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Antioch College Receives More than $6 Million in End-of-Year Donations, Closes Fiscal Year with $12.75 Million in Contributed Revenue

(Yellow Springs, OH, Jul. 12, 2017) - Antioch College completed its 2017 fiscal year with several resounding votes of confidence.

Prominent supporters of the College have contributed more than $6 million in the last several weeks, providing momentum as Antioch prepares for the 2017-18 academic year.

Maureen Lynch and Richard Lapedes, Yellow Springs residents and longtime Antioch supporters, gave $1 million as a sign of their belief in the College’s future and a challenge to other donors.

"We are not Antioch alumni, but we know how much the College means to the health of Yellow Springs and the future of American education. Our gift is inspired by the many villagers who have devoted major parts of their lives and in many instances their wealth to Antioch. We hope this will encourage many more to help secure Antioch's progress,” said Lynch, a member of the Antioch College Board of Trustees.

Their challenge inspired a powerful response, including a seven-figure gift from an anonymous donor living in Yellow Springs, and a stunning $2 million gift in the final days of the fiscal year from alumnus Matthew Morgan ’99, newly elected to the Board of Trustees.

“As we continue building Antioch from a 167-year-old start-up into a new kind of American college, we are heartened and encouraged by these acts of generosity,” said President Tom Manley. “These commitments indicate how deeply Antioch is valued, both here in Yellow Springs and across the country.”

“They also indicate strong confidence that our revival will continue, and that Antioch will be able to thrive well into the future,” he said.

“No one ever said bringing Antioch back would be easy,” said trustee and outgoing Board chair Malte von Matthiessen ’66, “but the overwhelming support from my fellow villagers, alumni and supporters gives me great optimism for our long-term success.”

By the close of the fiscal year on June 30, the College had raised $12.75 million from more than 3,000 individual donors.

For more information on Antioch’s fundraising efforts, please contact Susanne Hashim, Vice President for Advancement at 937-319-0163 or shashim@antiochcollege.edu.