George Fox University

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

This ministry has not been assigned a transparency grade.

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating246 of 61818 of 85
Fund acquisition rating245 of 61817 of 85
Resource allocation rating206 of 61842 of 85
Asset utilization rating411 of 61812 of 85

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%17%14%22%17%19%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%1%1%1%1%1%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
92%4%7%4%5%4%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%1%1%1%1%1%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
8%96%93%96%95%96%
 
Operating ratiosMedian % for
all ministries in
MW database
20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%86%85%86%85%86%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%92%89%91%89%91%
Program output ratio Program output ratio =
Program services /
Total revenue
80%79%76%78%75%78%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%8%11%9%11%9%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%9%12%11%14%12%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%13%14%13%14%13%
 
Investing ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.990.710.720.710.750.73
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.812.462.342.602.582.32
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.181.741.691.851.931.69
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.664.835.364.435.224.37
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.210.190.230.190.23
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.715.465.785.025.025.49
 
Solvency ratiosMedian % for
all ministries in
MW database
20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
11%27%27%34%32%36%
Debt ratio Debt ratio =
Debt /
Total assets
0%16%16%20%19%20%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
79%104%100%93%92%88%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$2,691,022$36,563,502$29,902,188$22,704,956$25,029,764
Receivables, inventories, prepaids$4,065,912$5,725,909$4,117,426$4,516,552$4,735,546
Short-term investments$63,200,374$25,685,387$22,956,957$23,546,630$23,504,885
Other current assets$0$0$0$0$0
Total current assets$69,957,308$67,974,798$56,976,571$50,768,138$53,270,195
Long-term investments$107,511$109,641$111,718$130,325$130,325
Fixed assets$100,989,557$89,425,075$88,646,325$77,987,960$67,894,414
Other long-term assets$1,388,922$1,354,561$2,260,264$2,339,278$2,527,765
Total long-term assets$102,485,990$90,889,277$91,018,307$80,457,563$70,552,504
Total assets$172,443,298$158,864,075$147,994,878$131,225,701$123,822,699
 
Liabilities20182017201620152014
Payables and accrued expenses$7,614,585$5,715,399$5,513,811$5,493,817$4,934,715
Other current liabilities$6,877,304$6,972,558$7,361,321$4,234,802$7,245,767
Total current liabilities$14,491,889$12,687,957$12,875,132$9,728,619$12,180,482
Debt$26,758,570$24,898,003$29,464,087$25,258,128$24,502,759
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$4,787,627$6,017,629$7,550,629$6,461,672$8,129,199
Total long-term liabilities$31,546,197$30,915,632$37,014,716$31,719,800$32,631,958
Total liabilities$46,038,086$43,603,589$49,889,848$41,448,419$44,812,440
 
Net assets20182017201620152014
Unrestricted$97,361,448$85,297,768$72,947,374$65,308,662$54,611,993
Temporarily restricted$9,098,832$10,568,415$6,721,660$6,818,577$6,934,235
Permanently restricted$19,944,932$19,394,303$18,435,996$17,650,043$17,464,031
Net assets$126,405,212$115,260,486$98,105,030$89,777,282$79,010,259
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$5,508,798$8,813,071$4,864,348$6,039,811$4,410,675
Program service revenue$122,290,841$117,900,835$109,137,716$101,464,302$93,353,613
Membership dues$0$0$0$0$0
Investment income$2,932,485$470,041$419,276$1,917,305$1,951,456
Other revenue$2,265,463$1,269,646$1,700,160$1,216,450($693,512)
Total other revenue$127,488,789$119,640,522$111,257,152$104,598,057$94,611,557
Total revenue$132,997,587$128,453,593$116,121,500$110,637,868$99,022,232
 
Expenses20182017201620152014
Program services$104,505,162$97,072,890$90,728,431$83,344,749$77,507,270
Management and general$16,389,982$16,392,151$13,665,754$13,718,028$11,425,689
Fundraising$951,243$1,257,987$1,067,423$1,013,073$847,508
Total expenses$121,846,387$114,723,028$105,461,608$98,075,850$89,780,467
 
Change in net assets20182017201620152014
Surplus (deficit)$11,151,200$13,730,565$10,659,892$12,562,018$9,241,765
Other changes in net assets$0$0$0$0$0
Total change in net assets$11,151,200$13,730,565$10,659,892$12,562,018$9,241,765

Response from ministry

No response has been provided by this ministry.


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


Needs