Boston College’s profile of its $3.7 billion endowment is short, vague, and far from informative. The University has a moral responsibility to change this.
News, Top Story, Administration
BC’s Endowment Slightly Dips from $3.8 to $3.7 Billion
Boston College’s endowment slightly dipped from around $3.8 billion to $3.7 billion—an approximate $60 million drop—in the past fiscal year, according to the University’s financial statements.
Top Story, News
A Look Inside BC’s $3.8 Billion Endowment
In the 1970s, when Boston College’s endowment hovered around $5 million, it would have been difficult to predict the powerhouse that BC’s endowment would eventually become. This past fiscal year, the endowment reached its all-time high: $3.8 billion.
News, Top Story
BC Endowment Increases by $1.2 Billion in Past Year
The large gains reflect significant returns on BC’s investments, according to the Boston Business Journal.
Academics, Featured Story, Administration, News, On Campus
New BC Fact Book Shows Endowment Falls
The 2019-2020 Fact Book details $93.3 million decrease in endowment, a two-acre expansion of campus, and an increase in AHANA+ undergraduates.
Top Story, News, On Campus
Climate Justice BC Referendum to Appear on UGBC Ballot
This year, the question “Should Boston College withhold investments from the fossil fuel industry?” will appear on the presidential elections ballot for the Undergraduate Government of Boston College.
News, Top Story, Administration
University Pans Gonzalez Endowment Tax Plan
Jay Gonzalez, the Democratic nominee for governor of Massachusetts, has proposed levying taxes on major universities’ endowments—including that of Boston College’s, according to The Boston Globe.
Top Story, Administration, News
Endowment Grows 10.7 Percent in the Latest Fiscal Year
Boston College’s Executive Vice President Michael Lochhead announced Wednesday at University Convocation that the endowment posted a 10.7 percent return on investment during the last fiscal year that ended on May 31, which Lochhead said surpassed University expectations. 2018 is the 47th consecutive year operating revenues exceeded expenses, according to Lochhead, which he said was…
News, Top Story, Administration
Filings Show Coach, Admin Salaries
Football head coach Steve Addazio received $2,514,859 in total compensation and men’s basketball head coach Jim Christian received $1,480,826.
News, Top Story, Administration
Investment Guidelines Still in Effect, Contrary to BC Webpage
“The University is engaged in a web redesign effort that began in 2015,” University Spokesman Jack Dunn said in an email. “The Ethical Investment Guidelines remain in full effect and will likely be a component of the new Treasurer’s Office website when it is launched.”
