Birmingham-Southern College to stay open

BIRMINGHAM, Ala. —

The Birmingham-Southern College's Board of Trustees voted to keep the college open.

This comes, as the college continues to work on fundraising efforts to restore the college's endowment.

According to a news release, the school has secured nearly $46M in pledges from private donors. School officials say that bridge funding from public sources will allow BSC more time to help meet a goal of $200M in endowment.

Watch the video below to hear from excited students about the latest developments.

“The Board of Trustees has made the informed and thoughtful decision to keep Birmingham-Southern open,” said the Rev. Keith D. Thompson ‘83, chair of the Board. “We have been working closely with our allies in state and local government to secure bridge funding.”

“Thanks to their leadership, the Board felt comfortable with moving forward, and has charged President Daniel Coleman with preparing for a public fundraising campaign to restore the College’s endowment,” Thompson said.

Much work lies ahead for the College, Coleman said. “We are already reaching out to our prospective students and will be hiring faculty and staff to ensure that we are delivering the full BSC experience this fall,” he said. “We will also be gearing up for the public phase of the endowment campaign, which will ensure our long-term financial resilience.”