CENTRE COLLEGE OF KENTUCKY
600 W Walnut St
Danville KY 40422
Contact Information
Nonprofit CENTRE COLLEGE OF KENTUCKY
Address 600 W Walnut St
Danville, KY 40422
Phone (859) 238-5200
Contact Name Richard Trollinger
At A Glance
IRS Ruling Year 2004
Financial Summary
Revenue vs Expenses - All Years
Expense Breakdown - Recent Year
Statements
Mission Statement

Centre College’s mission is to prepare students, in a close and caring community, for lives of learning, leadership, and service in a global society.

Background Statement

Centre College was founded by Presbyterian leaders and officially chartered by the Kentucky Legislature on January 21, 1819.  Despite early financial hardships, disputes within and outside of the Presbyterian Church, and several wars (including the occupation of Old Centre by both Confederate and Union troops during the Civil War), Centre has remained open and committed to its educational mission since its founding.

Founded primarily as an institution devoted to training young men for the ministry, Centre has changed throughout its history to keep pace with the educational demands of a growing region and nation.

Throughout its long history, Centre has been supported and enhanced by its alumni, who have taken positions of prominence and usefulness in a variety of fields. Centre alumni include two U.S. vice presidents, one Chief Justice of the United States, an associate justice of the Supreme Court, and at least 13 U.S. senators, 43 U.S. representatives, 11 state governors, and several moderators of the General Assemblies of the Presbyterian Church. Other Centre alumni have been and are leaders in a variety of fields, including teaching, business, medicine, law, and journalism. Centre alumni are widely known as the most loyal in the nation, for years leading all of America's colleges and universities in the percentage who give financial support each year.


As the College heads toward its bicentennial in 2019, it continues to thrive and grow, with enrollment now about 1,250 and the faculty numbering about 115. In 2010, the campus includes 152 acres and a total of 66 buildings.

Centre College and its people have had much to be proud of and thankful for in the past: outstanding leaders who demonstrated a consistent preference for quality over quantity, generations of devoted teachers and students, and an exceptionally successful body of alumni. But equally important among these qualities is a sense of connection with the past, giving added meaning to the present and providing inspiration for this tradition to be continued in the future.
Impact Statement
Top Accomplishments for 2014-2015:
  • Announced the launch of the Grissom Scholars Program for the fall of 2015 and the Lincoln Scholars Program for the fall of 2016.  Each program will award ten full-ride plus scholarships to deserving students;
  • Launched the public phase of the Third Century Campaign with a goal of $200 million;
  • Centre appeared in several rankings for superior education:  2016 Fiske Guide to Colleges - "Best Buy"; U.S. News Top-50 institution; #32 Best Value in Money magazine; named a "Great College to Work For"; among many others; and,
  • Completed the fiscal year with 45% of all alumni and 42% of current parents making a gift to the College.
Goals for 2015-2016:
  • Increase alumni participation percentage to over 50% and regain the number one position in the country in this category;
  • Continue to advance the goals and initiatives as set forth in CentreForward, Centre's current strategic plan; and,
  • Secure more funding for student scholarships and other educational programs to ensure more opportunities for our students through the Third Century Campaign.

 

Geographic Areas Served
Areas
International
National
Board Chair
Board Chair Randal B. Kell
Company Affiliation The Mark Winkler Company
Board Members
NameAffiliationStatus
Thomas R. Baeker Commonwealth Cancer Center
John R. Barton Baptist Health Lexington
William S. Bowmer IIIBarclays
Anita M. Britton Britton Osborne Johnson, PLLC
Robert Brockman Reynolds & Reynolds
Sheila A. Burks OFS Fitel, LLC
Rutheford B. Campbell Jr.University of Kentucky
Greg W. Caudill Farmers National Bank
Paul W. Chellgren Snow Phipps Group, LLC
Jess Correll First Southern Bancorp, Inc.
S. Gordon Dabney Wyatt, Tarrant & Combs
Joanne K. Duncan Inez Deposit Bank
Robert L. Elliott Elliott, Houlihan & Skidmore, LLP
Barbara F. Emler Retired
Angie M. Evans LG&E and KU
Richard L. Frymire Frymire, Evans, Peyton, Teague & Cartwright
J. David Grissom Mayfair Capital
G. Watts Humphrey Jr.GWH Holdings, Inc.
Lea Stromire Johnson Moore and Van Allen
Randal B. Kell The Mark Winkler Company
Elizabeth T. Kennan Retired
Beth Klein Klein Family Foundation
John Landrum Retired
Tao Le Medsn, Inc.
Crit Luallen Commonwealth of Kentucky
Charles J. Luellen Retired
Jeffrey L. Mackin Interlock Industries, Inc.
Kenneth J. Mardick M3 Resources USA, LLC
Daryll W. Martin Percipient Resources, Inc.
Thomas H. Meeker Retired
Brian Mefford Connected Nation Exchange
John H. Newman Retired
Mark E. Nunnelly Commonwealth of Massachusetts
Joseph H. Patterson Retired
Peggy Purdom Patterson Retired
Lillian H. Press Retired
George W. Privett Jr.Lexington Diagnostic Center
James M. Ratcliffe Retired
Eddy Roberts Jr.Retired
Nelson D. Rodes Jr.Retired
James L. Rogers IIIThe Packers of Indian River, Inc.
James D. Rouse Rouse & Rouse
James C. Seabury IIIEnterprise Electric, LLC
James A. Smith Consultant
Jane L. Stevenson Retired
Margaret A. Stroup Retired
Lee D. Tatum Brown-Forman Corporation
Kevin D. Taylor City Securities Corporation
Board Demographics - Ethnicity
African American/Black 3
Asian American/Pacific Islander 1
Caucasian 42
Hispanic/Latino 0
Native American/American Indian 0
Other 0 0
Board Demographics - Gender
Male 34
Female 12
Unspecified 0
Governance
Board Term Lengths 6
Board Term Limits 0
Board Meeting Attendance % 78%
Written Board Selection Criteria? No
Written Conflict of Interest Policy? Yes
Percentage Making Monetary Contributions 100%
Number of Full Board Meetings Annually 3
Standing Committees
Academic Affairs
Administration
Audit
Development / Fund Development / Fund Raising / Grant Writing / Major Gifts
Executive
Finance
Investment
Nominating
Strategic Planning / Strategic Direction
Student Affairs
CEO/Executive Director
Executive Director John A. Roush
Term Start July 1998
Staff
Full Time Staff 275
Part Time Staff 29
Volunteers 582
Contractors 138
Retention Rate 92%
Staff Demographics - Ethnicity
African American/Black 3
Asian American/Pacific Islander 3
Caucasian 413
Hispanic/Latino 5
Native American/American Indian 0
Other 8
Staff Demographics - Gender
Male 217
Female 225
Unspecified 0
Senior Staff
Title President
Title Vice President for Academic Affairs, Dean of the College, and Professor of Biology
Title Director of Human Resources and Administrative Services
Title Vice President for College Relations
Title Vice President and Dean of Student Life
Title Dean of Admission and Student Financial Planning
Title Executive Assistant to the President and Assistant Secretary of the Board of Trustees
Title Special Assistant to the President, Director of International Programs, and Cowan Professor of English
Title Associate Vice President for Legal Affairs and Gift Planning
Title Director of Communications
Title Associate Dean of the College
Title Director of Athletics and Recreation
Title Special Assistant to the President for Institutional Research and Special Events
Title Chief Financial Officer
Description
Centre College's Annual Giving Program supports the Centre Fund, which provides direct support for the College's mission.  It is the key to the personal education and extraordinary success that Centre is committed to providing to the worthiest students.  The Centre Fund is unrestricted and limitless in its ability to help every student and enhance the Centre Experience, as it provides direct and immediate support to the programs most in need. 
Category Education, General/Other Postsecondary Education
Population Served US& International, ,
Plans & Policies
Organization has a Fundraising Plan? No
Organization has a Strategic Plan? Yes
Management Succession Plan? No
Organization Policy and Procedures No
Nondiscrimination Policy Yes
Whistleblower Policy Yes
Document Destruction Policy No
Financials
Revenue vs Expenses - All Years
Expense Breakdown - Recent Year
Fiscal Year
Fiscal Year Start July 01, 2016
Fiscal Year End June 30, 2017
Projected Revenue $68,584,355.00
Projected Expenses $67,594,548.00
Endowment Value $270,000,000.00
Detailed Financials
Revenue and ExpensesHelpFinancial data for prior years is entered by foundation staff based on the documents submitted by nonprofit organizations.Foundation staff members enter this information to assure consistency in the presentation of financial data across all organizations.
Fiscal Year201520142013
Total Revenue$86,617,238$99,527,138$89,172,781
Total Expenses$86,612,584$83,008,334$82,365,822
Revenue Less Expenses$4,654$16,518,804$6,806,959
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available). Revenue from foundations and corporations may be included in individual contributions when not itemized separately.
Fiscal Year201520142013
Foundation and
Corporation Contributions
------
Government Contributions$332,673$244,244$284,551
Federal------
State------
Local------
Unspecified$332,673$244,244$284,551
Individual Contributions$7,149,768$23,600,465$18,337,134
$0----
$75,154,750$72,380,831$67,468,856
Investment Income, Net of Losses$3,686,548$2,986,605$2,609,111
Membership Dues$0----
Special Events$0----
Revenue In-Kind$2,930,259----
Other$293,499$314,993$473,129
Expense Allocation
Fiscal Year201520142013
Program Expense$70,402,905$677,566,055$64,151,772
Administration Expense$14,420,585$13,463,185$16,424,956
Fundraising Expense$1,789,094$1,786,094$1,789,094
Payments to Affiliates------
Total Revenue/Total Expenses1.001.201.08
Program Expense/Total Expenses81%816%78%
Fundraising Expense/Contributed Revenue24%7%10%
Assets and Liabilities
Fiscal Year201520142013
Total Assets$429,643,734$421,280,009$377,275,722
Current Assets$37,766,850$58,825,316$43,535,842
Long-Term Liabilities$102,546,495$16,865,378$16,788,061
Current Liabilities$6,473,271$82,576,776$82,244,328
Total Net Assets$320,623,968$321,837,855$278,243,333
Audit Documents
2011 Audit Report
2009 audit
2008 Audit
2007 Audit
Capital Campaign
Currently in a Capital Campaign? Yes
Goal $200,000,000.00
Dates Jan 2013 to Dec 2018
Amount Raised To Date 127537075 as of July 2016
State Registration Yes
Address 600 W Walnut St
Danville, KY 40422
Primary Phone 859 238-5200
CEO/Executive Director John A. Roush
Board Chair Randal B. Kell
Board Chair Company Affiliation The Mark Winkler Company