2014 - 2015 president's report

PRESIDENT’S REPORT 2 0 1 4 -2 0 1 5

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

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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.


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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.


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.


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


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.


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.


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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


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.


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.


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.


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.


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.


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.


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.


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“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


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.


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,


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.


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


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.


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


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


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


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%.


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


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


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

2014 - 2015 president's report

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