Due to generous donors, increased property values and positive returns, Stanford University’s endowment has increased by 3.6 percent over the past year. According to results released by the Stanford Management Company (SMC), the final sum for 2015 amounts to $22.2 billion, as of August 31, 2015 when the fiscal year concluded.
Ultimately, the divestment movement is a cop-out. It is a way for some people to feel self-righteous without having to do anything. Students can celebrate that Stanford divested from coal without having to make any real changes in their lives. The investors in Peabody Energy Corp. may change, but that company mines coal just the same as it always has. If the divestment protestors really believed in their cause, they wouldn’t even be divestment protestors – instead, they would be working harder to reduce their own fossil fuel consumption. If the G4S protestors actually cared about human rights, they would be trying to protect human rights instead of changing the investors in a security company, a goal which does absolutely nothing for human rights.
Stanford University announced a record year of fundraising Wednesday, with an unprecedented $1.035 billion in gift support donated during the 2011-12 fiscal year by nearly 79,000 donors, another first for the University.
The Stanford Management Company (SMC) announced last Thursday that its merged pool achieved a 1 percent return on investment during the 12-month period that ended June 30. Challenges in international equity markets and economic uncertainty contributed to a number that is significantly lower than last year’s 22.4 percent return on investment. Endowment levels have still not fully recovered from the 2008-2009 economic crisis.
The Stanford University Merged Pool achieved a 1.0 percent return on investments over 12 months, ending June 30, 2012. The University endowment grew by 3.2 percent during Stanford’s fiscal year, ending August 31, 2012.
As week six begins, the reality and excitement of the end of the year and the start of the summer are upon us. For graduating seniors, however, this excitement is tempered by the surreal recognition that the Stanford experience itself is also coming to an end. Amid the commotion of midterms and papers, many seniors were blissfully able to put off thoughts of the future, to carpe diem as if these idyllic days would never end. As they savor these last precious weeks, however, seniors should also reflect upon the failure of past graduating classes to rally around the cause of giving back to future classes. Class of 2011: it’s time to change that.
Politics revolve around budgets: who decides who gets how much, and when? It turns out this question was pretty important this week if you were a union worker in Wisconsin or cared about the survival of Planned Parenthood. Judging by the lively dialogue on campus about these two issues, Stanford students consider state and federal budget processes to be as worthy of their attention as studying or complaining about the rain. For all this interest in government spending, however, there has been a conspicuous lack of public objection to Stanford’s own budget priorities, even though students often complain about their myriad effects.
Following a rebounding endowment reported in October, the University’s report of its FY2010 financial results on Dec. 17 also shows signs of improvement, with a consolidated net assets increase of $1.5 billion, or 7.5 percent, over the last fiscal year to end at $21.4 billion.