CornellSun.com Topic

Endowment

Cornell Sees Second Lowest Endowment Returns Among Ivy Schools

Akane Otani  —  Nov 9, 2012

After seeing two consecutive years of double-digit growth, Cornell’s endowment return took a nosedive in the 2011-12 fiscal year, just breaking even with a 0.14 percent gain, the University reported Wednesday.

Despite Report, Cornell Is Not on ‘Financially Unsustainable’ Path, Vice President of Finance Says

Akane Otani  —  Oct 5, 2012

Disagreeing with a study that asserted that Cornell, along with other top institutions, is on a “financially unsustainable path,” a University administrator said that Cornell is a stronger institution now than it was before the recession four years ago.

Bill Maher ’78 on Donating to Alma Mater: Cornell Has "Plenty" of Money

David Marten  —  May 2, 2012

Never one to shy away from criticizing his former home of four years, comedian Bill Maher ‘78 said on Friday’s episode of his talk show, “Real Time with Bill Maher,” that he has never donated to Cornell, saying that the University has enough money already

University Makes Strides In Tackling Deficit

Andrew Hu  —  May 1, 2012

Three years ago, the University forecasted a budget deficit of about $122 million, but Day Hall administrators now say they look forward to closing that gap almost completely by the end of Fiscal Year 2012 on June 30 — one year ahead of schedule.

Despite Market, Endowment Stays Steady

Juan Forrer  —  Oct 5, 2011

Cornell’s endowment remained flat in the first quarter of the 2011-2012 fiscal year, which ended Sept. 30, despite significant declines in the stock market over the same period. At the same time, the University announced it would refinance its debt to mitigate concerns about the market’s volatility.

After CIO’s Abrupt Exit, Another Investment Officer Resigns

Juan Forrer  —  Jun 20, 2011

Cornell’s Senior Investment Officer John Regan announced his resignation earlier this month, fewer than two months after Chief Investment Officer Michael Abbott abruptly left the University for reasons that remain unclear.

Endowment Climbs 19.3 Percent to $5.28 Billion

Max Schindler  —  May 5, 2011

The University announced Wednesday that its endowment climbed 19.3 percent in fiscal year 2011 as of April 30, its second consecutive annual gain.

Chief Investment Officer Abruptly Steps Down

Michael Linhorst  —  May 2, 2011

Michael Abbott, Cornell’s chief investment officer, stepped down on Sunday. The reasons for his departure remain unclear.

New CALS Professorship Created in Cattle Genetics

Colin Raymond  —  Mar 8, 2011

The College of Agriculture and Life Sciences will begin a search for a new professor in dairy cattle genetics.

That Dog You Ate Outside Jason’s Ain’t Be the Only Thing That’s Hot

Sep 3, 2010

 

H&V valiantly returns with riffs on heat, hot dogs and all other sorts of wieners.

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