PEC Update, June 6, 2008

Today the Supreme Court of Virginia upheld the Circuit Court decisions to dismiss the student contract and charitable trust appeals. Like all of you, we are disappointed with the Court's decision.

Future of R-MWC

These appeals were our best chance of reviving R-MWC. Now, if there is to be a future for R-MWC, it depends solely on the Trustees of Randolph College recognizing that they have made a grave mistake in making the College coeducational. Given the falling enrollment numbers, the lack of any information on fall admissions figures, and the lackluster attendance at Reunion this year, it appears that Randolph College is in trouble. If these trends continue, the Trustees will likely run through R-MWC's more than $150 million endowment and sell the Maier Museum's permanent collection piece by piece in an attempt to keep Randolph College afloat.

Please reach out to the Trustees one more time. Let them know that you are ready, willing, and able to donate time and money to Randolph-Macon Woman's College. Let them know that you are aware that Randolph College is foundering and that help is available - but only with a commitment to the woman's college. Finally, let them know again that they will not receive any donation from you to support the coed Randolph College.

The addresses of all current members of the Board of Trustees and Randolph College officers can be found at the end of this update.

Future of PEC

Although today's Supreme Court decision appears to give nonprofits in Virginia free rein to change their charitable purpose at any time and use previously donated funds for the new purpose, as a Board we continue to strongly support PEC's mission to "preserve diversity of educational choice by supporting women's colleges in general and, more specifically, to preserve Randolph-Macon Woman's College as a college primarily for women."

When we raised funds for the charitable trust lawsuit we said that if we won the suit, any surplus funds would go to R-MWC. If we lost, any remaining funds would go toward supporting women's colleges. To honor the intent of our donors and fulfill our charitable purpose, we will use any remaining funds to issue scholarships for women who wish to attend women's colleges. It remains to be seen whether PEC will continue as an organization to raise funds for and manage these scholarships or if we will simply endow a scholarship fund in the name of R-MWC and her alumnae at one or more women's colleges.

There are many loose ends that remain from the past two years of litigation, including an ongoing appeal that seeks the return of the $500,000 that was placed with the Circuit Court in the art litigation. It will be several months before all of these matters are resolved and we will continue to keep you posted on the progress of this appeal and on PEC's scholarship efforts.

Vita Abundantior,

PEC Board

Diane U. Montgomery (R-MWC '85)
Carol Curcio Lang (R-MWC '68)
Anne Yastremski (R-MWC '05)
Madeline Miller (R-MWC '66)

Randolph College Board of Trustees and College Officers:

President of the Board of Trustees:

Lucy Williams Hooper '73
8904 Highfield Road
Richmond, VA 23229

President of Randolph College:

John E. Klein
3115 Rivermont Avenue
Lynchburg, VA 24503

Secretary:

Dixie Nash Sakolosky '68
2221 Surrey Place
Lynchburg, VA 24503

Treasurer:

Chris Burnley
1368 Cifax Road
Forest, VA 24551

2007-2008 Randolph College Board of Trustees:

Lee Sanford Ainslie
107 Alydar Place
Lynchburg, VA 24503-3890

Melissa Lewis Bernstein '69
1185 Park Avenue, Apt. 15-J
New York, NY 10128-1308

Jewelle Wooten Bickford '63
969 Fifth Avenue
New York, NY 10021

Katherine Stark Caldwell '74
523 Fleetwood
Lookout Mountain, TN 37350-1521

Karen E. Campbell '77
4509 Heath Road
Nashville, TN 37221-6600

Mary Laurie Johnson Cece '84
3309 White Oak Road
Raleigh, NC 27609

Peter H. Dean
1724 Sussex Road, NE
Atlanta, GA 30306-3013

Vellie Dietrich-Hall
6746 Anders Terrace
Springfield, VA 22151

Barbara Sullivan Dixon '67
9646 S James Madison Highway
Dillwyn, VA 23936

Rebecca R. Dixon '60
2001 Sherman Avenue, #302
Evanston, IL 60201-3264

Rebecca Dunn '70
3505 Redmont Road
Birmingham, AL 35213

Susan Braselton Fant '84
1533 28th Street, NW
Washington, DC 20007

C. Thomas Faulders, III
2011 Spottswood Road
Charlottesville, VA 22903

Carolyn Burgess Featheringill '69
3211 Pine Ridge Road
Birmingham, AL 35213-3907

Susan L. Genovese '69
2706 Stonegate Court
Midlothian, VA 23113

Donald M. Giles
3852 Peakland Place
Lynchburg, VA 24503

Lucy Williams Hooper '73
8904 Highfield Road
Richmond, VA 23229

Roderick P. Hoover, Jr.
238 Hempstead Place
Charlotte, NC 28207-1922

Janie Lee Ligon '70
51 Surrey Row, Flat 15
London SE1 OBZ
ENGLAND

Elizabeth A. Maffey '83
7950 Pleasant Avenue
Wyndmoor, PA 19038

Emily Gill Mills '79
849 Greentree Arch
Virginia Beach, VA 23451-3787

Charles W. Pryor, Jr.
1164 Pryor Ridge Trail
Lynchburg, VA 24503

Marc A. Schewel
3241 Elk Street
Lynchburg, VA 24503

Mary M. Scovanner '77
160 Spur Circle
Wayzata, MN 55391

Caroline S. Stephens '96
385 E. Withers Road
Wytheville, VA 24382

Lynn Hume Stuart '60
1415 Robin Hood Place
Lynchburg, VA 24503-2517

John R. Torell, IV
9 Sunny Brae Place
Bronxville, NY 10708

Gail Waller '71
1442 N. Dearborn Street
Chicago, IL 60610-1506

Genia Livings Welburn '95
12805 Reserve Lane
Manassas, VA 20112-8853

Marietta Edmunds Zakas '80
365 Peachtree Battle Avenue
Atlanta, GA 30305-4064

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