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VOLUME 95, ISSUE 7 // OCTOBER 24, 2008
GUILFORD COLLEGE // WWW.GUlLFORDIAN.COM // GREENSBORO, NC
Trustees address budget issues in first
By Esta Broderick
Staff Writer
On Oct. 2-4, the board
of trustees met for the first
time for the 2008-2009 fis
cal year. The committee
meetings covered invest
ments, advancement, aca
demic affairs, buildings and
grounds, Quaker life and
diversity.
Considering the financial
crisis that America is in at
the moment, the one ques
tion on everyone's mind is
the state of the endowment
portfolio.
"Well, we lost three mil
lion dollars just at the be
ginning of this week, but it
will go back up. The funds
are all in long term stuff and
well diversified," said Joe
Bryan Jr., chair of the board
of trustees.
The endowment is held
in many different funds
and is managed by a com
prehensive long-term plan,
so it is expected to rise and
fall with the markets. The
diversification is a strategy
to protect against any spe
cific industry loss that could
happen. If the funds were
all invested in only one in
dustry, such as the financial
See "Trustees Meeting" on page 2
i)
STUDENTS GIVE BACK OVER FALL BREAK
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By Kylie Gilliams
Staff Writer
We gathered at the Hut on a murky Sun
day morning and piled sleepily into two
white vans. Fourteen hours later, we had
crossed five state lines and watched the
city lights of New Orleans sparkle as we
passed over before descending into Jean
Lafitte, Louisiana.
Hello, fall break. The work trip had be-
gun.
The group was made up of 20 Guilford
students, Guilford staff members Tom
Coaxum and Frank Massey, one high school
student and 10 members of the North Car
olina Friends Disaster Service (FDS).
There were fewer people than on previ
ous trips I've been on and that created an
See "Work Trip" on page 7
(Above, from left) IFF Gifts Discernment
Coordinator Frank Massey, FDS volun
teer Dwight Osborne, CCE sophomore
Michelle Grisaffi, Director of Institu
tional Research & Assessment Thomas
Coaxum (inside house), and sopho
mores Zlatana Nenova and Tawana
Manyukwi work to rebuild a home in
Jean Laffite, La. over fell break.
In their first meeting of the 2008-2009 school year, the board of trustees revised
the budget and presented ideas on managing the endowment portfolio.
Clearing the air about Guilford's smoking policy
By Mara McLaurin
Staff Writer
With more and more col
leges in the area going
smoke-free on their campus
es, Guilford is tightening its
reins on the current smok
ing policy, while looking to
students for input about the
future of Guilford's smoking
policy.
The idea of non-smoking
areas on Guilford's campus
seems almost imaginary
based on the steady trail of
cigarette butts. Guilford is
one of the few colleges left
in the Greensboro area that is
not a completely smoke-free
campus.
The Tobacco Use Prevention
Coalition of Guilford County
and partnering organizations
have seen great strides taken
to expand tobacco-free areas
on college campuses.
"Not only have we expand
ed our reach into surround
ing counties and campuses,
but we have seen 100 percent
tobacco-free policy announce
ments af Greensboro College
and Guilford Technical
Community
College. They
will soon join
Guilford
County's first
100 percent
tobac
co-free college campus:
Bennett College for Women,
offering protection for non-
smokers and incentive for
tobacco users to quit," accord
ing to a publication from
the Tobacco Use Prevention
See "Smoking" on page 2
First-year Malcotn Gardener smokes
a cigarette in a restricted area.
Nearly $400,000 discovered from left-over student activity fees
By Jasmine Ashton
Staff Writer
"At the end of last year, a bucket
of money was discovered that had
been collecting for years from left
over Senate money," said Senate
President Joe Pelcher at the Sept.
24 Community Senate meeting
scheduled to discuss a policy to ac
cess thb $359,421 discovered at the
end of last year. "Tonight we want
to come up with a policy so that
money will not be abused."
The "bucket of money" Pelcher
refers to is the rollover fund. This
fund consists of all money held in
the student general fund that is left
over from the current fiscal year.
These funds come from the portion
of student tuition reserved for stu
dent activity fees.
The initial policy proposed
would require all rollover fund
money to be spent on permanent
on-campus projects that benefit the
entire student body. It would also
require all future projects to be ap
proved through unanimous con
sent, and drawing no more than 20
percent of the total fund per aca
demic year.
Many senators, however, held
issue with some vagueness within
the initial policy.
Early in the meeting, several stu
dents including senior Sara Eisen-
berg were concerned by the loose
See "Rollover Fund" on page 3