Facing financial pressures, the King’s College made a recent appeal to donors for $2.6 million to meet immediate needs, warning that the small evangelical institution located in the heart of Wall Street is at risk of closure if it can’t quickly fundraise its way out of a dire situation. The deadline to raise the $2.6 million was Feb. 15. So far, the college has raised $178,000, according to an email sent to supporters earlier this week. While officials have described Feb. 15 as an artificial deadline to spur donors into action, the fundraising results thus far fall so short of what’s required that the goal seems out of reach.
