Editor’s note 11/18/22 at 5:53 p.m. EDT: A previous version of this article mistakenly stated that this event was hosted solely by the Polar Investment Club. The article has been updated to reflect the two groups who hosted the event. …
The College reported an endowment return of negative 7.1 percent for the 2021-2022 fiscal year, which ended on June 30. The negative return follows record-setting growth last year, when the College reported …
This week, the College released its annual endowment report for the 2020-21 fiscal year that ended on June 30, reporting a return of 57.4 percent. The endowment is currently worth $2.72 billion, its highest-ever valuation.
Correction 2/12/2021 2:00 p.m.: An earlier version misstated the year Senior Vice President and Dean of Admissions and Financial Aid Whitney Soule was promoted to Dean of Admissions and Financial Aid in 2008, but Soule was promoted in 2016.
The College is adding a seventh designation to the Alumni Fund called Diversity, Equity and Inclusion (DEI). In conjunction with this expansion, an anonymous alumni donor will donate an additional $100 to the DEI designation for every donation given to …
As the coronavirus pandemic continues to roil global financial markets, colleges and universities around the United States are entering uncharted economic waters.
In Brunswick, Bowdoin is battening down the hatches.
The 2018-19 fiscal year marks the first time that colleges will be subject to a tax on endowment returns as a result of a provision in the 2017 Tax Cuts and Jobs Act.
The College announced on Friday that the endowment generated an investment return of 12.4 percent for the fiscal year that ended June 30, 2017. The endowment had a market value of $1.46 billion on June 30, up from $1.34 billion …