DRAFT PLAN TO KEEP ANTIOCH COLLEGE OPEN DISCUSSED BY ALUMNI ASSOCIATION AND UNIVERSITY BOARD OF TRUSTEES
For Immediate Release October 4, 2007
For more information, contact: press
YELLOW SPRINGS, OHIO, Oct. 3 — Antioch College Alumni Association officers, Antioch University Board of Trustees members and Antioch University administrators today reviewed a preliminary draft of a business and fundraising plan to keep Antioch College open. The meeting took place in Denver, Colorado.
The final proposal will be presented here October 25 to the full University Board of Trustees. At that meeting, the Trustees could consider lifting the suspension of Antioch College they have now scheduled for July, 2008.
Alumni Board President Nancy Crow said, “It was helpful that members of the Board of Trustees and the University administration listened openly and made constructive suggestions to our draft plan. We really appreciate the candor from Trustees and their willingness to work together for the common cause of saving Antioch College.”
Last August, the Trustees resolved to “work closely with the Alumni Board to provide due diligence access to all appropriate data” needed to create the plan. College alumni and faculty with expertise in college admissions, finance, and law volunteered to work on the plan. The Alumni Board hired Tracy Filosa, a nationally respected expert in higher education finance, to assist.
Crow said, “The Board of Trustees is fulfilling our request for more information to help us put together a robust plan in a short amount of time. There was open dialogue at the Denver meeting.”
Crow added that the Board of Trustees was “was pleased with the hard work and professionalism that they saw from the Alumni Board.”
Founded in 1852 in Yellow Springs, Ohio, Antioch College is a community of students and faculty challenged by vigorous, inter-disciplinary academics. Students learn through campus life, real-life jobs and optional study abroad. They take part in community decision-making, gaining values and interpersonal skills that serve them well no matter what their chosen field. Students gain the self-knowledge and love of learning they need to make a difference in a world where the only constant is change.
Since the Board of Trustees announced the suspension of operations in June of 2007, alumni across the country have raised more than $12 million in cash and pledges to maintain continuous operations of Antioch College with a tenured faculty. Alumni chapters have grown to forty worldwide. Additionally, the Alumni Board also recently premiered its redesigned and reorganized Web site, www.antiochians.org.
The Alumni Board is continuing with its fundraising and planning efforts. For additional information on the Antioch College Alumni Association and its Revival Fund, visit www.antiochians.org.
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