Birmingham-Southern College, a private liberal arts institution in Alabama, faces financial ruin and cannot stay open past May without new funding, according to state legislators. The roughly 1,000-student college is seeking $37.5 million in government money, which would serve as a stopgap while it ramps up a colossal fundraising effort, its president, Daniel Coleman, said in a statement. Thus far, Coleman “has secured firm commitments from hundreds of private donors” totaling $45 million toward a $200 million goal by May of 2026. This funding would help refresh the college’s endowment.
