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Oklahoma Christian University Endowment Fund

Name: Oklahoma Christian University

Assets Under Management: $131.2 Million (Source: Oklahoma Christian University on 6/30/2011)

Annual Report: Oklahoma Christian University 2011 President’s Report

Portfolio Insights: “Fiscal 2010-2011 was another year of blessing for Oklahoma Christian University. Contributions from foundations and individuals for things like student scholarships, capital projects, and new endowment exceeded $15 million in total collections. Enrollment was the second highest on record at 2,208, with another record enrollment in graduate students in our MBA, graduate Bible, and the new Master of Science in Engineering program. Affordability of Christian higher education is one of the major issues of our time, and endowment gifts help Oklahoma Christian keep our costs for students lower than most comparable universities.” (Source)

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Top Oklahoma Christian University Endowment Fund Headlines:

1) The Northwest Endowment Fund has been created to help preserve and extend the legacy of Christian higher education in the Pacific Northwest represented by both Columbia Christian College and Cascade College. The histories of Oklahoma Christian University and Columbia Christian College converged in 1993, resulting in the opening of Cascade College as a branch campus of Oklahoma Christian University. Cascade College played an important role in strengthening the church and serving Christian families in the Northwest for 15 years.

Oklahoma Christian University has created the Northwest Endowment Fund to fulfill its ongoing commitment to Christian higher education and service to the churches of Christ in the Northwest. The spendable income from the fund will be used to help provide Christian higher education for students from the region served by Cascade College, as well as for efforts to strengthen and nurture churches of Christ in the Northwest. (Source)

2) Oklahoma Christian University announced today the full endowment of the Rebecca Stafford Endowed Scholarship for Nursing. A $10,000 gift from Mercy Hospital Oklahoma City helped meet the $50,000 fundraising goal, with a matching gift from an anonymous donor boosting the endowment to $100,000.

Rebecca Stafford, a former Oklahoma Christian University student, lost her three-year battle with cancer in March. After enrolling at OC in 2010, she was able to complete a number of classes despite moving in and out of remission, having countless infections, and undergoing chemotherapy and radiation treatments.

“Rebecca wanted to spend as much time as she could as a normal student. Students and people three or four times her age saw her and were inspired,” OC president John deSteiguer said. “The Rebecca Stafford Endowed Scholarship at Oklahoma Christian University is a remarkable tribute to the donors, to the family, to Rebecca and to God. It shows how God can work, and we’re grateful Rebecca’s impact is going to go on long after this.” (Source)

3) Oklahoma Christian University (OC) is a special place of Higher Learning and Higher Calling. It’s a place we call home.

Our mission is to transform lives for Christian faith, scholarship, and service. Students get a better, deeper education at a first-rate Christian university like OC. Our students, alumni and faculty constantly earn national or regional awards or recognition for effectively serving others locally or across the globe. But even beyond the high-quality academic experience, OC provides opportunities for young people to mature spiritually, socially and emotionally in ways that state schools cannot.

At OC, we not only teach, we connect. Christian men and women educate students in the classroom, but also connect with them outside of it – at church, across the campus and in their homes. It is through these deeply important mentoring relationships that students are able to explore real faith, not as stagnant text on a page, but as a living, breathing, world-changing force that’s relevant in every facet of their lives. (Source)

4) John deSteiguer became the seventh president of Oklahoma Christian University (OC) on May 1, 2012. He was inaugurated in special ceremonies on August 27, 2012. A native of Tahlequah, Oklahoma, deSteiguer has spent two decades in higher education. He served Northeastern State University, his alma mater, as its director of development from 1993 to 2002 before coming to Oklahoma Christian.

During deSteiguer’s nine years as OC’s chief advancement officer, most recently as senior vice president for advancement, a record $110 million was given to the university, including the successful Higher Learning~Higher Calling campaign, which raised $64.3 million and was completed ahead of schedule.

That campaign led to significant improvements for Oklahoma Christian, including the new Lawson Commons, featuring the Freede Centennial Tower and McGraw Pavilion, and the $7.5 million initiative to build the Noble Science Wing and upgrade the Mabee Laboratories at Vose Hall. The campaign also produced four new endowed chairs and more than 60 new or enhanced maintenance, operating, and scholarship endowments. (Source)

5) State treasurer Ken Miller appointed OC Board Chair Don Millican to the Board of Directors of the Oklahoma Tobacco Settlement Endowment Trust.

“I am pleased to appoint Don to this important board,” Miller said in a news release. “With his history of philanthropic work in the Tulsa area, I know Don will help the board in fulfilling its mission.”

Millican is Chief Financial Officer at Kaiser-Francis Oil Company in Tulsa. He serves on the boards of Tulsa Educare, Inc., which provides early education for at-risk children, and Neighbor for Neighbor, which operates a free health clinic in North Tulsa.

He has chaired OC’s Board of Trustees since 2001. He and his wife Donna established an endowment at Oklahoma Christian that supports an annual ethics symposium at the university. (Source)

About Richard C. Wilson