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Posts Tagged with "endowment"
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Bad News Bears

More bad news regarding endowments, this time that of Barnard. In an email sent to alumnae, President D.Spar announced that the school’s endowment, which was around $200 million when she assumed the presidency, will be just $150 million at the end of the year. Both numbers, she admitted, are small compared to those of peer […]

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PrezBo had already “conceded that the endowment was down” at his last fireside chat, but now Bwog has some information on the scale of the damage: At the University Senate’s monthly plenary on Friday, PrezBo told the Senate that, over the fiscal year, Columbia’s endowment has lost “about the same” percentage as Harvard’s, which lost […]

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Harvard Loses Things

While the value of Columbia’s endowment rose a relatively measly 2% last fiscal year, our friends in Cambridge saw their endowment grow 8.6%. But the tables are turning. Between June 1 and October 31, the WSJ estimates, Harvard lost about $8 billion — that’s 22% — of its endowment. Well, yikes. No word yet on […]

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Media mogul John Kluge (who you may remember gave CC a ridiculous amount of money) has announced that he will subsidize yet another of Columbia’s fine institutions–the Journalism School.  A paltry $20 million of his 400 mil gift to the university will go to finishing the J-school’s $100 million Second Century campaign.  The money also […]

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Jackpot!

Leonard and Louise Riggo has given $5 million to the Department of Art History and Archaeology. $3 million will establish two professors in the department, one in African Art, and the other of the department’s choice. The rest is divided evenly between undergrads and grads for internships, thesis research, traveling expenses, and etc. Leonard is […]

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A sharp-eyed tipster wrote in to let us know that the Columbia home page just gained a button, right below the events calendar: “Giving to Columbia.” It’s a snazzy site–Provost Brinkley, whose homepage doesn’t seem to have been updated much in 11 years, would be jealous. It may even be better than those of Brown […]

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According to the New York Times, PrezBo & Co. have kicked off a drive to raise $4 billion in seven years. That’ll buy a whole lot of fruit and cheese platters, fo sho. And everyone’s favorite cosmonerd Prof. David Helfand gets some airtime defending the administration. Word up! Meanwhile, over in the Magazine section, we […]

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