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Mount Marty College
Annual Report 2011-2012
76
Mount Marty College
Get To Know Us
This report will provide a snapshot of the financial operations of Mount Marty College for last fiscal year. I am pleased to report that the College has remained fiscally sound during the period covered by this report (July 1, 2011 to June 30, 2012). We remain committed to keeping our costs as low as possible and to providing an affordable private Catholic liberal arts education. As such nearly all of our students receive some form of financial aid. Your generosity through gifts to Mount Marty College greatly assists us in keeping the College accessible to students in the region.
We continue with implementation of facility improvement plans as well as introduction of high quality academic programming that position our students for success. Your support and partnerships make these things possible.
We, at Mount Marty College, thank you for your continued interest and support. Please take advantage of the many activities that are held on campus that showcase the talents of our faculty, staff and students. The future is bright and we look forward to having you share it with us.
Sincerely,
Joseph N. Benoit, Ph.D.President
Mount Marty College, located in Yankton, South Dakota, is a Catholic,
Benedictine, coeducational institute of higher learning founded in 1936
by the Sisters of Saint Benedict of Yankton, South Dakota.
In keeping with the Benedictine tradition, the college exists
as a community of learners. Primary emphasis is placed on
the development of each person as a complete human being with
intellectual competence, professional and personal skills, and a composite of moral, spiritual, and social values.
Mount Marty Collegeat a Glance
Dear Alumni & Friends,
UndergraduateDegreesOffered28
AverageClassSize 25
Students Receiving Financ
ial
Aid
99%
2.5
Starting Points forM M C A C A D E M I CSCHOLARSHIPS
gpa act sat21 980Average Financial Aid P
acka
ge
Gr
ad
uat e P l a c e m e n
t R
ate
96%
Top 1/3 for ret u rn o n investment o f a l l S D Colleges & Universities
Fast Facts
A Liberal Arts College in theCatholic, Benedictine Tradition
Where Education and Values Converge
- Anna Kollasch, Pre-Professional, Class of 2015
...while making an impact in a variety of activities. Since we have such a strong community at MMC, I feel like everyone is trying to help the students be the best they can be in preparation for a world of work. I believe in MMC because the MMC community believes in me.”
“Mount Marty College is the perfect fit for me. It has given me the opportunity to pursue a challenging major...
Mount Marty College
Financial Position
What We Spent
How We Spent It
$13,689,954 ($12,930,883)
35.9%
4.1%
14.4%
17.6%
10.2%
10.3%
7.5%
Instruction$4,908,612 ($4,794,366)
Academic Support$566,871 ($484,889)
Student Services$1,973,118 ($1,772,970)
Institutional Support$2,413,095 ($2,191,522)
Auxiliary Enterprises$1,390,102 ($1,240,213)
Operational/Power Plant$1,408,866 ($1,394,187)
Depreciation$1,029,290 ($1,052,736)
(Total Educational & General Expenditures)
(Compared to FY 2011)
(31.7%)
(3.7%)
(13.7%)
(16.9%)
(9.6%)
(10.8%)
(8.1%)
Mother Jerome SchmittScholarship Recipient
Daniel Filsinger
This award is a prestigious, full tuition scholarship awarded to a senior every year based on scholastic achievement, participation, and contribution to the academic and civic community, along with faculty recommendations.
The scholarship is presented in honor of its namesake, Mother Jerome Schmitt. Mother Jerome assisted in opening Mount Marty Academy in 1922, where she taught for ten years. In 1932 she was elected Prioress of Sacred Heart Convent and under her leadership, Mount Marty Junior College began in 1936. She then served as MMC’s first president from 1936-1957.
The Mother Jerome Schmitt Scholarship is the most elite scholarship a student can receive while attending MMC.I am proud to represent all that Mother Jerome did for the college and hope I can help to further her vision for it.”
“Receiving this scholarship is just one of the many blessingsthat I have received in my time at Mount Marty.
The Mother Jerome Schmitt
PresidentialScholarship
- Daniel Filsinger, 2012-13 Mother Jerome Schmitt Scholarship Recipient
Mount Marty College
Board of Trustees (2012-2013)
ChairMs. Jean Reed
Vice ChairHon. Tom Harmon
SecretaryS. Clarice Korger
TreasurerMr. Michael Healy
S. Penny Bingham
Fr. James Bream
S. Mildred Busch
Dr. William Cahoy
Ms. J.P. Duniphan
Mr. Chad Ekroth
S. Ramona Fallon
S. Joyce Feterl
Dr. Richard Foster
Ms. Peggy Frank
S. Louise Marie Goettertz
Ms. Arlene Heine
Ms. Kitty Higgins
Dr. Al Kurtenbach
Ms. Gerry Likness
S. Norma Norton
Dcn. John Osnes, Ph.D.
Mr. Steve Slowey
Mr. Dan Specht
Mr. Scott Swier
Mr. Patrick Wieseler
Mr. James Wintz
Mr. Jeff Wolfgram
Joseph N. Benoit, Ph.D.
= 28+
Endowment Net Assets (End of Year)$16,000,000
$12,000,000
$8,000,000
$4,000,000
$02003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Net Tuition & FeesContributionsFederal & State GrantsEndowment IncomeAuxiliary EnterprisesOther
ABCDEF
fy12
B:6.9%$893,896
C:3.5%$444,470
D:0.0%$0
A:67.4%$8,673,197
E:20.3%$2,618,866
F:1.9%$245,730
fy11
B:7.7%$990,170
C:3.4%$435,686
D:3.1%$400,000
A:66.2%$8,502,341
E:17.9%$2,299,513
F:1.7%$217,155
Revenues & Gains
$10,955,911$12,777,335$14,123,900$14,401,826$15,902,138$14,496,722$11,920,578$12,931,375$15,323,682$14,975,505
200320042005 2006 200720082009201020112012
As time goes on, our appreciation for the College and the Benedictine Sisters continues to grow, and we realize the importance of giving back to the College to help create opportunities for future students.”
- Jeff Wolfgram, Class of 1993 and Current Board Member with Wife Lisa, (Karolevitz) Class of 1993
“Mount Marty College has a special place in our hearts, and we are proud to say that we believe in MMC.
Mount Marty College
(2012-2013) Board of Trustees
Mount Marty College
Donations & Service
Mount Marty College Named to2013 President’s Higher Education
Community Service Honor Roll
The Mount Marty College was named tothe 2013 President’s Higher Education Community Service Honor Roll in the
institution’s first attempt at the title.
This designation is the highest honor acollege or university can receive for its
commitment to volunteering,service-learning, and civic engagement.
More information about MMC’scommunity service efforts can be found at
www.mtmc.edu/student/ministry/service.aspx.
FY 2012studentsfaculty
staff13,400+ Volunteer Service Hours
12 12 12 12 12 12 12
valued at over $97,000.00
20
2020 20
202020
The Average Hours of Service
Completed by EACH STUDENTthroughout their MMC Career
20
2020 20
202020
Total Overall Giving Total President’s Society Giving
$1,054,325
$2,432,894
$1,772,227
$1,123,348
$1,337,799
FY 11-12
FY 10-11
FY 09-10
FY 08-09
FY 07-08
2,175
2,243
2,480
2,404
1,093$805,163
$1,798,410
$1,254,065
$799,841
$870,265123
125
131
124
94
Total # of Overall D
onors
Total # of PS Donors
Mount Marty College
Donations & Service
... and part of culture at Mount Marty College. We are honored to be recognized as a leader among U.S. colleges and take great pride in knowing that civic engagement through service is an integral component of the lives our students, faculty and staff.”
“Service is central to our Benedictine Heritage...
- Joseph N. Benoit, Ph.D., Mount Marty College President
Mount Marty College, an academic community in the
Catholic Benedictine liberal arts tradition, prepares students for a contemporary world of work,
service to the human community, and personal growth.
Mount Marty College Mission
O God, Creator of all things and source of wisdom and knowledge,
send your Holy Spirit to guide our thoughts, words, and actions
so that everything we do will begin with your inspiration and
continue with your guidance and blessing. Help us to speak
and act with integrity so that we may uphold the values of Mount Marty College. May we use our talents and abilities in the best
ways possible so that You may be glorified and our neighbor served.
We pray these things through, Jesus, your Son, in the power of
the Holy Spirit. Amen.
Mount Marty College Prayer
Mount Marty College
Core Values
Hospitality“MMC’s welcoming culture is truly something special. I knew as soon as I visited campus and met faculty and other students that this would be
THE best place for me to grow into the person I wanted to become.”
Awareness of God“Strong faith is apparent everywhere you look at Mount
Marty College. My professors and mentors encourage and show me how to live my values and beliefs through everyday interactions.”
Community“I was worried about leaving home and not knowing anyone at college.
After experiencing the close-knit MMC community, I felt completely
comfortable and at ease.
I have the support I need to succeed and will forever have an extended family to rely on.”
Lifelong Learning“I feel that MMC has set me up for success by instilling in me the passion of learning. I continue to create opportunities for myself by taking on
challenges and opening my mind for learning something new.”
Mount Marty College
Core Values
... in and out of the classroom to ensure the development of the whole person. We are committed to serving students of all faiths by fostering positive moral, spiritual and social values.”
“We strive to instill our core values into our students
- Father Thomas Wordekemper, OSB, MMC Campus Chaplain
1105 West Eighth Street | Yankton | South Dakota