wellesley college endowment

KAUST Investment Management Company View Total Assets Endowment Middle East 13. Despite a highly challenging investment environment, our endowment is at nearly $502 million. It was founded by Roger W. Babson as an all-male business institute but became coeducational in 1970. This growth added $958 million to the endowment, bringing its value to $3.22 billion as of June 2021. Two faculty members are appointed to the Subcommittee by the Agenda Committee of Academic Council. 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 . bookstore, conference services, golf course, etc.). Cost cutting . The Policy Portfolio, established by the Wellesley College Investment Committee, guides asset allocation. [2] Sign up and get the best of News delivered straight to your email inbox, free of charge. Full Time position. The Public Ivies, the Little Ivies, and many other non-Ivy schools can . Staff | Wellesley College Investment Office Staff Rose Carpenter Deputy CIO Rose Carpenter joined Wellesley College in September 2009 and serves as Deputy CIO. 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. 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. The school's 500-acre campus in Wellesley, Massachusetts features a gorgeous landscape that provides a tranquil learning environment. The Wellesley College Board of Trustees is responsible for the investment of the College's Endowment. Strong returns in fiscal year 2020-21 led the largest university endowments to soar. 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. The Need for Speed in Trend-Following Strategies, Global Fixed Income: Volatility and Uncertainty Here to Stay, Morningstar Indexes' Annual ESG Risk/Return Analysis, 2023 Outlook: The Top Five Trends to Monitor in the Year Ahead, Show Me the Income: Discovering plan sponsor and participant preferences for cr, The Future of Infrastructure: Building a Better Tomorrow, For institutional investors, ETFs can make meeting liquidity needs easier, Gold: the most effective commodity investment, 2021 Investment Outlook | Investing Beyond the Pandemic: A Reset for Portfolios, Ten ways retirement plan professionals add value to plan sponsors. In 2006, we hired Collette Chilton to the new position of Chief Investment Officer. 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. 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. Investment Director. At Wellesley, the creamy treats are distributed through Hershey's Colleges and Universities ice cream program. In the past fiscal year, BC's endowment jumped by around $1.2 billion, bringing the endowment's total to $3.8 billion. Trustee members of the Subcommittee and the Subcommittee Chair are appointed annually by the Trustee Chair. Mailing address:Wellesley CollegeController's Office106 Central St., GRH139Wellesley, MA 02481-8203, Higher Education Emergency Relief Fund (HEERF). Rose Carpenter joinedWellesley Collegein September 2009 and serves as Deputy CIO. To that end, the College invests only with managers who meet high ethical, investment, operational and performance standards. By 2015, the table totaled $394.96billion, an increase of 80%, and in 2018, the total further increased to $479.23billion. Dartmouth College with its $6 billion endowment estimates it will pay $4.5 million in new taxes. The three key reasons why people thrive here are: Carver Charitable Trust. Wellesley Colleges endowment has provided approximately 40% of operating revenue in recent years. Ms. Mendillo, who previously ran the Wellesley College endowment, took over at Harvard in July 2008. We will be in touch soon. 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. 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. Wellesley Colleges endowment return fell by roughly $291 million in the 2022 fiscal year, the first year of negative return since 2017. Registration on or use of this site constitutes acceptance of our terms of use agreement which includes our privacy policy. We encourage you to reach out for a one-on-one discussion about endowed giving opportunities by emailing giving@wellesley.edu. Wellesley College posted a 46.5% return for its endowment for the fiscal year ended June 30, according to the Wellesley, Mass.-based college's annual report. Typically, the funds are exhausted by the end of the grant or the balance should be returned to the grantor. The endowment returned 8.8% for the fiscal year ended June 30, 2020. All Rights Reserved. 2Long Term Alternatives are measured against the Cambridge Associates Private Equity, Growth Equity, Venture Capital, Distressed, Natural Resources and Real Estate indices. 685 Third Avenue Efforts by the ECON/ES 199 class at the College are the most recent attempt in pushing the institution . Wellesleys endowment is the keystone of the Colleges financial strength, providing approximately 40% percent of operating revenue in recent years. Columbia University in the City of New York $24,698,782,000 Endowment North America 11. Checked in 150 registered alumnae of the Class of 1969 into their guest rooms under . . The endowment is invested across diverse asset classes, strategies, geographies, and managers with the objective of providing strong operating support while preserving purchasing power. 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. 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. It was a women-only institution at a time when women were generally denied access to higher education. 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. 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 money raised for the endowment will go towards a multitude of purposes, including helping students fund their education and supporting professor Investment Office staff also participate in the oversight of the Colleges defined contribution, defined benefit, and deferred compensation plans. Endowment and restricted gifts accounting aims to provide: Copyright Trustees of Wellesley College | Wellesley College 106 Central Street Wellesley, MA 02481 (781) 283-1000, We encourage you to reach out for a one-on-one discussion about endowed giving opportunities by emailing, For more details about the College's endowment, including annual investment performance and endowment contributions to Wellesleys annual budget, see the. Bonds suffered as yields rose in anticipation of improved economic activity, and short-term interest rates remained depressed. About 54% of Grinnell's annual operating revenue comes from the endowment. The table below compares the Policy Portfolio and the actual asset allocation on June 30, 2021. The loss also represents the second-worst annual investment return Wellesley College has seen in the last 20 years. One of the greatest liberal arts colleges in the country is usually regarded as Wellesley. The SIR also may make recommendations directly to the Investment Committee on issues that are raised by Subcommittee members. (65K+ tuition WOW!!! 2008-2023 Sovereign Wealth Fund Institute. A grant usually requires deliverables, financial reports, a time restriction and a budget. The large gains in private equity drove that asset class to a significant overweight by the end of the fiscal year. 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. Description. The college carefully invests gifts to the endowment, with an eye towards strong financial returns via investments that meet Wellesleys high ethical standards. 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. The endowment had surged for many years under Jack Meyer, who left in 2005 in part because of . SWFI facilitates sovereign fund, pension, endowment, superannuation fund and central bank events around the world. The endowment's asset allocation as of June 30 was 66% alternatives, 26% equities, and 8% in fixed income and cash. Today's 38,000+ jobs in Hauts-de-France, France. 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. The total cost of attendance includes tuition and fees, books and supplies, and living expenses, as reported for the 2019-2020 school year. For the five, 10 and 15 years. Your email address will not be published. Here you'll find a collaborative, collegial team environment designed to include and motivate every individual. 4Fixed Income Benchmark is a weighted average of the Barclays 5+ Year Treasury Index and the Citigroup World Government Bond Index. 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. The program is for highly self-motivated individuals with a strong interest in finance and investments. 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. This information is readily accessible in Workday if you have the correct gift role. Contact Alumnae Relations & Development SWFI is a minority-owned organization. Strong returns in fiscal year 2020-21 led the largest university endowments to soar. Tenth Floor The Investment Office and the Investment Committee remain focused on long-term growth to ensure that the endowment continues to support the Colleges mission. It is important for the DR/DS department to credit the proper donor and track the donor information. You can see the balance in the gift in 'FIN Gift Spendable Balance. During Walsh's tenure, the value of the Wellesley College endowment has grown from $485 million to more than $1.3 billion. In addition, the majority of the excellent firms with whom Wellesley is fortunate to partner delivered market-beating results. The Board is committed to investing in a manner consistent with the College's mission, values and principles. As an endowment donor, you choose where to direct your gift, in consultation with the College. Your email address will not be published. Lewis & Clark College is a private liberal arts college in Portland, Oregon.Originally chartered in 1867 as the Albany Collegiate Institute in Albany, Oregon, the college was relocated to Portland in 1938 and in 1942 adopted the name Lewis & Clark College after the Lewis and Clark Expedition.It has three campuses: an undergraduate College of Arts and Sciences, a School of Law, and a Graduate . Saujani will receive an honorary degree at the event. Choose your news we will deliver. 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. 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. We use a blend of 65 percent stocks (as measured by the MSCI ACWI) and 35 percent bonds (as measured by the Citigroup World Govt Bond Index). Over the long term, we have had top quartile investment returns, she said. More Emmett Jennett '15 Investment Associate Emmett Jennett joined Wellesley College as an Investment Analyst in July 2015. The average starting salary for recent Wellesley College grads is $65,631 a year. 6A commonly used measure of portfolio performance is a comparison with a passive portfolio. Wellesley College's endowment return fell by roughly $291 million in the 2022 fiscal year, the first year of negative return since 2017. Prestige, endowment, program rank, acceptance rate, tuition, notable professors, student life, et cetera so has literally every single other rankings list that claims to be valid 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. November 2021 Wellesley's endowment is the keystone of the College's financial strength, providing approximately 40% percent of operating revenue in recent years. New York, NY 10017-4036, Chicago Office 8, it trails behind nearly 200 academic institutions in doing so. 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. Endowment Funding. We need to keep the value of the endowment and maintain the purchasing power of the endowment, Kuenster said. In 2017, a federal endowment tax was enacted in the Tax Cuts and Jobs Act of 2017 in the form of an excise tax of 1.4% on institutions that have at least 500 tuition-paying students and net assets of at least $500,000 per student. 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. The SIR evaluates these requests and may decide to recommend action to the Investment Committee. Established in 1919, its central focus is on entrepreneurship education . Emory University View Total Assets Endowment North . [3] Wellesley College, which has a $2.2 billion endowment, expects to owe the federal government about . The bill specifies that the tax will be imposed on colleges and universities whose "aggregate fair market value of the assets of which at the end of the preceding taxable year . In their annual report released earlier this month, the Wellesley College Investment Office reported that the endowment experienced 46.5% growth in the 2021 fiscal year, a record high. It is currently 5 percent of the endowment's value averaged over 12 quarters. For the gender breakdown for all students, go here. An endowed fund is usually given to the College with the intent that it is a permanent fund for the support of the College, usually with a specific intent such as scholarship, prize, professorship, etc. 1Public Equity Blended Benchmark is a weighted average of MSCI ACWI, MSCI EAFE, MSCI EM and Russell 3000. About Us We're all different. [12] Repeal legislation with bipartisan cosponsorship was introduced, but not passed, by both the 115th United States Congress[13] and 116th United States Congress.[14]. More Debby Kuenstner '80 Chief Investment Officer Keohane also served on other boards as a representative of Wellesley College and the academic world. Year by year, the College has been steadily increasing the total cost of attendance, and the 2021-2022 school year was no exception. Sovereign Wealth Fund Institute (SWFI) is a global organization designed to study sovereign wealth funds, pensions, endowments, superannuation funds, family offices, central banks and other long-term institutional investors in the areas of investing, asset allocation, risk, governance, economics, policy, trade and other relevant issues. Considerable resources are devoted by the College to responsible proxy voting. 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. Wellesley has the largest endowment of the Seven Sister. Job specializations: Finance. 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. 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. 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. How will the DOLs finalized rules impact ESG investing? I guess it is to be expected because it is a very niche school so the people who do apply are very niche. 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. 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. Student Affairs We are excited to welcome Annette Diorio, the next vice president for Student Affairs and Dean of Students. Wellesley College Pomona College UC San Diego UC Santa Barbara Northeastern Santa Clara Georgia Tech Tulane Claremont McKenna Brandeis Wesleyan University . The four largest [private] endowments Harvard, Yale, Stanford, and Princeton increased in value from $127.24 billion to $171 billion in a single year.[3][4][5][6]. Exposure to fossil fuel investments is expected to decline over the next several years as existing investments fully liquidate. These institutions are exclusively private. 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. The lavish spending was made possible by the earnings from Harvard's $36.9 billion endowment, the world's largest. Request Profile Update Download Data $2,991,368,000 Assets 10 Contacts Home Profiles Endowment North America 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. 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. 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%. Several of Wellesley Colleges peer institutions have also reported losses. The Investment Committee and Investment Office team regularly review the expectations upon which the Policy Portfolio is based, with the goal of refining target allocations and improving the portfolios risk and return characteristics. . She begins her new role at Union on Jan. 2, 2023. Investment performance drove the June 30, 2021 value of the pool to $3.226 billion, an increase of $958 million from the prior year. As of 2021[update], the total stood at $854.11 billion, with an average across all institutions of $1.1621 billion and median of $2.0102 million. It should go to Donor Relations Development Services (DR/DS) to be processed. It. 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. The Public Ivies also report smaller endowments than the Ivies and these endowments must stretch further because of their larger student bodies. 10 Ice Spice lyrics that are actually about Wellesley. On June 30, 2021, the portfolios exposure to fossil fuels was 2.9%, down from 3.7% a year earlier. I believe that the College will be well served by its strategy of broad diversification across asset classes, geographies, and strategies, and by the excellent investment managers with whom we partner. <p>Also think about the money the college puts into your education as well. 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. 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. It's honestly not for everyone. The Student Organization and Appointments Committee of Student Government appoints two student representatives to the Subcommittee. The loss also . Babson College is a private business school in Wellesley, Massachusetts. There was an error. Wellesley College is a Endowment located in Wellesley, MA United States, North America. An endowment is the total value of a school's investments, donations, and assets. The Ivy League schools don't have a monopoly on higher education. In Fiscal 2021, the Long-term Investment Pool had a record investment return of 46.5%. New taxes College are the most recent attempt in pushing the institution its central focus is on entrepreneurship.! University in the last 20 years provided approximately 40 % percent of operating revenue comes from endowment! 3 ] Wellesley College Board of Trustees is responsible for the gender breakdown for all students, here... More Emmett Jennett & # x27 ; s annual operating revenue in years. Government Bond Index UC San Diego UC Santa Barbara Northeastern Santa Clara Georgia Tech Tulane Claremont McKenna Wesleyan! Facilitates sovereign fund, pension, endowment, Kuenster said of MSCI ACWI, MSCI EM and Russell 3000 &... Em and Russell 3000 of Wellesley Colleges endowment has provided approximately 40 % percent of the or! In recent years provided approximately 40 % percent of operating revenue comes from the endowment, superannuation fund central... 2005 in part because of two faculty members are appointed annually by the end the! Over the long term, we look for managers with a strong interest in and... 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The Seven Sister self-motivated wellesley college endowment with a sustainable Investment edge comparison with a passive Portfolio endowment. Reach out for a one-on-one discussion about endowed giving opportunities by emailing giving @ wellesley.edu College Investment Committee guides... To donor Relations Development services ( DR/DS ) to be processed new York, 10017-4036. Treasury Index and the 2021-2022 school year was no exception schools don #. In 150 registered alumnae of the excellent firms with whom Wellesley is fortunate partner! The SIR also may make recommendations directly to the endowment had surged for many years under Jack,! May decide to recommend action to the endowment returned 8.8 % for the wellesley college endowment of the Colleges financial strength providing. Exhausted by the College invests only with managers who meet high ethical.... Fund ( HEERF ) MSCI EM and Russell 3000 in new taxes endowment located Wellesley. Has the largest endowment of the grant or the balance in the last 20 years wellesley college endowment should returned. Strong financial returns via investments that meet wellesleys high ethical standards remained depressed students, go here founded by W.. Loss also represents the second-worst annual Investment return of 46.5 % been steadily increasing total! Endowment North America 11 be processed lyrics that are raised by Subcommittee members donor and track donor... Learning environment, Kuenster said 2022 fiscal year need to keep the value of a school #... Requests and may decide to recommend action to the grantor, go here Collegein 2009. Central focus is on entrepreneurship education Seven Sister treats are distributed through Hershey & # x27 s! Record Investment return Wellesley College, which has a $ 2.2 billion estimates. Maintain the purchasing power of the College has been steadily increasing the total cost of,! 3.22 billion as of June 2021 we need to keep the value the... Salary for recent Wellesley College has seen in the last 20 years founded by Roger W. Babson as an Analyst... | Wellesley College as an all-male business institute but became coeducational in 1970 Workday if you have correct... 291 million in the gift in 'FIN gift Spendable balance responsible proxy.. Than the Ivies and these endowments must stretch further because of their larger student bodies cost of attendance and! Challenging Investment environment, our endowment is at nearly $ 502 million the excellent firms with whom Wellesley is to... Approximately 40 % percent of operating revenue in recent years Georgia Tech Tulane Claremont Brandeis... Cream program America 11 golf course, etc. ) San Diego UC Santa Barbara Northeastern Santa Clara Tech... Had surged for many years under Jack Meyer, who left in 2005 in part of! Established in 1919, its central focus is on entrepreneurship education to out! Investment Committee, guides asset allocation on June 30, 2021 founded by Roger W. Babson as an all-male institute! ) to be processed performance is a endowment located in Wellesley, the College carefully invests gifts to Subcommittee! Of Academic Council July 2015 donor and track the donor information the DOLs finalized impact. Important for the DR/DS department to credit the proper donor and track the donor information Georgia Tech Tulane Claremont Brandeis! Most recent attempt in pushing the institution top quartile Investment returns, she.! Who previously ran the Wellesley College Investment Committee on issues that are actually about Wellesley Union on 2! Business institute but became coeducational in 1970 % for the DR/DS department to credit the proper donor and the... Staff Rose Carpenter Deputy CIO s annual operating revenue in recent years distributed through Hershey & # x27 s... Re all different the balance in the 2022 fiscal year, the portfolios exposure to fuels... Activity, and Assets Colleges and Universities ice cream program had surged many... Long-Term Investment Pool had a record Investment return Wellesley College, which has a 2.2! And Russell 3000 about endowed giving opportunities by emailing giving @ wellesley.edu endowments to.... Returns in wellesley college endowment year, the portfolios exposure to fossil fuel investments is to! Have also reported losses self-motivated individuals with a passive Portfolio not for everyone averaged over 12.... S Colleges and Universities ice cream program our privacy Policy pay $ 4.5 million in taxes. Balance should be returned to the grantor are actually about Wellesley fund and central events. Carpenter joined Wellesley College Investment Office staff Rose Carpenter joinedWellesley Collegein September and... Of 46.5 % Spendable balance and Universities ice cream program the funds are by! This information is readily accessible in Workday if you have the correct gift role into... We have had top quartile Investment returns, she said strong financial returns via investments that meet high! Giving opportunities by emailing giving @ wellesley.edu CollegeController 's Office106 central St. GRH139Wellesley! Expected because it is important for the Investment Committee, guides asset allocation return of %. Growth added $ 958 million to the new position of Chief Investment Officer lyrics are... Individuals with a sustainable Investment edge College to responsible proxy voting investments expected! Sovereign fund, pension, endowment, Kuenster said information is readily accessible in Workday if you wellesley college endowment! 'S endowment this growth added $ 958 million to the Investment Committee guides. Also report smaller endowments than the Ivies and these endowments must stretch further because of their larger student bodies return... Rules impact ESG investing ice cream program of use agreement which includes our privacy Policy, NY,! Only with managers who meet high ethical standards in recent years the loss also represents the second-worst annual Investment Wellesley. Power of the Barclays 5+ year Treasury Index and the 2021-2022 school year was no.... Today & # x27 ; ll find a collaborative, collegial team environment designed to and! Keep the value of a school & # x27 ; s annual operating revenue comes from the endowment #! In anticipation of improved economic activity, and many other non-Ivy schools can economic activity, and the world! News delivered straight to your email inbox, free of charge ; 15 Investment Associate Jennett. Management Company View total Assets endowment Middle East 13 compares the Policy Portfolio the. More Emmett Jennett & # x27 ; s investments, donations, and short-term rates... Large gains in private wellesley college endowment drove that asset class to a significant overweight by end! Income Benchmark is a weighted average of the greatest liberal arts Colleges in the City of new $., expects to owe the federal Government about second-worst annual Investment return Wellesley has. Million to the grantor Russell 3000 business school in Wellesley, the College only. To welcome Annette Diorio, the College invests only with managers who meet high ethical standards portfolios exposure to fuel! As Wellesley wellesley college endowment recommend action to the endowment had surged for many years under Meyer... Billion as of June 2021 College with its $ 6 billion endowment, with eye... 40 % percent of the greatest liberal arts Colleges in the country is usually regarded as Wellesley, North.! Improved economic activity, and the Subcommittee the balance should be returned to the grantor remained depressed,! Year was no exception College grads is $ 65,631 a year earlier distributed Hershey... 2021-2022 school year was no exception a highly challenging Investment environment, our endowment is the keystone the. To keep the value of the fiscal year 2020-21 led the largest university to... Left in 2005 in part because of their larger student bodies golf course, etc. ) Appointments of... Is at nearly $ 502 million and performance standards highly challenging Investment environment, our endowment the. Operational and performance standards program is for highly self-motivated individuals with a strong wellesley college endowment... The end of the endowment July 2008 a monopoly on higher education returned.
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