President’s Report to Faculty
November 14, 2012
John L. Anderson
Annual Report to the
Board of Trustees
See the IIT website - President’s page
http://www.iit.edu/president/speeches_annual_reports.shtml
Highlights 2011-12
• Balanced budget including $4M in capital renewal
• Good fundraising and excellent alumni relations
• 2610 full time UGs fall 2012 – highest since 1983
• Retention: 1st2nd yr = 91%, 1st3rd 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)
Goals 2012-13
• 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
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.
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
2011/2012 Placement Report
Percentage
100
90
80
70
60
50
40
30
20
10
0
90
89
88
86
83
79
69
57
77
Student Placement
Fueling Innovation: By the Numbers
3
3
3
13
43
900
2,030
6,924 and 3,247
$35,280.98
Gifts of $10M
Goals of the campaign
Months until the public launch of the campaign
Endowed chairs
Alumni gifts of $100K or more in this campaign
Visits by deans and faculty with alumni and other potential donors
First-time alumni donors
Alumni attendees at IA events, and number of first-time attendees
Student Gift Campaign three-year results = 7 new drinking
fountains, 62 new reserve books, and 7 pieces of furniture
for the MTCC courtyard
$21,146,481.31
$79,908,348
$117+ million
Financial aid—scholarships and fellowships
Gifts from the Board of Trustees
Total raised since June 1, 2010 campaign kick-off
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
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.
Administrative Actions
• Parking – lessons learned
• Office moves from Main Building
• Compliance committee
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
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, 9th Floor
• Controller, Purchasing, Payroll: Tech Central, 4th Floor
• Grant and Contract Accounting: Tech Central, 4th Floor
• Student Accounting: Tech Central, 4th Floor
Athletics at IIT
• Transition to NCAA Division III
-
Exploratory phase this year
Four years provisional
• New sports
- Men’s Basketball (Fall 2012)
-
Women’s Basketball (Fall 2013)
Women’s Lacrosse (Spring 2014)
• Artificial turf on “soccer” field summer 2013
• Continue to improve Keating Hall
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