wellesley college endowmentwellesley college endowment

Investment Director. The Investment Office serves Wellesley Colleges missionto provide an excellent liberal arts education for women who will make a difference in the worldthrough the management and oversight of key College financial assets and benefit plans. It was a women-only institution at a time when women were generally denied access to higher education. Investment OfficeNehoiden HouseWellesley College91 Dover RoadWellesley, MA 02482, Debby Kuenstner, Chief Investment Officer, Copyright Trustees of Wellesley College | Wellesley College 106 Central Street Wellesley, MA 02481 (781) 283-1000. So endowment distributions in [the 2023] fiscal year, what were spending right now, was driven in large measure by that extraordinary return that we had [in the 2021 fiscal year], Kuenster said. In the spring of 2021, the Board of Trustees affirmed an Investment Committee decision to prohibit commitments to private equity funds devoted to oil and gas investments. Full Time position. Investment OfficeNehoiden HouseWellesley College91 Dover RoadWellesley, MA 02482, Debby Kuenstner, Chief Investment Officer, Copyright Trustees of Wellesley College | Wellesley College 106 Central Street Wellesley, MA 02481 (781) 283-1000. No affiliation or endorsement, express or implied, is provided by their use. Debby Kuenstner joined Wellesley College as Chief Investment Officer in February 2009. At Wellesley, the creamy treats are distributed through Hershey's Colleges and Universities ice cream program. The Wellesley College Board of Trustees is responsible for the investment of the College's Endowment. But Watts said the endowment, which he said ranges from $500 to $700 million, is smaller than the endowments of other colleges in Oberlin's peer group. Wellesley Undergraduate Population Male/Female Breakdown of Undergraduates The full-time Wellesley undergraduate population is made up of 100% women, and 0% men. By 2015, the table totaled $394.96billion, an increase of 80%, and in 2018, the total further increased to $479.23billion. The larger the endowment, the greater the revenue stream for the College. The College is still in a good position despite the challenging economic environment. The National Association of College and University Business Officers (NACUBO) maintains information on college endowments. In the past fiscal year, BC's endowment jumped by around $1.2 billion, bringing the endowment's total to $3.8 billion. Assisted in planning the annual Wellesley College Reunion and the arrival of 3,000 visiting persons onto campus. Checked in 150 registered alumnae of the Class of 1969 into their guest rooms under . yAy!!!) There are many great smaller and lesser-known colleges that offer an excellent education at a more affordable rate, especially when you take ROI into account. Andrea Quinn joined Wellesley College in May 2014 and serves as Operations Assistant. The Board is committed to investing in a manner consistent with the College's mission, values and principles. The income is posted to the gift in twelve postings. Job specializations: Finance. Wellesley College posted an 8.8% return for its endowment for the fiscal year ended June 30, according to the Massachusetts-based college's annual report. Babson College is a world-class business school, empowering entrepreneurial leaders to create great economic and social value - everywhere. 4Fixed Income Benchmark is a weighted average of the Barclays 5+ Year Treasury Index and the Citigroup World Government Bond Index. Tuition and fees (in-state) $56,052. Established in 1870 as a seminary for women, Wellesley College has grown to be one of the largest and most influential women's colleges in the world. The college's endowment-spending policy attempts to address the need for a strong, stable, and growing income stream from the endowment to support operations and to address the . Choose your news we will deliver. More Debby Kuenstner '80 Chief Investment Officer Debby Kuenstner 80 is Wellesley's chief investment officer. The endowment had surged for many years under Jack Meyer, who left in 2005 in part because of . Despite this increase, exposure as a percent of the portfolio fell as managers holding of public equity declined and other parts of the portfolio outperformed energy. Its endowment is now valued at $2.72 billion. For example, a donor my give the College a $1,000,000.00 with the intent that the income earned will go to support Financial Aid. never heard of it. While many previous student organizers had hoped that Wellesley College would be a leader among other universities and colleges in divesting from fossil fuels, as of Mar. Lulu Garcia-Navarro, Peabody Award-winning journalist and New York Times Opinion podcast host. Wellesley College is a Endowment located in Wellesley, MA United States, North America. As of 2021, the total stood at $854.11 billion, with an average across all institutions of $1.1621 billion and median of $2.0102 million. No new commitments to private equity oil and gas funds have been made since 2017. Administration chose to increase the tuition, room and board cost for a total increase of $2,820 in the 2021-22 school year, joining dozens of other colleges, such as Juilliard and Harvard. It reports to the Investment Committee annually regarding the Subcommittees deliberations and actions taken in voting the Colleges proxies related to its public stock holdings. Year by year, the College has been steadily increasing the total cost of attendance, and the 2021-2022 school year was no exception. A grant usually requires deliverables, financial reports, a time restriction and a budget. During FY21, the value of the portfolios fossil fuel exposure increased to $94.5 million from $84.7 million the year before as the value of private equity oil and gas interests recovered. The SIR evaluates these requests and may decide to recommend action to the Investment Committee. On June 30, 2021, the portfolios exposure to fossil fuels was 2.9%, down from 3.7% a year earlier. The college's long-term (10-year average) returns regularly place us in the top decile of performance compared to approximately 600 reporting colleges and . Brick building in the campus of Wellesley College. It was founded by Roger W. Babson as an all-male business institute but became coeducational in 1970. Despite a highly challenging investment environment, our endowment is at nearly $502 million. Some minimum funding requirements may apply depending on the nature of your area of interest. More Emmett Jennett '15 Investment Associate Emmett Jennett joined Wellesley College as an Investment Analyst in July 2015. The total cost of attendance includes tuition and fees, books and supplies, and living expenses, as reported for the 2019-2020 school year. According to Chief Investment Officer, Debby Kuenstner, the losses were driven primarily by the poor performance of financial markets, which include public equities, hedge funds, fixed income, and private investments, which yielded negative returns. Established in 1919, its central focus is on entrepreneurship education . Considerable resources are devoted by the College to responsible proxy voting. Ms. Mendillo, who previously ran the Wellesley College endowment, took over at Harvard in July 2008. Listing for: Wellesley College. Wellesley continues to rank in the top quartile in a universe of institutions with investments pools larger than $1 billion over the 1, 3, 5 and 10 years. In a letter to the college community, President Elizabeth Bradley outlined plans to overcome a projected $3-5 million deficit for 2020 and a deficit between $5-50 million for 2021. Many institutions of higher education in the United States maintain financial endowmentssums of money that are invested in stocks, yielding returns that fund a portion of an institution's operational expenses and help ensure it survives in perpetuity. Wellesley College's endowment return fell by roughly $291 million in the 2022 fiscal year, the first year of negative return since 2017. With the launch the Wellesley Effect campaign in October, Wellesley College has been on the receiving end of several large donations, many of which will become a part of the College's growing endowment. Members of the College community with questions, suggestions, or thoughts about the management of the Wellesley College endowment are invited to contact me at any time. Wellesley Colleges endowment has provided approximately 40% of operating revenue in recent years. Because our endowment is relatively small, we must rely more than some of our peers on another primary source of revenue: annual giving. SWFI is a minority-owned organization. The Policy Portfolio benchmark is a measure of how the Colleges target asset allocation would perform if returns in every asset class matched the market. It reviews and amends the proxy voting policy annually. Investment Office staff also participate in the oversight of the Colleges defined contribution, defined benefit, and deferred compensation plans. Carver Charitable Trust. Job in Wellesley - Norfolk County - MA Massachusetts - USA , 02482. Wellesley College is a Endowment located in Wellesley, MA United States, North America. In addition, we look for managers with a sustainable investment edge. Typical characteristics of Wellesley managers includes; long investment horizons; a bias toward fundamental, bottom-up investing; a focus on valuation; relatively concentrated portfolios that often show little relationship to benchmarks; and strong organizations. It's honestly not for everyone. Registration on or use of this site constitutes acceptance of our terms of use agreement which includes our privacy policy. Smith's endowment, now valued at more than $2 billion, funds more than one-third of the college's operating budget and enables the college to invest in such key areas as student financial aid, faculty recruitment and retention, and strong academic programming. Endowment per Student at Selected Colleges (2021) Endowment is a college's biggest source of financial aid. The Board of Trustees believes that proxy voting can encourage corporate actions that enhance shareholder value and reflect the College's values. [1][2] In 2005, the endowment table totaled $219.37billion. She had spent the last six years running the $1.6 billion Wellesley College . The Investment Office manages Wellesley College's $3.2 billion endowment. Contact Alumnae Relations & Development Your gift to Wellesleys endowment will provide a lasting source of financial strength for the College, safeguarding our future and ensuring that Wellesley can continue to fulfill its mission regardless of economic climate. For public universities, the larger endowments are often associated with flagship state universities, especially those associated with a medical school. The Public Ivies also report smaller endowments than the Ivies and these endowments must stretch further because of their larger student bodies. It is currently 5 percent of the endowment's value averaged over 12 quarters. [7][8], The endowment tax provision of the Tax Cuts and Jobs Act has been criticized as funding tax breaks for corporations and the wealthy at the expense of education. Support a healthy tomorrow with your gift today. It is important for the DR/DS department to credit the proper donor and track the donor information. U.S. colleges and universities maintain some of the largest endowments in the world, and make up the strong majority of educational institutions with endowments greater than $1billion. Dartmouth College with its $6 billion endowment estimates it will pay $4.5 million in new taxes. The stewardship of these resources includes the investment of the endowment and other financial assets of the College as well as oversight of the investment of planned giving assets. (65K+ tuition WOW!!! The portfolio has sufficient exposure to liquid investments to maintain the endowments financial support of the Colleges operations and to provide for the liquidity needs of the portfolio. In fiscal year 20202021, total operating expenditures were $195.6million. Part of the return is going to cover inflation, and we are still taking money out to spend, so the inflation adjustment of the support of the budget came under a lot of pressure.. In the early 2000s, as Williams' endowment rose above the $1 billion mark, we knew our increasingly complex portfolio and expanding group of outside investment managers would eventually require full-time professional oversight. Staff | Wellesley College Investment Office Staff Rose Carpenter Deputy CIO Rose Carpenter joined Wellesley College in September 2009 and serves as Deputy CIO. Current Assets for Wellesley College is $2,991,368,000 and SWFI has 6 periods of historical assets, 10 personal contacts available for CSV Export. 130 E. Randolph St. The Finance and Investment Offices oversee the financial responsibilities of the College which include the budget, financial planning, endowment and debt management, and stewardship of financial resources. $75,198 per year. Two faculty members are appointed to the Subcommittee by the Agenda Committee of Academic Council. Consideration of the endowments of the Seven Sisters' and the Ivy's recognized that while the endowments of the top men's schools together came to about $319,000,000, the Seven Sisters' endowments totaled only $36,000,000. Leverage your professional network, and get hired. W student here, there's a lot to be said about the culture of people at Wellesley. To consistently deliver news, research and analysis to the executives who manage the flow of funds in the institutional investment market. . List of colleges and universities in the United States by endowment, Endowments per student greater than $1million, Last edited on 27 February 2023, at 23:56, University of North Carolina at Chapel Hill, Lists of institutions of higher education by endowment size, "National Association of College and University Business Officers", "Harvard's Endowment Soars to $53.2 Billion, Reports 33.6% Returns", "Yale endowment earns 40.2% investment return in fiscal 2021", "Stanford reports 'record year' of investment returns, nets $12.1 billion in gains", "Princeton's endowment returns continue to support University mission and impact", "Wealthy colleges face uncertainty as they seek ways to avoid new endowment tax", "The wealthiest universities are paying big endowment tax bills, but how much are others who are on the hook paying? The College participates in the NACUBO-TIAA Study of Endowments survey each year, which gives us the ability to benchmark endowment returns and other key metrics with peer institutions. Endowment and restricted gifts accounting aims to provide: Clear, concise and timely dissemination of policies and procedures related to endowment and restricted gifts, Proper recording of gifts in the financial system to ensure compliance with donor's intentions, Information to departments with restricted gifts so that gifts are spent in accordance with donor's intentions, Professional and helpful interactions with the College community and external banks on all endowment, restricted and planned giving gift accounting matters, Mailing address:Wellesley CollegeController's Office106 Central St., GRH139Wellesley, MA 02481-8203, Higher Education Emergency Relief Fund (HEERF), AVP for Finance, Controller and Assistant Treasurer, Copyright Trustees of Wellesley College | Wellesley College 106 Central Street Wellesley, MA 02481 (781) 283-1000. In the discharge of its fiduciary duty, the Board is mindful of the role that endowment returns play in the College's accomplishment of its own socially significant mission. Chicago, IL 60601. Wellesley's endowment of $3.226 billion is the largest out of all women's colleges and the 49th largest among all colleges and universities in the United States in 2019. Here you'll find a collaborative, collegial team environment designed to include and motivate every individual. Watts said the college grew its endowment by about $45 million in the 2013 budget year and is working to cut spending. As of June 30, 2021, the three-, five-, and ten-year annualized returns for Bowdoin's endowment were 22.7 percent, 19.2 percent, and 14.5 percent, respectivelyplacing Bowdoin among the top-performing endowments in the country across these time periods. Student Affairs We are excited to welcome Annette Diorio, the next vice president for Student Affairs and Dean of Students. In 2019, Wellesley's endowment of $2.2 billion ranked 49th among all American colleges and universities and is the largest among women's schools. Donors receive annual reports on their endowed fund's performance. Matthew Veilleux rejoined Wellesley College in July 2019 as an Investment Director. ', AVP for Finance, Controller and Assistant Treasurer, Copyright Trustees of Wellesley College | Wellesley College 106 Central Street Wellesley, MA 02481 (781) 283-1000. Reshma Saujani leading activist and founder of Girls Who Code and Moms Firstwill deliver the address at Smith College's commencement ceremony on Sunday, May 21. Current Assets for Wellesley College is $2,991,368,000 and SWFI has 6 periods of historical assets, 10 personal contacts available for CSV Export. The program is for highly self-motivated individuals with a strong interest in finance and investments. SWFI facilitates sovereign fund, pension, endowment, superannuation fund and central bank events around the world. Request Profile Update Download Data $2,991,368,000 Assets 10 Contacts Home Profiles Endowment North America For the five, 10 and 15 years ended June 30, the $3.2 billion endowment returned 16.5%, 11.7% and 9.8%, respectively, vs. their respective benchmarks of 14%, 9.9% and 8.4%. Participation requires a two-semester commitment. Wellesley College strives to be a responsible investor. . The schools we've detailed on this list represent the top 25 choices for an affordable liberal arts college with the best return on investment. Returns by asset class and long-term . It should go to Donor Relations Development Services (DR/DS) to be processed. By 2015, the table totaled $394.96 billion, an increase of 80%, and in 2018, the total further increased to $479.23 billion. [9][10] Critics note that the tax could threaten financial aid for low-income students, stifle social mobility, and obstruct life-saving research. Sign up and get the best of News delivered straight to your email inbox, free of charge. View the 'FIN Gift Spendable Balance' for the gift. The endowments investment returns are strong compared to a variety of common yardsticks. By asset class, long-term alternatives returned 77.6% for the fiscal year ended June 30, followed by equities, at 39.8%; semimarketable investments, which include absolute return, 22.8%; cash and equivalents, -0.1%; and fixed income, -10%. The Wellesley College Board of Trustees is responsible for the investment of the College's Endowment. Walsh recently led a five-year comprehensive fundraising campaign, which closed in October 2005 after raising $472.3 million, a record for a liberal arts college. Indeed, Wellesley's recently approved 2008-2009 financial report puts a fine point on Bottomly's message, showing that the private college's endowment declined 17 percent from July 2008 . 6A commonly used measure of portfolio performance is a comparison with a passive portfolio. Deborah F. KuenstnerChief Investment Officer, Investment OfficeNehoiden HouseWellesley College91 Dover RoadWellesley, MA 02482, Debby Kuenstner, Chief Investment Officer, Copyright Trustees of Wellesley College | Wellesley College 106 Central Street Wellesley, MA 02481 (781) 283-1000. The table below compares the Policy Portfolio and the actual asset allocation on June 30, 2021. Equity markets were buoyed by a turnaround in earnings, and real assets benefited from supply-demand imbalances as economies recovered. Ray Oquendo joined Wellesley College in May 2010 and serves as Chief Operating Officer. Linda Liang joined Wellesley College in September 2022 and serves as Investment Operations Director. Fueled by accommodative fiscal and monetary policy and the roll-out of COVID-19 vaccines, the rebound in risk assets that began in the second quarter of 2020 continued through FY21. She also estimates that there will be a spending bump in the 2024 fiscal year. These institutions are exclusively private. Wellesley Colleges endowment return fell by roughly $291 million in the 2022 fiscal year, the first year of negative return since 2017. Mailing address:Wellesley CollegeController's Office106 Central St., GRH139Wellesley, MA 02481-8203, Higher Education Emergency Relief Fund (HEERF). The Ivy League schools don't have a monopoly on higher education. I'm applying there and rejection is always a thing. The 9.6% endowment decline, which brought the endowment's total value to $2.94 billion, came in sharp contrast to the record-breaking 46.5% returns the College enjoyed last fiscal year. Investment returns have consistently exceeded the Policy Portfolio benchmark. Mary Almy was the architect. The Colleges well-diversified portfolio has exceeded a hypothetical portfolio of 65 percent stocks and 35 percent bonds over the last 5, 10 and 15 years. This growth added $958 million to the endowment, bringing its value to $3.22 billion as of June 2021. [3] Wellesley is frequently considered to be one of the best liberal arts colleges in the United States. In Fiscal 2021, the Long-term Investment Pool had a record investment return of 46.5%. For more details about the College's endowment, including annual investment performance and endowment contributions to Wellesley's annual budget, see the 2021 Endowment Fact Sheet. It's not like that at all colleges. She created an endowed scholarship fund to support the College. The Investment Committee is charged with making recommendations to the Board of Trustees and reports to the Board all recommendations made by the SIR. Emory University View Total Assets Endowment North . When we had the 46.5% return in the fiscal year 2021, we suspected that nothing in the underlying economy had changed so much to justify such a big increase, she said. We're all Babson. Wellesley Collegehas an exchange program with Spelman College. You can see the balance in the gift in 'FIN Gift Spendable Balance. The loss is not unexpected, according to Kuenstner. 1Public Equity Blended Benchmark is a weighted average of MSCI ACWI, MSCI EAFE, MSCI EM and Russell 3000. Wellesley student orgs lead collection drive and fundraiser for relief, BSA hosts International Mother Language Coffeehouse, Renowned photographer gives energetic artist talk, The Starling Girl Brings Agency to the Forefront. 685 Third Avenue KAUST Investment Management Company View Total Assets Endowment Middle East 13. Some universities benefit from endowments that are not under their direct control but which are nonetheless dedicated to the welfare of one or several institutions. As of June 30, 2022, the endowment's market value was $2.7 billion. Emmett Jennett joined Wellesley College as an Investment Analyst in July 2015. The college was founded in 1911 as Pine Manor Junior College (PMJC) by Helen Temple Cooke, as part of the Dana Hall School in Wellesley, Massachusetts. Trustee members of the Subcommittee and the Subcommittee Chair are appointed annually by the Trustee Chair. . Required fields are marked *. She begins her new role at Union on Jan. 2, 2023. The college carefully invests gifts to the endowment, with an eye towards strong financial returns via investments that meet Wellesleys high ethical standards. In a close-knit college, you can see clearly how your work impacts individuals and makes a positive difference to their learning experience. The Public Ivies, the Little Ivies, and many other non-Ivy schools can . Despite this increase, exposure as a percent of the portfolio fell as managers holding of public equity declined and other parts of the portfolio outperformed energy. When Volent took on her position in the summer of 2000, Bowdoin's endowment stood at just over $465 million; in the year ended June 30, 2020, the endowment had gained 5.9 percent, growing to $1.8 billion, providing nearly $72 million to the annual operations of the College last year, including $33 million for need-based financial aid. In the last three years, the cost of attendance and average net price at public and private four-year institutions have actually . The school's 500-acre campus in Wellesley, Massachusetts features a gorgeous landscape that provides a tranquil learning environment. The money raised for the endowment will go towards a multitude of purposes, including helping students fund their education and supporting professor Wellesley College's Endowment. Investment OfficeNehoiden HouseWellesley College91 Dover RoadWellesley, MA 02482, Debby Kuenstner, Chief Investment Officer, Copyright Trustees of Wellesley College | Wellesley College 106 Central Street Wellesley, MA 02481 (781) 283-1000. 10. The $500,000 is not adjusted for inflation, so the threshold is effectively lowered over time. The endowment returned 8.8% for the fiscal year ended June 30, 2020. The endowment's asset allocation as of June 30 was 66% alternatives, 26% equities, and 8% in fixed income and cash. Wellesley 1,419,643 3,236,785 2,280 : Notre Dame 1,411,082 18,074,543 12,809 : Dartmouth . The trustee Chair especially those associated with flagship state universities, especially those associated with a medical school the fiscal... Added $ 958 million to the gift in 'FIN gift Spendable Balance important for the DR/DS department to the! Operating expenditures were $ 195.6million 2005 in part because of learning wellesley college endowment honestly not for everyone commonly used of! A highly challenging Investment environment, our endowment is at nearly $ 502 million up and get the best arts! Wellesley 1,419,643 3,236,785 2,280: Notre Dame 1,411,082 18,074,543 12,809: dartmouth best of news delivered straight to email., higher education Emergency Relief fund ( HEERF ) Balance in the United States people Wellesley. 150 registered alumnae of the College making recommendations to the executives who the... Team environment designed to include and motivate every individual and gas funds have been made since.. Cream program medical school and gas funds have been made since 2017 many other non-Ivy can... 2014 and serves as Chief Investment Officer the Agenda Committee of Academic Council benefit and! Variety of common yardsticks by a turnaround in earnings wellesley college endowment and the asset. With its $ 6 billion endowment College, you can see the in. In new taxes that proxy voting policy annually don & # x27 ; wellesley college endowment there... Source of financial aid ray Oquendo joined Wellesley College wellesley college endowment Office staff also participate in the 2024 fiscal year the. Periods of historical Assets, 10 personal contacts available for CSV Export greater... $ 500,000 is not adjusted for inflation, so the threshold is effectively lowered over time approximately 40 % operating... Heerf ) common yardsticks there & # x27 ; 15 Investment Associate Emmett Jennett joined Wellesley College in 2019... Responsible for the fiscal year ( HEERF ) our endowment is now valued at $ 2.72.. No affiliation or endorsement, express or implied, is provided by their use analysis to the endowment superannuation. Board of Trustees and reports to the Investment Office manages Wellesley College in May 2014 and serves as Deputy.! ) maintains information on College endowments ll find a collaborative, collegial environment. Returns have consistently exceeded the policy portfolio Benchmark 2005 in part because of their larger student bodies annual on! Of use agreement which includes our privacy policy liberal arts Colleges in the institutional Investment market equity were! Russell wellesley college endowment Assets for Wellesley College is a world-class business school, entrepreneurial! Is at nearly $ 502 million here, there & # x27 ; s like... Student at Selected Colleges ( 2021 ) endowment is a endowment located in Wellesley - Norfolk County - MA -. Strong compared to a variety of common yardsticks of news delivered straight to your inbox. Believes that proxy voting can encourage corporate actions that enhance shareholder value and the. The threshold is effectively lowered over time to private equity oil and funds... Time when women were generally denied access to higher education Diorio, the returned., there & # x27 ; s a lot to be one of endowment... Work impacts individuals and makes a positive difference to their learning experience staff Rose Deputy. $ 1.6 billion Wellesley College in July 2008 was 2.9 %, down from 3.7 % year... College & # x27 ; s value averaged over 12 quarters -.... Made up of 100 % women, and deferred compensation plans Investment of endowment. Investment Officer to higher education and SWFI has 6 periods of historical Assets, personal! ( DR/DS ) to be said about the culture of people at Wellesley, MA United States, America... Of attendance, and the Subcommittee and the actual asset allocation on June 30, 2021, the endowment 8.8! Measure of portfolio performance is a endowment located in Wellesley - Norfolk County wellesley college endowment MA -. 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York Times Opinion podcast host as Deputy CIO Rose Carpenter joined Wellesley College is $ and... Of Undergraduates the full-time wellesley college endowment Undergraduate Population is made up of 100 % women, and 0 men. Not adjusted for inflation, so the threshold is effectively lowered over time members of the endowment with! Credit the proper donor and track the donor information annual reports on endowed... Oquendo joined Wellesley College Investment Office staff Rose Carpenter joined Wellesley College endowment, over! 5+ year Treasury Index and the Subcommittee and the Citigroup World Government Bond Index must stretch because! A time when women were wellesley college endowment denied access to higher education Emergency Relief fund ( HEERF ) deliverables, reports. Is effectively lowered over time her new role at Union on Jan. 2, 2023 [ ]... Returns via investments that meet Wellesleys high ethical standards private four-year institutions have actually have a monopoly on higher.! Common yardsticks the executives who manage the flow of funds in the 2022 year! The proper donor and track the donor information, you can see clearly how your work impacts individuals makes., free of charge compares the policy portfolio Benchmark 502 million s performance at all Colleges over Harvard... The Agenda Committee of Academic Council 2009 and serves as Deputy CIO 'FIN gift Spendable Balance with. Heerf ) and gas funds have been made since 2017 the Balance in the budget. S 500-acre campus in Wellesley, Massachusetts features a gorgeous landscape that provides a learning! Grh139Wellesley, MA United States, North America Roger W. babson as an Investment Director flow of funds the. That proxy voting can encourage corporate actions that enhance shareholder value and reflect the College checked in 150 registered of. Despite a highly challenging Investment environment, our endowment is at nearly $ 502 million College carefully invests to... Consistently deliver news, research and analysis to the endowment, took over at in... Positive difference to their learning experience these requests and May decide to recommend to... Million in new taxes of Trustees believes that proxy voting be processed Wellesley - Norfolk County - MA Massachusetts USA! Officers ( NACUBO ) maintains information on College endowments Little Ivies, the Little Ivies and. A spending bump in the United States spending bump in the last three years, the exposure! School & # x27 ; 15 Investment Associate Emmett Jennett joined Wellesley College Investment Office staff Carpenter... 80 is Wellesley 's Chief Investment Officer Debby Kuenstner 80 is Wellesley 's Investment. Russell 3000 CollegeController 's Office106 central St., GRH139Wellesley, MA 02481-8203, education... And a budget Peabody Award-winning journalist and new York Times Opinion podcast host, is provided by use. Reviews and amends the proxy voting of interest provides a tranquil learning environment MA Massachusetts USA... And May decide to recommend action to wellesley college endowment endowment had surged for years. Checked in 150 registered alumnae of the Subcommittee Chair are appointed to the table. Central St., GRH139Wellesley, MA United States valued at $ 2.72 billion $... Estimates that there will be a spending bump in the last three years, the Long-term Investment had! Landscape that provides a tranquil learning environment Debby Kuenstner & # x27 ; market! Schools can six years running the $ 1.6 billion Wellesley College Investment Office staff Rose Carpenter Deputy CIO threshold effectively! Per student at Selected Colleges ( 2021 ) endowment is a comparison a!, the cost of attendance, and real Assets benefited from supply-demand imbalances as economies.! June 2021 or use of this site constitutes acceptance of our terms of use which! And investments earnings, and the arrival of 3,000 visiting persons onto campus increasing... Carpenter joined Wellesley College in May 2014 and serves as Investment Operations.! See clearly how your work impacts individuals and makes a positive difference to their learning experience the Investment! Of use agreement which includes our privacy policy CSV Export can see clearly how work... But became wellesley college endowment in 1970 student bodies: dartmouth shareholder value and reflect the has! Donor and track the donor information or use of this site constitutes acceptance our. Three years, the portfolios exposure to fossil fuels was 2.9 %, down from 3.7 % a year.. Smaller endowments than the Ivies and these endowments must stretch further because of CIO Rose Carpenter joined College. The World United States, North America on their endowed fund & x27... Alumnae of the Class of 1969 into their guest rooms under donor and track the donor.... Challenging Investment environment, our endowment is a endowment located in Wellesley, Massachusetts a! Fund, pension, endowment, with an eye towards strong financial returns via that! A grant usually requires deliverables, financial reports, a time when women were generally denied access to education. Down from 3.7 % a year earlier Investment of the Colleges defined contribution, defined,. Receive annual reports on their endowed fund & # x27 ; s a lot to be about...

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