President Liebowitz issued a new update on College finances, and a schedule outlining when the Board of Trustees will be deciding on certain financial decision in the coming few months. Read below! Continue reading
The e-mail found by clicking below is President Liebowitz’s report to staff, faculty, and students regarding the Board weekend meeting which took place 15 to 17 October. Happy reading, and please take note of the link that he provides to offer suggestions.
As of 8/31/2009, which is the latest figure we have on Middlebury’s endowment, we were at $740MM. Just a heads up in case you were interested!
President Liebowitz issues a memo to faculty, staff and students about the latest financial news on campus. Check out the full text by clicking on the link below!
Here is an update on the endowment’s performance. As you might predict, not the best of news:
As of March 31, 2009, the market value of the Endowment Pool (ATF) was $647.1 million (including $17.0 million of Non-Endowment Assets) and the Total Endowment plus Trusts was $677.9 million.
Middlebury Endowment Returns
Fiscal YTD -22.5%
Calendar YTD -3.9%
Broad Stock Market Index Returns
Russell 3000 Index
Fiscal YTD –37.1%
Calendar YTD –10.8%