Students rallied for fossil fuel divestment at WU, in a protest organized by Fossil Free WashU
The unprecedented increase in the University’s endowment has led to questions about where the money should be spent.
We want to see the University keep its word and actually put the funding toward student support and programs that directly benefit the WashU and St. Louis community — not towards aesthetic changes and facility expansions that have no real impact on the WashU student experience.
On Sep. 20, news hit our email inboxes that Washington University’s endowment grew by 65% over the past year, now standing at $15.3 billion. Just a week prior, to our delight, WashU rose by two places in the U.S. News & World Report’s National Universities ranking, making a three-way tie for #14 alongside Brown University […]
Chancellor Andrew Martin launched “Endowment 101,” a three part series on his official blog designed to explain how Washington University’s endowment works this semester.
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.
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.
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.
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.
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