How has the economic downturn affected Colorado College?
The stock market’s huge losses have of course also reduced the value of the college’s endowment. We also anticipate a reduction in charitable giving as well as very limited general non-endowed investment revenue. Given the day-to-day flux of economic information, the current and long-term impacts are still evolving. («hide answer) (show answer») • Q: From where does money in the endowment come? A: The endowment is made up of 135 years of gifts to the college; most of it is from alumni, some is from parents, and the rest from friends of the college. Our Board of Trustees’ investment committee determines the strategy for investing these funds. The committee has diversified our endowment, and because of that CC has fared better than some comparable institutions. A percentage of the endowment’s earnings or assets are used each year to fund financial aid, professorships and programming. («hide answer) (show answer») • Q: What is the college doing to weather these financial challenges? A: Th
