The role and responsibility of trustees of private colleges in fund raising are discussed. Four areas are identified: (1) concentration on large gifts, (2) alumni financial support, (3) the voluntary support of the friends and non-alumni of the college community, and (4) deferred gifts. (MLW)

Trustees, it is suggested, should keep an eye out for burgeoning short-term debt, over-optimistic income estimates, hidden enrollment problems, student attrition, and loss of special revenue sources. The absolute size of a college is seen as a factor in making the decision to close. (MLW)