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Presidents Report to Faculty November 14, 2012 John L. Anderson.

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Presentation on theme: "Presidents Report to Faculty November 14, 2012 John L. Anderson."— Presentation transcript:

1 Presidents Report to Faculty November 14, 2012 John L. Anderson

2 Annual Report to the Board of Trustees See the IIT website - Presidents page

3 Highlights Balanced budget including $4M in capital renewal Good fundraising and excellent alumni relations 2610 full time UGs fall 2012 – highest since 1983 Retention: 1 st 2 nd yr = 91%, 1 st 3 rd yr = 84% 43 new faculty (17 tenure track), filled 3 endowed chairs New Dean of Architecture Stuart School back on campus Press conferences (Mayor twice, Governor once)

4 Goals Balanced budget including $5M in capital renewal 2750 full time UGs fall 2013 Continue to hire faculty Strategic Plan for Marketing Continue fundraising and alumni relations Develop programming and design of Innovation Center

5 Innovation Center About 100,000 square feet, $40M Initial gift Space allocated by Provost Mission: As the place on campus where faculty, students, and creative leaders from private enterprise will interact and exchange ideas, the Innovation Center will allow us to realize our vision of distinctive education: developing leadership and teamwork skills in multidisciplinary environments, encouraging entrepreneurial activities, and integrating design methods into the curriculum.

6 Challenges Facilities and deferred maintenance Visibility and reputation 3500 full time UGs -Maintain student quality -Recruit nationally -Need faculty help in student yield during on-campus visits Maintain graduate enrollment Develop a new Strategic Plan

7 2011/2012 Placement Report Percentage

8 Student Placement

9 Fueling Innovation: By the Numbers 3 Gifts of $10M 3 Goals of the campaign 3 Months until the public launch of the campaign 13 Endowed chairs 43 Alumni gifts of $100K or more in this campaign 900 Visits by deans and faculty with alumni and other potential donors 2,030 First-time alumni donors 6,924 and 3,247 Alumni attendees at IA events, and number of first-time attendees $35, Student Gift Campaign three-year results = 7 new drinking fountains, 62 new reserve books, and 7 pieces of furniture for the MTCC courtyard $21,146, Financial aids cholarships and fellowships $79,908,348 Gifts from the Board of Trustees $117+ million Total raised since June 1, 2010 campaign kick-off

10 Fueling Innovation: Faculty Support $27.2 M Endowed Chairs and Faculty Support $21.3 M Research and Entrepreneurship $7.6 M Facility Renovations, Equipment Funds and Innovation Center

11 China Gatherings Alumni from six countries gathered for the biennial Asia Alumni Association meeting and inaugural ceremony of IIT China Alumni Association. The program included a joint symposium with BIT on Innovation, IP, and wealth.

12 Administrative Actions Parking – lessons learned Office moves from Main Building Compliance committee

13 Parking Services Added Based on Customer Feedback Moped/Motor Scooter/Motorcycle Parking Carpool Registration Parking Waitlist Extended Evening Parking Access Developing discounted parking options for occasional use by faculty and staff

14 Office Moves from Main Building Students: Accounting, Financial Aid and Registrar (next to The Commons) – One Stop Shopping Undergrad Academic Affairs: IIT Tower, 2nd Floor International Center: MTCC, Room 203 Graduate College and Research: IIT Tower, 7th Floor Marketing and Communications: IIT Tower, 4th Floor Human Resources: IIT Tower, 9 th Floor Controller, Purchasing, Payroll: Tech Central, 4th Floor Grant and Contract Accounting: Tech Central, 4th Floor Student Accounting: Tech Central, 4th Floor

15 Athletics at IIT Transition to NCAA Division III -Exploratory phase this year -Four years provisional New sports - Mens Basketball (Fall 2012) -Womens Basketball (Fall 2013) -Womens Lacrosse (Spring 2014) Artificial turf on soccer field summer 2013 Continue to improve Keating Hall

16 Good News No increase in medical employee payments for next year Commencement - Saturday, May 18, 2013: Kevin Willer, President & CEO of the Chicagoland Entrepreneurial Center delivers keynote address

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