Ownership of Keiser University: A Closer Look

Explore the Ownership of Keiser University: Learn about its founding, transition to non-profit status, governance, and commitment to quality education.

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Keiser University is a renowned institution known for its commitment to providing career-focused education and a wide array of academic programs. When considering a university for your higher education journey, understanding its ownership and governance structure is essential. In this comprehensive article, we will delve into the ownership of Keiser University, its history, and how its ownership has evolved over the years.

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Keiser University has a rich history of providing quality education dating back to its founding. Understanding the ownership of the university helps shed light on its values, mission, and commitment to academic excellence. Let’s explore the ownership of Keiser University in detail.

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Founding and Early Ownership

Keiser University was founded by Dr. Arthur Keiser and his mother, Evelyn Keiser, in 1977. The university began as a small institution in Fort Lauderdale, Florida, with a focus on offering quality education in fields such as healthcare, business, and technology. Dr. Arthur Keiser played a pivotal role in shaping the university’s vision and direction during its early years.

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Transition to Non-Profit Status

In 2011, Keiser University underwent a significant change in ownership and governance. The university transitioned from a for-profit institution to a non-profit entity. This transition marked a shift in the university’s ownership structure and governance, aligning it more closely with traditional non-profit universities.

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Keiser University’s Non-Profit Status

As a non-profit university, Keiser University operates under the ownership of Everglades College, Inc., which is a 501(c)(3) non-profit organization. This transition to non-profit status was seen as a strategic move to enhance the university’s commitment to its educational mission and to ensure that its resources are directed primarily toward the benefit of students and the quality of education.

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Governance Structure

Keiser University’s governance structure includes a Board of Trustees responsible for overseeing the university’s operations and ensuring that it adheres to its mission and values. The Board of Trustees plays a critical role in decision-making processes and the overall direction of the university.

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Commitment to Education

Throughout its history and ownership changes, Keiser University has remained committed to providing students with quality education that is aligned with industry needs. The university’s programs are designed to prepare students for successful careers in fields such as healthcare, business, technology, and more.

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Accreditation and Recognition

Keiser University is accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC) to award certificates and degrees at the associate, baccalaureate, masters, and doctoral levels. This accreditation reflects the university’s commitment to meeting high standards of educational quality.

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Conclusion

Keiser University’s ownership history is a testament to its evolution as an institution dedicated to providing career-focused education. From its founding by Dr. Arthur Keiser and Evelyn Keiser to its transition to non-profit status, the university has consistently strived to provide students with quality education and prepare them for successful careers.

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Understanding the ownership and governance structure of Keiser University is essential for prospective students, as it provides insights into the university’s values, mission, and commitment to academic excellence. As Keiser University continues to evolve and grow, its ownership structure remains a cornerstone of its identity as an institution dedicated to the success of its students.

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FAQs

1. Who founded Keiser University?

Keiser University was founded by Dr. Arthur Keiser and his mother, Evelyn Keiser, in 1977.

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2. Is Keiser University a for-profit or non-profit institution?

Keiser University transitioned from a for-profit institution to a non-profit entity in 2011. It currently operates as a non-profit university.

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3. Who owns Keiser University now?

Keiser University is owned by Everglades College, Inc., a 501(c)(3) non-profit organization.

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4. What is the governance structure of Keiser University?

A: Keiser University is governed by a Board of Trustees, which is responsible for overseeing the university’s operations, ensuring adherence to its mission, and making important decisions related to the university’s direction.

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5. What accreditation does Keiser University hold?

Keiser University is accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC) to award certificates and degrees at various levels, including associate, baccalaureate, masters, and doctoral degrees.

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6. How has Keiser University’s ownership history influenced its mission and values?

Keiser University’s ownership history reflects its commitment to providing quality education aligned with industry needs. The transition to non-profit status underscored its dedication to its educational mission and directing resources primarily toward student benefit and educational quality.

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