REDDING, Calif.—Simpson University generates an economic impact of more than $50 million annually in the city of Redding, according to Econsult Solutions, Inc.
In the six-county region of Shasta, Tehama, Trinity, Siskiyou, Lassen and Modoc counties, the private four-year university contributes more than $95 million to the economy through operations, capital investments, ancillary spending, and wage premiums.
Statewide, Simpson University is estimated to have an annual economic impact of $108 million, supporting 800 jobs.
“Simpson University actively cultivates an academic community that prepares its students for a lifetime of service in their professional and personal lives,” states Econsult Solutions’ report, released in October. “In pursuit of its mission, it is an important contributor to the vitality of the local, regional, and statewide economies.”
Econsult Solutions is a Philadelphia-based firm that provides consulting and analytical services for businesses, governments, and nonprofits in a wide range of industries. Simpson University obtained a grant through the Council for Christian Colleges and Universities to help pay for the study.
The report details Simpson University’s local, regional, and statewide economic impact in the following areas:
In addition to Simpson University’s economic impact, the report also outlines its social and community impact. In 2018-19, university students, staff and faculty served an estimated 100,578 volunteer hours in the local area through music and athletic teams, nursing clinical rotations, tutoring services, mission trips, and support of Carr Fire first responders, who stayed on campus.
“Simpson’s core value of local and global service benefits both the students who are gaining leadership experience and the communities on the receiving end of such service,” the report states.
President Norman Hall said the report helps quantify the economic and social benefits of the university, which has been in the North State since 1989 and will celebrate its 100th anniversary in 2021.
“I am very proud to be part of Simpson University’s rich heritage as it nears its centennial,” he said. “We are privileged to live in a world-class region of outdoor adventure opportunities and consider ourselves a vital partner in Northern California communities in being able to offer excellent academic programs with a heart of service.”
See full report at Simpson University_Institutional-Brief_ESI-2019-FINAL(1).
Simpson University, founded in 1921, moved to Redding 30 years ago and will celebrate its centennial in 2021. In addition to offering 25 majors in its traditional undergraduate program, the university has graduated more than 4,000 North State adults from its ASPIRE degree-completion program, and nearly 3,000 from its School of Education. It has a No. 8-ranked School of Nursing, a seminary, and master’s programs in counseling psychology and organizational leadership. Simpson University is recognized nationally by Colleges of Distinction.
Simpson has launched new athletics programs in track and field, swimming and diving, women’s wrestling, and men’s volleyball, as well as a bass fishing team. The university is also working to better serve transfer students from community colleges through its commitment to Associate Degree for Transfer agreements, and it is offering new scholarships.