Editor's Letter
The College of the Holy Cross has launched an Ignite site to offer a transparent look into its endowment management. This platform, created by the Investments and Institutional Resources office, aims to demystify the complex topic of endowment management for the College community.
The Ignite site features FAQs, explanations of terms, and a video of a town hall meeting with investment partners. Despite not mentioning specific investment partners or their roles, this educational resource is intended to foster an ongoing conversation about the endowment and shared priorities.
The Ignite site can be easily shared via various platforms, including social media, email, and print. It serves as a valuable tool for those seeking to understand the College’s endowment and its impact on the institution's financial health and mission.
The College's endowment plays a crucial role in funding priorities such as hiring faculty members, student scholarships, and academic programs. The strong performance of the endowment investments recently enabled the College to cover tuition for families earning less than $100,000.
In a recent interview, President Rougeau discussed the College's endowment, recent news, and the upcoming holiday season. During the conversation, the potential impact of online sports betting on the College's endowment was mentioned, with Massachusetts online sports betting reportedly having a negative impact on the College's endowment fund.
Separately, the College's Office of Advancement launched the Hope + Access campaign. This philanthropic initiative aims to raise $40 million for need-based financial aid, with the ultimate goal of enabling all admitted students to attend the College of the Holy Cross. The Hope + Access campaign began in January 2021 and will continue until June 2022, spanning an eighteen-month period.
While the Ignite site on the College's endowment is not mentioned in the article about the Hope + Access campaign, it is important to note that the College's endowment plays a significant role in funding the College's mission and priorities. For more detailed information about the Ignite site, visiting the College of the Holy Cross official website or contacting their Investments and Institutional Resources office directly would be the best approach.
- The Ignite site offers a transparent look into endowment management and includes FAQs, explanations of terms, and a video from a town hall meeting with investment partners, aimed at fostering an ongoing conversation about the endowment and shared priorities within the College community.
- In addition to the Ignite site, the College's Office of Advancement has launched the Hope + Access campaign, which aims to raise $40 million for need-based financial aid, with the goal of enabling all admitted students to attend the College of the Holy Cross.
- The College's endowment plays a crucial role in funding priorities such as hiring faculty members, student scholarships, and academic programs, like education-and-self-development.
- The strong performance of the endowment investments recently enabled the College to cover tuition for families earning less than $100,000.
- In a recent interview, President Rougeau discussed the College's endowment, recent news, and the upcoming holiday season, touching upon the potential impact of online sports betting on the College's endowment fund, particularly the negative impact of Massachusetts online sports betting on the College's endowment fund.
