From the Worldwide Faith News archives www.wfn.org
PC(USA) Loan Keeps College's Doors Open - For Now
From
PCUSA NEWS <pcusa.news@ecunet.org>
Date
08 Dec 1999 20:06:33
8-December-1999
99411
PC(USA) Loan Keeps College's Doors Open - For Now
Sheldon Jackson will need $6 million to survive
by Evan Silverstein
LOUISVILLE, Ky. - Officials of Sheldon Jackson College in Sitka, Alaska,
recently got a temporary reprieve from closing the financially strapped
school, thanks to a $490,000 loan approved by the General Assembly
Council's Executive Committee.
The college's board of trustees voted unanimously to accept the loan
during a Dec. 2-3 meeting, ensuring that the historic Presbyterian college
will stay open at least through the spring semester. Board members set
March 15 as the deadline for deciding whether Sheldon Jackson has the
financial resources to reopen next fall.
"We will make a final decision at that time," said the Rev. David
Meekhof, the school's president.
Meekhof said at least $6 million will be needed over the next three
years to fund the redevelopment of the college, which is named after a
pioneering Presbyterian missionary.
"We deeply appreciate the loan," he said. "It does make it possible for
us to keep the college open for our students and faculty through this
academic year, and makes it possible for us to do more orderly planning
towards being open next fall. But we do have a very major task (ahead), if
that's to happen."
It was feared that the trustees would be voting on a recommendation to
close the 275-student institution, Alaska's oldest college, after years of
deepening financial problems. Some board members favored closing the school
by the end of December, according to Meekhof.
Instead, the GAC's executive committee approved making the loan during
a conference call on Nov. 29, helping the college remain open through June
30, 2000, the end of its fiscal year, and permitting its seniors to
graduate on time. The PC(USA) rejected an earlier request from Sheldon
Jackson for $2 million in emergency funding.
"I think we were struggling with finding a way in which we could be
financially responsive to Sheldon Jackson College while being financially
responsible to the General Assembly's mission priorities," said Donetta C.
Wickstrom, the GAC chair. "The solution ... was to offer a loan that would
enable them to continue through the school year - and then to be in
partnership with them to look at the future. ... There was a desire not to
see the school disappear into bankruptcy."
Sheldon Jackson officials will use $440,000 of the $490,000 loan to
cover outstanding debts and support operations through the end of the
fiscal year, Wickstrom said, and use the remaining $50,000 to pay for a
study of alternative mission uses for the property. Wickstrom said the
study will probably involve the Synod of Alaska-Northwest, the Presbytery
of Alaska and the GAC. She said any recommendation must be approved by the
Sheldon Jackson trustees.
Wickstrom said the GAC executive committee has done what it could while
"recognizing and supporting the rights and duties of the Sheldon Jackson
College Board of Trustees and the administration to operate the college and
determine the future."
The atmosphere during the Sheldon Jackson trustees meeting was
described as tense, and seven of the college's 24 board members, including
chairman John Sweetland, resigned during the meeting.
"I think it was due to differences of opinion on what the college
should do at this point," Meekhof said.
Meanwhile, the college is forming a task force to seek local support
and emphasize the impact that the school has on its seaside community. The
group will also try to develop new options for keeping the college open,
according to its new board chairman, the Rev. David Dobler.
The task force will include the trustees' executive committee, a
representative of the student body, a Sitka city official, a local
newspaper editor, a number of members representing Native Alaskan groups,
and representatives of the General Assembly and the denomination's National
Ministries Division.
"We need some partnerships to strengthen the school that will be of
benefit to the community," said Dobler, whose son and daughter-in-law
attend Sheldon Jackson. "This is a much happier relationship between the
school and the community than there has been at some times in the past."
Sitka officials recently joined the Alaska Native Brotherhood and
Alaska Native Sisterhood in unanimously approving resolutions of support
for the school and a call for local business people to back the
institution.
"Sheldon Jackson economically is an important part of the Sitka
community," said Dobler, a former General Assembly Moderator who is now the
executive for Presbytery of the Yukon, "both in the jobs it provides and
other income it brings in. Culturally, it is very important to the town."
Dobler said he has been pleased with the "tremendous outpouring of
support" for the college from local government, business groups and
indigenous Alaskans.
Despite continuing efforts to find new ways of keeping Sheldon Jackson
viable, students are being told not to assume that the school will reopen
next fall. Meekhof said it needs money to implement new programming and to
boost enrollment.
The possibility of forming a partnership or merging with another
institution is still being explored, Meekhof said, citing recent
conversations with Alaska Pacific University, a private,
Methodist-affiliated liberal arts college in Anchorage; the state-operated
University of Alaska system, which has a campus in Sitka; and Whitworth
College in Spokane, Washington.
Meekhof said staff members will be developing a strategy for curriculum
development that "will move in the direction of re-engineering the college
by building on the programs we have now in the eco-systems, science and
management courses."
He said the school needs to attract more students by expanding existing
programs in research management and marine biology and adding a master's
degree to the school's education program.
Meekhof said the school is examining the possibility of a cooperative
agreement with the city, in which Sheldon Jackson's recreation center, the
Hames Physical Education Facility, would be open to the public.
"It would entail a major lease or sale to the city," he said. "We're in
negotiation with the city on that now."
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
This note sent by Office of News Services,
Presbyterian Church (U.S.A.)
to the World Faith News list <wfn-news@wfn.org>.
For additional information about this news story,
call 502-569-5493 or send e-mail to PCUSA.News@pcusa.org
On the web: http://www.pcusa.org/pcnews/
If you have a question about this mailing list,
send queries to wfn@wfn.org
Browse month . . .
Browse month (sort by Source) . . .
Advanced Search & Browse . . .
WFN Home