DOCSLIB.ORG

The Road to Financial Exigency by Kim-Jenna Jurriaans at for 15 Years

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
The Road to Financial Exigency by Kim-Jenna Jurriaans at for 15 Years “Dark and difficult times lie ahead. Soon we must all face the choice between what is right and what is easy”-Albus Dumbledore The www.recordonline.orgRecord Volume 63 Issue 10 Thursday, October 25th 2007 Inside The Road to Financial Exigency By Kim-Jenna Jurriaans at for 15 years. “I think it’s incredibly late 2001. “I’m just comparing it to old Homecoming Research: short sighted.” she says. “Antioch’s Motown Records contracts. The artist Kim-Jenna Jurriaans reputation nationally is totally built made nothing. Well, Antioch College is “It’s the organic brainchild of Brian Springer on Antioch College. I talked to people the artist and I think that the funds that forums and email lists. It’s Re- “Based on projections of enrollment, here in the education world and for all come in should help support this col- union 2.0. And it’s officially they know, Antioch is closing. I think lege and the plant that goes along with if we would have gone beyond the next the university will suffer. I think the it.” starting on campus today.” p.5 year, there weren’t going to be more short term gain of closing the college Stewart, herself a proud graduate of resources to cover expenses,” says An- does not serve the long term reputation the masters program at Antioch Mc- tioch University CFO Thomas Faecke, of Antioch University.” Gregor, points to a number of admin- University History in response to the question what his istrative measures and a general shift in Antioch Diaspora recounted in personal reason was to support the sus- pension of operations at Antioch col- “I think in the early 90s, board culture in regard to the college as our centerfold, from the Putney lege in 2008. “There was a fear that the it wouldn’t have occurred major contributors to the current crisis. School of 1963 to today One of these measures was the choice university would become insolvent and to anyone to close the col- to book depreciation–the decrease of that was primarily because of the deficit the value of your assets as they get used of the college,” he adds. Presented with lege and keep the university up over time–at the central units in 2001 Admissions Target this scenario, on June 9th, the vast ma- open” instead of maintaining it as a liability in Were the expectations met at jority of the members of the University Board of voted to suspend operations at the University’s budget. Glenn Watts, the June 6th Board meeting? Filemyr was on campus in a period CFO for the University at that time the 155-year-old college. when the college for the first time in What information did the board was not available for comment, as he “I think in the early 90s, it wouldn’t years had two balanced budgets in a is currently out of the country. Accord- have on enrollment? Find out have occurred to anyone to close the row, 1998 and 1999, both in the accrued college and keep the university open,” ing to accounting guidelines FSBA 93, the truth about enrollment tar- and cash budget, and witnessed steady “depreciation needs to be booked gen- says Ann Filemyr, a former journalism enrolment growth between 1996 and gets on p.9 erally,” says Virginia Dowse, Director professor, interim Dean of faculty and 2002. “I think we did some good work of finance and budget for Antioch Uni- serving vice president at the college un- in that period and as an institution we til 2005. “At that time, the college was versity, “it doesn’t say that you need to Faculty lawsuit had a lot of energy,” recalls Filemyr. book it at the campus in particular, no.” clearly considered as the center of An- Yet, five years later the alumni of An As all major assets of the university are What’s the status of the faculty tioch University.” tioch College are fighting to safe their located at the college campus–an as- lawsuit? How will this week- Like many affiliated with Antioch Col- school from being closed by its board. set of the university–the college gets lege, Filemyr, now Dean of Academics “They got a really bad record deal,” end’s decision affect the suit? an additional average of $ 1.48 million at the American Institute of Indian Arts says Barbara Stewart, CFO for Spring- in paper expense booked to its accrual An update with Pete Townsend in Santa Fe, was stunned when earlier field Metropolitan Housing and last budget, annually. on p.5 this summer she heard about the vote Dean of Finance at Antioch College, a Continued on p.4 to close the institution she had worked position lost in consolidation efforts in Antioch & Revival 101 Ladies and Gentlemen of the Jury, How Say You? Get a crash course on Antioch By Eva Erickson and Alaa Jahshan “We have crafted a comprehensive History on p.11 and refresh This weekend, the future of An- business and fundraising plan that is tioch College is sitting in the hot seat very workable. The BOT proclaims to your memory on the Revival of a court room. Antiochians, Yellow be very pleased with it. We have an on p.7 Springers, Alumni, members of the admissions plan that goes until 2014, Board of Trustees (BOT), and many re- information on a physical plan and a porters with pen at hand have come to proposed governance plan,” lists Chris- witness a decision that could be either tian Feuerstein ’94, Alumni Board McGregor Organizing a death sentence or an Antiochian Re- Communications Chair. All of this can Students at Antioch University naissance. be found in draft form on the alumni No one, not even BOT members, website, www.antiochians.org. “I per- McGregor have projects for a knows what the decision will be, yet sonally feel as though we’ve just com- student government. Find out everyone has strong feelings about the pleted the most intense co-op of our more on p.6 outcome. Some people think that the lives. We’re all doing this on top of our Board’s decision to close is unlikely day jobs.” to be reversed. Others believe that the The community has also been keeping Board will keep the college open. Gina itself busy. Some of their many efforts Do you recognize this Potestio, a first year, is, “trying to stay include: creating and voting on the two faculty member? optimistic, and hearing the feedback referenda, erecting “Save Antioch, Save from the upper-level students saying and know how any plan will actually Yellow Springs” signs, and encourag- it’s going to close is a little hurtful af- play out. We’ll have the balance the ing students to vote for town council ter seeing … what everyone’s doing risk of ‘suspended operations’ against members whose campaigns deal with for us.” Many students are in denial the risk of letting the Alumni Plan have keeping the college alive. Students and about the possibility of Antioch clos- a chance.” community members also created the ing. “I just really didn’t want to think As of October 23, the fundraising to- “Non-Stop Antioch” campaign, which about [the closing],” explains James tal from the Alumni Board is above $16 includes “Horrace’s Army” meetings Kutil, a second year student, “so, I’ve million in cash and pledges, according that encourage students to take action kind of been in a numb panic, because to Rick Daily. “We’ve only scratched in areas such as media attention, legal the school closing means a lot to me.” the surface,” he remarks. Given the action, planning community events, There is still a gut feeling that the col- short amount of time, he continues, it’s and rejuvenating Antioch Independent lege just can’t close. incredible that we’ve raised so much Media Arts Collective (AIMAC). “Every member of the Board would money. “Most everyone wants to keep An- love to see a successful plan,” states Along with fundraising, alumni have tioch College open,” insures Feuer- Kenneth Friedman, BOT member. “No been bringing Antioch into the media, stein. “All of us have come together one wants a plan that will be impos- getting in touch with disconnected saying ‘it doesn’t f**ing matter, it’s got Find out who she is on p.21 sible to realize and only be a set-up for alumni, and finding board members to stay open.” disappointment and failure. And, of for a future Antioch College Board of course, none of us can see the future Trustees. Editors Editorials Kim-Jenna Jurriaans Jeanne Kay more than friends; to busy bees who helped me get The issue that lies in front of you holds the anticipations through hours of interviews, dug up files, pulled to- Our Beloved Staff of its creators that will go into this weekend knowing gether charts, explained ad nauseam the concept of Sally Alper they’ll have a couple more grey hairs to match some depreciation, opened their house to me, made tea and Culinary Expert of our visitors. It was done under extraordinary strain, peeled apples, went on endless coffee runs and stayed Alex Borowicz in a week that most of our staff are writing mid term awake all night to make this happen. Reporter/Photographer papers, while reporting around the clock and spend- While we are awaiting a magnum opus from you, ing restless nights in the Record office in order to take dear Trustees, here is ours. Sarah Buckingham Reporter some weight off the editors’ shoulders.
Load more

Recommended publications
  • 2007 Ogde Ut
    OMB No 1545-0047 Form 990 Return of Organization Exempt From Income Tax Under section 501 (c), 527, or 4947(aXl) of the Internal Revenue Code 2007 (excopt black lung benefit trust or private foundation) 1 Open to Public Department of the Treasu ry Inspection Internal Revenue Service(]]) ► The organization may have to use a copy of this return to satisfy state reporting rec irements A For the 2007 calendar year, or tax year beginning NCI `+ i , 2007, and ending EG E I E -fl, aoo-7 B Check if applicable C Employer Identification Number e Address change IRSlabeI NATL CHRISTIAN CHARITABLE FDN, INC. 58-1493949 or print Name change or tee 11625 RAINWATER DRIVE #500 E Telephone number See ALPHARETTA, GA 30004 Initial return specific 404.252.0100 Instruc- Accounting Termination tions. F method: Cash X Accrual Amended return Other (spec ify) ► M Application pending • Section 501 (cx3) organizations and 4947(a)('1 ) nonexempt H and I are not applicable to section 527 organizations charitable trusts must attach a completed Schedule A H (a) Is this a group return for affdiates7 Yes No (Form 990 or 990-EZ). H (b) If 'Yes,' enter number of affiliates ► f- WAh cifn • GTG1GT RTDTT0TTATI'T4T?TQTTAAT CflM ► H (e) Are all affiliates included' Yes No F1 (If 'No,' attach a list See instructions ) J Organization ty e (check onl y one) ► X 501(c) 3 4 (insert no) 4947(a)(1) or LI 527 H (d) Is this a separate return filed by an organization covered by a group ruling? F-1 Yes W No K Check here ► [1 if the organization is not a 509(a)(3) supporting organization and its gross receipts are normally not more than $25,000 A return is not required, but if the I Group Exemption Number organization chooses to file a return, be sure to file a complete return M ► Check ► U if the organization is not required to attach Schedule B (Form 990, 990-EZ , or 990- PF) L Gross recei pts Add lines 6b, 8b, 9b, and 10b to line 12 ► 490, 398, 639 .
    [Show full text]
  • AUSB Catalog 2014-2015
    AUSB Catalog 2014-2015 AUSB Catalog 2014-2015 AUSB Catalog 2014-2015 Table Of Contents Catalog Home ......................................................... 1 General Information .................................................... 2 Accreditation ......................................................... 3 A Message from the President .............................................. 5 The Antioch Story ...................................................... 6 Admissions .......................................................... 11 Undergraduate Program ................................................ 13 Graduate Programs .................................................... 15 International Students .................................................. 17 Transfer Students from Other Antioch Campuses ............................... 19 Readmitted Students ................................................... 20 Admission Decisions ................................................... 21 Deferring Admission ................................................... 22 Financial Aid ........................................................ 23 What Types of Financial Aid Are Available? .................................. 24 Applying for Financial Aid ............................................... 26 Financial Aid Cautions ................................................. 27 Satisfactory Academic Progress (SAP) ....................................... 28 Tuition & Fees ....................................................... 29 Tuition ............................................................
    [Show full text]
  • A Case Study of Antioch College: from Prestige to Closure
    A Case Study of Antioch College: From Prestige to Closure Item Type text; Electronic Dissertation Authors Miller, James Paul II Publisher The University of Arizona. Rights Copyright © is held by the author. Digital access to this material is made possible by the University Libraries, University of Arizona. Further transmission, reproduction or presentation (such as public display or performance) of protected items is prohibited except with permission of the author. Download date 29/09/2021 04:44:28 Link to Item http://hdl.handle.net/10150/338902 A CASE STUDY OF ANTIOCH COLLEGE: FROM PRESTIGE TO CLOSURE by James Paul Miller, II __________________________ Copyright © James Paul Miller, II 2014 A Dissertation Submitted to the Faculty of the DEPARTMENT OF EDUCATIONAL POLICY STUDIES AND PRACTICE In Partial Fulfillment of the Requirements For the Degree of DOCTOR OF PHILOSOPHY WITH A MAJOR IN HIGHER EDUCATION In the Graduate College THE UNIVERSITY OF ARIZONA 2014 2 THE UNIVERSITY OF ARIZONA GRADUATE COLLEGE As members of the Dissertation Committee, we certify that we have read the dissertation prepared by James Paul Miller, II, titled “A Case Study of Antioch College: From Prestige to Closure” and recommend that it be accepted as fulfilling the dissertation requirement for the Degree of Doctor of Philosophy. _______________________________________________________________________ Date: 11/12/2014 Jeffrey Milem, PhD _______________________________________________________________________ Date: 11/12/2014 Jenny Lee, PhD _______________________________________________________________________ Date: 11/12/2014 Ozan Jaquette, PhD Final approval and acceptance of this dissertation is contingent upon the candidate’s submission of the final copies of the dissertation to the Graduate College. I hereby certify that I have read this dissertation prepared under my direction and recommend that it be accepted as fulfilling the dissertation requirement.
    [Show full text]
  • Paid Empolyed Ll I
    efile GRAPHIC rint - DO NOT PROCESS As Filed Data - DLN: 93493316031900 OMB No 1545-0047 Form Return of Organization Exempt From Income Tax Deparlmenloflhe*E Under section 501(c), benefit527, Treasuryor trust 4947(a)(1) or private foundation)of the Internal Open Revenue Code tg (except Public black lung Internalll-The organization Revenue may have to use a copy ofthisService return to satisfy state reporting Inspectign requirements A For the 2009 calendar year, or tax year beginning 01-01-2009 and ending 12-31-2009 C Name of organization D Employer identification number B Check If appllcable Please NATL CHRISTIAN CHARIIABLE FDN INc I- Address change Use IRS 58-1493949 label or Doing Business As E Telephone number I- Name change print or type. See (404) 252-0100 I- Initial return specific Number and street (or P O box if mail is not delivered to street address) Room/suite I- Terminated tions,Inst"-uc" 11625 Rainwater Drive G Gross receipts $ 396,267,392 I- Amended return City or town, state or country, and ZIP + 4 ALPHARETTA, GA 30009 I- Application pending F Name and address ofprincipal officer H(a) IS trus a group returrr for DAVID WILLS affiliates? I-Yes I7No 11625 RAINWATER DRIVE ALPHARET-I-A*GA 30004 H(b) Are all affiliates included? I-Yes I7 No If"No," attach a list (see instructions) I Tax-exempt Status I7 5o1(c) ( 3) 1 rinsen no) I- 4947(a)(1) or I- 527 Hrc) Group exerrrprron number h, 3777 J Websil:e:ll- WWW NATIONALCHRISTIAN COM mK Form Summary of organization I7 Corporation I- Trust I- Association I- Other ll- I L Year of formation 1982 I M State of legal domicile GA 1 Briefly describe the organizationfs mission or most significant activities THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR RELIGIOUS,CHARITABLE,EDUCATIONAL,LITERARY AND SCIENTIFIC PURPOSES,INCLUDING DISTRIBUTIONS TO OR FOR CHRISTIAN CHURCHES AND OTHER MINISTRIES 2 Check this box P1- ifthe organization discontinued its operations or disposed of more than 25% ofits net assets 3 Number ofvoting members ofthe governing body (Part VI, line 1a) .
    [Show full text]
  • General Catalog
    a n t i o c h u n i v e r s i t y s a n t a b a r b a r a Transforming Our Community General Catalog 2013-2014 For more information www.antiochsb.edu 602 Anacapa Street Santa Barbara, CA 93101 Antioch University is a not-for-profit private institution accredited by the Higher Learning Commission. Antioch University is accredited by the Higher Learning Commission of the North Central Association of Colleges and Schools. Higher Learning Commission of the North Central Association of Colleges and Schools 30 North LaSalle Street, Suite 2400 Chicago, IL 60602-2504 (800) 621-7440 www.ncahigherlearningcommission.org Antioch University has had continuous accreditation by the Higher Learning Commission of the North Central Association of Colleges and Schools since 1927. Antioch University Santa Barbara is in voluntary compliance with state statutes, rules, and regulations pertaining to a private postsecondary institution in order to operate in California as directed by the Department of Consumer Affairs’ Bureau for Private Postsecondary Education (BPPE) of the State of California. Bureau for Private Postsecondary Education 2535 Capitol Oaks Drive, Suite 400 Sacramento, CA 95814 or P.O. Box 980818 West Sacramento, CA 95798 (916) 431-6959 www.bppe.ca.gov All of the credentials offered in the Master of Arts in Education and Teacher Credentialing Program are fully accredited by the California Commission on Teacher Credentialing. California Commission on Teacher Credentialing Information Services P.O. Box 944270 Sacramento, CA 94244-2700 (916) 445-7254 or (888) 921-2682 www.ctc.ca.gov Antioch University’s accreditation further includes federal government recognition, making Antioch University’s students fully eligible for a variety of financial aid assistance, including grants, scholarships, and loans.
    [Show full text]
  • DOCUMENT RESUME UD 010 389 the Antioch New Directions
    DOCUMENT RESUME ED 041 089 UD 010 389 TITLE The Antioch New Directions Program. A Report to the Antioch Community and to the Board of Trustees from the Steering Committee to Increase Antioch's Pluralism. INSTITUTION Antioch Coil., Yellow Springs, Ohio. PUB DATE 24 Apr 70 NOTE 91p. FDRS PRICE EDRS Price MF-$0.50 HC-$4.65 DESCRIPTORS *College Students, Counseling Services, Disadvantaged Youth, Economic Disadvantagement, Ethnic Studies, Minority Groups, Recruitment, *Research Projects, Scholarships, *School Integration, *Social Change, Student Loan Programs, Tutoring IDENTIFIERS *Antioch College, Ohio ABSTRACT This document is an intermediate planning report of the Antioch New Directions Program. This program will direct much of the energies and resources of Antioch College, Ohio toward achieving the parallel aims of student pluralism and social cha'nge. Described in this report are assessments of methods and tasks to be accomplished for these dual objectives. To insure student pluralism, a minimum of 80 low-income, minority group working class students will be admitted each year, beginning in 1971. A comprehensive program of academic, personal, and financial supportive services and a full-scale academic program centered around the problems of minority and oppressed peoples will be instituted to help these students succeed in college. A number of research activities, focused on the identification and solution of social problems, will be directed in large measure by people from low-income and minority backgrounds, and a major fund raising
    [Show full text]
  • L Uth Er an C O Mm Un It Y Foun D a Tio N / an Nu Al Repo R T 2 01 2
    Abiding Christ Lutheran Church / Abiding Savior Lutheran Church / Abigail Ministries / AccountAbility Minnesota / Achieve Minneapolis / Achievement Center for Children / Achievement Centers for Children and Families / Acme Christian Thrift Store and Food Pantry / Adams-Friendship High School / Adult Training and Habitation Center / Advent Lutheran Church / Advent Lutheran Church of Goschenhoppen / Advocate Charitable Foundation / Aeon / AFLC Foundation / Agape Kure Beach Ministries / Agora / Aid to the Church in Need / Airborne and Special Operations Museum Foundation Inc. / Albuquerque Meals on Wheels / Aliso Viejo Church of the Cross and Christian School / All for Love Animal Rescue Inc. / All Saints Lutheran Church / All Saints Lutheran Church / Allegheny Lutheran Social Ministries / Alliance Defending Freedom 2012 / Alliance for Sustainability / Along Side Ministries Inc. / ALS Association / Alternating Hemiplegia of Childhood Foundation / Alzheimer’s Disease and Related Disorders Association / Amazing Grace Lutheran Church / American Bible Society / American Cancer Society / American Cancer Society: Minneapolis Office / American Cancer Society: Pennsylvania Division Inc. / American Center for Law and Justice / American Chamber Chorale / American Civil Liberties Union Foundation Inc. / American Diabetes Association / American Foundation for the Blind Inc. / American Guild of Organists / American Health Assistance Foundation / American Heart Association / American Humane Association / American Lutheran Church / American Lutheran Church of Sun City / American Lutheran Homes Inc. / American Red Cross / American Red Cross in the National Capital Region / American Red Cross: Central Illinois Chapter / American School of the Hague / American Society for the Prevention of Cruelty to Animals / American University / Amnion Crisis Pregnancy Center / Anacortes Lutheran Church / Ana’s Angels / Angel on My Shoulder / Animal Humane Society / Animal Rescue League of Iowa Inc. / Animal Rescue Inc. / Animal Rights Coalition Inc.
    [Show full text]