Tag Archives: johnson c. smith university

HBCU Money™ Presents: 2016-2017’s Private HBCU Presidents By Salary/Compensation


HBCU Money’s inaugural gathering of presidential salaries at the nation’s private HBCUs.

HIGHLIGHTS

  • Out of 570 reported private college & universities presidential salaries’ from American colleges & universities, 58 (or 10 percent) earned more than $1 million annually in compensation.
  • America’s top 5 paid private university presidents’ compensation ($16.7 million) is almost six times greater than the top 5 paid private HBCU university presidents’ ($3.07 million) on our list.
  • 8 of the 11 private HBCUs present have graduate/professional programs.

Wayne Frederick Howard University – $1,049,522

Norman Francis* Xavier University (LA) – $631,883

William Harvey Hampton University – $539,384

Beverly Tatum* Spelman College – $446,334

David Carlisle Charles Drew University (Medical) – $429,302

John Wilson Morehouse College – $424,519

Edison Jackson Bethune-Cookman University – $409,823

Carlton Brown* Clark Atlanta University – $389,995

Brian Johnson Tuskegee University – $335,000

Ronald Carter Johnson C. Smith University – $261,899

Walter Kimbrough Dillard University – $238,125

Ronald Johnson* Clark Atlanta University – $234,701

C. Reynold Verret Xavier University (LA) – $194,154

Mary Campbell* – Spelman College – $191,126

*Partial-year compensation

Source: The Chronicle of Higher Education

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The HBCU Endowment Feature – Johnson C. Smith University


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School Name: Johnson C. Smith University

Median Cost of Attendance: $25 862

Undergraduate Population: 1 543

Endowment Needed: $798 101 280

Analysis: Johnson C. Smith University needs approximately $800 million for all of its undergraduates to attend debt-free annually. The university is located in Charlotte, NC. North Carolina is a crowded region of colleges and universities and at times can be both a gift and curse. In such a crowded area it can be hard to stand out and recruit top tier academic talent but there is an appeal to high school students wanting to gravitate toward multi-college hubs. Johnson C. Smith has the current distinction of leading the CIAA with the highest student debt loads among graduates. A distinction that does not bode well for generating future alumni donations and should be an imperative for JCSU leadership to address. US News reports that Johnson C. Smith’s endowment is currently $50 million which makes it one-sixteenth of the needed endowment. One of the highest current to needed endowment ratios of all HBCUs which shows of development strength. The university is well on its way into the $100 million club at its current clip. Given its large initiative in the STEM field mixed with its liberal arts atmosphere has the opportunity to produce an unique graduate that will be in high demand among graduate schools and employers. This could be quite beneficial with North Carolina’s Research Triangle Park right up the road and could pay huge dividends in producing high quality donors in the coming generation. The connection to the Duke Endowment is certainly a strong assistance for its growth. Ultimately, this is one of the few HBCUs whose endowment outlook appears quite stable. The question is whether it can move into a next gear and grow and expand its clout in one of the most important economic centers in the south for African America is yet to be seen. If it addresses the student loan debt concerns and push its population towards 4 000 students it has a real chance to break into the upper echelons of HBCU endowments. Regardless, Johnson C. Smith University is an HBCU with an endowment that should allow for the institution to see success for generations to come.

As always it should be noted that endowments provide a myriad of subsidies to the university for everything from scholarship, faculty & administration salaries, research, and much more.