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News Release (April 24, 1968)

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Material Information

Title:
News Release (April 24, 1968)
Alternate Title:
News Release New College, For Release: For Wednesday's A.M.'s April 24, 1968, Please Observe Release Date; 1 - 170 - 4/22/68
Physical Description:
Book
Creator:
New College of Florida
Publisher:
New College of Florida
Place of Publication:
Sarasota, Fla.
Creation Date:
April 24, 1968

Subjects

Subjects / Keywords:
History -- New College (Sarasota, Fla.)
Planning -- New College (Sarasota, Fla.)
Records and correspondence -- New College (Sarasota, Fla.)
Genre:
government publication (state, provincial, terriorial, dependent)   ( marcgt )
News release
Spatial Coverage:
United States -- Florida -- Sarasota

Notes

General Note:
Six page news release.
Source of Description:
This bibliographic record is available under the Creative Commons CC0 public domain dedication. The New College of Florida Libraries, as creator of this bibliographic record, has waived all rights to it worldwide under copyright law, including all related and neighboring rights, to the extent allowed by law.

Record Information

Source Institution:
New College of Florida
Holding Location:
New College of Florida
Rights Management:
Before photographing or publishing quotations or excerpts from any materials, permission must be obtained from the New College Archives, and the holder of the copyright, if not New College of Florida.
System ID:
NCF0000761:00001


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/NEWS RELEASE NEW COLLEGE SARASOTA, FLORIDA 33578 813 / 355-7131 FOR RELEASE: FOR WEDNESDAY A.M.'s APRIL 24, 1968 PLEASE OBSERVE RELEASE DATE FtLt 1 170 -4/22/68 Ref: Furman C. Arthur New College has received a $600,000 grant from the Ford Foundation. Announcement of the grant--largest by far from an out-of-state foundation in the college's history--was made at an all-campus meeting in Hamilton Center last night by Dallas W. Dort, chairman of the college's board of trustees. Mr. Dort told assembled students, faculty and staff members that the grant is virtually unrestricted. It can be used for operating expenses of the independent, co-educational liberal arts college, but not for buildings or equipment. Specifically, Mr. Dort said in advance of the campus meeting, the Ford Foundation money will not be available for the construction of new undergraduate facilities on the West Campus. These facilities will be needed in the near future if the college proceeds with its recently-announced plans to convert the present East Campus to its originally-intended use as a continuing education center. Mr. Dort disclosed that Foundation officials had been favorably impressed by the college's expectation that it will very materially reduce its operating budget deficit over the next five years. more

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Page 2 -New College The Board chairman listed the following reasons for the improving financial picture: --Income from students will cover an increasing proportion of educational costs, as enrollment from now on grows much faster than faculty and staff. --Assured annual income from gifts and grants will show a rising trend as various support programs become strongly established and the college becomes better known to potential donors. --The East Campus, as a continuing education center, will produce income that can be used to help underwrite costs of the undergraduate program. --The college will constantly seek means of lowering both educational and housekeeping costs. "This large grant is a vote of confidence in the college, given by a foundation that is seeking to encourage innovation and excellence in higher education," Mr. Dort said. the Foundation have been impressed from the beginning by our educational program and by the high quality of our faculty and students. What they needed was assurance that we would be able to bring our operating budget much more nearly into balance than has been possible in our initial stage of development. This assurance we have now been able to provide." Mr. Dort emphasized that the trustees of the college had always intended that the undergraduate institution should be consolidated on -more -

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Page 3 -New College the West Campus, formerly the Charles Ringling Estate. There are educational and social benefits that would justify this move even if there were no financial advantage involved, he said. Earlier, F. Champion Ward, vice president in charge of the Ford Foundation's Division of Education and Research, informed college officials that the pur.pose of the $600,000 grant was to provide support at a critical time in the history of an institution that is dedicated to combining excellence with innovation in the education of talented students. Mr. Ward said the Foundation had become interested in the development of New College well before the first students were admitted in 1964. "The innovative educational program, the impressive accomplishment of the first graduating class in winning national fellowship awards, and the solid record of accomplishment of the faculty are among the factors that led to the favorable decision on New College's proposal for financial help," Mr. Ward said. He also said the Foundation considered it important to encourage the development in the South of an undergraduate institution of the highest quality, particularly in a cosmopolitan area that has demonstrated the capability of providing continuing financial support. New College President John Elmendorf characterized the Ford Foundation grant as one of the most significant events in the history of the college. Not only does the grant provide financial security for the next several months, he said, but, of even greater importance, it constitutes more -

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Page 4 -New College an endorsement that will lead to increased support of the college by other foundations, business concerns and individuals. "Last September we could see that we would have to obtain well over a million dollars in new gifts and grants to meet our budget needs this year," Dr. Elmendorf explained. "Now we can be sure that we are going to reach this goal. The coming year, however, will be almost equally with about $800,000 in additional support, beyond the Ford grant, being needed to sustain our quality education programs. "In succeeding years," added Dr. Elmendorf, "the income gain from increased enrollment, combined with our strengthened support programs, should reduce the continuing fund raising job to more easily manageable proportions." He said that the college would practice the strictest economies possible short of sacrificing essential elements in its educational programs. "We pride ourselves on being an innovative college," saidc:.the president. "If there is one area above all other in which private higher education needs productive innovation, it's in the area of educational costs. It doesn't prove anything useful if we get great by spending more per student than most other colleges in the country. We've got to learn how to be the best while spending less." One of the economies projected for the college is the proposed w e-.sr unification of the undergraduate campus on side of u. S. 41 while using the East Campus for the long-proposed continuing education center. more -

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Page 5 -New College "This permits us to utilize this relatively luxurious part of the campus for the adult students for whom it was intended," said Dr. Elmendorf, "while we construct more modest buildings designed for undergraduate use near where the library, science buildings and other facilities are or will be." He said that the shift, although entailing the necessity for immediate capital funds, would mean economies for the college in both the short and long runs. Dr. Elmendorf said that the history of Ford Foundation interest in New College goes back to its beginnings. Dr. Alvin Eurich, then vice president of the foundation-supported Fund for the Advancement of Education, visited Sarasota several years ago to discuss the concept of the college with its founders. Educational Facilities Laboratories, Inc., an independent organization supported by the Ford Foundation, underwrote the experimental method for selection of an architect that resulted in the naming of Io M. Pei as designer of the East Campus facilities and later supported a campus planning conference at New College. In addition to Mr. Ward, New College has been visited recently by Robert Schmid, foundation program officer for Higher Education and Research. Both Mr. Ward and Mr. Schmid met with student and faculty groups as part of their detailed study of the college. Now nearing the end of its fourth academic year, New College currently has about 250 students, of whom approximately 220 are in residence. more -

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Page 6 -New College Most of the others are on academic leave under the option that allows students who decide to graduate in four years to be away from the campus for three terms during the four years. Students who wish to graduate in three years must be in residence all three terms of each year. Robert J. Norwine, dean of admissions, expects the new class that will be admitted next September to number between 125 and 150. It will probably be the largest in the college's history and will bring total enrollment above the 300 mark. A large increase in applications this year is attributed by Norwine to the college's growing reputation and to its achievement of full accreditation last November. National attention was focused on the college a year ago when it became known that 10 members of the first graduating class had won a total of 11 national fellowships for graduate study. The record of this year's slightly smaller class, with 10 national awards, has been equally impressive. New College held its first commencement last July, conferring the Bachelor of Arts degree on 46 members of the first charter class. Commencement for the second graduating class is scheduled for June 15. 30 -


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