Presidents’ Report From The Board Of Visitors And Governors Meeting February 2024
The St. John’s College Board of Visitors and Governors met in Annapolis February 22–24, 2024. The meeting celebrated the incredible generosity of Karen Pritzker and the Jay Pritzker Foundation to address campus improvements in both Annapolis and Santa Fe, work that would otherwise have taken decades to accomplish. The largest residence hall in Annapolis, Campbell Hall, was rededicated as Edensword Hall in honor of Karen Pritzker’s father and will reopen later this year with renovated student rooms, an expanded bookstore, and a new coffee shop. Additionally, presentations focused on career outcomes after St. John’s, including new opportunities in the field of AI. Board members, faculty, and staff participated in a hands-on experience of the freshman laboratory, drawing and observing living beings. A special fundraising initiative in honor of President Roosevelt’s retirement was announced to raise starting salaries for faculty and lower-paid staff. We have raised $8 million toward a $10 million goal for this new fund, with 100 percent of board members contributing. The college is on much stronger financial footing than it was in 2015, thanks to incredible philanthropic support and by controlling operating costs. Going forward, the college must work toward a balanced budget by increasing revenues and limiting expenses.