Staten Island and Michael Brown of Ferguson,
Mo., and the social unrest that followed, the College
hosted its first racial justice teach-in in February to
address a number of racial issues facing society today.
The event consisted of panel discussions comprised
of students and alumni who shared their personal
experiences as members of minority groups, after
which they then broke into small groups to brainstorm
ways to improve racial relations. Manhattan English
professors Maeve Adams and David Witzling, as well
as religious studies Jawanza Clark and Kevin Ahern,
spoke about race, Catholicism and social justice
activism. The community learned about the historical
and sociopolitical contexts of the Black Lives Matter
movement, the value of human life regardless of
background, and the legacy of Martin Luther King Jr.
Another event that exemplified Manhattan’s
commitment to social justice and excellence in
teaching was the Martin Buber Memorial Conference,
which celebrated the life of a renowned Jewish
philosopher, political activist and religious thinker
whose approach to education focused on building
character of the whole individual. The event on April
At the College's first racial justice teach-in, students, faculty and alumni discussed a number of issues, including the Black Lives Matter movement, as well as shared their personal experiences.
Celebrating Vatican II The Catholic Church celebrated another golden anniversary in fall 2015 — it’s been 50 years since the Second Vatican Council published “The Pastoral Constitution on the Church in the Modern World,” encouraging people of faith to take an active role in bettering the world around them. As this ideal and others described in the document, which translates in Latin to Gaudium et spes, mirror those we at Manhattan follow under the guidance of Saint John Baptist de La Salle, we commemorated its 1965 release in October with a Eucharistic Mass and panel consisting of several faculty members.
As part of the panel, religious studies professors Kevin Ahern, Paul Dinter and Natalia Imperatori-Lee discussed contents of the document, which were especially significant given its guidance to be mindful of world issues. According to Imperatori-Lee, Gaudium et spes is integral to the Church’s changing role in history.
“We wanted the community, especially students, to understand the importance of several key documents promulgated by the Second Vatican Council,” she says.
“The document invites Catholics to engage the world’s problems, and celebrate the world’s joys, as leaven for good. This is something we strive to prepare students to do at Manhattan, so it was important to celebrate it.”
The panel also spoke about “The Decree on the Apostolate of the Laity,” another Vatican II document published in 1965. This one focused on the purpose laypeople play in the mission of the global church.
This was the second time Manhattan memorialized accomplishments of the Second Vatican Council. The first was in 2013, to mark the 50-year anniversary of its formation and of the “Constitution on the Sacred Liturgy.” The four-day lecture and panel series also held in October at the College included a keynote by Massimo Faggioli, a theology professor at St. Thomas University. His remarks noted the potential effect the papacy of Pope Francis might have on Catholics’ implementation of the reforms of Vatican II.
PRESIDENT’S REPORT 13
23 commemorated the 50th anniversary of his death
and invited Buber scholars from the University of Mary,
Rutgers School of Law, and Tel Aviv University and
drew insight from Manhattan students and community
members. The Buber conference was sponsored by
the Manhattan College Center for Ethics, HGI Center,
office of Mission, and Philosophy and Religious Studies
departments.
With all that was going on in terms of strengthening
and accomplishing the work of its mission, the College
also took some time to actually celebrate the mission.
This April, 75-plus campus events were featured as part
of Manhattan College’s second annual Mission Month,
a month-long celebration of the legacy of De La Salle.
The lectures, presentations, performances, discussions
and other events highlighted the hallmarks of our
Lasallian heritage, as well as recognized students
who volunteered and served others, and faculty, staff,
administrators and alumni who live the mission
according to their talents and interests.
EUCHARISTIC CELEBRATION
Sunday, October 4, 11 a.m. Chapel of Saint John Baptist de La Salle and His Brothers
Commemorating the 50th Anniversary of the Vatican Council’s Fourth and final Session which produced so many significant documents that re-ordered Catholic life. Additionally, the Anniversary marks 50 years since Pope Paul VI spoke to the United Nations and the opening in Rome of the Synod on the Family convoked by Pope Francis.
FACULTY LUNCHEON PANELWednesday, October 7, NoonRaymond W. Kelly ’63 Student Commons, Room 5C
The People are the Church in the World Moderator: Lois Harr, Director of Campus Ministry & Social Action Speakers: Prof. Kevin Ahern, Religious Studies
Prof. Natalia Imperatori-Lee, Religious Studies Prof. Paul Dinter, Religious Studies
This session commemorates the 50th Anniversary of the publication of The Second Vatican Council’s documents on the Laity and on the Church in the Modern World, both fundamental to the ministry and mission of Pope Francis recently expressed in his addresses to the United States Congress and the United Nations.
fall 2015
this event series is sponsored by the school of liberal arts, department of religious studies and catholic studies program.
14 PRESIDENT’S REPORT
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“We will advance learning by fostering student engagement and integrated learning through our distinctive environment on campus, in New York City, and with our international networks.”
IN CORE GOAL TWO, A DISTINCTIVE LEARNING ENVIRONMENT, THE STRATEGIC PLAN ASSERTS:
Encompassed in goal 2 are many initiatives focused
on supporting students in their efforts to transition
into and succeed in a challenging academic
environment.
The College welcomed 900 freshmen to campus in
September — the largest class in the past 10 years
and 20 percent larger than last year's incoming
class. Therefore, achieving these goals, including
the further development of first-year experience
programming, will be paramount in the current
and future academic years. Manhattan has been
looking into and expanding such programs to make
sure that this newest class of students — and all
students — feel welcomed into the community and
supported during their transition into motivated
college students.
After careful planning during the 2014-15 school
year, the College debuted four residence life
communities in the fall of 2015 to match students
with like-minded interests. Referred to as Common
Interest Communities (CICs), residents now can live
in the following themed living spaces: Environmental
Issues and Sustainability, Nuestra Casa (Our
House), Performing Arts and Visual Culture, and
Entrepreneurship.
The four CICs were created to boost enrollment,
cater to the needs of residential students, and to
16 PRESIDENT’S REPORT
The Arches program is going strong with fostering bonds among incoming freshmen and engaging them in community service. The College also introduced a few new Com-mon Interest Communities this year, which also help students connect with each other and the Manhattan community.
help with retention. The number of resident students
at Manhattan College continues to grow each year,
and this fall, we’re at 99 percent capacity. Research
shows that offering these types of communities not
only helps recruit new on-campus residents but also
helps them to grow and connect upon arrival.
In its first semester, the CIC program attracted
more than 60 Jaspers of all class years, though it's
predominantly comprised of first-year students, who
are now living in designated areas of Horan and Lee
Halls. There, they are taking direction from resident
assistants that are hard at work planning events and
group projects during the next several months.
The CIC program joins another popular option at
Manhattan that makes residence life the jump-off
point for success in academia, service learning
and cultural exposure: The Arches. Four years
after its launch, the learning and living community
enrolled 169 inhabitants in the fall of 2015, who, as
of late, were enrolled in classes that incorporate
classroom knowledge with volunteer opportunities
and educational excursions throughout New York
City. In the past, students involved in the Arches
have attended Broadway and off-Broadway shows,
performances at Lincoln Center, as well as visited the
Cloisters and a number of acclaimed art institutions.
This has been the most successful semester for
the Arches so far, after different organizations on
campus joined together to promote it both online
and at various admissions events.
Our New York City location is also an important part
of the strategic plan that looks to enhance student
opportunities by involving our alumni network,
capitalizing on our convenient setting, and ensuring
that students have excellent support in achieving
their post-graduation goals. At Manhattan, we
hold the keys to New York City: a metropolis where
Jaspers have excelled in internships, made long-
lasting connections with alumni, and landed jobs
that went on to define their careers.
According to the results of a follow-up survey
completed by May 2014 graduates, the majority
tapped into all three during and after their time
at the College. Seventy-three percent of students
had one or more internships while in school that
related to their field of study; many of which at
companies in New York City, where Jaspers have
held internships in previous years, including Sony
Pictures Entertainment, Museum of Jewish Heritage,
Hearst Magazines, Viacom, Metro-North Railroad,
PWC, Turner Construction, NBC Universal, and the
Port Authority of New York and New Jersey.
Meanwhile, nearly 20 percent of survey respondents
were engaged in another type of apprenticeship
before graduation — they were participants in the
Center for Career Development’s Mentor Program.
For a year, students are matched with alumni
working in their intended field of study for a year
of mentorship.
Ninety-four percent of students involved in the
Mentor Program also secured employment nine
As part of the Arches program, students also participate in educational excursions through-out New York City, including acclaimed art museums and performances on Broadway.
18 PRESIDENT’S REPORT
months after graduation, according to the survey,
which found that nearly 40 percent of May 2014
graduates who landed a job in that time attributed
their success to a Manhattan College resource.
In addition to their participation in the Mentor
Program, alumni also joined a number of panels and
lectures on campus, as well as networking events.
Mentor Program participants weren’t the only class
of 2014 members who found post-graduate success.
Our numbers show that overall, 88 percent accepted
employment and/or were enrolled in graduate
school nine months later, while 12 percent were still
looking for a job at that time. And that figure shows
a decrease in the number of students still on the
job hunt, as 15 percent of May 2013 graduates were
still seeking employment at the nine-month mark,
according to research published a year earlier.
Of the May 2014 graduates who accepted
employment within nine months, our numbers
show 60 percent as having secured a starting
salary of $50,000 or more at companies such as Air
Products, L’Oreal, Con Edison and the New York City
Department of Education. These are just a few of
the prominent U.S. companies that employed two or
more graduates from that class year.
Success stories of recent Manhattan graduates
speak to our ability to prepare students for a world
outside campus. A Brookings Institute analysis
published in April 2015 ranked the College in the
Almost all of the students who participated in the Mentor Program secured employment within nine months of graduation. The program pairs students with alumni in their intended career fields and hosts events, such as the Mentor Meet and Greet reception.
top 10 for offering the greatest return on investment,
alongside Stanford, Colgate and MIT after looking
at average salaries of graduates 10 years after
completion. A PayScale College Return on Investment
(ROI) report released a month earlier placed
Manhattan as No. 18 out of more than 400 private
colleges in the U.S. So Jaspers are not only ready for
their careers when they graduate from the College but
also excelling at them.
When it comes to finding their initial jobs, our
students don’t have to look much farther than
Manhattan’s Riverdale campus. Nearly half of May
2014 graduates reported utilizing the Center for Career
Development in some way during their senior year,
whether it was looking for employment opportunities
on Jasperlink, the College’s job posting database, or
taking part in some kind of on-campus recruiting.
Additionally, many scoped out potential opportunities
at campus career fairs during their senior year.
To further prepare students for employment, the
center recently launched a Careers and Coffee
panel series, which invites professionals from
various industries to share experiences and answer
questions about their fields. So far, students have
heard from individuals in government, technology,
pharmaceuticals and communication.
During the course of their academic careers at
Manhattan, students become well-versed in how easily
they can hop onto the No. 1 train for jobs, internships
The Center for Career Development holds several career fairs each year, offering students the chance to meet with potential employers, such as L'Oreal, which was one of the top companies for employing two or more graduates from the class of 2014.
and cultural outings in New York City, but they also
learn one of the greatest advantages of being part of a
campus so close to the Big Apple, and that’s the ease
of which it all comes to us.
Starting off the 2014-2015 school year were a number
of notable speakers who came in September for the
College’s annual Student Activities Lecture series,
themed to include figures that were tied to New York
City in some way. This gave students a chance to hear
from Brian Cashman, who serves as general manager
of the Yankees, and Luis D. Ortiz, famous realtor and
co-host of Bravo’s Million Dollar Listing New York. Also
in the fall were a showcase of poets, novelists and
essayists who came as part of the College’s Major
Author Reading Series (M.A.R.S.) for readings and
book signings (to read about this year’s authors, see
page 39).
In October, we heard from Sharon Zukin, a renowned
sociologist, and whose talk, Local Shopping Streets:
Globalization & Gentrification in a Changing City,
focused on the demographic shifts New York City
neighborhoods have undergone throughout history,
and how they have affected the local color of its stores
and businesses.
While it is easy to take advantage of the city without
ever leaving campus, even the staunchest Bronxites
relish the chance to head downtown for activities and
events, which this spring included a School of Liberal
Arts reception at J. Walter Thompson Worldwide, one
of the world’s top marketing and communications
agencies. The April event was held at the company’s
midtown headquarters and hosted by Non-Executive
Chairman Bob Jeffrey ’75, who joined the College’s
faculty, current students and fellow alumni to remind
prospective Jaspers that big-city opportunity is only
a short distance away. Echoing his sentiments was
Christopher Gorman ’05, who shared his experiences
as a student at the College, as well as in his position
at the Metropolitan Museum of Art, where he
currently serves as chairman of the Met Spectrum, a
facet of its external relations department.
That previous November, a team of our School of
Business students traveled to the Federal Reserve
Bank’s Manhattan headquarters to participate in
the New York College Fed Challenge, an academic
competition that challenges knowledge related to the
U.S. economy, monetary policymaking and the role
of the Federal Reserve System. The Manhattan team
advanced to the semifinals of the competition, which
A Model of DiplomacyJust weeks after the United Nations’ general debate in midtown Manhattan, the Manhattan College Model UN team traveled to our nation’s capital to weigh in on some of the same topics at the National Model UN Conference (NMUN-DC) last fall. And they returned to Riverdale with an Honorable Mention and three other distinctions.
The College’s 14-person delegation joined more than 800 college students from across the world to participate in a discussion on international relations issues. Representing the United Kingdom (U.K.) at the conference, the team was responsible for researching the U.K.’s position on the issues, which included trade and development, health, refugees, economic and social equality, the global drug regime, and international security.
The delegation also ranked among the top 20 percent of participants, which earned them an Honorable Mention. They even returned with two Outstanding Position Paper distinctions. Manhattan’s winning pairs included electrical engineering major Chris Hoey ’17 and international studies major Evelyn Infante ’15; and economics and international studies major Irene Entringer ’15 and international studies major Deonta Wortham ’15. In addition, Entringer and Wortham brought home an award for Outstanding Delegation in Committee.
Twenty-five Manhattan College students then participated in the 2015 National Model UN conference in midtown Manhattan this past spring. Representing the Republic of Colombia, students worked on a variety of issues in different committees, including the sustainable urban development, Biological Weapons Convention, Nuclear Non-Proliferation Treaty, women and development, and drug trafficking. In addition, Evan Amadio ’15 and Greg Pachacz ’15 represented Jordan on a simulation of the Security Council dealing with the situation in Iraq and a “crisis” in Southern Sudan.
The College brought home three awards: the delegation of Colombia received an honorable mention; Amadio and Pachacz received an outstanding delegation award for their representation of Jordan; and Deandra Anderson ’15 and Taylor Allen ’16 received an outstanding position paper award for the United Nations Environment Programme.
20 PRESIDENT’S REPORT
they have been involved in for the fourth consecutive
year (to read more, see sidebar on page 23).
Throughout the 2014-2015 academic year, the College
also took to the five boroughs for activities included
in Residence Life’s long-standing Saturdays in the City
tradition. Students walked along the Brooklyn Bridge,
ate cannoli in Little Italy for the Feast of San Gennaro,
and kayaked on the Hudson River. Saturdays in the
City also led excursions to acclaimed institutions,
including the Museum of Modern Art and Museum of
Natural History.
Our focus on making Manhattan College an integral
part of the New York City community — both on
campus and in all five boroughs — is one we share
with many others in the area. To collaborate with
these city institutions, we agreed to participate in
Town+Gown, a program sponsored by the New York
City Department of Design and Construction that
works to partner with city agencies on ideas, resources
and research. One of the goals of this newly created
organization, which includes five other New York
City colleges, is to facilitate efforts toward resolving
environmental issues within old and new campus
buildings. In the future, Town+Gown participants will
gear up to lead projects that pool city and academic
resources, to name a few of the organization’s plans.
And speaking of campus buildings, core goal two also
takes into consideration the physical infrastructure of
the College and its ability to meet its curricular and
cocurricular needs.
Taking advantage of our New York City location, the School of Liberal Arts hosted its first reception for accepted students at J. Walter Thompson World-wide, and featured speaker Christopher Gorman ’05 shared his experiences as a student and current employee of the Metropolitan Museum of Art.
22 PRESIDENT’S REPORT
Last October, Manhattan College celebrated
the opening of the highly anticipated Raymond
W. Kelly ’63 Student Commons, named in honor
of one of the College’s most renowned and respected
alumni and former police commissioner of New York
City. In front of a capacity crowd of more than 500
guests, including New York Governor Andrew Cuomo,
Senate Co-Leader Jeff Klein and Assemblyman Jeffrey
Dinowitz, the College officially dedicated the Kelly
Commons to much fanfare.
The 70,000-square-foot building serves as the
crossroads of campus, linking the north and south
parts of campus. A true community space, the Kelly
Commons significantly enhances the College’s
ability to integrate academics and student life
programming, and provides space for fitness and
wellness programming, dining, study, and cultural and
community events.
Since its opening in 2014, the commons has become
a campus hub. On a typical day, more than 250
students, staff and faculty utilize the Wellness and
Fitness Center. While the new Multicultural Center,
the home for diversity programs and services, has
attracted attention with events throughout the year
that recognize Hispanic, Italian, Irish, Black and
Asian-Pacific heritages, as well as other lectures on
diversity training and a veterans speaker series.
Along with the Multicultural Center, the Kelly
Commons has created much-needed space for
Student Activities, the Center for Social Action
and Service Learning, and the College’s more than
65 student clubs and organizations. In addition,
major events, such as the Student Activities Lecture
Series, Admissions’ Saturday Information Sessions,
Latinofest, the Spring Activities and Volunteer Fairs,
the President’s Dinner and Benefactor’s Reception,
were all held in the student commons’ Great Room
last year.
Keeping in mind that the Kelly Commons would not
have been possible without the generous support of
the College’s alumni and friends, we are especially
proud of and thankful for all of the donors to the
The Raymond W. Kelly ’63 Student Commons, which opened in October 2014, has quickly become a campus hub, not only connecting the north and south campuses but also students with faculty and the larger Manhattan community.
PRESIDENT’S REPORT 23
Federal Reserve Challenge For the fourth consecutive year, Hany Guirguis, professor of economics and finance, led and mentored a team of School of Business students who participated in the New York College Fed Challenge. This academic competition, sponsored by the Federal Reserve Bank of New York, en-courages students to learn about the U.S. economy, mon-etary policymaking and the role of the Federal Reserve System — crucial skills for future financial professionals.
“Today, you cannot survive in the financial market without a strong comprehension of nontraditional monetary policy and how it affects the price of different financial assets,” Guirguis says. “Thus, monetary policy is an im-portant component of our students’ education.”
Administered by a panel of professional economists, the competition is held at the Federal Reserve Bank of New York. The competition consists of a lightening-fast presentation followed by a question-and-answer session, wherein students answer questions related to finance, economics, banking and monetary policy. To prepare, students research and analyze current economic data, review potential future economic risks, and develop a forecasting model for such risks.
Team members Joshua Clark ’15, William Gerard ’15, David Lothrop ’15, Riko Mochizuki ’16, Jessica Schutte ’15 and John Trieste ’16 advanced to the semifinals of this year’s competition — an achievement attained by only nine of the 36 colleges and universities that participated. During the competition finals, the team earned nearly perfect scores, and received the competition’s Honorable Mention Award.
For Clark, an economics major who served as team leader, the most challenging aspect of the competition was conducting the vast amount of original research and data analysis — something that not every team did in preparation for the competition.
Guirguis recruits the Fed College Challenge team members from his Advanced Macroeconomics, Econo-metrics and Financial Modeling courses, and believes the experience helps his top students to become responsible leaders who understand how to effectively create and apply financial models.
Students at the Center campaign. The successful $44.1
million campaign was completed in 2014 when the
commons opened on time and on budget. The strong
commitment of the board of trustees, and the planning
and direction of a hardworking and talented volunteer
committee were important contributing factors.
Thomas O’Malley ’63, former chairman of the College’s
board of trustees and executive chairman of PBF
Energy Company LLC, contributed $10 million toward
the building, which was the largest gift in Manhattan’s
history. As honorary co-chair of the campaign,
O’Malley’s support resulted in a large response from
more than 800 alumni, parents, corporations and
friends of the College.
And it’s not just our community that has taken
notice of the innovative places and spaces offered
in the Kelly Commons. Shortly after its opening, the
commons achieved LEED (Leadership in Energy and
Environmental Design) gold certification by the U.S.
Green Building Council. LEED is recognized around
the world as the premier mark of achievement in the
design, construction and operation of green buildings.
It’s the College’s first LEED building, and the largest LEED
gold certified non-residential higher education building
among 15 gold-certified LEED projects in the Bronx. Some
of the commons’ many green features include a green
roof, regional materials and recycled content, occupancy-
based lighting and HVAC, demand-based ventilation,
variable speed refrigerant system, and high-efficiency
condensing boilers.
To which the state-of-the-art Kelly Commons can attest,
sustainability has become an important goal throughout
the years. With its foundations in Catholic Social Teaching,
core goal two makes it a priority to promote and model
environmental sustainability throughout Manhattan’s
campus. In addition to the opening of the student
commons, the campus underwent a major conservation
project last year.
Looking to reduce its carbon footprint and cut energy
costs, the College launched a $2.3 million water and
energy-saving project that is expected to save an estimated
$652,000 per year in utility costs and reduce electricity
use by nearly 2 million kilowatt-hours annually. By also
implementing energy and water conservation measures,
Manhattan expects to conserve an estimated 6.3
million gallons of water and avoid the equivalent annual
emissions from 433 passenger vehicles, according to U.S.
Environmental Protection Agency data.
The Manhattan College Center for Urban Resilience and
Environmental Sustainability (CURES) also has been
continuing its work in supporting research, teaching and
community outreach in the areas of urban resilience,
sustainability and environmental justice. In fall 2014,
CURES hosted a rooftop garden tour to celebrate another
successful growing season and invited the Manhattan
community to explore the garden-scape on top of the
Broadway Parking Garage.
The School of Science and CURES hosted events for
Earth Day this past April, too. Students enrolled in the
newly launched Environmental Science program learned
how to convert discarded eggshells into biodiesel fuel,
among other eco-friendly skills. The festivities began on
Wednesday, April 15, with an Earth Week Seminar on how
to remove metals from groundwater.
Another aim of core goal two is to assure that our student-
athletes are fully supported and integrated wholly into
the core educational mission of the college. It also takes
the marketing and fan experience into consideration. And
A first for the College, the student commons achieved LEED (Leadership in Energy and Environmental Design) gold certification by the U.S. Green Building Council shortly after opening.
24 PRESIDENT’S REPORT
the fan experience this past year was as exciting as
ever. The men’s basketball team repeated as MAAC
champions and returned to the NCAA Tournament.
After a thrilling 10-point victory over Iona in the MAAC
Championship game, the Jaspers traveled to Dayton,
Ohio, for the first round of the NCAA Tournament.
Unfortunately, the season came to an end with a 74-64
loss to Hampton University. Along with the two NCAA
berths, this was the program’s third consecutive
trip to the MAAC Championship game. In addition,
Manhattan is now one of just 11 teams to win back-
to-back league titles during the past two years, and
one of only nine to play in its respective conference
championship game in each of the last three seasons.
As per our high Jasper standards, many of our other
teams and student-athletes had exceptional years —
and not just on the field. The overall team grade point
average for the spring 2015 semester was a 3.2, and
151 student-athletes earned their way onto the MAAC
Academic Honor Roll. Additionally, 16 out of our 19
athletic programs achieved an overall team GPA of
a 3.0 of higher. Three teams even recorded a GPA of
3.5 or higher: volleyball (3.62), women’s soccer (3.58)
and tennis (3.5); and 17 student-athletes notched
perfect 4.0 GPAs in the fall or spring semesters. It’s
a testament to the character of our student-athletes
who balance the tough demands of high-level
intercollegiate competition with those of a rigorous
academic program.
The Manhattan swimming and diving teams also
achieved College Swimming Coaches Association
of America Scholar All-America status for both
semesters. In order to qualify for this distinction,
teams must attain a cumulative GPA of 3.0 or higher.
In addition, the golf and softball teams received NCAA
Academic Progress Rate Public Recognition Awards
for their success in the classroom.
In addition to some impressive team accomplish-
ments, Manhattan had two MAAC Players of the
Year in Malia McGuinness ’15 (volleyball) and Elena
Bowman ’16 (softball). These two student-athletes
proved to be the best players in the MAAC during
Aislinn McIlvenny ’14 was a finalist in collegiate women's soccer for the prestigious Senior CLASS Award, which stands for Celebrating Loyalty and Achievement for Staying in School.
After a thrilling 10-point victory over Iona in the MAAC Championship game, the men's basketball team is now just one of 11 teams to win back-to-back league titles during the past two years.
26 PRESIDENT’S REPORT
the course of a full season, and the College could not be
prouder of their individual and team efforts.
Yet again, the College had a contender for the prestigious
Senior CLASS Award — Aislinn McIlvenny ’14 was a
finalist in collegiate women's soccer. To be eligible for the
award, a student-athlete must be classified as an NCAA
Division I senior and have notable achievements in four
areas of excellence — community, classroom, character
and competition. An acronym for Celebrating Loyalty and
Achievement for Staying in School, the Senior CLASS
Award focuses on the total student-athlete and encourages
students to use their platform in athletics to make a
positive impact as leaders in their communities.
It was also a year in which we saw the elevation of
women’s rowing from club status to an intercollegiate
program that will compete in the MAAC. Manhattan
College has sported a women’s rowing team for almost 40
years, but it wasn’t until April that the team made news
on a national level, when the College announced that the
program would be elevated from club status to one of the
Jaspers’ 19 intercollegiate sport offerings beginning with
the 2015-2016 academic year.
With an eye toward improving athletics facilities,
Manhattan recently completed a court renovation in
Draddy Gymnasium, unveiling a new all-green basketball
court, as well as the only volleyball-branded playing surface
in the MAAC. It’s sure to make a statement during the
upcoming basketball games. In addition, the state-of-
the-art Marro Broadcast Studio was completed and will
be used for press conferences, coaches shows, student-
athlete interviews, among other needs. The baseball
program also moved its home field to Dutchess Stadium,
home of the Hudson Valley Renegades, and hosted the
2015 MAAC Championships.
(Top) Catcher Elena Bowman ’16 was recognized as one of the best players in the league with the MAAC Player of the Year honor. (Bottom) This past year also saw the women's rowing team elevated to varsity status.
28 PRESIDENT’S REPORT
A DI
STIN
CTIV
E LE
ARNI
NG D
YNAM
IC
“We will advance learning through the distinctive dynamic of our integration of liberal arts and professional disciplines throughout the College.”
IN THE THIRD CORE GOAL, A DISTINCTIVE LEARNING DYNAMIC, THE STRATEGIC PLAN STATES:
This goal gets at the College’s ability to transcend
traditional disciplinary, programmatic, cultural
and physical boundaries. It not only notes the
importance of advancing the connection between
curricular and cocurricular programs but also
takes into account the need to strengthen
graduate and continuing education, as well as the
College’s contributions to public knowledge and
the lifelong exchange of ideas between the campus
and larger community.
The College transcends traditional boundaries
every day, and continually evolves to meet the
challenges of today’s students and teachers. Each
year brings new perspectives, innovation, areas of
study, grants and connections that enhance the
curriculum and educational opportunities that
Manhattan offers.
One such program that particularly highlights
the lifelong exchange of ideas, and of which we
are especially proud, is our student research
opportunities. Since launching in 2013, the Jasper
Summer Research Scholars, a program that offers
a stipend for students to pursue on-campus
summer research in collaboration with a faculty
mentor, has practically doubled in number. Starting
with 10 scholars (five full and five supplemental
awards), and adding students from the Branigan
Scholars Grant, the School of Science Dean’s
Office Summer Program, and the John Mahony
Research Scholars into the mix, there were about
30 PRESIDENT’S REPORT
35 students doing research that first summer.
Flash-forward to 2015, the program’s third year,
and those figures jumped to 18 Jasper Summer
Research Scholars, five Summer Fellows, and
three Lasallian Research Scholars (a new program
developed this past spring). With the addition of
the Mahony, Branigan, dean’s office, and endowed
scholarship researchers, the College had more than
65 students involved in research this past summer.
As a result, Manhattan’s third annual Research
Scholars Presentation Day in September was bigger
than ever before, as more than 65 students from all
academic disciplines took to the podium to report
on a summer of inquiry and experimentation.
And it’s not just the research scholars who are
increasing and getting noticed. The College’s
focus on expanding STEM (science, technology,
engineering and math) education was recognized
by the National Science Foundation (NSF) yet
again with an award to further fund STEM learning.
The newest award of nearly $600,000 will fund 12
engineering scholarships for academically qualified
and financially needy students (six in 2015 and six
in 2016) to pursue bachelor’s degree studies in
civil and mechanical engineering. The engineering
scholarships award was the fourth NSF grant
presented to Manhattan recently. The first recipients
of the NSF scholarships began this fall as freshmen
and were selected based on a minimum GPA of 3.5
and combined SAT score of 1200, as well as ranking
within the top 10 percent of their high school class.
The scholarship program will offer a variety of
cocurricular and extracurricular activities, designed
to help the students reach their maximum potential.
Last year, the Schools of Education and Health and
Engineering also received a NSF award, totaling
close to $300,000, to establish an Engineering
Scholars Training and Retention (STAR) Center,
which incorporates the creation of a minor in
engineering education for engineering students, a
certificate in engineering education for math and
science education majors, and a post-baccalaureate
certificate in engineering education for engineering
and education graduate students (all of which
will begin in fall 2016). Launched in 2015, the
STAR Center offers professional development
opportunities for current STEM educators, and
will help to fill a void for the current lack of
engineering training in middle and high school
teacher certification programs. Since the Center
opened its doors on campus, a number of students
have become engineering ambassadors to educate
the next generation of college students on STEM
concepts. One of the first visits to a high school
took place in early 2015 and consisted of a lesson
on how to create an electrical circuit using lemons,
pennies and paper clips, and another lesson on
aerodynamics.
More than 65 students from all academic disciplines presented their findings at the College’s third annual Research Scholars Presentation Day in September.
Backed by Bloomberg The College put the finishing touch on its state-of-the-art finance lab by partnering with Bloomberg for Education, which grants students and faculty in the School of Business unlimited access to the Bloomberg Professional Service.
The global 24-hour financial news and information service includes real-time and historic price data, financials data, trading news, analyst coverage and other professional analytic tools — exactly the kind of information that business majors need to succeed in a challenging employment industry.
With access to the same information and technology relied on by professionals all across the world, students will benefit from a fully integrative curriculum that allows them to develop both analytical and deci-sion-making skills using real events and real data.
Additionally, by gaining experience using Bloomberg technology, students have a competitive edge in a demanding employment industry.
In fact, seniors hoping to prove their competency also have an opportunity to take the Bloomberg Aptitude Test (BAT) on Manhattan College’s campus each semes-ter. The BAT is a standardized online exam that assess-es critical thinking across a variety of competencies. It enables test-takers to showcase their strengths to more than 25,000 investment and financial recruiters.
“The BAT helps students anonymously market them-selves to employers using the Bloomberg Talent Search,” says Natalia Boliari, assistant professor of economics.
“It’s a unique opportunity to be contacted for internship or employment positions in areas such as consultancy, accounting, insurance, investment banking, human resources, trading, analytics, and many others offered by companies from around the world.”
Bloomberg for Education is the final feature in Man-hattan College’s state-of-the-art finance lab, which is designed to mimic the professional instruments that graduates will see in the financial industry.
The lab is outfitted with a full-sized real-time stock ticker, two large flat panels TVs with scrolling financial data, and HP 8200 series desktops with 22-inch dual monitors that are also equipped with Morningstar Direct.
32 PRESIDENT’S REPORT
Partnering with Bloomberg for Education, the College put the finishing touches on its state-of-the-art finance lab, which is outfitted with a full-sized real-time stock ticker, two large flat panels TVs, and HP 8200 series desktops with 22-inch dual moni-tors that are equipped with Morningstar Direct.
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Speaking of STEM, longtime benefactor Dennis
Fenton ’73 and his wife recently established The
Linda and Dennis Fenton ’73 Endowed Biology
Research Fund, supported by a $1 million gift made
to the College. This fund will allow the College and
the Biology department to provide vital teaching
and research facilities and equipment to attract
and retain talented students and faculty. The
Linda and Dennis Fenton ’73 Endowed Biology
Research Fund will provide funds in perpetuity
to: support undergraduate biology research,
with a focus on students who are in the final two
years of their undergraduate training; provide
additional laboratory equipment as necessary for
the continued development of the biology research
program; support other undergraduate research in
conjunction with other professors in the Biology
department; and strengthen The Catherine and
Robert Fenton Endowed Chair in Biology to assist
in the current program, and enable the competitive
future recruitment of faculty. The Fentons also gave
$1.5 million to establish The Catherine and
Robert Fenton Chair in Biology, named in honor
of his parents, in 2004, which is currently held by
Lance Evans, professor of biology.
With the proliferation of “big data” — digital data
that gets stored and processed daily — there’s
a rising need for thought leaders in the field of
analytics. Manhattan College became a data
scientist destination as it hosted the first annual
Business Analytics Conference and Competition
(BAC@MC) from May 19-21. The events featured
industry leaders and included an exciting
opportunity for undergraduate students studying
business analytics or related fields to test their
knowledge and develop their skills. Competing
students engaged in the art and science of decision-
making, while practicing their ability to draw
business insights through comprehensive analyses
of data in creative ways. More than a dozen teams
each comprised of two to four undergraduates went
head-to-head in a two-phase contest that honed
their knowledge of analytics and were judged by a
panel of faculty advisers and practitioners. While the
Manhattan team did not win the competition, it was
a memorable and challenging test of their skills.
Even with all of these research opportunities
and academic challenges available on campus,
Manhattan students, as usual, had the chance to get
Manhattan College hosted the first annual Business Analytics Conference and Competition in May, where more than a dozen teams competed.
out of the classroom — and Riverdale — and to work
alongside faculty on projects around the globe.
In January 2015, 23 students enrolled in the
International Field Study Seminar course (MKTG 414)
spent their winter break in Frankfurt, home of the
European Central Bank’s new headquarters.
Germany has been such a significant economic
engine for the European Union that Carolyn
Predmore, professor of management and marketing,
thought students should experience its business
mindset and methodology firsthand. While there,
students participated in seminars with Deutsche
Bank, the Frankfurt Stock Exchange and J. Walter
Thompson, where they conducted research for a new
project with the advertising giant, and met with the
commercial attaché for the U.S. Consulate to learn
how that office acts as a business consultant for
companies that want to export business to Germany.
In addition, the 11 MBA students on the trip took part
in a six-hour seminar with GEFF, a startup company
that had engaged the Jaspers to create a business
evaluation and strategic plan. Included in the itinerary
was also a field trip to Stuttgart to visit with Porsche
and Mercedes, as well as time to do some sightseeing
in Heidelberg.
In the spring, eight veterans traveled to Paradise
Island, Bahamas, to study the science of stress
reduction and the art of relaxation at the Sivananda
Ashram, a center for yoga and meditation. The four-
day experience was part of a first-year course, The
Nature and Experience of Religion, led by Stephen
Kaplan, professor of religious studies. With the help
of Warriors at Ease, an organization that brings the
healing power of yoga and meditation to military
communities around the world, he developed a
special section of Religious Studies 110 that is
specifically tailored to veterans.
Meanwhile, a group of classmates led by Maria
Maust-Mohl, assistant professor of psychology,
also embarked on a trip to the Bahamas to explore
and research the behavior and communication of
dolphins in Bimini. In partnership with the Dolphin
Communication Project, an organization established
in 2003 that encourages “the scientific study of
dolphins with emphasis into understanding their
behavior, acoustics, communication, cognition,
ecology and more,” they collected data for two weeks.
Using Henry David Thoreau’s Walden as their guide,
34 PRESIDENT’S REPORT
In partnership with the Dolphin Communication Project, a group of Jaspers embarked on a research trip to the Bahamas to study the behavior and communication methods of dolphins.
PRESIDENT’S REPORT 35
12 Manhattan students traded in the commotion of city
life for the serenity of woods and water this summer. Led
by Philip Francis, assistant professor of religious studies,
The Good Life: Religion and the Environment (RELS 377),
took students to Georgetown Island off the coast of Maine
for two weeks to examine the tradition of returning to
nature in the context of classical literature.
Back in the classroom, the College continued and
strengthened its commitment to curricular innovation. In
2014-15, several schools launched new programs to further
meet students’ needs. The School of Education and
Health offers two advanced education programs aimed
at developing special education teachers specifically for
job placement in high schools. Students can pursue the
dual-focused program in adolescent and special education
or the generalist program focused on students with
disabilities in grades 7-12.
With a continued effort to advance STEM in the
classroom, the Mechanical Engineering program recently
launched six graduate certificates in biomechanics,
engineering management, energy systems, nuclear power,
green building engineering and aerospace/propulsion.
These certificates, open to graduate students and
professionals, provide the opportunity to focus on one
field and conduct research with an expert faculty member.
Recently, the School of Science started offering three new
programs in applied mathematics – data analytics: an
18-credit post-baccalaureate program; a five-year program
that includes a bachelor’s degree in mathematics and
master’s degree in applied mathematics – data analytics;
and a master’s program. These programs are based on a
curriculum of mathematics content designed to address
vital industry needs.
In keeping with the strategic plan’s goal to strengthen
graduate and continuing education studies, specifically,
to develop online and blended master’s and certificate
programs, the School of Business has made the transition
into the Master of Business Administration (MBA)
program a little simpler this past summer by rolling out a
series of online bridge courses designed to provide non-
business alumni with the prerequisite business education
to join the program. The set of six intensive online courses
can be completed in two, seven-week summer sessions.
In addition to the new programs, the College’s graduate
admissions process has received some attention and
re-envisioning this year. With an organic and steady
growth in graduate enrollment throughout the years and
lacking a centralized office to cater to this expanding
market, Manhattan created a new position — director for
As part of The Good Life: Religion and the Environment course, 12 students left the hustle and bustle of the city for coastal Maine to examine nature in the context of classical literature.
admissions for graduate programs and continuing
and professional studies. It was created specifically
to help bring greater coordination to a graduate
program that needs to consolidate efforts and
become more efficient to hit its growth targets.
According to the most recent census, the College
enrolls 435 grad students, but it’s looking to raise that
number to 1,000 during the next 10 years.
While not a new program per se, Manhattan
changed the name of its School of Arts to the
School of Liberal Arts, reflecting the school’s distinct
emphasis on a liberal arts curriculum in a variety
of disciplines. Often being mistaken for a visual
arts or a performing arts school, the name change
allows the school to clarify what it offers. The School
of Liberal Arts will continue to support Manhattan
College’s tradition of liberal inquiry, reflection on
faith in relation to reason, emphasis on ethical
conduct, and commitment to social justice by
offering diverse foundation courses for all students.
Mirroring our own distinctive dynamic, Manhattan
College became a part of The New American Colleges
and Universities (NAC&U), a national consortium
of independent colleges and universities dedicated
to the purposeful integration of liberal education,
professional studies, and civic engagement, in 2012.
NAC&U’s mission and focus aligns closely with that
of Manhattan College and are key reasons why the
College joined the consortium.
Since becoming a member, the College’s involvement
with the consortium has expanded with attendance
at various conferences and key participation by
President Brennan O’Donnell, Provost William
Clyde, administrators and faculty on projects,
surveys, benchmarking and programs that expand
student learning. Early on Heidi Laudien, associate
professor of English, and J. Patrick Abulencia,
associate professor of chemical engineering, joined
the NAC&U Campus Ambassadors program,
and Laudien currently co-chairs the program. As
ambassadors, Laudien and Abulencia, along with a
number of Manhattan faculty and administrators,
have attended the last few summer institutes to
explore and discuss new ideas.
Abulencia’s role at NAC&U has included organizing
a faculty professional development program, which
recently hosted an Early Career Faculty Institute at
Manhattan, pairing young faculty with senior faculty
36 PRESIDENT’S REPORT
mentors. In addition, Abulencia helped to create
an online introductory to engineering course for a
program within the University of Redlands.
Laudien’s participation in NAC&U has skyrocketed
during the past two years. As co-chair, she organizes
a monthly call with all of the ambassadors and
a daylong event at the institute. She also was a
contributor to NAC&U’s upcoming book The Power of
Integrated Learning: Higher Education for Success in Life,
Work and Society. On behalf of Manhattan College,
Laudien compiled, edited and wrote 12 submissions
for consideration.
Manhattan College looks forward to hosting the 2016
summer institute in June.
As part of The New American Colleges and Universities, Manhattan has taken a growing role in the consortium and looks forward to hosting its summer institute in 2016.
38 PRESIDENT’S REPORT
CELEBRATIONSOur many academic successes during the past year have certainly brought cause for celebration. At
Manhattan, there is no better event to showcase our accolades and mark our accomplishments than
Commencement.
Spring Commencement, which celebrates the achievements of our master’s candidates from the Schools
of Education, Engineering and Business, as well as both bachelor’s and master’s recipients from the School
of Continuing and Professional Studies, kicked off this year’s ceremonies on the sunny afternoon of May
16. In the College’s Draddy Gymnasium, nearly 200 graduates heard congratulatory remarks from Eugene
Bender ’15, who earned a master’s degree from the College’s Chemical Engineering program and delivered
the valedictory address, and Eileen Murray ’80, co-chief executive officer at the world’s largest hedge fund,
Bridgewater Associates LP. Murray served as this year’s keynote speaker and received an honorary Doctor
of Science.
The festivities continued on Sunday with the procession of more than 750 graduating seniors into
Draddy Gymnasium, where they received bachelor’s degrees in 40-plus fields of study. Addressing her
fellow classmates that day was valedictorian Kimsy Tor ’15, a first-generation student from Cambodia
who finished her Manhattan career with a 3.91 GPA and as president of the mathematics honor society,
Pi Mu Epsilon. The class of 2015 also gleaned advice from the College’s honored speaker and Doctor of
Humane Letters recipient, David J. O’Brien, professor emeritus of history and Catholic Studies
at the College of Holy Cross. President Brennan O’Donnell then concluded the 172nd Commencement
ceremonies with a benediction for the College’s newest alumni.
David J. O'Brien
NOTABLE LECTURESMajor Author Reading Series (M.A.R.S.)
The College’s Major Author Reading Series (M.A.R.S.) continued its tradition of bringing some of
the literary world’s most renowned poets, novelists and essayists to campus in the fall of 2014 with a
presentation by acclaimed poet Jen McLanaghan. Her reading preceded that of Ben Marcus, an acclaimed
short-story writer, and poet Erica Dawson. Kicking off the spring series was renowned literary figure Meena
Alexander, in February, before poet Gregory Fraser took the stage, and Manhattan alumnus Gianmarc
Manzione ’02 returned to campus to give the College community a sneak peak into his highly acclaimed
first novel, Pin Action: Small-Time Gangsters, High-Stakes Gambling, and the Teenage Hustler Who Became
a Bowling Champion. The M.A.R.S. series concluded on April 16 with fiction writer Michael Garriga.
Center for the Study of the Future of Education Lectures: Ruby Payne and Jonathan Kozol
Ruby Payne, who offered strategies for raising student achievement and overcoming economic class
barriers, honored the campus community with a visit on March 25. A former high school teacher, principal
and current educational consultant, Payne discussed A Framework for Understanding Poverty, which is also
the name of her best-selling work, released in 1996.
On April 22, Jonathan Kozol brought to Manhattan a wealth of knowledge stemming from his work with
children in inner-city schools for nearly 50 years. His talk, titled The Shame of the Nation: Race, Poverty and
Inequity in Our Urban Schools, focused on present-day challenges faced by teachers and students alike. The
education professional and National Book Award winner also discussed Savage Inequalities, Death at an
Early Age, The Shame of the Nation and Amazing Grace, in addition to other works.
Both lectures were held in conjunction with the College’s newly launched Center for the Study of the Future
of Education to raise awareness on the complex issue of poverty and its impact on education.
Aquinas Lecture: Stephen Pope and Michael Spezio
Stephen Pope, a theology professor at Boston College, was joined by Michael Spezio, a psychology
professor at Scripps College, to speak at the College’s annual Aquinas Lecture in March. The two
discussed connections between neuroscience, conscience and moral theology at the event, which is
named after Catholic philosopher St. Thomas Aquinas and touches on a myriad of liberal arts topics,
including philosophy and religious studies.
Gregory Fraser Jonathan Kozol
40 PRESIDENT’S REPORT
Christen Lecture: Kevin McBride
Kevin McBride, who serves as director of research at the Pequot Museum in Mashantucket, Conn., and
associate professor of anthropology at the University of Connecticut, delivered the Robert J. Christen
Lecture on March 30, during which he presented his findings as the archeologist conducting fieldwork on
the Pequot War. He discussed his fieldwork, which involves battlefield archeology, as well as the field study
programs he oversees for graduate students on the Mashantucket Pequot Reservation in Connecticut. The
lecture served as part of the Robert J. Christen Program in Early American History and Culture, named after
a longtime professor of the College in 1986.
Youth Homelessness and Human Trafficking Lecture: Kevin Ryan
In February, Kevin Ryan, president of Covenant House, a nonprofit organization providing care and vital
services to youth who are homeless, abandoned, abused and trafficked, spoke at the College about efforts
to help these individuals. Ryan is a lawyer, author and activist who, since becoming president in 2009, has
strived to make health insurance, education and job-skill training more accessible to underprivileged youth.
Ryan’s presentation was sponsored by Campus Ministry and Social Action, the Labor Studies department,
Career Pathways, Lasallian Outreach Collaborative, Catholic Relief Services Campus Ambassadors and
LGBT Friends and Allies.
Sociology Lecture: Sean Seepersad
Co-sponsored by the Manhattan College sociology department, Sean Seepersad, current president and
CEO of the Web of Loneliness Institute, Inc. delivered a talk on February 12, entitled Unmasking the Many
Faces of Loneliness and How It Connects Us Together. The lecture referred to the goals of the nonprofit
organization, which are to reduce loneliness globally through awareness building, research, intervention
and consulting, and explored ways that modern society makes us more connected and disconnected at the
same time. In addition to his role at the nonprofit, Seepersad is an adjunct professor at the University of
Connecticut.
Schweitzer Lecture: Murray Baumgarten
In November of 2014, the College’s Holocaust, Genocide and Interfaith Education (HGI) Center welcomed
Murray Baumgarten, a distinguished professor of English and comparative literature and co-director
of Jewish studies at the University of California, Santa Cruz. His talk, The Letters Propelled Me: Resisting
Kristallnacht Then and Now, focused on the effect of violence against German and Australian Jewish people
on November 9-10, 1938, and was given as part of the College’s seventh annual Frederick M. Schweitzer
Lecture. In addition to a number of books, Baumgarten has also written several essays on modern Jewish
writing, Holocaust literature and Victorian culture.
Aquinas Lecture
Communication Lecture: Barbara Rosenblat
A distinguished voice artist with more than 500 audio books and an actress whose most recent accolades
include her performance as Miss Rosa Cisneros on Netflix’s Orange is the New Black, Barbara Rosenblat
came to campus last November to discuss her life and career. Her lecture was presented by the College’s
communication honor society, Lambda Pi Eta, and also involved her advocacy for the Ali Forney Center,
an organization working to guide gay, lesbian and transgender youth in their transition from adolescence
to adulthood.
Costello Lecture: Meghan Roberts
Presenting the 14th annual Costello Lecture on September 29 was Meghan Roberts, visiting professor
of history from Bowdoin College. A historian of early modern Europe with a particular interest in the
development of medicine and science, Roberts led the talk entitled Savant Spouses: Love, Marriage and
Collaboration in Enlightenment France. Since 2011, Roberts has been awarded several esteemed fellowships,
including the Jacob K. Javits Fellowship from the Department of Education and a Millstone Fellowship from
the Western Society for French History. The Costello Lecture series was established to honor the memory of
Brother Casimir Gabriel Costello, FSC, a former history professor at the College.
Cardinal Newman Lecture: Andrew Delbanco
Andrew Delbanco, a published author and the Julian Clarence Levi Professor at Columbia University,
delivered the College’s fifth annual Cardinal Newman Lecture in September 2014. Among other things,
his talk delved into the findings of research he has conducted as director of Columbia’s American Studies
department, which focuses on the increased emphasis society places on the value of higher education
when it comes to offering students the greatest return on investment. The goal of this lecture series,
which was launched after the beatification of Cardinal John Henry Newman in 2010, is to highlight the
importance of a liberal arts education to a student’s overall undergraduate career.
Murray Baumgarten Barbara Rosenblat
RANKINGS Although our success as a college is measured in more ways than our rankings, it is satisfying to know that
our efforts in support of excellence throughout the College are capturing the attention of others.
We were excited to see the College ranked so highly in the new report, Beyond College Rankings, by the
Brookings Metropolitan Policy Program this year. New data and analysis of two- and four-year schools
released by Brookings highlighted how well Manhattan College prepares students for successful careers.
Placed just ahead of Stanford, Manhattan ranks in the top 10 with Cal Tech, Colgate, MIT, Rose-Hulman,
Carleton College, Washington and Lee, SUNY Maritime and Clarkson.
Accounting for demographic and geographic characteristics, the report predicted mid-career graduates
of Manhattan to earn an average annual salary of $72,701, whereas the actual average salary is $110,800,
accounting for a 42 percent salary boost. Manhattan College received a score of 99 out of 100 in value-
added with respect to mid-career earnings of the typical graduate, and also scored a 98 in value added with
respect to the occupational earnings power of the typical graduate.
In the latest U.S. News & World Report’s America’s Best Colleges 2016 survey released in September,
Manhattan College was ranked No. 17 among the best regional universities in the North, a spot above its
ranking in 2014. This is the ninth year in a row that Manhattan has placed in the top 20 out of 138 schools
ranked in the category. For the first time, U.S. News also recognized Manhattan College as a top college for
veteran students.
With the rising cost of education, we’ve found that students and their families are increasingly asking the
value question: What will we get in return for our investment in college? Our return on investment (ROI)
numbers stand on their own, and constitute our best argument that our distinctive brand of education, and
our combination of liberal arts and pre-professional studies, produces successful graduates.
In Payscale’s 2015 College Return on Investment Report: Best Value Colleges, Manhattan College ranked
No. 18 among private colleges in the nation for offering bachelor’s degrees with value, and 33rd overall
among 1,223 private and public institutions. Manhattan College also ranked as the third highest college for
ROI in New York State, as well as second among religiously affiliated schools.
Payscale also recognized Manhattan College as one of the leading colleges and universities for post-
graduate earnings in its 2014-2015 College Salary Report. The College was ranked No. 22 out of more than
1,000 colleges and universities, and No. 1 among Catholic institutions in the alumni salary category. The
report showed that Manhattan graduates average an early starting salary of $57,000 and a mid-career
salary of $115,900.
TOP 1%FOR PROVIDING A HIGH ROI1
$57KAVERAGE STARTING SALARY2
$115KAVERAGE MID-CAREER SALARY3
42 PRESIDENT’S REPORT
Another newcomer, Money magazine released its
inaugural Best Colleges list in July 2014, and ranked
Manhattan College No. 40 among 665 colleges and
universities that offer value for educational investment.
This is the first time Money magazine has conducted
the Best Colleges ranking, which evaluates educational
quality, affordability and career outcomes to help families find the right school at the right price. Manhattan
College also placed sixth in the “25 Colleges That Add the Most Value” category, which factors in the
percentage of students who complete college and the average alumni salary.
In addition, The Daily Beast placed Manhattan among the top 25 institutions in the country for return on
investment in November 2014, citing the College for providing graduates an opportunity to earn a strong
starting salary and mid-career average salary. The College was the only religiously affiliated school on a list
dominated by Ivy League schools, public flagships such as the University of California, Berkeley, and private
research universities including Duke, MIT, Stanford and Vanderbilt. According to The Daily Beast rankings,
the average starting salary for Manhattan College graduates was $57,500, and the mid-career average salary
was $110,800.
Our consistently high ROI rankings are proof of our graduates’ comparative success, but another award is proof
of our students’ strong leadership skills and activism. myActions, the leading student-powered college network
for sharing sustainable and socially responsible actions, announced that Manhattan College received silver level
recognition for the Student Actions Awards for the 2014 fall semester. The award honors undergraduate schools
for student-demonstrated leadership, momentum and impact of green, caring and healthy actions. myActions,
which became known as Purposeful Networks, announced that the College was one of 125 schools to receive a
Student Action Award for the 2015 spring semester, too.
9THAMONG COLLEGES FOR
VALUE-ADDED EDUCATION4
Sources: 1. AffordableCollegesOnline.org; 2. Payscale.com; 3. Payscale.com; 4. Brookings Metropolitan Policy Program; 5. U.S. News & World Report.
TOP 20OF AMERICA’S BEST REGIONAL UNIVERSITIES IN THE NORTH5
44 PRESIDENT’S REPORT
FACULTY AWARDSKevin Ahern, Religious Studies Catholic Press Association Award for Best Book on the 50th Anniversary of Vatican II for Visions of Hope: Emerging Theologians and the Future of the Church
Poonam Arora and Janet Rovenpor, Management and Marketing Best paper award at the sixth Development of Leadership Capacity Conference at Lancaster University in Lancaster, United Kingdom
Nicole Leo Braxtan and Goli Nossoni, Civil and Environmental EngineeringGerald R. Seeley Paper Award from the American Society for Engineering Education
Pamela Chasek, Government Fourth Annual Sigma Iota Rho Outstanding Faculty Advisor Award for leading the College’s Beta Eta chapter
Jennifer Edwards, History 2015 William Koren, Jr. Prize for her article “My Sister for Abbess: 15th-Century Power Disputes over the Abbey of Sainte-Croix, Poitiers,” published in the Journal of Medieval History
George Giakos, Electrical and Computer Engineering 2014 recipient of the IEEE-USA Professional Achievement for Individuals Award
Brother Raymond Meagher, FSC, EducationDistinguished Lasallian Educator Award by The Brothers of the Christian Schools, District of Eastern North America
Andrew Skotnicki, Religious Studies Distinguished Lasallian Faculty Award
Domenika Wronzynski, English First place winner of the Warriors Anthology Writing Competition (Southeast Missouri State University Press) for her poem Retrieval
NEW ADMINISTRATORS Susan AstaritaRegistrar
Shawna Bú ShellProgram Director for Instructional Design and Delivery
Elizabeth JenksDirector of Grants Administration
Matthew McMannessVice President for Finance and Chief Financial Officer
Suzana PavisicDirector of Admissions for Graduate Programs and Continuing and Professional Studies
Pamela Chasek George Giakos
MANHATTAN COLLEGE 2014-15 FINANCIAL REPORTManhattan College ended its 2014-15 fiscal year in a strong financial position; reflecting careful and strategic
budget planning; steady, incremental growth in enrollment; and continuing increases in contributions and
investment earnings
Net Assets
Net Assets are the difference between the College’s
assets and its liabilities. As of June 30, 2015, the
value of Manhattan College’s net assets totaled
$200.7 million. Of this amount, $122.8 million was
unrestricted, $31.3 million was temporarily restricted,
and $46.5 million was permanently restricted.
ASSETS 2014 2015
Cash and Cash Equivalents $39,999,888 $48,628,822
Accounts Receivable* $1,098,993 $1,000,835
Government Grants and Other Receivables $947,875 $679,416
Contributions Receivable, Net $1,108,500 $41,838
Prepaid Expenses and Other Assets $362,679 $575,026
Investments $80,600,432 $77,935,283
Other Receivables** $1,136,310 $1,099,138
Funds Held by Bond Trustee $12,887,105 $15,694,172
Property, Plant and Equipment, Net $169,750,683 $169,346,392
TOTAL ASSETS $307,892,465 $315,000,922
LIABILITIES AND NET ASSETS 2014 2015
Liabilities:
Accounts Payable and Accrued Expenses $10,391,570 $8,064,738
Deferred Revenues and Student Deposits $10,126,014 $11,866,534
Liability Under Planned Giving Agreements $1,170,151 $1,107,362
Long-Term Debt $93,644,549 $90,451,701
Asset Retirement Obligation $1,604,000 $1,637,000
U.S. Government Grants Refundable $1,221,672 $1,221,672
TOTAL LIABILITIES $118,157,956 $114,349,007
Net Assets:
Unrestricted $98,134,976 $122,816,234
Temporarily Restricted $47,380,328 $31,294,292
Permanently Restricted $44,219,205 $46,541,389
TOTAL NET ASSETS $189,734,509 $200,651,915
TOTAL LIABILITIES AND NET ASSETS $307,892,465 $315,000,922
* Net of allowance for uncollectible amounts of $885,983 in 2015 and $1,032,881 in 2014.
** Net of allowance for uncollectible amounts of $90,000 in 2015 and 2014.
Change in Net Assets
The College’s net assets grew by $10.9 million in
2014-15, an increase of 6%. Since 2009, the College’s
net assets have grown steadily, from $126 million to
more than $200 million, an increase of more than
50%.
46 PRESIDENT’S REPORT
MANHATTAN COLLEGE REVENUES, FISCAL YEAR 2014 -2015
Total Revenues $131 Million
This includes $118 million in unrestricted revenues, $10 million in restricted revenues,
and $3 million in permanently restricted revenues.
REVENUES
Manhattan College received $130.4 million in revenue in 2014-2015, of which $118.1 million of these revenues
were unrestricted, $10 million was temporarily restricted (i.e., designated by donors and other contributors to
support specific programs and activities), and $2.3 million was permanently restricted revenue, which went to
augment the College's endowment.
The College’s revenue increased by 6% in 2014-15 compared to 2013-14, after adjusting for the 2014 financial
market recovery and a one-time non-recurring investment income item.
At $79 million, student tuition and fees represented 61% of the College's 2014-2015 revenues (net of College
-provided financial aid). Another 25% of revenue ($32 million) was generated by the activities of the College's
auxiliary enterprises, 9% came from contributions, 2% came from investment income, 2% came from
government grants and contracts, and 1% came from all other sources.
Figures are represented in
millions.
Investment Income
Government Grants and Contracts
$32
Auxiliary Enterprise
$79Tuition and Fees (Net)
$12Contributions
$3$3
$2All Others
MANHATTAN COLLEGE EXPENDITURES, FISCAL YEAR 2014 -2015
EXPENDITURES
Higher education costs for wages and salaries, health benefits, utilities, deferred maintenance, capital
development and information technology continue to generate increases in expense for the College.
The 2014-2015 budget reflects significant expense increases in all of these categories representing a
9% increase over 2013-2014.
The largest area of expenditure in 2014-2015 was instruction, which at $41 million represented 34% of total
College expenditures. Other major expenditure areas were student services ($22.3 million, 18% of total
expenditures); auxiliaries such as residence halls, food services and college store ($21.5 million, 18% of
total expenditures); and institutional support ($22.2 million, 18% of total expenditures).
$1
Research and Sponsored Programs
Figures are represented in
millions.
$22Institutional Support
$41
Instruction
$22Student Services
$22
Residence Life, Food Service, etc.
$12
Academic Support Services
MANHATTAN COLLEGE MARKET VALUE OF ENDOWMENT, JUNE 30, 2007-2015
MANHATTAN COLLEGE ENROLLMENT, FALL 2009 TO FALL 2014 (includes School of Continuing and Professional Studies)
2007 2008 2009 2010 2011 2012 2013 2014 201530
35
40
45
50
55
60
65
70
75
2009 2010 2011 2012 2013 2014 2015
2,500
2,700
2,900
3,100
3,300
3,500
3,700
3,900
4,100
152
132
49
2,962
134
156
52
2,913
131
182
144
3,006
144
190
117
3,141
157
197
115
3,195
150
230
109
3,267
252
201
98
3,369
Graduate PT (FTEs)
Graduate Full Time
Undergraduate PT (FTEs)
Undergraduate Full Time
48 PRESIDENT’S REPORT
ENDOWMENT
The market value of Manhattan College's endowment, including reinvested earnings, increased steadily
from 2009 until 2015. In 2015, the College experienced a growth of its endowment value from approximately
$73 million in 2014 to $76 million in 2015, an increase of just over 4% compared to the market valuation
12 months earlier.
ENROLLMENT
Total full-time equivalency (FTE) enrollment has grown by almost 20% at Manhattan since 2009 and now is
approaching 4,000, including more than 3,300 full-time undergraduate students. The College's strategy is to
encourage incremental steady growth in enrollment appropriate to the College's resources and mission. Growth
has occurred primarily in the categories of full-time undergraduate and part-time graduate.
On opposite page:
MANHATTAN COLLEGE TOTAL CONTRIBUTIONS RAISED, FISCAL YEAR 2014 -2015
45%
31%
15%
6%3%
Alumni
Trustees
Parents and friends
Corporations and Foundations
Estates
TOTAL RAISED $14.06 MILLION
50 PRESIDENT’S REPORT
ALUMNI PARTICIPATION RATE
OVERALL FUNDS RAISED, FISCAL YEARS 2010-2015
2010 2011 2012 2013 2014 2015 $0
$2
$4
$6
$8
$10
$12
$14
$16
$18
Figures are represented in millions.
2010 2011 2012 2013 2014 2015 10%
11%
12%
13%
14%
15%
16%
17%
18%
Manhattan College U.S. News Peers
BOARD OF TRUSTEES
CHAIRMAN
Kenneth A. Rathgeber ’70Retired Executive Vice President & CCO Fidelity Investments
John Banks III ’85President Real Estate Board of New York
Renato Berzolla ’65President Lux Engineering
Patrick G. Boyle ’75, ’82Retired Executive Vice President New York Life Investment Management
Frank G. Byrne, FSCPresident Christian Brothers Academy
Gerard Caccappolo ’63Retired CEO Ebone
Clare A. Cunniffe ’81Vice President US Financial Services, Informatica Corp.
William N. Dooley ’75Executive Vice President Financial Services & Asset Management, American International Group
Thomas Farrell ’83Senior Managing Director Tishman Speyer
William Hannon ’69Executive Vice President/Chief Risk Officer Travelers Companies, Inc.
Cornelius J. Higgins ’62Retired CEO & Co-Chairman Applied Research Associates, Inc.
Moira A. Kilcoyne ’83Co-head of Global Technology and Data Morgan Stanley
John V. Magliano ’66Chairman Emeritus Syska Hennessy Group
Br. Dennis Malloy, FSCProvincial District of Eastern North America of the Brothers of the Christian Schools
Br. William Mann, FSCPresident St. Mary’s University of Minnesota
Rosanne Thomas Matzat ’82Partner, Bankruptcy Department Hahn Hessen, LLP
Marybeth McCall ’74Vice President and Chief Medical Officer Excellus BlueCross BlueShield
Br. Michael J. McGinniss, FSCPresident Emeritus, Professor of Religion La Salle University
John McMaster ’78President for Preparedness Health & Safety Services, American Red Cross
Peter M. Mulderry ’87Managing Director of Marketing/Client Services Highfields Capital Management
Peter Musumeci Jr. ’72Consultant MetroBank (London)
Brennan O’DonnellPresident Manhattan College
Kenneth W. Orce ’65Retired Executive Committee Member & Partner Cahill Gordon & Reindel LLP
Michael Paliotta ’87Managing Director Credit Suisse
Michael J. Passarella ’63Retired Partner PricewaterhouseCoopers LLP
Michael J. Regan ’63Retired Vice Chair & CAO KPMG LLP
Anthony Scala Jr. ’74President Lowy & Donnath Inc.
Br. Robert J. Smith, FSCVice President Schools of Graduate and Professional Programs, Saint Mary’s University of Minnesota
Stephen J. Squeri ’81, ’86Group President of Global Corporate Services American Express
Margaret T. Walsh ’79President Manhattan College Alumni Society
As of fiscal year 2014-2015.
ADMINISTRATION
Brennan O’DonnellPresident
William ClydeExecutive Vice President and Provost
Salwa Ammar Dean of the School of Business
Keith Brower Dean of the School of Liberal Arts
Cheryl Harrison Executive Director of the School of Continuing and Professional Studies
William Merriman Dean of the School of Education and Health
Constantine Theodosiou Dean of the School of Science
Tim Ward Dean of the School of Engineering
William BissetVice President for Enrollment Management
Br. Jack Curran, FSCVice President for Mission
Barbara FabéVice President for Human Resources
Matthew McMannessVice President for Finance & CFO
Thomas MaurielloVice President for College Advancement
Andrew RyanVice President for Facilities Management
Richard SatterleeVice President for Student Life
Michael Carey Dean of Students
4513 Manhattan College ParkwayRiverdale, NY 10471