Dear colleagues, Last week, the Board of Trustees held a three-day retreat to review and renew Ohio Wesleyan’s Strategic Plan, which was developed five years ago, and provide input on plans to launch a comprehensive campaign for the University. Also participating in the retreat were six faculty members (Dale Brugh, Amy Downing, Shala Hankison, Bart Martin, Paula White, and Chris Wolverton) and other senior University leaders. I am delighted to report that the retreat—and the Winter meeting, which concluded the retreat—were very successful. The retreat began with a presentation by Doug Smith, a member of the Board of Trustees at DePauw University and the son of Gordon and Helen Smith. The Board was struck by the similarity of challenges faced by our two institutions, and this helped provide a context for the Board’s discussion of Ohio Wesleyan’s particular responses to the challenges we face. In their examination of the Strategic Plan, the Board discussed what they believed were the most powerful aspects of the plan, the most pressing unfinished business of the plan, what was missing from the plan, and what should be removed from the plan. The Board expressed confidence in and commitment to The OWU Connection as the foundation for Ohio Wesleyan’s distinctive approach to a full and well-rounded liberal arts education for today’s students. A presentation to the Board showed that during the first five years of the Strategic Plan, the number of OWU students with travel-learning and theory-to-practice experiences has increased by a factor of four. They also expressed a strong conviction to support the growth of the endowment, and they commented on the need to continue to invest in student financial aid, classroom technology, our fine faculty, and improved and expanded student housing options. The Board spent a great deal of time discussing the upcoming comprehensive campaign. The feasibility study, consisting of interviews with approximately 50 of our top donor prospects, will begin next week. The Board anticipates receiving initial results of the feasibility study at its May meeting and likely will move at that time to set a goal and begin the silent phase of the campaign. At the Full Board Meeting on Saturday, the Board took the following actions.
Student Housing Master Plan
The Board passed a resolution accepting the initial Student Housing Master Plan and directing the administration to continue developing plans for a proposed Phase One, which calls for a $25 million investment in a combination of new construction and restoration of existing facilities. The resolution also asks for concrete recommendations for financing and for use of funds, as well as a detailed timeline for implementation of Phase One, to be presented to the Board at its May meeting.
Tuition and Fees