The COVID-19 Crisis: Long-Term Strategies for Small Colleges and Universities

Webinar On Demand

March 26, 2020

The COVID-19 pandemic has thrown higher education a curveball, and small colleges and universities in particular will struggle to maintain their equilibrium. Watch to learn what boards of small colleges and universities need to know and do about the financial impacts of this crisis. The webinar addresses such concerns as:

  1. Institutional budget process for AY20-21
  2. Cash flow issues
  3. Fundraising challenges and diminished endowments
  4. Enrollment and admissions uncertainties
  5. Personnel, unfunded financial aid, and other expenses
  6. Impending recession and federal relief measures


Steve Golding
Stephen T. Golding
Board Chair, Washington College and AGB Senior Consultant

Stephen T. Golding is the chair of the Washington College Board of Visitors and Governors and a senior consultant for AGB. He most recently served as the vice president for finance and administration at Ohio University and treasurer of the Ohio University Foundation. He has more than 30 years of experience in higher education financial affairs, investment management, strategic resources planning, and government. He was responsible for implementing financial policies and managing most of the university’s financial and administrative functions and operations on the Ohio University-Athens campus. He earned his BA degree from Washington College and his MA from the University of Delaware.


Mary Schmidt Campbell, PhD, President of Spelman College
Mary Schmidt Campbell
President, Spelman College

Mary Schmidt Campbell, PhD, became the 10th president of Spelman College in 2015. A leading liberal arts college for women of African descent located in Atlanta, Georgia, Spelman has long enjoyed a reputation as the nation’s leading producer of black women scientists. Under her leadership, Campbell has launched an ambitious strategic plan designed to boost Spelman’s already impressive graduation rates to 100 percent. Before Spelman, Campbell served as the dean of the Tisch School of Arts for over two decades. She received a BA degree in English literature from Swarthmore College and an MA in art history and a PhD in humanities from Syracuse University.

Elizabeth Davis, President, Furman University
Elizabeth Davis
President, Furman University

Elizabeth Davis, PhD, is the 12th president of Furman University. Under her leadership the university instituted The Furman Advantage, a distinctive vision for higher education that combines learning with immersion experiences outside of the classroom, creating a pathway that prepares students for lives of purpose, successful careers, and community benefit. This effort was launched in 2016 with a $47-million grant from the Duke Endowment. She earned a bachelor of business administration from Baylor University and a PhD from Duke University.

Angel Mendez, Secretary, AGB Board of Directors; Trustee, Lafayette College; and Chief Operating Officer, HERE
Angel L. Mendez
Secretary, AGB Board of Directors; Trustee, Lafayette College; and Chief Operating Officer, HERE

Angel L. Mendez serves as secretary of the AGB Board of Directors and member of the Lafayette College Board of Trustees. He is currently the chief operating officer at HERE, an open location platform company. He is also a member of the executive advisory board of SCM World. He holds a BS from Lafayette College and an MBA from the Crummer School at Rollins College.

Henry Stoever, President and CEO of the Association of Governing Boards of Universities and Colleges
Henry Stoever
President and CEO, AGB

Henry Stoever is the president and CEO of the Association of Governing Boards of Universities and Colleges. He oversees leadership and operations of the $17-million national organization, serving more than 1,300 boards, representing more than 40,000 trustees across more than 2,000 member institutions. Stoever is a champion of AGB’s educational and advocacy work including AGB Consulting and AGB Search, a wholly-owned private company of AGB. He brings to AGB a deep understanding of the importance of citizen governance and a wealth of experience building on the strengths of a member-focused organization. He serves as a trustee for the United States Naval Academy Foundation’s Academic and Scholarship Programs board. He holds a BS from the United States Naval Academy and an MBA from the Kellogg Graduate School of Management at Northwestern University.

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