The Carleton Board of Trustees met in Northfield for its Fall Term meeting on October 23-24, 2025. The following is a brief summary of major topics discussed and actions taken during their meeting:
1. The Board discussed and unanimously approved a new financial aid policy that will help Carleton meet the changing concerns of students and families.
2. The Board discussed and unanimously approved the proposed $600 million working goal for the next comprehensive campaign.
3. The Board approved new and changed faculty leaves of absence for 2026-27.
4. The Board approved the request for 12 mid-year B.A. degrees, effective November 24, 2025, pending successful completion of their remaining requirements for graduation.
5. The Board approved updates to the Faculty Handbook that bring it into compliance with FMLA.
6. The Board approved the audited financial statements for the year ending June 30, 2025, as well as the Carleton College Defined Contribution Retirement Plan audited financial statement and IRS 5500 for the year ending December 31, 2024.
7. The Board approved membership into Founders Court of one donor, an honor recognizing extraordinary generosity to the College, based on cumulative irrevocable gifts totaling or exceeding $5 million.
8. The Board approved one faculty promotion.
9. Kelsey Deshler, CIO, provided an update on the College’s endowment in board materials.
10. Trustees joined members of the Class of 1974 to celebrate the new Class of ’74 Center at a reception and tour of the new building, and were then joined by the Class of 1974 for a celebratory dinner.