2011 economic impact study
DESCRIPTION
Saint Joseph's examines the impact it has on the local economy.TRANSCRIPT
2011
ECONOMIC &COMMUNITY
IMPACTREPORT
Saint Joseph’s University is one of the premier Catholic comprehensive
universities in the Northeast. SJU is an integral part of the Philadelphia
metropolitan area’s powerful higher education industry and non-profit
sector. Providing a quality education to over 8,800 students, the University
offers an array of bachelor’s and graduate degrees, including over 75
undergraduate majors, over 45 graduate programs and an Ed.D. in
Educational Leadership, as well as 10 special-study programs and 23 study
abroad programs. Spanning both Philadelphia and Montgomery counties,
SJU’s campus has increased significantly in size to 103-acres with the
recent acquisition of neighboring Episcopal Academy. The additional 38 acres
include multiple classroom buildings and an enhanced presence in Lower
Merion Township. With an annual operating budget of over $179
million, and over 10,000 people living, learning and working at SJU, the
University is clearly a significant economic engine for the Philadelphia
5-county region and the state.
Annual Regional Economic Benefit
$534 MillionAs part of Philadelphia’s powerful higher education
industry, SJU plays a key economic role by providing
higher education to both local students and students
from outside the area. By doing so, SJU advances the
productivity of and employment opportunities for area
students, thereby increasing the quality of the region’s
labor force. This makes the region more attractive to
companies, and strengthens the region’s economy. SJU
provides significant educational opportunities for
students residing in the region. Also, since many of the
SJU students come from outside the region, the
University is considered a regional “exporter,” bringing
dollars into the local economy and helping to market,
or “brand,” Philadelphia to the outside world. Currently,
SJU’s students represent more than 40 states, 28 countries
and four continents.
$24 MillionLocal Tax Revenue
$180 Million2011 Operating Budget
2150Number of Local Employees
$66 MillionStudent Ancillary Spending
$8 MillionVisitor Ancillary Spending
4200Average Attendance for Men’s
Basketball Home Games
Ancillary SpendingAncillary spending is spending associated with
University students, visitors, and faculty at venues
unaffiliated with Saint Joseph’s University. Such venues
include local off‐campus lodging, nearby restaurants,
nightclubs, retail, and grocery stores. This also includes
hotel expenditures by visiting families and University
guests. Ancillary spending by students, visitors and
faculty promotes economic growth, as additional
money circulates throughout the region.
Spending by SJU students is the largest component of
ancillary spending. Students provide a significant source
of revenue to local retailers, as they make regular
purchases in the community. In addition to student
ancillary expenditures, spending by visitors also
contributes to the regional and state economies. Local
and out‐of‐town visitors coming to the University for
events purchase items from nearby retailers, eat at local
restaurants, and stay at local hotel facilities.
$229 MillionSpent on construction in the
last 5 years
$4 MillionLocal Tax Revenue from
Past Construction
3900Number of Jobs Created for
Past Construction
Recent SJU Construction
Construction activity contributes to regional
economic output, wages, and employment, while also
enhancing the University through infrastructure
improvements. For the FY2006‐10 period, SJU’s direct
construction activity of approximately $229 million is
estimated to have generated a one‐time impact
totaling nearly $480.5 million in the region, including
nearly 3,900 total jobs. Construction activities led to
over $4 million in local tax revenue over the 5‐year
period. Future planned capital construction has the
potential to generate nearly $193 million throughout
the region, including nearly 1,600 total jobs.
Recently Completed Construction Projects:Michael J. Hagan ’85 Arena
Jack Ramsay ’49 Basketball Center
Hawks’ Landing Parking Garage and Retail Facility
Rashford and Borgia Residence Halls
Recently Completed Renovation Projects:The Perch
Science Center
Campion Student Center
Maguire Campus, including
Quinn Hall
Dupperault Hall
Campus Commons
Nicoletti Music Studios
Merion Hall
O’Pake Recreation Center
Villiger Residence Hall
Maguire Campus Athletic Fields John ’60 and Maryanne Hennings Post Learning Commons
Future SJU Construction
103Total acreage of
Saint Joseph’s University
$92 MillionPlanned Construction for the
next 5 years
1600Jobs to be Generated by Future
Construction Projects
SJU has currently identified $92 million of planned
construction projects for the next five‐year period.
These include the construction of the new John ’60
and Maryanne Hennings Post Learning Commons and
the renovation of the Drexel Library. The construction
is expected to double the existing study facilities for
students, adding 120 computer work stations,
24 collaborative study rooms, a special collections
area and a new café. Also planned is a new first-year
student residence hall to house 400 students. Capital
projects will also include landscaping, storm water
management and enhancements to the athletic fields
on the Maguire Campus, as well as a new SJU
community neighborhood lighting project.
Future and Current Construction:John ’60 and Maryanne Hennings Post
Learning Commons
Francis A. Drexel Library Renovation
First-Year Residence Hall
Maguire Campus Athletic Fields
Hawk2Hawk Networking Reception
28,500Number of Working Regional Alumni
470Number of SJU Alumni that
are Presidents, CEOs or Principals
80%Acceptance Rate of SJU Alumni into
Medical / Law School
Finance and Insurance: 17%
Real Estate and Rentaland Leasing: 15%
Educational Services: 10%
Retail Trade: 7%
Manufacturing: 7%
Professional, Scientific andTechnical Services: 6%
Management of Companies and Enterprises: 6%
Accommodation and Food Services: 6%
Health Care and Social Assistance: 5%
Transportation and Warehousing: 4%
All Other Industries: 17%
The wide distribution of career/industries
reflects the diversity of educational
experience at SJU. University graduates
play an important role in many different
sectors of the economy but are particularly
influential in the areas of business and
professional services, education, health
care, manufacturing and commerce
These are sectors that are particularly
important to the economic growth of
the Philadelphia region.
SJU’s alumni play important roles in all facets of the region’s economy. The University’s output—its educated and skilled graduates and an important research agenda — is precisely the key input to the region’s future economic competitiveness. SJU’s graduates increase the region’s knowledge base andthe skill levels and productivity of its workforce. In addition, SJU’s graduates, play important businessand civic leadership roles throughout the region.
In addition to the wage premium they receive, SJUgraduates also contribute to the regional economy andlocal workforce by increasing productivity, enhancingthe overall competitiveness of the region, and oftencontinuing the research efforts of the University. SJUgraduates in the workforce are estimated to provideapproximately $457 million in additional productivity“value” to the region, of which we estimate 10%, or$45.7 million, may be attributed to their SJU education.
SJU Alumni Regional Impact
Industry Distribution of SJU Alumni
Philabundance Community Food Center
Back on My Feet
Neighborhood Clean Up
Educational Partnerships:Samuel Gompers Elementary School
Beeber Dimner Middle School
Mastery Charter School/Mann Elementary School
Overbrook High School
Our Mother of Sorrows
Our Lady of Lourdes
St. Martin de Porres
Gésu School
DePaul Catholic School
Olivet Baptist Church
Lamberton Elementary School
Norris Square Neighborhood Project
Community Partnerships:Project Home
Simpson House
Inglis House
ARC of Philadelphia
Back on My Feet
Hand in Hand
Lankenau Hospital
Caring People Alliance
Special Olympics
WePAC (West Philadelphia Alliance for Children)
Pick Brown Foundation
National Community Day
Annual Martin Luther King Day Celebration
Athletics Community Day
Thanksgiving Dinner Basket Drive
Thanksgiving Dinner Dance
VITA
Community Food Bank of Philadelphia
2371Number of Students
That Volunteer Annually
67,220Approximate Number of Annual Service Hours
300Boxes of Presents Collected forLocal Families during Holidays
The University has established itself as a responsible
and invested civic partner and continues to work
closely with community leaders and organizations in
the surrounding neighborhoods, including Overbrook
and Wynnefield within the City of Philadelphia
and Lower Merion and Bala Cynwyd within
Montgomery County.
Some examples of Saint Joseph’s University civic
involvement include:
Hand in HandA student lead organization that hosts an annual
festival open to the entire Saint Joseph’s University
community, high school students and individuals with
special needs within Philadelphia and the surrounding
area. The festival is the largest event held by a student
group with nearly 3000 participants each year.
National Community DayFounded in 2008 by the SJU National Alumni Board,
this day of service is an opportunity for SJU alumni to
come together and serve their communities. In 2010,
over 500 alumni participated at over 30 sites in 15 cities.
Community Impact
National Community Day
Anti-Violence Awareness WeekSponsored by the Institute for Violence Research and
Prevention (IVRP), which was created in 2001 to
facilitate an interdisciplinary approach to the study of
violence in order to improve intervention and
prevention efforts and to foster partnerships with
other regional institutions, community groups and
non‐profit organizations. The annual event includes a
Candlelight Vigil to memorialize homicide victims in
the City of Philadelphia.
Back on My FeetSJU students join members of the Philadelphia
homeless population in this program that promotes
the self‐sufficiency of participants by engaging them in
running as a means to build confidence, strength
and self‐esteem.
Volunteer Income Tax Assistance (VITA)A program offering free tax help for low to moderate
income individuals who cannot afford professional
assistance. SJU’s program was founded in 1993. In
partnership with the IRS and under the direction of
accounting faculty, student volunteers assist
community residents with the preparation and filing
of federal and state income tax returns. Students in
the program have helped file more than 4,000 federal
and state income tax returns.
4000+Federal and State Income Tax
Returns Prepared by Students in VITA Program
19,600SJU Alumni Located in the
Philadelphia Metropolitan Area
200Number of Thanksgiving Baskets Collected Annually
IVRP Vigil
Toys for Tots
National Community Day
465Number of Students
That Traveled to Appalachia for Service
2000Participants in Annual LegsAgainst Arms 5K Run/Walk
4500+Number of Community Memberswho use SJU Facilities Annually
In addition to its tradition of civic involvement and
service, the University sponsors a variety of
extracurricular activities, ranging from performing arts
to sports, that enrich the lives of its students and
alumni as well as the surrounding community, including:
Cap and Bells – SJU’s Dramatic Arts Society has per-formed over 150 productions ranging from Shakespeare
to Moliére and modern drama to contemporary musical
theatre in its 80‐year history.
Men’s and Women’s Basketball Games – The spiritof SJU Basketball radiates throughout the community.
Community members and neighborhood schools
are offered free admission to various games, offering
an opportunity to come together to support the
Hawks in the newly renovated Hagan Arena.
Use of Track and Athletic Facilities – The athleticfacilities at SJU provide venues for students and
community members to engage in healthy forms
of exercise.
Concerts – Saint Joseph’s University sponsors concerts open to the community each year. Performing
arts groups include City Belles, 54th and City, Jazz
Band, Voices of Praise and more.
Art Exhibitions – The University Gallery educates and serves the University's students, faculty and staff,
as well as the community, hosting seven shows from
September through May that highlight local
professional artists and students.
Merion Train Station Cleanup
Thanksgiving Basket Drive