President Boone reports news following Board of Trustees
A positive spirit characterized the spring meeting of the Trevecca Board of Trustees, and the Board’s actions are very exciting to me because they are indications of incredible opportunities for Trevecca’s future.
1. Trustees unanimously approved the nomination of alumna Holly Whitby as the new dean of enrollment management. Holly has a deep history with Trevecca and a passion for selling Trevecca to prospective students.
2. Trevecca’s endowment fund recently broke the $25-million mark for the first time. Board members challenged one another and administrators to double that total over the next five years.
3. Because of the discipline of the campus community, the University is on track to complete the current fiscal year successfully and in the black.
4. The Board adopted a solid budget of $38.2 million for the 2014-2015 year.
5. Because students are a priority, student financial aid was held at a record level of $10 million per year. The administration chose to reduce expenditures to enable the university to maintain a balanced budget.
6. The equivalent of 15 positions, primarily through retirements and transitions, were eliminated. This number of reduced positions is consistent with the average number of annual employee transitions in past years.
7. The Board gave approval to continued development of the Walden Woods at Trevecca residential development on the east edge of the campus and adjacent to the athletic fields. First priority for sales of these residences will be to individuals who are interested in entering into a life estate with Trevecca whereby the residence reverts to the University upon the death of the owner.
8. The Board has approved the budget and design of the Millard Reed Bell Tower, a $700k campus improvement to begin in May. This structure, which comes from a private gift, will stand 71 feet high and serve as a signature icon for the campus and its center quad.
9. To continue to develop the Trevecca brand, the University will launch a new website this summer to rebrand www.trevecca.edu; that site will focus on prospective students and will use the overall slogan, “A Christian University in the Heart of Nashville.”
10. More undergraduate students are enrolled in Trevecca this spring than in the history of the institution—with a record housing occupancy.
I am into my ninth year as president of Trevecca, and the goal of my efforts as president is to ensure the longevity and strength of this institution. I believe that the campus community, the Board, and Trevecca’s administrative team are working with me to achieve that goal.
President, Trevecca Nazarene University