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by Reginald Stuart , April 5, 2007
The endowment was drained by some $8 million -- nearly half its total -- to cover operating expenses in the years before O’Leary’s tenure. In previous statements, O’Leary has vowed Fisk will win the right to sell the art works, asserting the small liberal arts college is not a museum but a school.
Beyond the art sale and stepped up alumni giving appeals, Fisk has not articulated a grand plan for fundraising from local, state or national sources.
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