Pepperdine University


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: Andrew B Kenton

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 rating622 of 72582 of 87
Fund acquisition rating397 of 72649 of 87
Resource allocation rating588 of 72672 of 87
Asset utilization rating589 of 72582 of 87

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Balance sheet
Receivables, inventories, prepaids$52,599,400$43,777,378$51,197,127$45,397,288$46,099,722
Short-term investments$316,370,835$298,096,519$144,921,988$151,653,000$277,403,323
Other current assets$0$0$0$0$0
Total current assets$504,701,463$460,819,700$314,932,259$381,518,348$351,456,910
Long-term investments$687,399,569$599,449,712$676,739,236$444,207,066$500,543,591
Fixed assets$444,508,793$389,653,781$357,620,541$358,786,665$361,239,532
Other long-term assets$261,044,203$262,113,569$242,863,324$399,752,853$315,038,836
Total long-term assets$1,392,952,565$1,251,217,062$1,277,223,101$1,202,746,584$1,176,821,959
Total assets$1,897,654,028$1,712,036,762$1,592,155,360$1,584,264,932$1,528,278,869
Payables and accrued expenses$43,298,616$39,451,850$34,566,690$32,676,655$29,152,542
Other current liabilities$10,020,188$13,851,501$11,093,448$9,136,359$11,047,001
Total current liabilities$53,318,804$53,303,351$45,660,138$41,813,014$40,199,543
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$13,188,362$17,357,472$16,880,158$17,948,578$17,627,327
Total long-term liabilities$475,351,086$361,268,135$363,279,531$342,229,904$294,019,035
Total liabilities$528,669,890$414,571,486$408,939,669$384,042,918$334,218,578
Net assets20182017201620152014
Temporarily restricted$129,423,474$115,569,319$119,398,732$127,308,193$137,942,686
Permanently restricted$409,896,688$382,825,282$364,289,851$362,539,986$352,850,075
Net assets$1,368,984,138$1,297,465,276$1,183,215,691$1,200,222,014$1,194,060,291
Revenues and expenses
Total contributions$39,372,267$30,223,377$25,472,417$30,180,908$33,939,405
Program service revenue$408,610,103$400,243,433$381,804,299$360,544,605$341,260,909
Membership dues$0$0$0$0$0
Investment income$61,857,274$71,044,314$23,217,070$47,432,588$68,695,262
Other revenue$10,466,898($690,814)($453,697)($516,100)($309,208)
Total other revenue$480,934,275$470,596,933$404,567,672$407,461,093$409,646,963
Total revenue$520,306,542$500,820,310$430,040,089$437,642,001$443,586,368
Program services$360,054,169$331,386,962$320,212,392$305,920,146$289,312,359
Management and general$104,300,921$106,869,593$110,776,881$93,938,529$91,293,648
Total expenses$472,196,499$445,258,356$437,782,106$405,846,900$388,165,753
Change in net assets20182017201620152014
Surplus (deficit)$48,110,043$55,561,954($7,742,017)$31,795,101$55,420,615
Other changes in net assets$0$0$0$0$0
Total change in net assets$48,110,043$55,561,954($7,742,017)$31,795,101$55,420,615


Andrew K BentonPresident and CEO$934,480
Rick MarrsProvost and Chief Academic Officer$700,258
Michael AdamsChancellor$665,110
Charles PippinSenior VP Investments & CIO$582,025
Gary HansonExecutive VP and COO$569,654
Lamar WilsonHead Basketball Coach$473,557
Samuel HinkleSVP For Advancement$453,840
Deryck Janse van RensburgDean, Gsbm$446,875
Paul LasiterVice President and CFO (thru 7/18)$424,012
Deanell TachaDean Emerita, School of Law$407,269
Edward LarsonDarling Professor of Law$394,920
Paul CaronDean, School of Law$382,165
Phil PhillipsVice President For Administration$339,242
Michael FeltnerDean, Seaver College$329,671
Robert J Pushaw JrProfessor of Law$317,722
Marc GoodmanGeneral Counsel$310,205
Lee KatsVice Provost For Research$295,560
Helen E WilliamsDean, Gsep$286,133
Jonathan SeeChief Information Officer$276,543
Jeffrey RohdeManaging Director of Investments$275,597
David SmithAssoc Prof Econ, Assoc Prov Online Learning$270,323
Edna PowellChief Business Officer$261,115
Lance BridgesmithAssociate VP For Planning Operations$241,683
Faye E HoltonDirector of Investments$238,089
Michael NicksDirector of Investments$235,416
Sara CosentinoChief Human Resources Officer$221,109

Compensation data as of: 7/31/2018

Response from ministry

No response has been provided by this ministry.


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