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Staff ed: Transparency committee offers spark of hope

Representatives from Fossil Free WashU and WU/FUSED met with Wrighton to discuss the formation of a “transparency committee,” to open the doors to a conversation between the administration and those arguing for divestment from fossil fuels.

Endowment advisory committee to begin as new CIO takes office

An initiative announced in April of last year, the advisory committee on Washington University’s endowment will be formed and begin its work when Scott Wilson, the University’s new chief investment officer, assumes his position Nov. 27.

Julia Arbanas | Contributing Reporter

Ways Wash. U. should spend its money

Tulips-schmulips, we’ve got better ideas.

Forum Staff

Endowment decrease reflects national trend: Administrators say direct impact on students will be minimal

Washington University’s endowment fell 1 percent between 2011 and 2012, but University administrators said the school’s spending will continue to increase. The increase in spending, however, will not keep up with rising costs from inflation. Administrators said that the decrease in endowment will not have any visible effect on students.

Ellie Kincaid | Student Life

Five resolutions pass at WIRAC’s first voting meeting

After years of student efforts to increase endowment transparency, the Washington University Investor Responsibility Advisory Committee (WIRAC) passed all five proposed resolutions at its first voting meeting Friday.

Board of Trustees approves another 1 percent increase in endowment spending

The Washington University board of trustees has approved an additional one percent spending from the endowment, effective July 1. This increase, approved at the board’s meeting last week, follows an increase of the same size last year. Chancellor Mark S. Wrighton said he hopes endowment spending will continue to grow in years to come.

| News Staff

Increased endowment allows departments to start reversing cutbacks

A nearly $800 million increase in Washington University’s endowment over the past fiscal year is allowing the University to allocate more funds to departments previously subject to significant budget cuts.

| Staff Reporter

Markets, gifts responsible for increased University endowment

Washington University’s endowment grew by almost $800 million in the last fiscal year, officials said recently. The endowment totals $5.35 billion as of June 30, the end of the fiscal year. Chancellor Mark S. Wrighton said the increase is due to both the return on the University’s investments and donor gifts.

| Senior News Editor

Investment advisory committee is a good first step

Last week, Student Union announced that it would be creating a student-faculty advisory committee that would give recommendations to the Washington University Investment Management Co. (WUIMC) about how to invest the endowment. This move was well-received by students.

| Forum Editor

Advisory committee for endowment transparency approved

Washington University approved a request for the school’s investment arm to receive student and faculty input on the social policies of companies it invests in. The Washington University Investment Management Co. (WUIMC) agreed to a student-faculty advisory committee that student leaders had proposed as a way to improve endowment transparency.

| Senior News Editor