George Fox University

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 10/26/2020. To update the information in this column, please email: info@ministrywatch.com


Summary

George Fox is Oregon's nationally recognized Christian university, providing students with personal attention, global opportunities to learn and serve, and a supportive community that encourages academic rigor and spiritual growth.


Contact information

Mailing address:
George Fox University
414 N. Meridian Street
Newberg, OR 97132

Website: georgefox.edu

Phone: 503-538-8383

Email: admissions@georgefox.edu


Organization details

EIN: 930386839

CEO/President: Dr. Robin Baker

Chairman:

Board size: 31

Founder:

Year founded: 1963

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: No

Member of ECFA since:


Purpose

To educate and inspire students to pursue God's calling.

It's the hope each student brings to the college experience. To be known by name. To be understood, valued, encouraged and uplifted. At George Fox, to be known means that professors and staff connect with students in authentic ways - personally, academically, spiritually - recognizing that we all come to this place with different backgrounds, life experiences and dreams for the future. To be known means that students not only learn new ideas, they share their own. To be known means to be heard. When students feel what it's like to be known in this way, they become inspired. And that's when real change happens. Knowledge moves from the mind to the heart. Careers turn into callings. Faith turns into action. And that's why we begin with a simple promise, that each student will be known.


Mission statement

George Fox University, a Christ-centered community, prepares students spiritually, academically, and professionally to think with clarity, act with integrity, and serve with passion.


Statement of faith

The Trinity

We believe in one eternal God, the source and goal of life, who exists as three persons in the Trinity: the Father, the Son, and the Holy Spirit. In love and joy, God creates and sustains the universe, including humanity, male and female, who are made in God's image.

God the Father

We believe in God the Father Almighty, whose love is the foundation of salvation and righteous judgment, and who calls us into covenant relationship with God and with one another.

God the Son

We believe in Jesus Christ, the Word, who is fully God and fully human. He came to show us God and perfect humanity, and, through his life, death, and resurrection, to reconcile us to God. He is now actively present with us as Savior, Teacher, Lord, Healer, and Friend.

God the Holy Spirit

We believe in the Holy Spirit, who breathed God's message into the prophets and apostles, opens our eyes to God's Truth in Jesus Christ, empowers us for holy living, and carries on in us the work of salvation.

Salvation

We believe that salvation comes through Jesus Christ alone, to whom we must respond with repentance, faith, and obedience. Through Christ we come into a right relationship with God, our sins are forgiven, and we receive eternal life.

The Bible

We believe that God inspired the Bible and has given it to us as the uniquely authoritative, written guide for Christian living and thinking. As illumined by the Holy Spirit, the Scriptures are true and reliable. They point us to God, guide our lives, and nurture us toward spiritual maturity.

The Christian Life

We believe that God has called us to be and to make disciples of Jesus Christ and to be God's agents of love and reconciliation in the world. In keeping with the teaching of Jesus, we work to oppose violence and war, and we seek peace and justice in human relationships and social structures.

The Church

We believe in the church as the people of God, composed of all who believe in Jesus Christ, who support and equip each other through worship, teaching, and accountability, who model God's loving community, and who proclaim the gospel to the world.

Christian Worship

We believe Christ is present as we gather in his name, seeking to worship in spirit and in truth. All believers are joined in the one body of Christ, are baptized by the Spirit, and live in Christ's abiding presence. Christian baptism and communion are spiritual realities, and, as Christians from many faith traditions, we celebrate these in different ways.

The Future

We believe in the personal return of Jesus Christ, in the resurrection of the dead, in God's judgment of all persons with perfect justice and mercy, and in eternal reward and punishment. Ultimately, Christ's kingdom will be victorious over all evil, and the faithful will reign with him in eternal life.

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating317 of 81735 of 100
Fund acquisition rating444 of 81755 of 100
Resource allocation rating340 of 81747 of 100
Asset utilization rating293 of 81729 of 100

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
19%26%17%14%22%17%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%1%1%1%1%1%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
10%3%4%7%4%5%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
2%1%1%1%1%1%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
90%97%96%93%96%95%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
85%86%86%85%86%85%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%94%92%89%91%89%
Program output ratio Program output ratio =
Program services /
Total revenue
82%81%79%76%78%75%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%6%8%11%9%11%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%6%9%12%11%14%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%13%13%14%13%14%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.520.640.710.720.710.75
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.882.552.462.342.602.58
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.691.641.741.691.851.93
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
5.864.984.835.364.435.22
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.170.200.210.190.230.19
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.805.855.465.785.025.02
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
27%31%27%27%34%32%
Debt ratio Debt ratio =
Debt /
Total assets
17%20%16%16%20%19%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
142%107%104%100%93%92%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$28,292,583$2,691,022$36,563,502$29,902,188$22,704,956
Receivables, inventories, prepaids$2,637,800$4,065,912$5,725,909$4,117,426$4,516,552
Short-term investments$45,351,529$63,200,374$25,685,387$22,956,957$23,546,630
Other current assets$0$0$0$0$0
Total current assets$76,281,912$69,957,308$67,974,798$56,976,571$50,768,138
Long-term investments$85,221$107,511$109,641$111,718$130,325
Fixed assets$116,583,304$100,989,557$89,425,075$88,646,325$77,987,960
Other long-term assets$1,196,336$1,388,922$1,354,561$2,260,264$2,339,278
Total long-term assets$117,864,861$102,485,990$90,889,277$91,018,307$80,457,563
Total assets$194,146,773$172,443,298$158,864,075$147,994,878$131,225,701
 
Liabilities20192018201720162015
Payables and accrued expenses$7,871,174$7,614,585$5,715,399$5,513,811$5,493,817
Other current liabilities$7,447,266$6,877,304$6,972,558$7,361,321$4,234,802
Total current liabilities$15,318,440$14,491,889$12,687,957$12,875,132$9,728,619
Debt$38,927,472$26,758,570$24,898,003$29,464,087$25,258,128
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$5,858,246$4,787,627$6,017,629$7,550,629$6,461,672
Total long-term liabilities$44,785,718$31,546,197$30,915,632$37,014,716$31,719,800
Total liabilities$60,104,158$46,038,086$43,603,589$49,889,848$41,448,419
 
Net assets20192018201720162015
Unrestricted$104,593,042$97,361,448$85,297,768$72,947,374$65,308,662
Temporarily restricted$8,807,219$9,098,832$10,568,415$6,721,660$6,818,577
Permanently restricted$20,642,354$19,944,932$19,394,303$18,435,996$17,650,043
Net assets$134,042,615$126,405,212$115,260,486$98,105,030$89,777,282
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$4,565,394$5,508,798$8,813,071$4,864,348$6,039,811
Program service revenue$124,515,128$122,290,841$117,900,835$109,137,716$101,464,302
Membership dues$0$0$0$0$0
Investment income$1,648,700$2,932,485$470,041$419,276$1,917,305
Other revenue$2,339,240$2,265,463$1,269,646$1,700,160$1,216,450
Total other revenue$128,503,068$127,488,789$119,640,522$111,257,152$104,598,057
Total revenue$133,068,462$132,997,587$128,453,593$116,121,500$110,637,868
 
Expenses20192018201720162015
Program services$107,611,427$104,505,162$97,072,890$90,728,431$83,344,749
Management and general$16,157,684$16,389,982$16,392,151$13,665,754$13,718,028
Fundraising$1,192,936$951,243$1,257,987$1,067,423$1,013,073
Total expenses$124,962,047$121,846,387$114,723,028$105,461,608$98,075,850
 
Change in net assets20192018201720162015
Surplus (deficit)$8,106,415$11,151,200$13,730,565$10,659,892$12,562,018
Other changes in net assets$0$0$0$0$0
Total change in net assets$8,106,415$11,151,200$13,730,565$10,659,892$12,562,018

Compensation

NameTitleCompensation
Robin BakerPresident$425,990
Vicki PiersallChief Financial Officer$226,539
Robert WesterveltChief Strategy Officer$224,556
Linda SamekProvost$210,222
Robert HarderDean, College of Engineeri$192,979
Mary PetersonProfessor Clinical Psychology$166,813
Ryan DoughteryVP For Enrollment & Marketing$163,757
Bradley LauVP For Student Life$161,267
Jeffery HouckDirector of Research, Prof$153,822
Jim FosterDean, Behavioral Health Sciences$147,567
Michael RezaVP For Advancement$82,116

Compensation data as of: 6/30/2019


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 10/26/2020. To update the information below, please email: info@ministrywatch.com


History

George Fox is the oldest Christian university in Oregon. More than 125 years ago, evangelical Quaker pioneers helped settle the rich and fruitful Chehalem Valley of Oregon, which is now known for its premier vineyards. One of the settlers' first priorities, along with the founding of their church, was the education of their children. They established the Friends Pacific Academy in 1885, which focused on Christian instruction. Among those first academy students was a future U.S. president, Herbert Hoover. At the same time, the founding pioneers were looking ahead with the dream of a college to provide further and more advanced education. That time came on Sept. 9, 1891, with the opening of the doors of Pacific College. Fifteen students were enrolled the first day of classes.

Since then, the institution has seen major changes, including a name change. In 1949, because of the many "Pacific" colleges, the school was renamed "George Fox College" in honor of the founder of the Friends (Quaker) movement. The college remained a small and intimate learning environment for the years following and received accreditation in 1959. Over the next 20 years, the college would add facilities and increase the academic rigor of its programs. During the 1980s, George Fox adopted an innovative mindset and rapidly expanded its program offerings, which triggered a growth spurt that continued for the next 20 years. With the school's merger with Western Evangelical Seminary in 1996, the college changed its name to "George Fox University." During the next 12 years, the university experienced rapid growth, quadrupling in size. Enrollment surpassed 3,300 students in 2008, 3,700 students in 2013 and 3,900 students in 2015. The university broke the 4,000-student milestone for the first time in its history in the fall of 2016.

Today, George Fox is Oregon's nationally recognized Christian university, providing students with personal attention, global opportunities to learn and serve, and a support community that encourages academic rigor and spiritual growth. The university offers more than 40 majors, adult degree programs, six seminary degrees, and 12 master's and doctoral degrees. In addition to a residential campus in Newberg, Oregon, classes are now taught in Portland, Salem and Redmond, Oregon. Friday, Sept. 9, 2016, marked the 125th anniversary of George Fox's founding.


Program accomplishments


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