Endowment funds across all Claremont Colleges experienced decreases of up to 14.5 percent in fiscal year (FY) 2021-22, according to a TSL analysis of the colleges’ public financial statements. Scripps reported the largest decrease of 14.5 percent in net endowment assets, while CMC’s endowment was the least affected, experiencing a
Tag: Endowment
ASPC endowment presentation adjourned early amid student demonstration for workers’ pay
Following last spring’s student body vote to disclose Pomona’s fossil fuel investments, Associated Students of Pomona College (ASPC) hosted a Nov. 10 meeting open to the student body, at which Pomona’s financial officers presented information on the college’s endowment and budget support.
OPINION: It’s getting (way too) hot in here, Pomona
When a heatwave swept across southern California at the start of this school year, Pomona’s plan didn’t prioritize students, argues Zeean Firmeza PO ’26.
5C endowments reap unprecedented gains
The 5Cs’ endowment funds grew by up to 43 percent in the 2020-21 fiscal year, despite a year of hardship and uncertainty.
OPINION: Pomona College must divest from fossil fuels, but that’s not enough
Pomona College must not only divest its endowment from fossil fuels, but ethically reinvest it through a transparent process that listens to student input, argues Nicholas Black PO ’24.
Pitzer College consolidates cabinet leadership, adds chief operating officer position
Pitzer College announced changes to its cabinet leadership in a Feb. 17 email from President Melvin Oliver to the community, including the addition of a chief operating officer position. Laura Troendle will assume the role of chief operating officer, a position now merged with the responsibilities held by the college’s
An in-depth look into the 5Cs’ endowments
In the wake of budget cuts and staff furloughs caused by the COVID-19 pandemic, endowments have been the center of many conversations — but what exactly are they? TSL spent the semester researching endowments and talking to the undergraduate Claremont Colleges administration about how each college’s endowment is run — here’s what we learned.
OPINION: Now is not the right time for austerity at Pomona College
In the midst of the COVID-19 pandemic, it’s time for Pomona College to use its endowment and help its students and staff, not implement austerity measures.