This document summarizes the state of the college. It recognizes the college's strengths, including its residential character and commitment to preparing students for their lives and careers. It outlines aspirations to continue improving academic quality, attracting strong students and faculty, and serving as an intellectual and cultural hub for the region. The college recently achieved reaccreditation with one recommendation around assessment and five commendations. It discusses budget reductions, rational tuition increases, and academic initiatives including faculty searches and workload models. The document also outlines ideas for external fundraising and development.