Dear Friends and Colleagues,
Ohio University is a major engine of economic growth in Southeast Ohio. This point was recently driven home with the publication of Ohio University's Economic Impact Report, which you may view through the www.ohio.edu/impact website. Titled "Ohio University: Educating Students, Impacting Communities," the extensive report documents the value of our University's many ongoing activities and enterprises through our role as an employer, educator, research institution and regional steward.
Among its findings, the report shows that Ohio University generated approximately $1.5 billion in economic impact on the state of Ohio in 2012, and up to $104 million in state and local tax revenue in 2012 by activity associated with the university. Ohio University spending also supports more than 14,300 full-time and part-time jobs.
The concept of Ohio University as a driving economic force is a commitment we embrace. Since our founding in 1804, Ohio University has played a pivotal role in the development of Southeast Ohio, and our service to the region and the state continues. In 2012 alone, we estimate that our University community volunteered 1.4 million hours – a contribution valued at more than $25.4 million!
In order to maintain this rich tradition, Ohio University will continue to supplement our educational offerings with impactful community action programs and meaningful service learning initiatives. We also will need to think strategically about how best to invest our limited resources to insure that our past accomplishments are but a prologue to future achievements for the benefit of our region, the state and the world.
Thank you for taking time to learn about Ohio University's economic impact. It is my hope that this report will enable you to experience our University and the opportunities it affords in a deeper way. Furthermore, I hope it will aid your understanding of the great responsibility that each of us has undertaken as caretakers of our community.
RODERICK J. MCDAVIS