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FEATURES
011
Gen. Krulak named
13th president
of BSC
Debt
restructuring
begins
Explorations
curriculum
launched
College balances
budget for first
of three years
Indeed, over the course of four years, Krulak
and his team:
•
Restructured the college’s debt and
reduced it almost 10 percent;
•
Operated under balanced budgets and
received clean audits for three years
running;
•
Reinforced ties with the Methodist
church, which generously donated $1
million to the college on top of its regular
scholarship contributions;
•
Conducted record fundraising campaigns,
tallying more than $40 million in gifts
and pledges;
•
Reconnected with the college’s alumni,
increasing the alumni giving rate from 28
percent to a record-high 34 percent.
For a time, his top task was to
get BSC back into the good graces
of its accrediting agency, the
Southern Association of Colleges
and Schools Commission on
Colleges (SACSCOC), which had
placed the college on sanction for
financial weakness. For months on
end, Krulak and senior staffers held
weekly meetings that invariably
started with SACSCOC-related
progress reports; every area of
campus set new goals and was
required to document progress;
and policies and procedures were
instituted for a range of matters.
And it worked—SACSCOC first
removed BSC from warning,
and then last fall, a visiting
committee conducted the college’s
10-year review of whether to
reaffirm accreditation and had no
recommendations. Finally, after four
years, everything was ship-shape.
Krulaks move
into student
housing
Gen. Krulak begins
tradition of
cookies at finals