Pepperdine University

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 2/10/2021. To update the information in this column, please email:


At Pepperdine, higher learning is aligned with a higher purpose. By integrating service, worship, and social responsibility with rigorous academic study, we create a community that nurtures heart, soul, strength, and mind.

Contact information

Mailing address:
Pepperdine University
24255 Pacific Coast Highway
Malibu, CA 90263


Phone: 310-506-4000


Organization details

EIN: 951644037

CEO/President: James Gash

Chairman: Dee Anna Smith

Board size: 30

Founder: George Pepperdine

Year founded: 1940

Tax deductible: Yes

Fiscal year end: 07/31

Member of ECFA: No

Member of ECFA since:


Pepperdine University will be a preeminent, global, Christian university, known for the integration of faith and learning, whose graduates lead purposeful lives as servant-minded leaders throughout the world.

Mission statement

Pepperdine is a Christian university committed to the highest standards of academic excellence and Christian values, where students are strengthened for lives of purpose, service, and leadership.

Statement of faith

Transparency grade


To understand our transparency grade, click here.

Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating708 of 81794 of 100
Fund acquisition rating455 of 81759 of 100
Resource allocation rating668 of 81781 of 100
Asset utilization rating692 of 81796 of 100

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Balance sheet
Receivables, inventories, prepaids$67,500,698$52,599,400$43,777,378$51,197,127$45,397,288
Short-term investments$167,300,124$316,370,835$298,096,519$144,921,988$151,653,000
Other current assets$0$0$0$0$0
Total current assets$385,170,475$504,701,463$460,819,700$314,932,259$381,518,348
Long-term investments$780,871,120$687,399,569$599,449,712$676,739,236$444,207,066
Fixed assets$447,499,519$444,508,793$389,653,781$357,620,541$358,786,665
Other long-term assets$317,312,501$261,044,203$262,113,569$242,863,324$399,752,853
Total long-term assets$1,545,683,140$1,392,952,565$1,251,217,062$1,277,223,101$1,202,746,584
Total assets$1,930,853,615$1,897,654,028$1,712,036,762$1,592,155,360$1,584,264,932
Payables and accrued expenses$48,202,020$43,298,616$39,451,850$34,566,690$32,676,655
Other current liabilities$18,131,219$10,020,188$13,851,501$11,093,448$9,136,359
Total current liabilities$66,333,239$53,318,804$53,303,351$45,660,138$41,813,014
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$137,835,510$13,188,362$17,357,472$16,880,158$17,948,578
Total long-term liabilities$469,899,723$475,351,086$361,268,135$363,279,531$342,229,904
Total liabilities$536,232,962$528,669,890$414,571,486$408,939,669$384,042,918
Net assets20192018201720162015
Temporarily restricted$130,092,921$129,423,474$115,569,319$119,398,732$127,308,193
Permanently restricted$415,560,649$409,896,688$382,825,282$364,289,851$362,539,986
Net assets$1,394,620,653$1,368,984,138$1,297,465,276$1,183,215,691$1,200,222,014
Revenues and expenses
Total contributions$34,179,043$39,372,267$30,223,377$25,472,417$30,180,908
Program service revenue$435,858,309$408,610,103$400,243,433$381,804,299$360,544,605
Membership dues$0$0$0$0$0
Investment income$63,810,698$61,857,274$71,044,314$23,217,070$47,432,588
Other revenue$9,538,651$10,466,898($690,814)($453,697)($516,100)
Total other revenue$509,207,658$480,934,275$470,596,933$404,567,672$407,461,093
Total revenue$543,386,701$520,306,542$500,820,310$430,040,089$437,642,001
Program services$394,369,797$360,054,169$331,386,962$320,212,392$305,920,146
Management and general$119,155,021$104,300,921$106,869,593$110,776,881$93,938,529
Total expenses$521,304,808$472,196,499$445,258,356$437,782,106$405,846,900
Change in net assets20192018201720162015
Surplus (deficit)$22,081,893$48,110,043$55,561,954($7,742,017)$31,795,101
Other changes in net assets$0$0$0$0$0
Total change in net assets$22,081,893$48,110,043$55,561,954($7,742,017)$31,795,101


Andrew K BentonPresident and CEO$1,081,658
Rick MarrsProvost & Chief Academic Off$792,291
Lamar WilsonFormer Head Basketball Coach$724,754
Charles PippinSVP Investments/Chief Inv Off$699,623
Lorenzo RomarHead Coach, Basketball$626,965
Gary HansonExecutive VP and COO$575,045
Deryck Janse van RensburgDean, Graziadio Business Sch$482,630
Samuel HinkleSVP Advancement/Public Aff$473,049
Paul CaronDean, School of Law$420,708
Michael AdamsFormer Chancellor$418,415
Edward LarsonDarling Chair of Law$407,065
Phil PhillipsVP & Chief Admin Officer$366,009
Marc GoodmanGeneral Counsel$357,921
Michael FeltnerDean, Seaver College$351,013
Thomas StipanowichProfessor of Law$342,796
Jeffrey RohdeManaging Director Investments$326,704
David SmithFormer Assoc Prov$322,867
Paul LasiterFormer CFO$321,242
Sukhsimranjit SinghAssoc. Dir. & Asst. Proffesor$309,609
Helen E WilliamsDean, Graduate School of Ed$303,698
Lee KatsVice Provost For Research$300,103
Joan K SingletonChief Financial Officer$296,763
Deanell TachaFormer Dean Emerita$286,064
Connie HortonVP, Student Affairs$278,072
Faye E HoltonDirector of Investments$273,379
Michael NicksDirector of Investments$272,546
Lance BridgesmithAssoc VP Planning Operations$266,684
Sara CosentinoChief Human Resources Officer$266,049
Jonathan SeeChief Information Officer$262,228
Rick GibsonVP of Pub. Affs. & CMO$258,838
Nicolle TaylorChief Business Officer$223,059
Marian MitzeVP & Chief of Staff$221,804

Compensation data as of: 7/31/2019

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 2/10/2021. To update the information below, please email:


It is nothing unusual that the economic expansion of the early 20th century made many American entrepreneurs wealthy. When wealth and success came to George Pepperdine, an alumnus of Parsons Business College in Kansas, it came to man of deep Christian faith and a lifelong member of Churches of Christ. In 1909 Pepperdine, then 23 years old and a newlywed, founded Western Auto Supply Company, a specialty retail chain of stores that supplied automobile parts and accessories, with an initial investment of five dollars. Serving a nation just beginning its love affair with the automobile, Western Auto grew at an exponential rate and eventually operated approximately 1,200 stores across the United States. Pepperdine had always exercised a spirit of generosity and charity, and was a man who understood himself as a steward and caretaker of the assets that God had entrusted to him. That sense of stewardship matured into a call of destiny when he observed the alarming rate at which Christian young men and women lost interest in their faith after going on to higher education. He determined that he would dedicate his fortune to creating and endowing a college that would provide the best education possible, managed by administrators and taught by professors who would support students in their Christian belief. On September 21, 1937 (commemorated annually as Founder's Day) George Pepperdine College was opened and dedicated, a mere seven months after Pepperdine had decided to go ahead with construction in February. Pepperdine remained thoroughly involved with the college for the rest of his life, frequently being seen on campus with Mrs. Pepperdine, attending chapel, board meetings, school functions, and sporting events. He narrated his life story and his purposes for the college in his biography Faith is My Fortune (1959). George Pepperdine died on July 31, 1962, his life an embodiment of Matthew 10:8, which has become the University's motto: Freely ye received, freely give. On September 21, 1937, the new campus of George Pepperdine College hosted 2,000 attendees gathered to witness the opening of the school. Speakers that day included California governor Frank Merriam, Los Angeles mayor Frank L. Shaw, the college's first president Batsell Baxter, and founder George Pepperdine. Among the crowd were the college's first students, 167 young men and women from 22 states and two foreign countries. Mr. Pepperdine clearly stated his intentions for the school on that day: "Our college is dedicated to a twofold objective: First, academic training in the liberal arts . . . Secondly, we are especially dedicated to a greater goal-that of building in the student a Christ-like life, a love for the church, and a passion for the souls of mankind."

Program accomplishments