Antioch College is a private, independent liberal arts college in Yellow Springs, Ohio, United States. It was the founder and the flagship institution of the six-campus Antioch University system. Founded in 1852 by the Christian Connection, the college began operating in 1853 with politician and education reformer Horace Mann as its first president. Between 1921 and 2008, the college's educational approach blended practical work experience with classroom learning, and participatory community governance. Students received narrative evaluations instead of academic letter grades. In June 2007, the University’s Board of Trustees announced that Antioch College would be suspending operations as of July 2008. Antioch University transferred the assets, including the college campus, a $20 million endowment, Glen Helen and the Antioch Review, to the Antioch College Continuing Corporation in 2009 for $5 million. Since then, the Antioch College Continuing Corporation has raised nearly $17 million from alumni in its quest to reopen in fall 2011. The College plans to reopen to its first class in October 2011.