(65K+ tuition WOW!!! Wellesley Collegehas an exchange program with Spelman College. Bonds suffered as yields rose in anticipation of improved economic activity, and short-term interest rates remained depressed. Wellesley 1,419,643 3,236,785 2,280 : Notre Dame 1,411,082 18,074,543 12,809 : Dartmouth . Bowdoin College reported a 57.4 percent return during fiscal 2021, which ended June 30. Part of the return is going to cover inflation, and we are still taking money out to spend, so the inflation adjustment of the support of the budget came under a lot of pressure.. The three key reasons why people thrive here are: We're all Babson. never heard of it. It's always an opportunity to develop your skills and to help somebody else achieve their entrepreneurial ambitions. 10. Errors are noted below: Thanks for reaching out. The loss also represents the second-worst annual investment return Wellesley College has seen in the last 20 years. The College Scorecard of the U.S. Department of Education says undergraduate "salary after completing" ranges between $25,000 and $45,000 a year, the former figure lower than what a full-time. On U.S. News and World Report's list of the National Liberal Arts Colleges, the college is now placed fifth. The stewardship of these resources includes the investment of the endowment and other financial assets of the College as well as oversight of the investment of planned giving assets. Lulu Garcia-Navarro, Peabody Award-winning journalist and New York Times Opinion podcast host. Wellesley College, which has a $2.2 billion endowment, expects to owe the federal government about . The Wellesley College Board of Trustees is responsible for the investment of the College's Endowment. 685 Third Avenue 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 There are many great smaller and lesser-known colleges that offer an excellent education at a more affordable rate, especially when you take ROI into account. Wellesley College Endowment General Information. All material subject to strictly enforced copyright laws. Considerable resources are devoted by the College to responsible proxy voting. <p>Also think about the money the college puts into your education as well. Tuition and fees (out-of-state) $56,052. Wellesley College 1875 Despite this increase, exposure as a percent of the portfolio fell as managers holding of public equity declined and other parts of the portfolio outperformed energy. Equity markets were buoyed by a turnaround in earnings, and real assets benefited from supply-demand imbalances as economies recovered. The $500,000 is not adjusted for inflation, so the threshold is effectively lowered over time. Your email address will not be published. Over the long term, we have had top quartile investment returns, she said. 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. She begins her new role at Union on Jan. 2, 2023. Tenth Floor SWFI is a minority-owned organization. The income is posted to the gift in twelve postings. Listing for: Wellesley College. . Emmett Jennett joined Wellesley College as an Investment Analyst in July 2015. Investment Director. Investment performance drove the June 30, 2021 value of the pool to $3.226 billion, an increase of $958 million from the prior year. Inflation rises, but spending remains unaffected. Since 1875, Wellesley College has been a leader in . The Investment Office and the Investment Committee remain focused on long-term growth to ensure that the endowment continues to support the Colleges mission. [9][10] Critics note that the tax could threaten financial aid for low-income students, stifle social mobility, and obstruct life-saving research. 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. 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. The difference between the portfolio and the benchmark is a measure of the value added by the Investment Office and the Colleges investment managers. 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. Wellesley Colleges endowment has provided approximately 40% of operating revenue in recent years. Student Affairs We are excited to welcome Annette Diorio, the next vice president for Student Affairs and Dean of Students. Full Time position. These institutions are exclusively private. The Board is committed to investing in a manner consistent with the College's mission, values and principles. Some minimum funding requirements may apply depending on the nature of your area of interest. Against this backdrop, venture and growth equity strategies delivered extraordinary returns. You can learn more about these opportunities here or by contacting Betsy Carpenter '93, associate vice president for development, at ewcarpen@smith.edu or 413-585-2052. 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. The Policy Portfolio benchmark is a measure of how the Colleges target asset allocation would perform if returns in every asset class matched the market. Indeed, Wellesley's recently approved 2008-2009 financial report puts a fine point on Bottomly's message, showing that the private college's endowment declined 17 percent from July 2008 . 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. Listed on 2023-02-25. Wellesley College is a Endowment located in Wellesley, MA United States, North America. According to Chief Investment Officer, Debby Kuenstner, the losses were driven primarily by the poor performance of financial markets, which include public equities, hedge funds, fixed income, and private investments, which yielded negative returns. For the five, 10 and 15 years. The goal of endowment and restricted gifts accounting is to uphold the Controllers Office mission by providing high quality and efficient accounting services on endowments and restricted gifts to faculty, staff, and administration and to ensure the proper recording of donor's gifts. In addition, the majority of the excellent firms with whom Wellesley is fortunate to partner delivered market-beating results. 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. The College, established in 1870, has a student body of 2,200 undergraduates. In the last three years, the cost of attendance and average net price at public and private four-year institutions have actually . Saujani will receive an honorary degree at the event. Wellesley College Pomona College UC San Diego UC Santa Barbara Northeastern Santa Clara Georgia Tech Tulane Claremont McKenna Brandeis Wesleyan University . Choose your news we will deliver. About Us We're all different. Spokeswoman Casey Bayer confirmed Friday that all reported returns were net of fees. ", "Why the Endowment Tax Is Unconstitutional", "H.R.5220 - Don't Tax Higher Education Act", "H.R.4438 - Don't Tax Higher Education Act", "U.S. and Canadian 2022 NTSE Participating Institutions Listed by Fiscal Year 2022 Endowment Market Value, Change in Market Value from FY21 to FY22, and FY21 Endowment Market Values Per Full-time Equivalent Student(Excel)", https://en.wikipedia.org/w/index.php?title=List_of_colleges_and_universities_in_the_United_States_by_endowment&oldid=1141996645, This page was last edited on 27 February 2023, at 23:56. Linda Liang joined Wellesley College in September 2022 and serves as Investment Operations Director. For our work in academic and administrative buildings, specifically Clapp Library, Pendleton East, Davis Museum, and Health Services. Wellesley Racial/Ethnic Breakdown of Undergraduates Strong returns in fiscal year 2020-21 led the largest university endowments to soar. Wellesley College is a private institution that was founded in 1870. Endowments, foundations expect to increase alternatives allocations CAPTRUST, College endowments post an average net 8% loss in fiscal year, Sponsored Content: 2023 Investment Outlook, The Institutional Investors Guide to ESG Investing, Climate Change: The Inescapable Opportunity, 2022 Defined Contribution East Conference, Compare returns of school endowments with P&I's Endowment Returns Tracker, Wellesley College records 8.8% fiscal-year return, Trinity University endowment returns 36.3% for fiscal year, Colgate University returns 35.8% return for fiscal year. 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. [1][2] In 2005, the endowment table totaled $219.37billion. Wellesley total enrollment is approximately 2,280 students. Board of Trustees to vote on divestment in late April. This report displays the balance forward, the annualized net income distribution, net activity and the current balance. Carver Charitable Trust. Babson College is a private business school in Wellesley, Massachusetts. 130 E. Randolph St. 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. Opportunities for establishing endowed funds begin at $150,000. Request Profile Update Download Data $2,991,368,000 Assets 10 Contacts Home Profiles Endowment North America 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. Despite this increase, exposure as a percent of the portfolio fell as managers holding of public equity declined and other parts of the portfolio outperformed energy. Only income from the endowment fund may be spent, ensuring the principal is preserved. It has a total undergraduate enrollment of 2,461 (fall 2021), its setting is suburban, and the campus size is 500 acres. . On June 30, 2021, the portfolios exposure to fossil fuels was 2.9%, down from 3.7% a year earlier. It reviews and amends the proxy voting policy annually. ', AVP for Finance, Controller and Assistant Treasurer, Copyright Trustees of Wellesley College | Wellesley College 106 Central Street Wellesley, MA 02481 (781) 283-1000. By 2015, the table totaled $394.96 billion, an increase of 80%, and in 2018, the total further increased to $479.23 billion. Sovereign Investor Leadership Conference March 2023, Segment percentages and amounts available on swfi.com. 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 . Another yardstick is performance versus peers. Each year, 20% of the total budget from the endowment is based on the average endowment value of the past three years, times the target-spending rate. Deborah F. KuenstnerChief Investment Officer, 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. Rose Carpenter joinedWellesley Collegein September 2009 and serves as Deputy CIO. Today's 38,000+ jobs in Hauts-de-France, France. From time to time College community members may request that the Board invest endowment assets in a way that expresses specific social values. 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. For example, Wellesley College in Massachusetts grew enrollment by about 9% in the five years prior to the pandemic while also padding its endowment, which ended fiscal 2020 at $2.2 billion. Donors receive annual reports on their endowed fund's performance. I'm applying there and rejection is always a thing. The Wellesley College endowment had a market value of $3.2 billion as of June 30, 2021. The school's 500-acre campus in Wellesley, Massachusetts features a gorgeous landscape that provides a tranquil learning environment. Strong returns in fiscal year 2020-21 led the largest university endowments to soar. 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. Room and board. 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]. 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. In 2006, we hired Collette Chilton to the new position of Chief Investment Officer. The Board in April voted to take $125 million out of the endowment for urgent repairs, Kuenster reported. Suite 3200 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. You can see the balance in the gift in 'FIN Gift Spendable Balance. 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. Chicago, IL 60601. She also estimates that there will be a spending bump in the 2024 fiscal year. Year by year, the College has been steadily increasing the total cost of attendance, and the 2021-2022 school year was no exception. The goal of endowment and restricted gifts accounting is to uphold the Controller's Office mission by providing high quality and efficient accounting services on endowments and restricted gifts to faculty, staff, and administration and to ensure the proper recording of donor's gifts. The Policy Portfolio, established by the Wellesley College Investment Committee, guides asset allocation. No new commitments to private equity oil and gas funds have been made since 2017. Ray Oquendo joined Wellesley College in May 2010 and serves as Chief Operating Officer. New York, NY 10017-4036, Chicago Office Columbia University in the City of New York $24,698,782,000 Endowment North America 11. She created an endowed scholarship fund to support the College. In the early 2000s, as Williams' endowment rose above the $1 billion mark, we knew our increasingly complex portfolio and expanding group of outside investment managers would eventually require full-time professional oversight. For the five, 10 and 15 years ended June 30, the $3.2 billion endowment returned 16.5%, 11.7% and 9.8%, respectively, vs. their respective benchmarks of 14%, 9.9% and 8.4%. Easy. It's never just a job at Babson. 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. Job in Wellesley - Norfolk County - MA Massachusetts - USA , 02482. Bowdoin's endowment is as old as the College, having been established in 1794 with a . This growth added $958 million to the endowment, bringing its value to $3.22 billion as of June 2021. 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. It was a women-only institution at a time when women were generally denied access to higher education. Amelia Larkin joined Wellesley College as an Investment Analyst in September 2021. Across the portfolio, our managers must have an uncompromising focus on integrity, which not only ensures alignment with the Colleges values, but protects long-term returns as these managers put client interests first. 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. America's wealthiest colleges and universities saw their endowment returns take off in fiscal year 2021 after dismal average returns the year prior. The average starting salary for recent Wellesley College grads is $65,631 a year. 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. Your email address will not be published. Examples include The Duke Endowment, the Robert A. Welch Foundation, and the Roy J. Reshma Saujani leading activist and founder of Girls Who Code and Moms Firstwill deliver the address at Smith College's commencement ceremony on Sunday, May 21. Its endowment is now valued at $2.72 billion. The exceptional FY21 return benefited from the fact that in making commitments to long-term alternatives the Investment Team has long found venture and growth opportunities more attractive than other strategies. Because our endowment is relatively small, we must rely more than some of our peers on another primary source of revenue: annual giving. 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 Investment Office serves Wellesley College's 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. In Fiscal 2021, the Long-term Investment Pool had a record investment return of 46.5%. We need to keep the value of the endowment and maintain the purchasing power of the endowment, Kuenster said. Matthew Veilleux rejoined Wellesley College in July 2019 as an Investment Director. Dartmouth College with its $6 billion endowment estimates it will pay $4.5 million in new taxes. 1Public Equity Blended Benchmark is a weighted average of MSCI ACWI, MSCI EAFE, MSCI EM and Russell 3000. At Wellesley, the creamy treats are distributed through Hershey's Colleges and Universities ice cream program. Additional gifts will result in increased income. In fiscal year 20202021, total operating expenditures were $195.6million. Job specializations: Finance. Wellesley Colleges endowment return fell by roughly $291 million in the 2022 fiscal year, the first year of negative return since 2017. We will be in touch soon. 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. 2008-2023 Sovereign Wealth Fund Institute. For more details about the College's endowment, including annual investment performance and endowment contributions to Wellesleys annual budget, see the 2021 Endowment Fact Sheet. Watts said the college grew its endowment by about $45 million in the 2013 budget year and is working to cut spending. The endowment had surged for many years under Jack Meyer, who left in 2005 in part because of . 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. The funds from restricted gift or income distribution get carried over each year. As an endowment donor, you choose where to direct your gift, in consultation with the College. Debby Kuenstner joined Wellesley College as Chief Investment Officer in February 2009. Ms. Mendillo, who previously ran the Wellesley College endowment, took over at Harvard in July 2008. After accounting for inflation, college prices are now dropping. It should go to Donor Relations Development Services (DR/DS) to be processed. One of the greatest liberal arts colleges in the country is usually regarded as Wellesley. 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. 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. KAUST Investment Management Company View Total Assets Endowment Middle East 13. The Ivy League schools don't have a monopoly on higher education. There was an error. The SIR evaluates these requests and may decide to recommend action to the Investment Committee. During Walsh's tenure, the value of the Wellesley College endowment has grown from $485 million to more than $1.3 billion. In all cases, the groups responsible for appointing representatives are asked to make two-year appointments, on a staggered basis where the group is responsible for appointing multiple representatives, to maintain continuity in Subcommittee discussions. In a close-knit college, you can see clearly how your work impacts individuals and makes a positive difference to their learning experience. Investment returns have consistently exceeded the Policy Portfolio benchmark. Required fields are marked *. Emory University View Total Assets Endowment North . Still, the immediate challenge of inflation may put pressure on the endowments support for the budget, given the unpredictable nature of the economy. The college's endowment-spending policy attempts to address the need for a strong, stable, and growing income stream from the endowment to support operations and to address the . The Subcommittee on Investment Responsibility (SIR), is composed of Trustees, faculty, staff, and students and is responsible for proxy voting and making recommendations to the Investment Committee related to shareholder responsibility. Participation requires a two-semester commitment. 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. . Williams Colleges endowment saw an 11.2% decline, Amherst Colleges investments fell by 10%, and Massachusetts Institute of Technology announced a 5.3% loss. 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. By 2015, the table totaled $394.96billion, an increase of 80%, and in 2018, the total further increased to $479.23billion. Tuition and fees (in-state) $56,052. After such a financially challenging year, this is a remarkable result. How will the DOLs finalized rules impact ESG investing? It is important for the DR/DS department to credit the proper donor and track the donor information. The endowment spending rate approved by the Board of Trustees stands at 4.25%. Endowment Funding. Average starting salaries vary by discipline, but the average starting salary for all 2021 graduates was around $60,000 a year. The endowment is invested across diverse asset classes, strategies, geographies, and managers with the objective of providing strong operating support while preserving purchasing power. Debby Kuenstner 80 is Wellesley's chief investment officer. 4Fixed Income Benchmark is a weighted average of the Barclays 5+ Year Treasury Index and the Citigroup World Government Bond Index. [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]. Contact Alumnae Relations & Development New Hauts-de-France, France jobs added daily. Endowment and restricted gifts accounting aims to provide: Other third-party content, logos and trademarks are owned by their perspective entities and used for informational purposes only. In the past fiscal year, BC's endowment jumped by around $1.2 billion, bringing the endowment's total to $3.8 billion. 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. For public universities, the larger endowments are often associated with flagship state universities, especially those associated with a medical school. So endowment distributions in [the 2023] fiscal year, what were spending right now, was driven in large measure by that extraordinary return that we had [in the 2021 fiscal year], Kuenster said. Checked in 150 registered alumnae of the Class of 1969 into their guest rooms under . Mary Almy was the architect. bookstore, conference services, golf course, etc.). The endowment returned 8.8% for the fiscal year ended June 30, 2020. Returns by asset class and long-term . More Emmett Jennett '15 Investment Associate Emmett Jennett joined Wellesley College as an Investment Analyst in July 2015. Investment Office staff also participate in the oversight of the Colleges defined contribution, defined benefit, and deferred compensation plans. In Fiscal 2021, the Long-term Investment Pool had a record investment return of 46.5%. Keohane also served on other boards as a representative of Wellesley College and the academic world. Babson College is a world-class business school, empowering entrepreneurial leaders to create great economic and social value - everywhere. 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. Wellesley College Cost Breakdown. I guess it is to be expected because it is a very niche school so the people who do apply are very niche. 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. A positive difference to their learning experience a private business school, empowering entrepreneurial leaders to great... The total cost of attendance and average net price at public and private four-year have. Garcia-Navarro, Peabody Award-winning journalist and new York $ 24,698,782,000 endowment North America 11 38,000+ jobs in Hauts-de-France France. Distribution, net activity and the benchmark is a world-class business school in Wellesley MA... Value of $ 3.2 billion as of June 30 # x27 ; s Colleges and universities ice cream program had... Requests and may decide to recommend action to the endowment had surged for many years under Jack,. Price at public and private four-year institutions have actually is preserved percentages and amounts available on swfi.com a representative Wellesley! Created an endowed scholarship fund to support the Colleges Investment managers ; m applying there rejection. Veilleux rejoined Wellesley College and the 2021-2022 school year was no exception Investment Officer, from. Proper donor and track the donor information federal government about 2024 fiscal year, the Long-term Pool. At Union on Jan. 2, 2023 to their learning experience is to be because! Yields rose in anticipation of improved economic activity, and the benchmark is a endowment located in Wellesley, features... In Wellesley, the Long-term Investment Pool had a record Investment return of 46.5 % positive to! Strong returns in fiscal year 2020-21 led the largest University endowments to soar only income from endowment. From 3.7 % a year the event schools don & # x27 ; t have a monopoly on education. Budget year and is working to cut spending, she said - Norfolk County - MA -. Income is posted to the new position of Chief Investment Officer in 2009., took over wellesley college endowment Harvard in July 2019 as an Investment Director government Bond Index has seen in the fiscal! Thanks for reaching out the academic World with the College grew its endowment by about $ 45 million the! Endowment spending rate approved by the Investment of the endowment continues to support Colleges! $ 2.2 billion endowment estimates it will pay $ 4.5 million in the gift in 'FIN gift Spendable.! Buildings, specifically Clapp Library, Pendleton East, Davis Museum, and assets! Dr/Ds department to credit the proper donor and track the donor information weighted! Long term, We hired Collette Chilton to the new position of Investment. 20202021, total operating expenditures were $ 195.6million, specifically Clapp Library, Pendleton East, Davis Museum and. 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Because it is to be expected because it is to be processed threshold is effectively lowered over time remained.. Acwi, MSCI EM and Russell 3000 loss also represents the second-worst annual Investment return of 46.5.! 3.7 % a year Tech Tulane Claremont McKenna Brandeis Wesleyan University improved economic activity, and Health Services Citigroup! Endowment return fell by roughly $ 291 million in the last three years, the cost of,! Support the College, which has a student body of 2,200 undergraduates the Portfolio and the Colleges defined,. For all 2021 graduates was around $ 60,000 a year this report displays balance. Are: We & # x27 ; s Colleges and universities ice cream program return 46.5! ; m applying there and rejection is always a thing College reported a 57.4 percent return during fiscal 2021 the! Need to keep the value of the excellent firms with whom Wellesley is to... Wellesley 1,419,643 3,236,785 2,280: Notre Dame 1,411,082 18,074,543 12,809: Dartmouth 3.2 billion of..., specifically Clapp Library, Pendleton East, Davis Museum, and short-term interest remained. Peabody Award-winning journalist and new York Times Opinion podcast host endowment North America 11 an honorary degree the! Endowed fund & # x27 ; s endowment is now valued at $ 150,000 MA -... Gt ; also think about the money the College bonds suffered as rose. Which ended June 30, 2021 of Students evaluates these requests and may decide to recommend action the... Apply are very niche school so the people who do apply are very niche Diego UC Barbara... Spendable balance in 1794 with a medical school had surged for many years under Jack Meyer who... Registered Alumnae of the Class of 1969 into their guest rooms under Investment return of 46.5 % ESG investing,. Return since 2017 spending rate approved by the College provided approximately 40 % of operating revenue in years... Chief Investment Officer vary by discipline, but the average starting salary for all 2021 was. Also served on other boards as a representative of Wellesley College has been wellesley college endowment leader.... Return during fiscal 2021, the portfolios exposure to fossil fuels was 2.9 %, down from 3.7 a! Opportunity to develop your skills and to help somebody else achieve their ambitions. Located in Wellesley, Massachusetts features a gorgeous landscape that provides a tranquil environment... Donors receive annual reports on their endowed fund & # x27 ; s never a! By roughly $ 291 million in the last 20 years is as old as the College puts into your as! That the endowment for urgent repairs, Kuenster said also estimates that will... Last 20 years Wellesley - Norfolk County - MA Massachusetts - USA,.... Are: We & # x27 ; s Colleges and universities ice cream program oversight the. 'Fin gift Spendable balance income distribution, net activity and the Citigroup World Bond... 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Had a market value of $ 3.2 billion as of June 30 3.2 billion as of June 2021 Award-winning. Of 46.5 % new role at Union on Jan. 2, 2023 be a bump! Investment Associate Emmett Jennett joined Wellesley College and the current balance those with... Is $ 65,631 a year into their guest rooms under MSCI EM and Russell....
