endowment
VIDEO: Jeff Nelson interview
Student Union President Jeff Nelson talked to Student Life about a number of events within SU this week, including the passing of multiple “green” resolutions, the recent SU Executive resignations, and SU’s interaction with the University on its recent financial struggles, as well as new projects like an SU-funded system of grants for student initiatives. [...]
WUSET is in need of revision
On Oct. 28, Student Life published an article discussing the recently formed student group called Washington University Students for Endowment Transparency (WUSET), a “New student group pushing transparency in endowment.” WUSET, acting in support of a group known as the Responsible Endowments Coalition, has begun to gain recognition on campus, claiming it promotes “responsible” investments.
New student group pushing transparency in endowment
Despite the improving national economy, Chancellor Mark Wrighton reported earlier this September that as of June 30, 2009, the market value of Washington University’s endowment, about $4.2 billion, is down by 30 percent from its peak value two years ago, and the University anticipates an annual deficit of $30 million through fiscal 2011 and beyond.
A proposal for revenue: alternate vending
While we aren’t running out of money yet, why not try to gain back some of our losses? In my opinion, a perfect way to do this can be described in two words: alternate vending.
Wrighton: Endowment down 30 percent
Despite some indications that the global economy is gaining strength, Washington University’s financial situation has not improved since April, according to an e-mail sent by Chancellor Mark Wrighton Wednesday afternoon.
Though the University took several cost-saving measures over the summer, it continues to face an annual shortfall of about $30 million per year through fiscal 2011 [...]
Cuts in endowment should not touch faculty and community well-being
On the second occasion in recent memory, our email inboxes have been met with a sobering statement from Chancellor Wrighton. Because of the current state of the economy, Wash. U.’s endowment has diminished significantly, and our University will need to make significant cuts in order to address a predicted $30 million shortfall in the operating [...]
University endowment down 30 percent, further difficulties expected
Washington University’s financial situation has not improved since April, according to an e-mail sent by Chancellor Mark Wrighton Wednesday afternoon.
Financial troubles: University prepares for another hard year
In the midst of the worldwide economic crisis, Washington University is dealing with a difficult financial situation of its own. As of the end of May, the University’s endowment is down by 20 to 25 percent.
Wrighton’s economic impacts letter lacks real understanding
I don’t know why the letter from Chancellor Mark S. Wrighton about the impact of the economic crisis on Washington University makes me so angry, but it does.
Despite economy, WU financial aid dollars steady
In response to the continuing worldwide crisis in financial markets, universities around the country are starting to feel the impact of their endowment funds posting significant losses in recent months.
According to Director of Student Financial Services Bill Witbrodt, Washington University has still been able to meet the financial needs of students despite the coun-try’s economic [...]
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