Pepperdine University

The information on this page was last updated 11/22/2023. If you see errors or omissions, please email: [email protected]


Summary

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

Website: pepperdine.edu

Phone: 310-506-4000

Email: [email protected]


Organization details

EIN: 951644037

CEO/President: James Gash

Chairman: Dee Anna Smith

Board size: 22

Founder: George Pepperdine

Ruling year: 1940

Tax deductible: Yes

Fiscal year end: 07/31

Member of ECFA: No

Member of ECFA since:


Purpose

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.

Our vision statement declares what we intend to become. George Pepperdine envisioned an institution that would transform students' lives so that they would, in turn, impact culture. He imagined a vast body of alumni-men and women conscious of their good fortune, recipients of the generous gift of a Christian education-who would feel the moral imperative to serve others sacrificially. Hence, the school's motto: "Freely ye received, freely give" (Matthew 10:8).


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

As a Christian university Pepperdine affirms:
That God is
That God is revealed uniquely in Christ
That the educational process may not, with impunity, be divorced from the divine process
That the student, as a person of infinite dignity, is the heart of the educational enterprise
That the quality of student life is a valid concern of the University
That truth, having nothing to fear from investigation, should be pursued relentlessly in every discipline
That spiritual commitment, tolerating no excuse for mediocrity, demands the highest standards of academic excellence
That freedom, whether spiritual, intellectual, or economic, is indivisible
That knowledge calls, ultimately, for a life of service.

Donor confidence score

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Transparency grade

D

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating890 of 1112117 of 130
Fund acquisition rating554 of 111369 of 130
Resource allocation rating777 of 111395 of 130
Asset utilization rating925 of 1112120 of 130

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
11%11%13%15%23%20%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%1%1%1%1%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
20%10%9%10%6%8%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
2%1%2%2%1%2%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
80%90%91%90%94%92%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%79%84%78%76%76%
Spending ratio Spending ratio =
Total expenses /
Total revenue
96%89%77%96%96%91%
Program output ratio Program output ratio =
Program services /
Total revenue
79%70%65%75%73%69%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
4%11%23%4%4%9%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%5%10%2%2%4%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%20%14%20%23%22%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.520.260.230.270.270.25
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.703.463.422.715.013.76
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.450.910.800.731.350.94
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.088.6311.209.335.819.47
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.120.120.090.110.170.11
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
7.2211.7113.7314.597.3411.47
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
25%32%31%34%28%28%
Debt ratio Debt ratio =
Debt /
Total assets
11%3%10%12%17%24%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
148%260%298%245%268%290%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$154,099,339$134,707,616$129,006,851$150,369,653$135,731,228
Receivables, inventories, prepaids$73,996,514$62,628,202$71,213,768$67,500,698$52,599,400
Short-term investments$477,943,289$505,640,951$556,027,466$167,300,124$316,370,835
Other current assets$0$0$0$0$0
Total current assets$706,039,142$702,976,769$756,248,085$385,170,475$504,701,463
Long-term investments$935,907,626$865,462,049$582,822,815$780,871,120$687,399,569
Fixed assets$541,744,082$524,240,030$521,166,834$447,499,519$444,508,793
Other long-term assets$262,279,541$308,707,085$187,506,975$317,312,501$261,044,203
Total long-term assets$1,739,931,249$1,698,409,164$1,291,496,624$1,545,683,140$1,392,952,565
Total assets$2,445,970,391$2,401,385,933$2,047,744,709$1,930,853,615$1,897,654,028
 
Liabilities20222021202020192018
Payables and accrued expenses$52,698,500$40,531,149$62,001,347$48,202,020$43,298,616
Other current liabilities$29,083,484$22,208,201$19,045,050$18,131,219$10,020,188
Total current liabilities$81,781,984$62,739,350$81,046,397$66,333,239$53,318,804
Debt$70,078,543$248,346,692$250,081,501$332,064,213$462,162,724
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$630,081,469$422,849,516$356,096,954$137,835,510$13,188,362
Total long-term liabilities$700,160,012$671,196,208$606,178,455$469,899,723$475,351,086
Total liabilities$781,941,996$733,935,558$687,224,852$536,232,962$528,669,890
 
Net assets20222021202020192018
Without donor restrictions$992,618,697$988,419,065$823,004,296$848,967,083$829,663,976
With donor restrictions$671,409,698$679,031,310$537,515,561$545,653,570$539,320,162
Net assets$1,664,028,395$1,667,450,375$1,360,519,857$1,394,620,653$1,368,984,138
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$71,538,193$67,242,887$55,834,209$34,179,043$39,372,267
Program service revenue$551,506,131$453,290,634$465,020,833$435,858,309$408,610,103
Membership dues$0$0$0$0$0
Investment income$87,167,829$200,652,214$49,222,083$63,810,698$61,857,274
Other revenue$8,868,806$3,032,929$10,097,077$9,538,651$10,466,898
Total other revenue$647,542,766$656,975,777$524,339,993$509,207,658$480,934,275
Total revenue$719,080,959$724,218,664$580,174,202$543,386,701$520,306,542
 
Expenses20222021202020192018
Program services$505,518,294$471,968,400$433,660,195$394,369,797$360,054,169
Management and general$126,211,836$79,052,768$113,213,986$119,155,021$104,300,921
Fundraising$7,895,782$8,551,829$8,548,073$7,779,990$7,841,409
Total expenses$639,625,912$559,572,997$555,422,254$521,304,808$472,196,499
 
Change in net assets20222021202020192018
Surplus (deficit)$79,455,047$164,645,667$24,751,948$22,081,893$48,110,043
Other changes in net assets$0$0$0$0$0
Total change in net assets$79,455,047$164,645,667$24,751,948$22,081,893$48,110,043

Compensation

NameTitleCompensation
James GashPresident & CEO$928,829
Lorenzo RomarHead Coach, Basketball$820,397
Gary HansonExecutive VP$638,674
Deryck Janse van RensburgDean, Graziadio Business Schoo$557,990
Rick MarrsProfessor of Religion$531,019
Phil PhillipsSVP For Administration & COO$527,196
Jay BrewsterProvost As of 8/21$512,922
Paul CaronDean, Caruso School of Law$457,773
Samuel HinkleSv Chancellor$451,567
Sara Young JacksonChancellor$437,660
Uisup ParkAssoc Prof & Assoc Dean Pgbs$410,775
Edward LarsonDarling Chair In Law & Profess$408,492
Sara CosentinoVP For Adv & Chief Dev Officer$406,665
Larry PerrinSVP Strategic Implementation$400,893
Michael FeltnerDean, Seaver & Professor$398,455
David SmithAssoc. Professor & Assoc. Prov$373,139
Sukhsimranjit SinghMngng Dir & Assoc Prof Straus$372,187
Charles PippinSVP Invts & CIO Thru 10/21$371,004
Marc GoodmanGeneral Counsel$366,673
Helen WilliamsDean, Gsep; Prof Thru 07/22$337,062
Andrew BentonFormer President$329,913
Lee KatsVice Provost$329,500
Daniel DewaltVP & Chief of Staff$327,315
Connie HortonVP For Student Affairs$323,751
Greg RamirezChief Financial Officer$319,584
Nicolle TaylorVP & Chief Business Officer$305,977
Rick GibsonSv Chancellor$302,144
Jeffrey RohdeChief Inv Officer As of 12/21$301,775
Jonathan SeeChief Information Officer$265,992
Michael NicksDirector of Investments$254,390
Faye HoltonDirector of Investments$233,722
Laura PonderController$222,264
Jeri-Elayne Goosby SmithVP Comm Belonging & Cdo$182,960

Compensation data as of: 7/31/2022


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 11/22/2023. To update the information below, please email: [email protected]


History

pepperdine.edu/about/our-story/history/


Program accomplishments


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