At its meeting May 13, the Rockford College Board of Trustees took action on several initiatives pertaining to the colleges financial future. The trustees resolved to provide more than $2 million to the college before June 30, the end of the colleges fiscal year. This is in addition to steps taken by college administration earlier this year to respond to the financial difficulties encountered as a result of enrollment shortfalls. The $2 million from individual trustees is a combination of outright gifts and proceeds from an agreement to purchase parcels of land deemed not essential to the colleges core mission.
The trustees also made decisions on various other issues related to the colleges budget, including the sale of pieces from the colleges art collection, as well as changes to the colleges budget for fiscal year 2007, all aimed at bringing financial stability to the college.
The decisions made are a positive step for our future as we work together to ensure the continuation and enhancement of the Rockford College tradition of excellence, said Charles Colman, chairman of the Board of Trustees.
I think the trustees generosity is remarkable and wonderful for Rockford College. It creates a tremendous opportunity and serves as an early indication of progress that will let everyone know that Rockford College is frankly and successfully responding to a challenging situation, said President-elect Dr. Richard Kneedler, following Sundays trustee meeting.
Other business on the boards agenda included the vote on the slate of officers for the coming fiscal year. All of the current officers have renewed their terms, including Charles L. Colman, chairman; Ray Wood, vice chairman; Jane Thomas, 56, secretary; and David Rydell, 63, treasurer.
In addition to the more than 440 degrees granted at the colleges 152nd Commencement Sunday, May 14, the college also granted emeritus status to three long-standing and respected faculty members: Gerald Caton, professor emeritus of mathematics; Joel Tibbetts, professor emeritus of religious studies; and Karen Tibbetts, professor and director emeritus of the library, on the occasion of their retirement. Honorary degrees were awarded to Dr. Nancy Crumlish Bruemmer, 49, a distinguished medical doctor and researcher; Charles L. Colman, chairman of the Board of Trustees; and Dr. Peter Stanlis, a renowned scholar and teacher and distinguished Rockford College Humanities professor emeritus.
From the May 24-30, 2006, issue