Past Deadline: Breaking down what a $300 million endowment means for IC
For this first time in Ithaca College’s history, its endowment has exceeded $300 million.
For this first time in Ithaca College’s history, its endowment has exceeded $300 million.
The college has the fourth smallest endowment among the 20 colleges in its peer group.
Besides the fact that this increase is impressive in itself, it also means a lot in terms of what the college is now capable of.
Ithaca College’s annual endowment returns side-by-side with the National average annual endowment returns as reported by the Nacubo-Commonfund Study of Endowments.
On Dec. 9, the Student Government Association, backed by Divest IC, passed a bill recommending research into divestment from fossil fuel companies.
Ithaca College is targeting young alumni to gain endowment. Do you think the college should target the young alumni for donations?