values

excellence

momentum

2 0 0 9 P r e s i d e n t ’s R e p o r t

table of contents
President’s Message Academics School of Liberal Arts School of Science School of Business Undergraduate Research 2 10 12 14 16 18 Student Life Enrollment Faculty and Staff Facilities and Infrastructure Development Community Financial Statements Our Future 20 24 26 28 30 32 34 36

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president’s message

Dear Friends of Siena College: As the 10th President of Siena College, I asked our community to embrace the direction set by St. Francis of Assisi when he called his followers “to begin again … for up until now we have done nothing.” Francis’ words were not meant to disregard past accomplishments, but rather he hoped that his followers would never become complacent and would always be eager to respond to new opportunities. I am proud to say that the Siena community accepted my challenge and set out to promote the mission of the College in new and exciting ways. In this inaugural President’s Report, it is my pleasure to share some of the accomplishments of the 2009 academic year. The fall semester of 2008 began with a sense of optimism. We had once more reached and exceeded our enrollment targets for new students. There was active discussion of launching a capital campaign that would result in improved facilities and a deepening of our commitment to academic excellence. In athletics, expectations were high for our women’s volleyball team and for our men’s basketball team to compete once more on a national stage. Life at Siena looked very good. A shift of tone occurred and a new reality emerged as the initial shock waves of the Wnancial recession swept over all sectors of American life, including college campuses. Siena responded to the new financial realities of our world in a manner consistent with its mission. Our main focus was supporting the students, faculty, administrators and staff. We took steps to ensure that the current levels of financial aid would be maintained for our students and that we would do our best to assist those whose financial profile had suddenly changed. We avoided lay-oVs and honored a prior agreement with our faculty for a salary raise that was extended to all employees. We were able to take these bold initiatives because, over the years as a tuitiondependent institution, we had exercised discipline with our endowment funds and did not promote unbridled spending. The fiscal crisis remained with us throughout the entire academic year, but it did not overshadow what the Siena community accomplished. The achievements detailed in this President’s Report are drawn first and foremost from the values that we have inherited from Sts. Francis and Clare. Our Franciscan tradition is properly described as a “wisdom tradition” which relies upon stories to illustrate its values. As a result, at Siena we highlight the ideals of respect for every person, building a community characterized by compassion and reconciliation and calling all to serve those who are in need. We communicate these values by telling the stories derived from the lives of St. Francis, St. Clare and other notable

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members of the Franciscan movement. These stories remind us not only of what we should do but, more importantly, they point out who we should strive to become. In this President’s Report, I will introduce you to some of the people—students, faculty, administrators and staV—whose stories illustrate life at Siena College. You will read about the values, the quest for academic excellence and the momentum that the College achieved last year. You will see ample evidence and notable outcomes in specific areas of college life that are aligned with the goals of our strategic plan. As the landscape of higher education continues to evolve so must we, and so we begin again. As this report goes to press, we are in the process of refining our vision and developing the next strategic plan. We are plotting the direction and priorities for where we want to go from 2011 to 2015. By the fall of 2010, the full plan will go to the Board of Trustees for approval and be shared with the Siena community. Looking to the future, we see challenges as problems to solve and opportunities to pursue. We gain great conWdence from the continued and enthusiastic support of the full Siena College community. Every day we appreciate how blessed we are as we move beyond the 800th year since the founding of the Franciscan Order and the 72nd year since the seven founding Franciscan Friars had a wonderful idea that became Siena College. I am pleased to report that its potential has never been better. Thank you for your interest and support. I hope the President’s Report broadens your knowledge and appreciation for all the good that is taking place at Siena College. Fraternally,

Fr. Kevin Mullen ’75, O.F.M., Ph.D. President

VALUES

Values are the cornerstone of a Siena education, particularly the Franciscan emphasis on serving others. All Siena students are encouraged to lend their hands and hearts to projects and programs that improve the quality of life for those in need. In the accompanying photo, a Giotto fresco depicts St. Francis (kneeling) while his companion Sylvester orders the “demons” of “greed, avarice and civil unrest” to leave the people of the town of Arezzo. Their method was prayer and action. At Siena, students learn the value of the same method.

Midhuna William ’09, spent a life-changing summer experience living and teaching children in an orphanage in Kitovu, Uganda. Thousands of Siena students organized and participated in community projects to help more than 100 organizations focused on service to the poor, crime victims, disabled, elderly, youth, animal and environmental needs.

EXCELLENCE

For over 70 years Siena has been successfully going about the business of preparing students to follow their dreams. Some begin their careers, some pursue advanced degrees, all of them are ready to make a difference in the world.

In 2009, 90% of Siena graduates applying to medcal, dental and optometry schools were accepted. In 2008, 85% percent of Siena students who applied to law school were accepted. From 2007-2009, 100% percent of Siena graduates taking the NYS Teacher Certification Exam passed.

MOMENTUM

Siena believes strongly in the value of providing research opportunities to undergraduates. This year funded research increased by 33%. Students worked side-by-side with professors doing important work in science, economics, business and history. This work will help them change the world.

Siena’s momentum has propelled the science program into a position of leadership among comparable and aspirant institutions. Dean Karen Quaal, Ph.D.; Allan Weatherwax, Ph.D.; Rose Finn, Ph.D.; and Rachel Sterne-Marr, Ph.D. are spearheading a National Science Foundation grant in support of Educating Scientists for Tech Valley. The grant is intended to encourage undergraduate study in Science, Technology, Engineering and Mathematics for careers in the growth areas of biotechnology, nanotechnology and information technology.

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Siena 2009 President’s Report

ACADEMICS
LEARNING DISCOVERING THRIVING

As a learning community and liberal arts college grounded in its Franciscan and Catholic heritage, Siena College considers academic excellence to be its primary goal. Academics at Siena are rigorous and stimulating. Our highly-credentialed faculty are the driving force behind this. More than 90 percent of Siena’s fulltime faculty hold the highest degree awarded in their field. One-third of the full-time faculty has joined the College in the past six years with 11 new faculty arriving in 2008-2009. Faculty awards, grants and honors are many and include a National Science Foundation Early Career Award, an appointment to a White House council, two Fulbright Scholar Awards and induction in the New York State Mathematics Educators Hall of Fame. Today, hundreds of undergraduate students at Siena participate in intellectual experiences that, in many other schools, would be considered to be at a graduate level. As a result of faculty/ student research, students are co-authoring in peer-reviewed journals, presenting at national conferences and pursuing advanced educational opportunities worldwide. More than 250 students

travel on study abroad and faculty-led international study tour programs in 30 diVerent countries. The “Siena in Siena” program in Italy, with embedded volunteer service and all instruction in Italian, is considered the best in the country by the Italian consulate staV. Through signature programs, students gain a valuable advantage over their peers. Ninety percent of Siena’s 2009 graduates applying to medical, dental and optometry schools were accepted. Eighty-Wve percent of Siena students who applied to law school in 2008 were accepted. One hundred percent of Siena teacher preparation graduates taking the New York State Teacher Certification Exam passed during the past three years. Two Siena teacher preparation program alumni were named New York State Teachers of the Year in the past Wve years. Seven new courses were approved in the past year helping to keep Siena’s curriculum relevant. With 30 majors and approximately 40 minors, Siena’s 3,000 students have enviable Xexibility and support in shaping a personalized education.

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FACULTY ACHIEVEMENT
The academic excellence of numerous faculty was recognized for outstanding achievement during the 2009 academic year: Charles R. Trainor, Ph.D. Professor of English The Jerome Walton Excellence in Teaching Award Joshua B. Diamond, Ph.D. Professor of Physics The Matthew T. Conlin O.F.M. Distinguished Service Award Rachel E. Sterne-Marr, Ph.D. Professor of Biology The Raymond Kennedy Excellence in Scholarship Award Andrea Smith-Hunter, Ph.D. Associate Professor of Marketing and Management and Hickey Chair in Business Appointed to the White House Council on Women and Girls Duane Matcha, Ph.D. Professor of Sociology Fulbright Scholar Award for study at the University of Vilnius, Lithuania Mahmood Karimi-Hakak, M.F.A. Professor of Creative Arts Fulbright Scholar Award for study at the University of Tel Aviv James Matthews, M.A., M.S. Professor of Mathematics and Computer Science Inaugural inductee into the New York State Mathematics Educators Hall of Fame Kevin Kittredge, Ph.D. Associate Professor of Chemistry and Biochemistry National Science Foundation Early Career Award
James Matthews, M.A., M.S. Cheryl Buff, Ph.D.

Rachel E. Sterne-Marr, Ph.D.

Mahmood Karimi-Hakak, M.F.A. Kevin Kittredge, Ph.D.

Allan Weatherwax, Ph.D. Professor of Physics Named to the National Academy of Sciences, Polar Research Board Cheryl Buff, Ph.D. Associate Professor of Marketing and Management Hormel Foods Meritorious Teaching Award/Marketing Management Association

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School of liberal arts
INFUSED MULTIDISCIPLINARY EMPOWERING

A significant component of each Siena student’s education is the synthesis of liberal and practical learning. Siena’s approach to infusing liberal arts across the curriculum provides individuals with broad knowledge and transferable skills. These are reinforced by Franciscan values, which cultivates social responsibility and a strong sense of ethics. The results are an enhanced ability to understand an interconnected world, solve problems and make informed decisions. Students are empowered to do something valuable with what they know. As the bedrock of an undergraduate education, liberal arts played an integral role in advancing academic excellence, scholarship and service learning in 2008-2009. The school added Wve new faculty members. The faculty published seven books, along with numerous articles, exhibits and conference presentations. Topics ranged from the constitutionality of military tribunals to translations of Persian poetry.

The school’s 14 majors were enhanced this year with three new courses. Environmental Studies, an interdisciplinary major, is supported by crossappointed faculty from philosophy, political science and sociology. To further embed a sense of responsibility and service to others, faculty are redesigning courses to include service learning components that link the classroom experience to other campus resources. These include the nationally-recognized Bonner Leaders Program and the AmeriCorps VISTA Fellows community service program. During the year the number of VISTA Fellows increased from four to 15. They serve as the link between students and several Capital Region service organizations. As a leading advocate for using a liberal arts education to solve contemporary problems, Siena College is a member of the Campus Action Committee for LEAP—Liberal Education and America’s Promise, an initiative of the Association of American colleges and Universities.

Sociology student Blake Kush ’09’s research on the negative media portrayals of inner-city youths examined policy challenges that they must battle. Blake’s direct engagement in the community put him in front of a new network of people and led to his full-time position at the Albany Community Action Partnership.

HELPING STUDENTS FIND THEIR WAY Siena’s liberal arts vitality provides students flexibility in both broadbased learning and in making choices. Leah Antil began her Siena experience as a biology major. A student/faculty project to help restore a Jewish cemetery in Belarus sparked a new interest: Russian culture. Leah had the support at Siena to change to a psychology major, take Russian classes and study abroad in St. Petersburg. Leah was selected as one of 70 students from 30,000 applicants for summer study in an immersion program at the Astrakhan State University in Russia, sponsored by the U.S. State Department. Leah will pursue a master’s degree in a two-year intercultural service leadership program, including a year-long practicum in Minsk, at the School of International Training World Learning Institute.

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School of science
HANDS-ON INQUIRY RIGOR MOMENTUM SCIENCE STUDENT SUCCESSES The exposure of Siena science students to innovative teaching, liberal arts perspective and sophisticated research has produced results:

Siena College’s School of Science programs are high-quality, high-touch examples of student engagement in the learning process. Science faculty at Siena love to teach. In our lab-intensive curriculum, they create stimulating and challenging Justin Malinowski ’09 chemistry opportunities that extend students’ hands-on major, graduated early and was experience. Undergraduate research is Xourishing hired as a technician for and mentored by Kevin Kittredge, Ph.D. at Siena. It is driven by credentialed faculty who Justin’s research has been published collaborate with and encourage students to be and he is attending graduate school involved directly in their research projects. Access at the University of North Carolina. to instrumentation, Siena’s small class sizes and a growing success in earning research grants validate Adam Finkel ’09 biology major, worked with Nancy Elliott, Ph.D. on the “investment quality” of Siena science. The outa tropical biology project involving comes are notable. Undergraduates have experiences plant life in the Bahamas and was formerly limited to graduate schools, the course awarded a government grant to content stays fresh and students develop technical, continue the study. communication and teamwork skills. Students Patti Carroll ’09 physics major and co-author in peer-reviewed publications, present Clare Boothe Luce Scholar, studied at national conferences and apply their experiences for two years under Rose Finn, Ph.D. Patti was published and has accepted to further study at the graduate school level. Jon Bannon, Ph.D., assistant professor of a full tuition award and research mathematics, was invited to Vanderbilt University stipend to pursue a Ph.D. in Astronomy at the University of and UCLA to discuss his research using Von Washington. Neumann algebras for quantum mechanics. The universities’ overall goal is to understand Jason Soohoo ’09, triple major in physics, mathematics and computer the structure of these algebras and determine how science, collaborated on research in many possible “quantum universes” there can be.
quantum chemistry, spent a summer at the University of Vienna and is working on his Ph.D. at the University of Waterloo in Canada. Allycia Barbera ’10 and Amanda Paske ’10 chemistry majors, are working with Daniel Moriarty, Ph.D. on protein characterization and with Jodi O’Donnell, Ph.D. on the synthesis of chemical sensors.

Kevin Kittredge, Ph.D., associate professor of chemistry and biochemistry and recent NSF Early Career Award winner, prepares sensors to better understand their physical characteristics, and uses thin Wlms that contain pigments as semi-transparent coatings for use in the preservation of works of art. The Siena College Summer Scholars Research program and externally funded grants are supporting a wide spectrum of research by 11 School of Science faculty and 31 students. Siena’s momentum has propelled the science program into a position of leadership among comparable and aspirant institutions. Across the School of Science, students and faculty are receiving honors and participating in national and international programs focused on the advancement of science and science education. Dean Karen Quaal, Ph.D., Allan Weatherwax, Ph.D., Rose Finn, Ph.D. and Rachel Sterne-Marr, Ph.D. are spearheading a National Science Foundation grant in support of Educating Scientists for Tech Valley. The grant encourages undergraduate study in Science, Technology, Engineering and Mathematics for careers in the growth areas of biotechnology, nanotechnology and information technology.

With the help of students, Allan Weatherwax, Ph.D., professor of physics and associate dean of science is building a satellite on the Siena campus that will explore lightning’s link to terrestrial gamma ray flashes in the earth’s upper atmosphere. Funded by the National Science Foundation (NSF), the overarching goal of the CubeSat program is to advance space weather and atmospheric research. The development of the Firefly satellite is a collaborative effort between the NASA Goddard Space Flight Center and Siena College.

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School of Business
PERSPECTIVE SKILL LEADERSHIP

If you were to visit an organization on the Wrst day freshly-graduated hires arrive, it would be quite easy to spot the Siena alumni. They are the ones who don’t look lost. Siena School of Business students have many good reasons to be confident. Their education integrated the theoretical and the practical, with the thoughtful and the analytical. Their experiential learning gave them access to the same resources, tools and technologies that power the engines of global commerce. Business students interact and collaborate on research projects with accomplished faculty with real-world experience, and intern in organizations recognized as industry leaders. Our graduates “hit the ground running” and quickly ascend to leadership roles in business, government, education, healthcare and not-forprofit organizations. Siena’s School of Business is accredited by the Association to Advance Collegiate Schools of Business, a distinction earned by only eight percent of undergraduate-only programs. Siena’s AACSBaccredited environment meets the highest standards for business programs worldwide. The Siena School of Business faculty continues to grow in number and reputation. From 32 faculty ten years ago, today the full-time teaching and scholarly team has grown to 52, including four in

the past year. They collaborate with students in the classroom, as well as on research and community projects. With faculty mentorship, guidance and encouragement, our students competed and placed in: the Price Chopper Innovation Conference competition, the Federal Reserve Challenge, the Students in Free Enterprise regional competition, the Capital Region Enterprise and Economic Development Community Fellow program and the American Marketing Association Student Marketer of the Year competition. They published research studies on topics including college students and credit card debt, Internet commerce, work ethic, management effectiveness, counterfeit products, environmental economics and strategic decision making. To meet the requirements of a new state regulation requiring CPA candidates to complete Wve years of full-time education, the Siena School of Business launched a new Master of Science in Accounting program. Siena accounting students can now remain with Siena’s faculty and the excellence they know and respect, rather than leaving for another school. A B.S. degree in Actuarial Science and a certificate program in Risk Management were also added to the curriculum to meet increasing demands for professionals in the marketplace.

The resources in the Siena School of Business’s Douglas T. Hickey Financial Technology Center encompass two special areas: The William R. Raub ’85 Market Trading Room and the Guy ’54 and Dorthea Alonge Accounting Lab. Within that setting, the student-managed David E. Bjorklund Investment Fund operates as part of a finance class led by Eric Girard, Ph.D., professor of finance and director of the Center for Global Financial Studies. Established with real dollars, including a $100,000 gift from David’s brother Ron ’85—it operates much like a typical hedge fund. The studentmanaged fund has outperformed the S&P 500 by more than 20 percent over the past three years.

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undergraduate Research
COLLABORATIVE VALIDATING EXPANDING

A STORY OF GROWTH 2 In just a few short years, sponsored research at Siena College has grown exponentially. In 2009 total award dollars increased 33 percent. Hundreds of students across three schools are the direct beneficiaries of hands-on, facultyguided undergraduate research. The experience expands classroom learning, critical thinking and problem solving to give them a head start to enter the workplace or graduate study.
AWARD TOTAL 6.0 m 5.0 m 4.0 m 3.0 m 2.0 m 1.0 m 0.0 m 06-07 07-08 08-09

Curiosity is at the core of learning. Scholarly interest in discovering what’s new and how to make something better is the driver that encourages pursuit of ideas and innovations. It is what deWnes state-of-the-art. As seen throughout the report on Siena College’s schools, research has become a high-value extension of the curriculum. Most Siena College research grants include students as primary participants in the projects. The impact on campus is far-reaching. The Office of Government and Foundation Relations works closely with faculty to identify and apply for grants. In 2008-2009 their efforts were successful in generating more than $1 million in new funding from the National Science Foundation, NASA, the Jet Propulsion Laboratory/CalTech, the Merck Institute and the Henry Luce Foundation. Siena is also an active member of the national Council on Undergraduate Research. In the past year, examples of Siena students’ research successes were demonstrated in such forums as participants in the NSF Research Experience for Undergraduates at universities in Europe and the U.S.; selection from 400 entrants for presentations on Capitol Hill; biodiversity study in South Africa; and presentations at the American Chemical Society, Keck Northeast Astronomy Consortium and Planetary Science meetings. Sociology student Diane Carvagno presented a paper at the New York State Sociological Association’s 56th Annual Meeting. The paper is the culmination of her Research Methods project studying Siena student attitudes toward radio censorship. In the School of Business, in addition to the handson experiences students have in the Hickey Financial Technology Center, the Market Research Lab impacts

student study with a complement of analytical tools and databases. Combined with the Siena Research Institute’s call center capability, this brings real-world, real-time resources to students. Funded by a multi-year grant from the Merck/ American Academy for the Advancement of Science Undergraduate Science Research Program, each summer, two chemistry and two biology students combine their knowledge and work jointly on projects. Coordinated by Dan Moriarty, Ph.D., associate professor of chemistry, and Chris Harbison, Ph.D., assistant professor of biology, the program focuses on interdisciplinary collaboration in the laboratory. The Siena Summer Scholars Program promotes inquiry and creativity by supporting scholarly activity in which faculty and undergraduate students collaborate. It fosters exploration and discovery by providing opportunities to design and conduct original research with real outcomes. Likewise, the Summer Legal Fellows component of the Pre-Law program places qualified undergraduate students in a variety of prestigious law schools for six weeks. This program is the only one of its kind in the nation. Under the direct supervision of a law professor, Fellows undertake original legal research alongside second and third year law students. The law school sponsors have published Siena students’ work, which provided the basis for legal action in state and federal jurisdictions. The trajectory of research awards and results at Siena College is the ultimate assessment and validates the quality and relevance of our programs. As success breeds success, it is a powerful magnet to help attract more high-quality faculty and students.

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STUDENT LIFE
ENVIRONMENT SUPPORT BALANCE

A DAY OF LIVING HISTORY The Center for Revolutionary Era Studies (CRES) continued to develop its relationship with the Historic Saratoga/Washington-onthe-Hudson Partnership. Jennifer

Dorsey, Ph.D., associate professor of history, became the Center’s first Director in September 2008. CRES connects the campus in multiple ways by building appreciation for events and ideals behind the struggle for American independence, academic programming for Certificate students and community outreach. As an example, on a blustery day in April, the Siena College History Club and the Center for Revolutionary Era Studies presented “From the Front Lines to the Front Lawn: A Day of Living History” on the green in front of Siena College. Representing the Revolutionary War, Civil War and Modern War eras, student re-enactors and the ROTC established an encampment and demonstrated clothing, foods, weapons and military exercises to the campus community and more than 165 visitors.

From the residences to the athletic fields, from more than 60 clubs to hundreds of events, student life at Siena College is extensive and energetic. It extends beyond the classroom, textbooks and labs. Its lessons are woven with Franciscan values in learning about life and living. The center of this robust community is the division of Student Affairs. The division manages the full range of student life activities including residential life, student conduct, student services, health, counseling and wellness, multicultural affairs, campus events, the Sarazen Student Union, public safety, emergency response and planning and dining services. Student Affairs is also the students’ key advocate on campus. Siena’s Social Norms Campaign provides students with accurate feedback on the attitudes, behaviors and beliefs of their peers in such areas as alcohol consumption and other high risk behaviors. As a result of using real data and increased education and outreach, misperceptions, high risk driving, drinking consumption and drinking frequency have been reduced over the past three years. During the year, Student Affairs instituted enhancements to further effectiveness in student advocacy and demonstrate an appreciation for differences, teamwork and respect for religious, spiritual beliefs and practices. Public Safety and Campus Programs measures are being refined to align better with benchmarks and enhance information that aids decision making. The role of the Office of Public Safety on the Siena campus cannot be overstated. Public Safety’s professionalism was enhanced last year by working toward its goal of being received as a highquality, customer-friendly student service. In keeping with best practices in higher education student life, Student Affairs monitored student engagement and learning performance indicators through the National Survey of Student Engagement, the Association of College and University Housing Officers, Noel-Levitz Student Satisfaction Survey and

the Health Survey to identify areas of accomplishment and opportunity. The Office of Residential life provides more than an outstanding housing program at Siena. Student resident assistants are trained as leaders through a Franciscan lens in recognizing students who may need personal or academic assistance. The office conducted a workshop, “Future Leaders in Student Affairs” for student leaders to explore career opportunities in higher education. The office supported close to 400 educational and social programs with a cumulative total of more than 8,000 students participating. Athletics plays a key role in defining the energy and spirit of the Siena campus and 2008-2009 marked one of the most exciting years in Siena’s athletic history. Our men’s basketball team, women’s volleyball team, women’s golf team and men’s lacrosse team all won MAAC Championships, highlighting a year in which great strides were made. Men’s basketball again had a historic season, posting a program record 27 wins capped off with a victory over Ohio State and a near-miss against top overall seed Louisville in the NCAA Tournament. For women’s volleyball, it was a record fourth straight trip to the NCAA Tournament, while our upstart men’s lacrosse team made the Field of 16 for the first time in program history. We saw dramatic improvement in athletic success across the board, evidenced by our second place finish in the MAAC Commissioner’s Cup for men’s sports and our fourth place overall finish. Our student-athletes continue to excel in the classroom. Our most recent Graduation Success Rate (GSR) of 94% tied for the sixth highest rate in the nation. Thirteen of our 18 programs own cumulative grade point averages over 3.0 and 90 studentathletes (35% of those eligible) were named to their conference honor rolls. Siena’s athletic achievements led to great national exposure for the College, and our student-athletes continued to make headlines

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while exemplifying Siena’s founding Franciscan values. Siena plays club men’s hockey and its team ranked third in the nation among club hockey with a 28-6-2 record. They were the Super East College Hockey League Champions for the second consecutive year. They returned to the American College Hockey Association Division II national tournament final four. At a time when many colleges are seeing declines in recruiting on campus, the Siena College Career Center continued to provide connections and counsel to students and alumni. There were more than 1,000 career counseling appointments, including nearly 200 with alumni. Thanks to the efforts of Brian West ’91, Nielsen Company CFO, the company recruited on campus for the first time and hired two students for their prestigious Financial Leadership Program. Other new recruiters on campus represented Wojescki & Company CPAs, Marks Paneth & Shron LLP, JP Morgan Chase Bank and Walgreens. Verizon Wireless was also new to Siena for recruiting and was the title sponsor for the Siena Career and Internship Fair. Four-hundred-thirty-two students, 26 percent more than 2008, attended and also 66 organizations (a six percent increase). Celebrating its five-year anniversary, the Sister Thea Bowman Center for Women received a $15,000 grant from State Farm Insurance to host Girls Take Charge leadership workshops for local area high school girls. The Women’s Center was instrumental in establishing the Franciscan Values Student Lounge in Hennepin Hall featuring fairtraded and eco-friendly furnishings. Reflecting Siena’s national involvement and leadership in Student Affairs, Vice President Maryellen Gilroy, Ed.D. was elected chair of the board of directors for the Association for Student Affairs at Catholic Colleges and Universities. In July, Siena hosted 178 Student Affairs administrators from 46 Catholic colleges at their national conference.

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THE CLASS OF 2013 The profile of approximately 800 incoming Siena freshmen continues to increase in diversity, geographic origins and academic achievement.

40%
Increase in Presidential Scholars (most highly qualified academically) in the past four years

28%
Freshmen ranked in the top 10 percent of their high school class. More than three-quarters of the incoming students rank in the top one-third of their class

9
Point increase in overall student SAT scores for the incoming class

97
Number of legacy students (daughters, sons, siblings)

15%
Student ethnic diversity

23%
Students from outside New York state (up from 7 percent)

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ENROLLMENT
FLEXIBILITY CHOICES RELATIONSHIPS

Every student experience at Siena starts with Enrollment Management. It is a process of individual and relational contact. Today, those contact points are many—not just college fairs and brochure mailings, but the Internet, social media and a student’s ability to browse their choices almost without limit. Fortunately, at Siena virtually everyone is involved in the recruiting process that builds each new class. With one of the highest retention rates in the country (88 percent), Siena students are among our best ambassadors. With their proactive involvement across campus, our faculty are also an important reference for prospective students. Following a philosophy of “Be with the people,” the Enrollment Management group reaches out and connects with prospects where they are—online. During 2009, Enrollment Management undertook the creation of a new, comprehensive RU SIENA (www.rusiena.com) site. Prospective students and parents can quickly access details on the College, student blogs, Facebook groups, a virtual tour, a video on financial aid, instant messaging, a photo album and updated descriptions on all academic programs.

Enrollment Management’s efforts resulted in increases in inquiries, campus visits and applications as well as a decrease in the percentage of students admitted. Siena received 7,282 applications for freshman admission; we admitted 3,889 and 784 enrolled. At a time when achieving admission goals was quite difficult for most institutions, Siena “made” its class for the 2009-2010 year. The incoming class metrics show progress on Siena’s continuous improvement of the student profile. With Siena’s extensive curricular choices those students will custom tailor their own future. Most students are surprised when they first discover how much Siena has to offer. Most parents are surprised when they first discover Siena’s affordability. Both are satisfied by Siena’s value and how we help students make a strong start and how the support they receive while here results in a strong finish. U.S. News & World Report includes Siena in their list of schools with the highest graduation rates. According to the National Center for Higher Education Management Systems, 55 percent of U.S. college students graduate within six years, while 72 percent of Siena students graduate in four years.

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FACULTY AND STAFF
COMMITMENT ENGAGEMENT ACHIEVEMENT

SIENA DÉJÀ VU Siena students enjoy a wide range of support and options in shaping their education. Elizabeth Brookins Danz graduated from Siena College in 2004 with a B.S. in biochemistry and was active in undergraduate research, as well as a President’s List student. Dr. Danz earned a Ph.D. in cardiovascular sciences from Albany Medical College. She has joined the full-time faculty at Siena as a visiting member to explore a semester of teaching. In fact, the current Siena full-time faculty includes 24 Siena alumni who have returned to carry on the traditions of excellence with new generations of students.

If students are the heart of a college, faculty and staff are its soul. At Siena, scholarship and achievement blend seamlessly with Franciscan values because the faculty and staff walk the talk. Siena’s concept of community is much more than an organizational description. It is the cohesive way the college’s faculty and staff operate. Some people work together; Siena people serve together. There is a rich tradition in how learning, work and life are connected. Throughout Siena’s classrooms, laboratories, facilities, programs and activities, the spirit is welcoming and nurturing. It’s seen in the way Raj Devasagayam, Ph.D., associate professor of marketing and management, uses ethics as the integrative lens to evaluate business decisions. His students learn to not just be interested in the ‘right’ solution, but in the ‘good’ solution. It’s how Ted von Hippel, Ph.D., assistant professor of physics, organized regular sky observations for physics students in the parking lot near the maintenance building. This has provided observing experience and projects for nearly 300 students. Rose Finn, Ph.D., is the first woman to teach physics at Siena. Her work in physics, astronomy and teacher training is receiving notice within the science community. Her dedication, passion and style are helping to interest more women in Siena’s School of Science. The expertise of Siena faculty is sought after and acknowledged by organizations off-campus. Since the publication of his book, Developments in the National Security Policy of the United States Since 9/11, Len Cutler, Ph.D., professor of political science

and pre-law advisor, has been tapped as an expert by the U.S. Department of Justice’s Office of Legal Counsel to comment on issues facing the new administration, including torture, rendition and the closure of Guantanamo Bay. Dr. Cutler was asked to testify to the Subcommittee on the Constitution of the Senate Judiciary Committee. Ed LaRow, Ph.D., professor of biology, oversees Siena’s 12 cooperative programs in medicine, dentistry, optometry and podiatry. He has spent 26 years assisting students to achieve their health professions goals. Albany Medical College awarded him an honorary doctorate to recognize his work in the development and direction of the Siena/Albany Medical College Science, Humanities and Medicine Program from which nearly 200 students have earned their degrees. Major Matthew Chambers, a member of the Siena faculty in military science, was awarded the Colonel Leo A. Codd Memorial Award for Outstanding National Instructor of the Year for Army ROTC. Donna McIntosh, M.S.W., professor of social work, was awarded Teacher of the Year by the New York State Social Work Education Association. Adding to the Siena culture are new faces and functions to expand the College’s effectiveness: To provide guidance regarding evidence-based decision-making and continuous improvement to the College, as well as to maintain an ongoing relationship with the Middle States Commission on Higher Education accreditation organization, the Office of Institutional Effectiveness was established. Penelope Brunner, Ed.D. was appointed as associate vice

27

ANDREA SMITH-HUNTER, Ph.D. Associate Professor of Marketing and Management and Hickey Chair in Business is an author, researcher and much requested national speaker on the topic of women entrepreneurs across racial lines. She also has been appointed to the White House Council on Women and Girls.

president for Academic Affairs--Planning. Prior to Siena, Dr. Brunner was a faculty member at the University of North Carolina Asheville and international consultant in education effectiveness, assessment and learning assurance. To expand the College’s outreach to all of its audiences, marketing communications and media relations staffs were brought together in the new and expanded Office of Strategic Communications and Integrated Marketing under the leadership of Delcy Fox. Ms. Fox joins Siena with significant experience in higher education, including her most recent post as Director of Marketing at Rensselaer Polytechnic Institute. The Campus Ministry and continued enhancement of the College’s Franciscan and Catholic mission have been put in the capable hands of Fr. Gregory Jakubowicz, O.F.M., College Chaplain. Fr. Gregory comes to Siena with a rich blend of law, business, education and pastoral experience, most recently as chief operating officer at Washington Theological Union. The Office of Enrollment Management plays a critical and demanding role in keeping Siena at the forefront of attracting and retaining students in both numbers and quality. For 22 years, Ned Jones has progressively moved up within the Enrollment organization holding numerous positions of increasing responsibility. In 2009, after a national search, Mr. Jones was named Vice President for Enrollment Management. In his first official year in the position, he led the department in exceeding Siena’s enrollment goals despite the troubling economy.

Siena 2009 President’s Report

28
Siena 2009 President’s Report

OVERALL, THE YEAR’S RECYCLING ACHIEVEMENTS are impressive (and very Franciscan and planet-friendly) According to figures released in January 2009, Siena: RECYCLED enough paper to save 27,000,000 sheets of newspaper (saving 2,200 mature trees from being cut down) CREATED enough landfill space for the disposal needs of 1,000 people for one year SAVED 907,000 gallons of water (would meet the fresh drinking water needs of 403 people on a monthly basis) SAVED enough gas to drive 86,800 miles in a 28 mpg vehicle COLLECTED 20 pallets worth of end-of-life electronic equipment for recycling (e-waste contains many toxic substances, including lead, mercury, cadmium and brominated flame retardants)

SIENA GETS EVEN GREENER Stewardship of our resources is a key component of both Siena’s mission and its vision. During the 2009 school year, based on input from the campus community, a new recycling system was launched by the Facilities department. A new set of labeled receptacle baskets and bins were distributed to students, faculty and staff and Residential Life promoted increased awareness for recycling. As a result, the campus can now recycle a long list of materials made from paper, plastic, glass and metal.

Pedestrian walkway

33 Fiddlers Lane

New residence hall

29
Siena 2009 President’s Report

FACILITIES AND INFRASTRUCTURE
ENVIRONMENT TECHNOLOGY SUSTAINABILITY

To people driving by Siena College on Route 9, the campus may not seem to have changed much over the years. In fact, it is now a 174-acre, park-like campus. It includes educational and recreational facilities, residence halls, townhouses and state-ofthe-art technologies to create an enjoyable, safe and secure environment. Research shows that a residential campus is closely linked to student engagement, retention and likelihood to graduate. The combination of residence hall suites and townhouses at Siena offers students comfort and amenities in their homes away from home. During 2008-2009, the offices of Residential Life and Facilities Management collaborated with students on ongoing enhancements to campus housing. These included the redesign and renovation of five townhouse units at MacCloskey Square. Work was begun on renovating an additional six townhouse units. In an ongoing effort to improve and expand housing and dining for the existing student body by providing comfortable living spaces, Siena has announced plans to develop a new 264-bed residence hall with a dining facility near Colbeth Hall. With the support of the Board of Trustees and pending approval from the Town of Colonie Planning Board, the hall’s construction is scheduled to start in November of 2009. The facility plan has been shared with the neighboring homeowners and is expected to be ready for occupancy in September 2010. To continually meet the needs of the campus community, the past year’s facilities improvements included: renovations to offices in Siena Hall and Fr. Ben Kuhn House; adding a high-technology

interactive classroom in Siena Hall; renovation of 33 Fiddlers Lane to provide much needed meeting facilities and offices for Development and External Affairs; and improvements in the Technology Services offices. Looking out most any window on campus, it is easy to see ongoing grounds and landscaping enhancements. During 2008-2009 a study circle was added in front of Foy Hall and a beautiful pedestrian walkway and retaining wall were added in front of Roger Bacon Hall. Keeping up with technology is always a priority on a college campus to ensure that students are at the leading edge as technology users. In the past year, Siena went wireless in the residences. While this seems a simple step in these times, it is one that we undertook with caution to ensure the community could enjoy the benefits of access with informational security. Siena College retained the services of SunGard Higher Education to enhance how we teach, learn, manage and connect. SunGardhe will provide the College with technology, Web design and information technology management services. SunGardhe serves 1,600 colleges and universities worldwide in building resources to support learning communities. Most readers of this report will be personally aware of the challenges we face today in our energy use. Fortunately, the Siena campus community has been most cooperative and, in the spirit of St. Francis, respectful in helping the College manage our energy resources. Among 300 colleges and universities across the U.S., Siena has been cited as a best practice school in its per square footage consumption of energy.

30
Siena 2009 President’s Report

DEVELOPMENT
CONNECTING BUILDING GIVING

The Office of Development and External Affairs is dedicated to helping alumni, parents and friends of Siena in turning their wishes, dreams and goals for the College into realities. While Siena relies on student tuition as a primary source for operating revenue, philanthropic gifts are a critical source as well. This source is becoming more essential as the College grows and maintains its special position in higher education. Every Siena constituency has its own reasons as to why support for the College is a priority. For some, it’s giving back or enhancing the quality of education. For others it is a desire to feel a part of something bigger. For many there are estate and tax planning benefits. Development at Siena provides a variety of opportunities to help donors maximize the impact of their gifts. Development and External Affairs is Siena’s primary contact point for our 28,000 living alumni. One of the most popular and valued ways that individuals and organizations select to make a major gift is to establish a named endowed scholarship. Currently, there are 206 named scholarships. In 2008-2009, 14 new scholarships were generously created by individuals, families and several Siena Reunion classes. We know

from experience that if all donors could talk to the student recipients of this philanthropy they would see how their generosity is making a difference in students’ lives. Siena students themselves play a key role in raising money for the Annual Fund by their participation in the phonathon program. Last year, they were responsible for generating $300,000 (17 percent) of the Annual Fund’s total contributions of $1.75 million. Overall, through the multitude of ways to give— cash, stock, real estate, annuities, matching gifts, bequests—Siena’s more than 6,000 donor contributions totaled nearly $4.7 million. Of that total, 54 percent were alumni donations. In a study of alumni representing four decades, the Office of Development conducted interviews to learn more about alumni’s knowledge and perceptions of the College. It is reassuring to know that our graduates feel very positive, loyal and even indebted to Siena. They have confidence in the College’s stewardship of its resources and its ability to succeed. We also learned there is a need to increase our communication efforts to build awareness of Siena’s advances, challenges and urgencies. This report is one important step in that process.

31
Siena 2009 President’s Report

CLASS PROJECTS Several Siena classes commemorated milestone Reunions by establishing scholarships or supporting the Annual Fund.

’44
65th Reunion—50% of the class donated to the Annual Fund

’54
55th Reunion—Donated $70,000 for scholarships, $28,548 for the Annual Fund, $21,490 for Athletics

’59
50th Reunion—Donated $26,490 for scholarships, $23,830 for the Annual Fund, $3,380 for academic programs

’69
40th Reunion—Two individual scholarship donors provided $31,500 and the class gave $36,224 to the Annual Fund plus $6,500 to academic programs

’79
30th Reunion—$1,500,000 in total donated to Siena to date, including $600,000 in endowed scholarship support. In 2009, the class raised over $150,000. Thirty class members joined the Annual Fund President’s Circle and four enrolled in the St. Francis Society (gift planning).

’84
25th Reunion—Raised $9,775 for the Michael Taddonio/Class of ’84 Scholarship, $32,811 to the Annual Fund, $2,678 to Athletics

32
Siena 2009 President’s Report

BEYOND THE CAPITAL REGION The good works of Siena alumni extend beyond the Capital Region. One example is John Lannan ’06, who pitches for the Washington Nationals major league baseball team. He has been generous with his time in trips to visit wounded military and holiday activities for children in need. He is a sports ambassador for the Children’s Inn—a place like home for sick children and their families— at the National Institutes of Health. Recently he established Lannan’s Cannons, a special section for 25 Children’s Inn residents to enjoy a Nationals’ game with their families.

SIENA RESEARCH INSTITUTE The Siena Research Institute (SRI) conducts regional, statewide and national surveys and polls on business, political, economic, voter, social, academic and historical issues. SRI’s results are published in print and electronic media, scholarly journals and books. SRI provides employment and internships for more than 100 Siena students each semester.

THE IMPACT OF CARING AND SHARING
The Franciscan Center for Service and Advocacy serves as Siena’s primary vehicle for promoting service to others. In addition to its place in the curriculum as a minor and a source of student internships, the Center organized, implemented and supported more than 40 major volunteer programs, events, initiatives and projects during the 2008-2009 year. They included blood drives, walks and races, service projects, advocacy projects, meals for the needy, tutoring, food pantry, mentoring and voter registration. The Franciscan Giving Tree event collected well over 1,000 gifts for 651 people. Employees adopted 58 families to bring the spirit and joy of Christmas to many who would otherwise go without.

33
Siena 2009 President’s Report

COMMUNITY
COMPASSION RESPONSIBILITY SERVICE

At Siena, community is not a place, but a deeply embedded awareness that we all affect one another, particularly in how we serve the poor and marginalized. It is a philosophy rooted in the Franciscan tradition of service and informed by the themes of Catholic social thought. The Siena community extends beyond the campus and presents a magnitude of people, events and organizations that serve the larger community. Each year, Siena’s students, faculty, staff and alumni work on projects that help to improve the quality of life, raise financial support and make a tangible difference to people from all walks of life. Students, faculty and staff raised $17,500, matched by Prime Companies, and provided hundreds of student volunteers to work on the Siena Habitat for Humanity House construction in Albany, N.Y. Students enrolled in the Organization and Management course raised more than $4,600 by staging numerous events for the benefit of Whitney M. Young Health Services. Seniors in the Social Welfare Policy and Services course completed a policy action project in response to a state budget proposal blocking grants to runaway and homeless youth programs. They joined a statewide effort to stop the proposal and distributed flyers to 212 legislators at the Capital. Their slogan, “Build Futures. Don’t Block Them.” was adopted by the statewide coalition. Charity Week benefited the Catie Hoch Foundation, an organization dedicated to helping children in treatment for cancer. Students put together trips, bingo, auctions, pie throwing and a wine tasting dinner. Elizabeth Woodward ’12 has spent 600 hours in volunteer service, teaching horseback riding to the mentally challenged and was honored as the Region 2 Volunteer of the Year for the North American Riding for the Handicapped Association. Through its Saints in the Community program, student-athletes and coaches make numerous appearances in local classrooms, community centers and hospitals. They volunteered hundreds of hours to help non-profit organizations including the American

Cancer Society, Ronald McDonald House and the Adopt-A-School program. The Franciscan Center for Service and Advocacy (FCSA) celebrated its 10th anniversary with a special ceremony. A scholarship was named for Fr. John Felice, who, as provincial minister of the Holy Name Province, provided the initial funds to start the Center. The Province has given $25,000 to date toward the scholarship. To mark the occasion of the anniversary, the Province gave an additional gift of $25,000, which was immediately matched by friends of Fr. John and the Center. Annual earnings from this newly endowed scholarship will be given to Siena students who participate in service and pursue the Franciscan minor. The FCSA includes Academic Community Engagement, AmeriCorps VISTA Fellows, the Bonner Leaders program and the Mentoring Program, which is over 40 years old. It has engaged several thousand Siena graduates who have served as mentors. The Class of 1968, in honor of their 40th Reunion, has raised over $250,000 to support the Mentoring Program. The FCSA is taking on a much more active role in the integration of academics, service and faith. Through FCSA, in-class projects and student clubs, Siena offers opportunities to serve more than 100 organizations focused on services for the poor and homeless, crime victim assistance, support for the developmentally disabled, literacy, environmental, faith-based family, youth and elderly needs and animal care. Siena alumni remaining in the Capital District following graduation have impact on the region. In professions, education and business they make major contributions to the local economy. More than 330 local senior level executives are Siena alumni, as well as partners in the area’s top 20 CPA firms and top executives at three area hospitals. More than 300 of the region’s attorneys and more than 230 of its physicians are Siena graduates. Two businesses headed by Siena alumni were named among the Best Places to Work—Alpin Haus and GTM Payroll Services. Alumni’s sense of giving doesn’t go away when they leave the campus. Siena graduates become leaders, volunteers and donors for a full range of charitable, religious and not-for-profit organizations.

34
Siena 2009 President’s Report

Statements of Financial Position
MAY 31, 2009 AND 2008 Assets Cash and cash equivalents Short-term investments Accounts receivable, net Accrued investment income Contributions receivable, net Deposits with bond trustees Prepaid expenses and other assets Student loans receivable, net Investments Land, buildings and equipment, net Total assets Liabilities and Net Assets Liabilities: Accounts payable and accrued expenses Deposits and deferred revenues Annuities payable Postretirement benefits Federal student loan funds Asset retirement obligation Long-term debt Total liabilities Net assets: Unrestricted: Invested in property, plant and equipment from: College funds Government appropriations Gifts and others Undesignated Designated by external contracts: Debt service and related escrows Planned giving annuity reserves Designated by Board of Trustees: Capital projects and equipment Long-term investments and growth Program support Total unrestricted Temporarily restricted Permanently restricted: Financial aid Academic and student services programs Faculty chairs Facilities Total permanently restricted Total net assets Total liabilities and net assets 2009 3,871,931 8,207,765 1,633,009 263,278 3,320,620 7,102,616 1,868,307 3,428,940 110,133,451 92,463,900 232,293,817 2008 2,569,679 10,274,910 1,347,086 379,292 3,915,013 7,097,606 3,553,834 3,392,255 144,945,216 92,432,770 269,907,661

$

BALANCE, NEED, STABILITY Through economic turmoil, growth in enrollment and faculty, demand for increased services and maintenance, expansion of faculty-student research, investments in new facilities and infrastructure and the pressures to maintain affordability and value, Siena College has demonstrated the strength of its foundation, the discipline to balance budgets and an ability to think and act progressively. Moody’s Investors Service has reaffirmed Siena College’s A3 debt rating and rendered the opinion that the outlook is stable. By most measures, the Siena approach to financial stewardship is conservative and positions the College to withstand its challenges. At the same time, we are proud to report that Siena ranks very competitively with comparable institutions in areas such as faculty compensation, preservation of endowment and investment in new technology.

$

$

9,352,279 2,216,878 1,128,659 6,312,854 3,058,398 3,291,405 45,902,023 71,262,496

8,457,455 2,501,275 1,107,699 6,102,175 3,018,503 3,164,808 48,915,680 73,267,595

53,661,808 57,495 463,750 54,183,053 18,184,267 6,174,839 696,826 6,871,665 25,060,074 7,869,261 593,021 33,552,356 112,761,341 3,703,935 36,277,475 5,184,952 1,334,928 1,768,690 44,566,045 161,031,321 232,293,817

50,630,255 64,814 469,426 51,164,495 26,329,789 6,868,108 743,224 7,611,332 36,901,729 12,065,224 830,172 49,797,125 134,902,741 3,893,615 48,262,057 6,362,965 1,796, 121 1,422,567 57,843,710 196,640,066 269,907,661

$

FRANCISCAN VALUES IN ACTION Recognizing the potential and real impact of the economic crisis and its associated difficulties on Siena families, Fr. Kevin Mullen, Development and External Affairs and Financial Aid took important action to identify and assist students so that they could maintain their place in the Siena family. In the same spirit of Franciscan giving, long-time friend of Siena, St. Bernadine Medal honoree and generous donor Phyllis Dake stepped in to establish the Dake Scholarship with a focus on supporting students who have experienced a change in their financial circumstances during the academic year. The shared values and collaboration of Siena’s many benefactors provide continued inspiration and are invaluable in complementing the College’s continued ability to support our students.

35
Siena 2009 President’s Report

Statement of activities
YEAR ENDED MAY 31, 2009 (With summarized information for the year ended May 31, 2008)

Unrestricted Operating revenues: Tuition, fees, room, and board Less financial aid Net tuition, fees, room, and board $ $ 97,555,076 27,945,199 69,609,877 1,419,792 2,742,087 6,061,909 3,895,462 267,847 83,996,974

Temporarily restricted

Permanently restricted

2009 Total

2008 Total

97,555,076 27,945,199 69,609,877 210,624 131,093 1,630,416 2,873,180 6,061,909 3,895,462 84,070,844

89,718,457 25,633,870 64,084,857 1,203,647 2,685,700 5,561,054 3,805,101 77,340,089

Government grants and contributions Private gifts and grants Investment returns designated for current operations Other sources Net assets released from restrictions Total operating revenues Operating expenses: Instruction General administration Student services Institutional support Auxiliaries Other Total operating expenses Increase in net assets from operating activities Nonoperating activities: Investment return, net of amounts designated for operations Contributions Actuarial gain [loss] on annuity obligations Other-fundraising expense Net assets released from restrictions and changes in donor intent [Decrease] increase in net assets from nonoperating activities [Decrease] increase in net assets before effect of adoption of sfas No. 158 Effect of adoption of sfas No. 158 Net [decrease] increase in net assets Net assets at beginning of year Net assets at end of year $

[267,847] 73,870

35,838,801 6,253,613 15,473,264 8,618,132 17,705,169 101,973 83,990,952 6,022 73,870

35,838,801 6,253,613 15,473,264 8,618,132 17,705,169 101,973 83,990,952 79,892

33,322,160 4,855,345 14,888,135 7,136,792 16,470,671 105,216 76,778,319 561,770

[22,074,571] 44,079 [267,299] 150,369 [22, 147,422] [22, 141,400]

[132,855] 92,550 5,294

[14,144,388] 795,961 [7,408]

[36,351,814] 932,590 [2,114] [267,299]

976,342 1,910,451 24,899

[228,539] [263,550] [189,680]

78,170 [13,277,665] [13,277,665] [35,688,637] [35,608,745] 2,911,692 3,473,462 659,046

[22, 141,400] 134,902,741 112,761,341

[189,680] 3,893,615 3,703,935

[13,277,665] 57,843,710 44,566,045

[35,608,745] 196,640,066 161,031,321

4,132,508 192,507,558 196,640,066

Operating Revenues Net Tuition Fees Room & Board 83% Investment Returns Other Revenues Private Gifts & Grants Government Grants & Contributions 7% 5% 3% 2% Instruction 37% Student Services 15% Auxiliaries 13% Institutional Support 10% Operation and Maintenance of Plant General Administration Depreciation Interest & Other 8% 7% 7% 3%

Operating Expenditures

36
Siena 2009 President’s Report

our future
CHALLENGES OPTIMISM OPPORTUNITY

A LIVING VISION In 1937, Siena College had a humble beginning. The seven founding fathers—the Franciscan Friars of the Province of the Most Holy Name of Jesus—saw great potential. Their original optimism and vision have been validated many times over. Most recently: In the Business Week/PayScale study, Siena made the top 50 in colleges that open doors to higher incomes. Siena moved up four places to the top schools category in the 2009 U.S. News & World Report Edition of “Best Liberal Arts Colleges” which ranks academic reputation, student selectivity, freshman retention, graduation rate, faculty and more.

When we look at all we have done together and all that has become Siena College, we can’t help but be excited by imagining all we can still do. Siena College has much to be thankful for. We are constantly encouraged and inspired by the performance of Siena people. They embrace Franciscan values with enthusiasm, step up to always do more than asked and they are proactive in identifying and making the best of every opportunity. As we prepare the next strategic plan for Siena College, we have momentum, but higher education is always in a race that has no Wnish line. The future gets closer every minute, so we are conditioned to act with a sense of urgency. The challenges of the 21st century remind us that every year is a turning point and we cannot relax in our pursuit of excellence in educating and shaping the character of tomorrow’s leaders. The demands are many—continued growth, academic excellence, managing the deferred maintenance portfolio, generating endowment revenue, broadening the active Siena community, recruiting the best and the brightest students, faculty and staV and continually raising the value of the Siena degree. We know the future will be dynamic and charged with change. With the engagement and support of our community, Siena will be well-positioned to anticipate, adapt and transform. We seek to build on our history of providing a solid education, a transformational experience and a lifetime membership in the Siena tradition.

Leadership
PRESIDENT’S CABINET

Fr. Ken Paulli ’82, O.F.M, Ed.D. Chief of Staff
2008-2009 BOARD OF TRUSTEES

Linda Richardson, Ph.D. Vice President for Academic Affairs

Maryellen Gilroy, Ed.D. Vice President for Student Affairs

Ned Jones Vice President for Enrollment Management

David Smith ’79 Vice President for Development and External Affairs

Paul Stec ’79, M.B.A., C.P.A. Vice President for Finance and Administration

Ronald E. Bjorklund ’85 Bradley Bodmer, Esq. ’82 J. David Brown Michael Bucci ’73 Robert F. Campbell ’66 Beverly A. Carroll Robert M. Curley Robert T. Cushing ’77 Susan Law Dake Virginia L. Darrow ’83 John J. Dawson, Esq. ’68 Scott C. Donnelly Howard S. Foote ’74 Robert L. Guido ’68 Douglas T. Hickey ’77 Rev. Kenneth R. Himes ’71, O.F.M., Ph.D. Gary C. Holle ’77 Edward J. Johnson ’63 Walter T. Kicinski ’62 Alberto C. Mariaca ’60 Rev. Jerome J. Massimino, O.F.M. Pamela McCarthy Robert J. McCormick ’87 Rev. Dominic V. Monti, O.F.M., Ph.D. James J. Morrell ’66 Very Rev. Kevin J. Mullen ’75, O.F.M., Ph.D. John F. Murray ’79 John J. Nigro Very Rev. John F. O’Connor, O.F.M. Walter A. Osterman ’87 Joseph M. Pastore, Jr., Ph.D. Kenneth M. Raymond, Jr. Mark S. Rose ’65 Rev. Peter A. Schneible, O.F.M., Ph.D. Michelle M. Schoulder ’99 David M. Stack ’73 Christine L. Standish Br. Daniel P. Sulmasy, O.F.M., M.D., Ph.D. Dennis L. Winger ’69

515 Loudon Road Loudonville, New York 12211 www.siena.edu

1109 00314 OG

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