Judson College is having increased difficulty pursuing its educational mission. Continued low enrollment over the past two decades has strained the College’s resources to the point that insufficient cash can be projected through the College’s normal revenue patterns.
This reality caused the Board of Trustees to make the following determination. In order to begin the spring semester, the College must, by December 31, receive unrestricted cash donations of $500,000 and unrestricted commitments for an additional $1,000,000 in cash donations to be contributed to the College between January 1 and May 31, 2021. Without these extraordinary gifts, the College will not have sufficient cash to meet its operational responsibilities and will be unable to begin the spring semester. If this happens, all students will be informed of transfer options to complete their degrees.
However, if the generosity of the College’s dedicated family of donors reaches these goals, the College will proceed with the spring semester that will conclude with commencement on April 30, 2021. Can you make a gift to support the College before December 31, 2020? Will you commit now, before December 31, 2020, to a subsequent gift by May 31, 2021?
In the meantime, and due to the pandemic enrollment impacts to higher education, the Board of Trustees will engage the services of Fuller Higher Ed Solutions to research the College’s changing markets and to explore potential avenues. Timothy Fuller will be leading this effort, including requesting assistance for focus groups from the College’s various constituencies. If you are requested to participate, please make every effort to do so.
Thank you for your consideration of this admittedly extraordinary request. Please know that the Trustees and administration of Judson College are seeking God’s leadership for the future of the College in order to ensure that all things are done “decently and in order” (1 Corinthians 14:40). If you would like to review the most recent audited financial statements of the College, please let me know and a copy will be provided to you.
Sincerely and respectfully,