ANTIOCH COLLEGE ALUMNI ASSOCIATION RAISES $14 MILLION TO FUND ONGOING EFFORTS TO SAVE HISTORIC INSTITUTION
Yellow Springs, Ohio, October 22, 2007
For Immediate Release [DOWNLOAD]
Contact: Press
Legions of Antioch College alumni, spanning more than seven decades, are expected to gather this week at the Yellow Springs campus for what promises to be a historic meeting between the College’s Alumni Board and the Antioch University Board of Trustees. The Alumni Association is challenging the Board’s decision to suspend operations at the 154 year old liberal arts institution known for its groundbreaking educational innovations.
The college is the residential undergraduate component of Antioch University, whose Board of Trustees voted on June 12, 2007 to close the campus under a plan that calls for reopening it in 2012. Antioch University also has five nonresidential campuses around the country, all of which are to remain open. The College Alumni Board has raised more than $14 million in gifts and pledges to date from supporters committed to the uninterrupted continuation of Antioch College as an institution of higher education with a tenured faculty.
The College Alumni Association will present an alternative business and fundraising strategy to the Board designed to keep the College open.
“In just four short months, with help from students, faculty and staff, as well as alumni all across the world, we have raised over $14 million in cash and pledges, as well as creating a new comprehensive business and fundraising plan,” said Alumni Board President Nancy Crow. “The Alumni Board will be presenting a compelling case for keeping this beloved icon of higher education open past the proposed July 2008 date. The Board of Trustees made the decision that they felt was right at the time, but the business plan is going to show them an alternative path.”
Since the Board of Trustees announced the suspension of operations in June of 2007, alumni across the country have rallied to their alma mater’s defense. Alumni chapters have grown worldwide. Additionally, the Alumni Board also recently premiered its redesigned and reorganized Web site, antiochians.org.
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