Alumni and Friends of Grace,
I am writing today to ask for your prayerful support of our Grace University.
As you know, higher education has undergone many changes over the past few years as a result of the economy, as well as social dynamics. Grace University has not been immune to those changes and the financial challenges associated with them.
With the city’s plan to develop the 10th Street corridor, the value of Grace University’s property has increased significantly over the past couple of years. Coupled with the fact that many of the buildings on the Grace campus have substantial, costly deferred maintenance needs, and dated infrastructure, the board of trustees determined in 2016 that it would be in the best interest of the university to sell our primary assets – our buildings and land.
Interest has been strong, and we have received an offer from Omaha Public Schools. Therefore, we have executed a purchase agreement with OPS for the sale of the buildings, e.g. the Gymnasium, Tschetter Academic Center, Suckau Chapel, Burkholder Center and Schmidt Hall, and open space on that property. Per the agreement, Grace will have full use of the property as it’s currently being used until May 31, 2018.
Grace University’s board of trustees and executive management are currently evaluating various options for the university to continue operations. These options include relocating the school, or merging with another, similar, faith-based institution.
We are in the midst of discussions about possible campus locations, with the goal of enabling Grace to continue its mission to develop servant leaders for the home, the church and the world.
We ask that you pray that the Lord provides for Grace the resources it needs to continue preparing strong, bold leaders who spread His light where there is darkness in our world. We thank you for your past financial support of the University and ask you to prayerfully consider continued financial support of the school.
Bill Bauhard, M.S.