Running a University is not cheap. Case in point, by far the largest expense remains wages, pensions and benefits for Cornell’s nearly 18,000 employees, amounting to $2.9 billion and 64.8 percent of its budget. Although Cornell’s position as a...
Read moreCornell Endowment Performance 2019
The school announced their endowment figures a couple of weeks ago. Cornell University’s endowment earned a 5.3% return for the fiscal year ending June 30. The investments reached $7.3 billion, a new record. The endowment’s gains in real estate...
Read moreNew Team and New Office at Cornell Endowment
After reporting its endowment results last year, the school shared what changes they were making. Over the last year, the Office of University Investments made several changes to its portfolio strategy and management, including revamping its...
Read moreJosh Wolfe on Science Fiction at Cornell
Josh Wolfe, the founder of Lux Capital, spoke to students at Cornell earlier this year on the type of startups he looks for to invest. Josh recognizes that we live in an age where science fiction is quickly becoming science fact, which is why his...
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