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Endowment

Coronavirus

College braces for “significant economic impact” of coronavirus crisis

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. “It is really too soon to know how severe the impact will be or how this compares with economic challenges of the past, but there is no question that this is a very difficult environment for investments,” wrote Matt Orlando, the senior vice president for finance and administration and treasurer of the College, in an email to the Orient.

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Endowment

Endowment returns 12.4 percent

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 at the close of FY 2016.

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