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Fairbanks Foundation a health-care financier

When you run a foundation, particularly if you keep a low profile as the Richard M. Fairbanks Foundation has done, results of your generosity aren't always apparent.

But the foundation, which had $374 million in assets at the end of 2007, has quietly distributed tens of millions of dollars since its founding in 1986, almost exclusively to nonprofit organizations based in Central Indiana.

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CMC makes pick for new president

EDWARDS - Colorado Mountain College trustees unanimously picked Des Moines, Iowa, resident Stan Jensen as their choice for the college's next president on Monday. Trustees looked beyond the traditional presidential track in selecting Jensen, a consultant who specializes in community colleges. Trustees have yet to present its formal offer to Jensen, but he said he was confident they would reach an agreement. Jensen runs Leadership Enterprises Inc., with his wife, Teresa. "We're very excited," he said. "We look forward to coming out there and serving the college as president." Jensen was selected from among five finalists, which were later narrowed down to two. After about two hours in a closed-door session, trustees chose Jensen over Joe Forrester, president of the Community College of Beaver County in Monaco, Pa., and CMC's former Timberline campus dean and interim Vail/Eagle campus dean.


Vital downtown eatery closes doors

PITTSFIELD — Spice, the upscale North Street restaurant that many considered a vital part of the city's downtown renaissance, will be closed indefinitely because of financial hardship, co-owner Joyce S. Bernstein said yesterday.

Spice's Web site states that the restaurant will be closed from March 16 to March 31, but Bernstein said the business will remain dark until further notice because of the economic climate of the city. Meanwhile, Spice's sister restaurant, Burger, will remain open.

"Unfortunately, the present economic model is not particularly viable in Pittsfield," Bernstein said in a telephone interview. "And at this point, we have no other choice but to close and see if we can reconfigure (the restaurant) in a different way."

She declined to discuss further specifics of the closing or details of the restaurant's financial situation.


Entertainment Calendar: 03/21/2008

Items for this calendar must be received by the Record-Eagle at least two weeks in advance. All calendars are published on a space available basis. Information may be mailed to Entertainment Calendar, Record-Eagle, P.O. Box 632, Traverse City, MI 49685-0632; faxed to 946-8632; or e-mail sbeach@record-eagle.com.

Friday, March 21

Dance

Swing Fever Dance, 7 p.m. dance lsson, 7:30-11 p.m. dancing, suggested donation $7 per person, $12 couple, $5 students; Just Imagine Creative Center, 225 W. 14th, TC; www.justimagine.name.

Etc.

Entry deadline for Chef's Challenge competition, event held April 25-26, visit www.chefs-challenge.com, e-mail info@springtimespllendor.com, or call 535-2227.

TADL BATL, 3-6 p.m., multi-player tournament, ages 12/older, free; Traverse Area District Library, 610 Woodmere, TC; 932-8500.


 

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