Dear Board of Trustees

Willard College’s fundraising efforts for FY 2017 yielded a net loss of $234,790.78. That is, we spent $234,790.78 in consulting fees, hiring part time phone bank operators, etc. and raised no money. Not a single penny. In light of the removal of Dr. Henry Cotton from the office of the president, the Board of Trustees can expect a full accounting of the financial misdeeds that occurred during his presidency. We continue to search for Cheryl Tina Faye Cotton who appears to have played a hand in the issue mentioned at the commencement of this letter.

Sincerely, Interim-president and interim-former provost Creedmoor