[Alumni-chat] Some Questions Answered

Tue Apr 1 09:13:36 EDT 2008

P asked:
"Do we know exactly what our $12.2 million would buy?
Not the endowment.  Not WYSO.  And apparently not the name. "

I learned that the $12.2 million would buy all the physical assets normally
associated with college except the Golf Course, Kettering, and Fels.  It
included the endowment and Glen Helen and the name "Antioch College".  It
did not include AEA or WYSO.

_________________
Barrie Grenell
(415) 826-5391 home
(415) 652-1038 cell
sercle at sbcglobal.net

-----Original Message-----
From: saveantioch-bounces at lists.antiochians.org
[mailto:saveantioch-bounces at lists.antiochians.org] On Behalf Of Barrie
Grenell
Sent: Monday, March 31, 2008 7:40 PM
To: 'Priscilla'; Cdelairre at aol.com; ellen.borgersen at sbcglobal.net;
tganges at umflint.edu; alumni-board at antiochians.org;
communications at antiochians.org; organizers at antiochians.org;
SaveAntioch at lists.antiochians.org; alumni-chat at w3.antioch.edu;
chapters at antiochians.org
Subject: Re: [SaveAntioch] Pension Funds

Can somebody answer these questions?

_________________
Barrie Grenell
(415) 826-5391 home
(415) 652-1038 cell
sercle at sbcglobal.net

-----Original Message-----
From: saveantioch-bounces at lists.antiochians.org
[mailto:saveantioch-bounces at lists.antiochians.org] On Behalf Of Priscilla
Sent: Monday, March 31, 2008 6:15 PM
To: Cdelairre at aol.com; ellen.borgersen at sbcglobal.net; tganges at umflint.edu;
alumni-board at antiochians.org; communications at antiochians.org;
organizers at antiochians.org; SaveAntioch at lists.antiochians.org;
alumni-chat at w3.antioch.edu; chapters at antiochians.org
Subject: Re: [SaveAntioch] Pension Funds

Good questions...but only a few of a great many.  As inspired as I have been

by Barrie's suggested $50/month alumni participation, I have wondered, 	Of
all that we 
stand to lose at the bargaining table, I surprise myselt with the intensity 
of my outrage over that last sticking point.  WE are
Antioch; THEY are McPhoenix.  (Whoever coined that label, thank you!) 
Should negotiations ever resume, we need a seat at the table.  We also need 
legal advice.  My $50/mo is now committed to our needs, but I would prefer 
that it go first to retaining an accountant and/or lawyer then, after we 
have prevailed (!), to rebuilding or paying down a debt.

P

----- Original Message ----- 
From: <Cdelairre at aol.com>
To: <ellen.borgersen at sbcglobal.net>; <tganges at umflint.edu>; 
<alumni-board at antiochians.org>; <communications at antiochians.org>; 
<organizers at antiochians.org>; <SaveAntioch at lists.antiochians.org>; 
<alumni-chat at w3.antioch.edu>; <chapters at antiochians.org>
Sent: Monday, March 31, 2008 5:50 PM
Subject: [SaveAntioch] Pension Funds

> Distribution:
>
> Does anyone know what the "pension reserve" amount is on the Colleges
> balance sheet? I am refering specifically to the amount of money that has 
> been  set
> aside to meet retirement obligations for tenured  faculty. If the  tenure
> agreements include a pension, then there must be a pension fund. What 
> happens to
> this money (if it exists) under the plan proposed by the AUBOT after  4 
> years?
> Is this money worked into their revitalization plan for capital 
> improvements
> instead of pensions to tenured faculty? Has it already been spent?  or, 
> Has
> it ever been funded? How deep does this rabbit hole actually go? Lastly, 
> How
> is this fund worked into the sale of assets? Is AC3 purchasing assets of 
> the
> University? or Is AC3 purchasing a going concern, which includes all 
> balance
> sheet assets/liabilities?
>
> Cross De Lairre
>
>
>
> **************Create a Home Theater Like the Pros. Watch the video on AOL
> Home.
>
(http://home.aol.com/diy/home-improvement-eric-stromer?video=15&ncid=aolhom0
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