Of the 40, 21 trustees are Bowdoin parents, six of whom have children who are current students at the College. Trustees say they serve out of a deep sense of appreciation and connection to the College. The mascot for all Bowdoin College athletic teams is the Polar bear, generally referred to in the plural, i.e., "The Polar Bears." Four Bowdoin students are working in municipal government this summer in the nearby town of Topsham. Kenneth I. Chenault 73, H96 and his wife, Kathryn C. Chenault, have made a $2 million gift to Bowdoin College, the bulk of which will be used to establish an endowed fellowship that will bring exemplary leaders to campus to engage with the Bowdoin community. No hate speech, profanity, disrespectful or threatening comments. Most recently, he served on the investments team as director of real assets at the Gordon and Betty Moore Foundation, a Bay Area private foundation with an $8 billion endowment. With a Press Herald subscription, you can gift 5 articles each month. Before submitting a comment, please review our comment policy. Professor of Physics Madeleine Msall noted a decrease in recent years in the number of interactions between trustees and the faculty. Major General Oliver Otis Howard, class of 1850, led the Freedmen's Bureau after the war and later founded Howard University; Massachusetts Governor John Andrew, class of 1837, was responsible for the formation of the 54th Massachusetts; and William P. Fessenden (1823) and Hugh McCulloch (1827) both served as Secretary of the Treasury during the Lincoln Administration. Prior to Owl Ventures, he was a Private . [16] President Ulysses S. Grant, too, was given an honorary degree from the college in 1865. Bowdoin College has named K. Niles Bryant, its director of investments, as her replacement effective July 1. [36] In 2002, the faculty decided to change the grading system so that it incorporated plus and minus grades. I do think that the faculty would have valuable information and insights to contribute to any sort of long-term planning, she said. She has overseen the money management of that college's $1.8 billion endowment since the summer of 2000. [28], The April 17, 2008, edition of The Economist noted Bowdoin in an article on university admissions: "So-called 'almost-Ivies' such as Bowdoin and Middlebury also saw record low admission rates this year (18% each). At the time of its founding, it was the easternmost college in the United States, as it was located in Maine. [71] In addition, Bowdoin runs a single stream recycling program, and its dining services department has begun composting food waste and unbleached paper napkins. Work Experience. Under Fallss leadership, Rockefellers investment team returned consistent top-decile growth of the Universitys endowment over the past decade. I have known Paula for my entire investing career and have always admired her investment judgment, passion for markets, and dedication to Bowdoin, noted Bryant. When Bowdoin was chartered in 1794, Maine was still a part of the Commonwealth of Massachusetts. During this recent challenging period, Niles has worked side by side with me and our investment committee on managing Bowdoins portfolio, augmenting the investment team, and carrying out our due diligence on potential opportunities.. Ms. Volent served as the Senior Vice President for Investments and Chief Investment Officer at Bowdoin College from 2006 to June 2021. Director of Investments (Director) at Bowdoin College. She insisted that distribution requirements would ensure students a more well-rounded education in a diversity of fields and therefore present them with more career possibilities. The college also graduated two literary philosophers, the writers Nathaniel Hawthorne and Henry Wadsworth Longfellow, both of whom graduated Phi Beta Kappa in 1825. Similarly, the average ACT score for a Williams student is 34, compared to 33 for Harvard. During his undergrad years, Thorndike himself served as a student representative on the search committee that nominated Roses predecessor, President Barry Mills 72. She has overseen the money management of that college's $1.8 billion endowment since the summer. [47] Among all colleges, it is tied with Brown, Carnegie Mellon, and Williams for 22nd. She will assume stewardship of the university's endowment starting August 15. K. Niles Bryant was named senior vice president and chief investment officer at Bowdoin College. The middle 50% ACT range is 3033. Previously, Lisa was a C areer Development & Field Work Term Associate Dean at Bennington College and also held positions at Colby College, Career Connectors, Influenster, Mount Saint Mary College, Kantar, GfK, Kantar, HCD . [42], In the 2019 Forbes college rankings, Bowdoin was ranked 26th overall among 650 universities, liberal arts colleges, and service academies and 6th among private liberal arts colleges. Please subscribe or login first for digital access. [citation needed], Bowdoin began to develop in the 1820s, a decade in which Maine became an independent state as a result of the Missouri Compromise and graduated U.S. President Franklin Pierce. The benefit of such donations has an enormous impact on the lives of students and the results can be seen across campus. Bryant named Senior Vice President and Chief Investment Officer. The median family income of Bowdoin students is $195,900, with 57% of students coming from the top 10% of highest-earning families and 17.5% from the bottom 60%. We have very little contact with the trustees and we have virtually no unstructured contact.. Bryant joined Bowdoin's investment office in April 2020 as director of investments . He will oversee the management of the Brunswick, Maine, college's $1 . Niles exceptional experience and skills, his record of achievement, and his deep commitment to Bowdoins mission make him the ideal person to succeed Paula, Bowdoin President Clayton Rose said in a statement. The Bowdoin Faculty Scholarship is an award that recognizes students who excelled academically and achieved a high ranking during their secondary school careers. Paula Volent, a leading investment manager who oversaw Bowdoin Colleges $2 billion endowment for two decades, has been named Rockefellers next vice president and chief investment officer. [59] The Orient was named the second-best tabloid-sized college weekly at a Collegiate Associated Press conference in March 2007 and the best college newspaper in New England by the New England Society of News Editors in 2018. Paula will help ensure that we continue to have the resources needed to fuel the world-leading research of our 70 heads of laboratory in pursuit of our mission, Science for the benefit of humanity., I have long admired the dedication and focus of the entire Rockefeller University community on conducting ambitious science that expands our knowledge of the world and has a positive impact on society, says Volent. An art history major with a minor concentration in government and legal studies, Marroquin joined the Bowdoin admissions staff in 2010 as assistant dean following four years with EF Educational Tours in Boston. This is corroborated by the Official Preppy Handbook, which in 1980 ranked Bowdoin the number two drinking school in the country, behind Dartmouth. Take a step back. See the College Rankings That Really Matter", "Orient article interviewing Professor Morgan", "Dogged determination leads to RoboCup victory", "Bowdoin Brief: Orient takes national newspaper award", "Bowdoin Orient Wins Regional College Journalism Award | Bowdoin News Archive", "Bowdoin College Commits to Climate Neutral Campus", "A Blueprint for Carbon Neutrality in 2020", "Bowdoin On Track To Meet Carbon Neutrality Goal, Campus News (Bowdoin)", "Annual Greenhouse Gas Emissions Inventory Update for FY 2017", "Annual Greenhouse Gas Emissions Inventory Update for FY 2012", "1.4 percent of College's endowment invested in fossil fuels", "Bowdoin College Green Report Card 2009", "LEED Certification (Bowdoin, Sustainability)", "Wednesday's Maine college roundup: Bowdoin men's tennis team wins NCAA crown", Institute for Doctoral Studies in the Visual Arts, College of Saint Benedict and Saint John's University, https://en.wikipedia.org/w/index.php?title=Bowdoin_College&oldid=1152236933, Educational institutions established in 1794, Private universities and colleges in Maine, Universities and colleges in Cumberland County, Maine, Articles with dead external links from July 2017, Articles with permanently dead external links, Articles needing additional references from December 2022, All articles needing additional references, Articles with unsourced statements from December 2022, Wikipedia neutral point of view disputes from May 2021, All Wikipedia neutral point of view disputes, Wikipedia articles with possible conflicts of interest from May 2021, Articles to be expanded from October 2021, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License 3.0, U.S. Secretary of Treasury, U.S. Representative, & U.S. Some key points from the policy: In a recent Orient survey sent to current students, 353 of the 372 respondents reported that they do not feel connected to the Board of Trustees, 308 reported that they have never met any of the trustees and 310 reported that they felt they could not communicate with one or multiple trustees if they wanted to.. America's wealthiest colleges and universities saw their endowment returns take off in fiscal year 2021 after dismal average returns the year prior. Senator, Joshua Chamberlain, Brigadier general in the Union Army, Oliver Otis Howard, Major General in the Union Army, Melville Fuller, 8th Chief Justice of the United States, Lawrence B. Lindsey, Member of the Federal Reserve Board of Governors, George J. Mitchell, former Senate Majority Leader, Harold Hitz Burton, former Associate Justice of the Supreme Court of the United States, Thomas Brackett Reed, former Speaker of the United States House of Representatives, Augustus Stinchfield, co-founder of Mayo Clinic. [11] At the time of its founding, it was the easternmost college in the United States, as it was located in Maine. . [66] The plan includes the construction of a solar thermal system, part of the "Thorne Solar Hot Water Project"; cogeneration in the central heating plant (for which Bowdoin received $400,000 in federal grants); lighting upgrades to all campus buildings; and modern monitoring systems of energy usage on campus. [citation needed], The Meddiebempsters are the oldest of Bowdoin's six a cappella groups. Login. Endowments Should Abandon Alts for Passive Investments, Report Says. Claudia Marroquin of Portland has been named senior vice president and dean of admissions and financial aid at Bowdoin, effective July 1. Founded in 2004, they trace their roots to the historic class of 1825 at Bowdoin, which graduated Henry Wadsworth Longfellow. The endowment is currently worth $2.72 billion, its highest-ever valuation. Create a commenting profile by providing an email address, password and display name. [citation needed], On January 18, 2008, Bowdoin announced that it would eliminate loans for all new and current students receiving financial aid, replacing those loans with grants beginning with the 20082009 academic year. Either in the 70s or 2020s. Bowdoin College's long-time chief investment officer Paula Volent is stepping down. A year and a half later, in May 2019, he was elected to the Board. She will join the university on Aug. 15, spokeswoman Katherine Fenz said in an email. [22] While a significant portion of the student body hails from New Englandincluding nearly 25% from Massachusetts and 10% from Mainerecent classes have drawn from an increasingly national and international pool. [21], In 1970, Bowdoin began competing in the Colby-Bates-Bowdoin Consortium, with Bates and Colby. At the same time, Gen Zers are less receptive to the principles of free speech, especially when that speech offends their values.. Student at Bowdoin College, Incoming . "[52], Bowdoin uses food from its organic garden in its two major dining halls, and every academic year begins with a lobster bake outside Farley Fieldhouse. Always high-quality. He started in April as director of investments. In fact, the average student who applies to Williams College is smarter than the average student who applies to Harvard. Each trustee serves for a term of five years, and cannot serve more than three consecutive terms. [83][84], Principal athletic facilities include Whittier Field (capacity: 9,000), Morrell Gymnasium (1,500), Sidney J. Watson Arena (2,300), Pickard Fields, and the Buck Center for Health and Wellness. The school colors are black and white. Please check your email to confirm and complete your registration. Rose is the only board member who is neither a Bowdoin alum nor a Bowdoin parent. Executive Office Of The President/us Trade. I am incredibly humbled to continue working for Bowdoin in this new capacity and for the trust the College has placed in me, said Marroquin. The Bowdoin endowment consists of more than 1,700 individual funds earmarked for the perpetual support of a variety of College initiatives. K. Niles Bryant will become the next senior vice president and chief investment officer at Bowdoin College, where he will be responsible for managing the Colleges $1.8 billion (as of June 30, 2020) endowment, the largest portion of which is permanently restricted to the support of student financial aid. In February, she announced her intention to leave the Brunswick, Maine-based college on June 30. Some things might look and act a little weird. Bowdoin College has promoted K. Niles Bryant to be the new CIO of its $1.8 billion endowment, effective July 1. Read our full privacy policy for more. 2015-2017. "It has been a great honor to oversee Bowdoin's endowment," said Volent. He will succeed Paula Volent, who announced in February that she intends to step down in June after more than 20 years in the position. Bowdoin College is pleased to announce that in-person events will be back this fall and the College looks forward to welcoming alumni, families, and friends for some of our most popular events and activities. Paula is unquestionably one of the most accomplished investment officers in the country, and we are thrilled that she has agreed to join us in this vital role, says Richard P. Lifton, Rockefellers president. [Meeting informally] provided a chance to collect first-hand information about departmental issues, faculty concerns, she said. Chicago, IL 60601, Guy's & St Thomas' Foundation picks Octopus Ventures leader as new CIO, Cedars-Sinai Medical Center could get $800 million after Merck acquires Prometheus, Princeton's endowment chief Andrew Golden to retire after almost 30 years, Sponsored Content: The Plan Sponsors Guide to Retirement Income, The Institutional Investors Guide to ESG Investing, The Plan Sponsor's Guide to Retirement Income, 2023 Defined Contribution East Conference. This week, the College released its annual endowment report for the 2020-21 fiscal year that ended on June 30, reporting a return of 57.4 percent. Before embarking on her career in investment management, Volent worked as an art conservator specializing in the conservation of art on paper. Register for your account and get started with our industry leading people contacts search engine. She has coauthored a study recently published in a peer-reviewed academic journal, in this case the Journal of Freshwater Ecology. The college offers 34 majors and 36 minors, as well as several joint engineering programs with Columbia, Caltech, Dartmouth College, and the University of Maine. Bowdoin is an independent, nonsectarian, coeducational residential, undergraduate liberal arts institution founded in 1794. Always free. From 2004 to 2008, Bryant was associate director of investments at the Carnegie Corporation of New York, one of the nations oldest private foundations, where he worked with Chief Investments Officer D. Ellen Shuman, a member of the Bowdoin Class of 1976. You will receive an email to complete the registration. The college's radio station, WBOR, has been operating since the early 1940s. In 2020, she was named one of the 100 Most Influential Women in U.S. Finance by Barrons. Before the members of the Board of Trustees convened in Beverley, Mass., this Thursday, they read a 60-page packet about Gen Z. United States, Maine, Brunswick, Boris Raykin has been with Bowdoin College for a few months and is in Higher Management, Boris's role is Manager: Director, Director of Investments. Bryant joined Bowdoins investment office in April 2020 as director of investments, following 16 years as an investment professional and earlier as an attorney specializing in capital markets and mergers and acquisitions. [25], U.S. News & World Report classifies Bowdoin as "most selective. A small writing-intensive course, called a first-year seminar, is also required. Trustees who work in other industries say they also bring valuable professional skills to the Board. Many trustees draw on their professional experiences to guide their work on the Board, especially those who work in the financial sector, given that the Boards primary responsibility is fiduciary. Last year, Bowdoin received 9,325 applications for approximately 500 spots in the first-year class. Bryant will succeed Paula Volent, who will step down at the end of June after more than 20 years on the job. [I try] to hear directly from not just those students who are the formal liaison, but someone who may be sitting out in front of a building, and maybe not expect to have me walk up and raise a point of conversation, so that I can better educate myself about whats happening on campus.. [35] The previous system, consisting of high honors, honors, pass, and fail, was devised primarily to de-emphasize the importance of grades and to reduce competition. Colleges Ranked By Average Student Brainpower", "25 New Ivies The nation's elite colleges these days include more than Harvard, Yale and Princeton. Previously, from 1981 to 1989, Mr. George was co-founder, Director, and Vice-President of Finance for Interleaf Inc. We'll never use your email for anything other than this newsletter. Please wait for the page to reload. These literary and intellectual societies were the dominant groups on campus before they declined in popularity after the rise of Greek fraternities. [43], Bowdoin College is accredited by the New England Commission of Higher Education. Currently, Page Wagley works as a Director, Investments at Bowdoin College. [citation needed], Wallace H. White, Jr., class of 1899, served as Senate Minority Leader from 1944 to 1947 and Senate Majority Leader from 1947 to 1949; George J. Mitchell, class of 1954, served as Senate Majority Leader from 1989 to 1995 before assuming an active role in the Northern Ireland peace process;[20] and William Cohen, class of 1962, spent twenty-five years in the House and Senate before being appointed Secretary of Defense in the Clinton Administration. James Grant, "Mr. I spend my professional life thinking about how institutions like Bowdoin and others can invest in order to earn the types of returns that they need to earn to support their spending, said John Thorndike 02, a trustee since 2011 who currently works in asset management at GMO, an investment firm based in Boston. . Bowdoin won the world championship in RoboCup 2007, beating Carnegie Mellon University, and finished 2nd in the 2015 US Open. "[54], Since abolishing Greek fraternities in the late 1990s, Bowdoin has switched to a system in which entering students are assigned a "college house" affiliation correlating with their first-year dormitory. Kibbie characterized the relationship between the faculty and the trustees as almost non-existent, save for the six faculty who sit on the Committee on Governance and Faculty Affairs and thus attend certain meetings with trustees. Posting Number S00771JP Department Investments Job Summary Founded in 1794, Bowdoin College is a highly selective liberal arts college with approximately 1,800 students. They report that alumni trustees used this time to meet informally with faculty. You are strongly encouraged to use a real name or identifier ("Class of '92"). (207) 725-3000 Company Bowdoin College Boris Raykin Current Workplace Boris Raykin has been working as a Director, Investments at Bowdoin College for 1 year. On June 30, 2020, the endowment was valued at $1.8 billion and provided $71.8 million to the annual operations of the College. Two are entrepreneurs and work in waste management and the food industry. [31] In fact, admission of minorities goes back at least as far as John Brown Russwurm 1826, Bowdoin's first African-American college graduate and the third African-American graduate of any American college. Bowdoin College has announced the appointments of a new admissions dean and a new chief investment officer. Thorndike worked as a financial analyst in Bowdoins investment office. [12], From its founding, Bowdoin was known to educate the sons of the political elite and "catered very largely to the wealthy conservative from the state of Maine. Niless exceptional experience and skills, his record of achievement, and his deep commitment to Bowdoins mission make him the ideal person to succeed Paula in this work that is vital for the College and especially for the students and families supported through our endowment returns, said Bowdoin President Clayton S. Rose. I have great confidence that the Bowdoin endowment will be in the very best of hands going forward. Haldeman and John Ehrlichman; and replaced his attorney general, Richard Kleindienst. In addition to running her own conservation business, she served stints with the National Gallery of Art in Washington, D.C., the Los Angeles County Museum of Art, the Palace of Fine Arts in San Francisco, and the New-York Historical Society, among other organizations. [53], Recalling his days at Bowdoin in a 2005 interview, Professor Richard E. Morgan (class of 1959) described student life at the then-all-male school as "monastic" and noted that "the only things to do were either work or drink". In September 2017, Schiller and his wife donated $10 million to renovate the Schiller Coastal Studies Center. In a recent Orient survey sent to current students, 353 of the 372 respondents reported that they do not feel connected to the Board of Trustees, 308 reported that they have never met any of the trustees and 310 reported that they felt they could not communicate with one or multiple trustees if they wanted to. What Were the 10 Best Stocks in the Last 5 Years? This spring, Olivia Groell 22 and Ridhika Tripathee 22 are re-starting a Bowdoin chapter of Active Minds, a national nonprofit organization that aims to increase mental health awareness on college campuses. Niless exceptional experience and skills, his record of achievement, and his deep commitment to Bowdoins mission make him the ideal person to succeed Paula in this work that is vital for the College and especially for the students and families supported through our endowment returns, said Rose. The applicant pool consisted of 9,332 candidates, up from 9,081 for the class of 2022. [48], The college was ranked 5th in the country by Washington Monthly in 2019 based on its contribution to the public good, as measured by social mobility, research, and promoting public service. The goal of our club is to spread awareness of mental health and to destigmatize talking about it. It was named for former Massachusetts governor James Bowdoin, whose son James Bowdoin III was an early benefactor. Ron Brady 89 P19 has advised current students on careers in the nonprofit sector. Quantifying sustainability the numbers, the data, and the people, Valuing Banks: Hidden Losses Versus Assets, Research for Institutional Money Management, Global Fixed Income: Volatility and Uncertainty Here to Stay, For institutional investors, ETFs can make meeting liquidity needs easier, Gold: the most effective commodity investment, 2021 Investment Outlook | Investing Beyond the Pandemic: A Reset for Portfolios, Ten ways retirement plan professionals add value to plan sponsors. Endowment Index Ends Second Straight Year at Record High, Tags: Bowdoin, CIO, Clayton Rose, Endowment, K. Niles Bryant, Paula Volent, Massachusetts Pension Fund Increases Corporate Diversity Standards, 702 King Farm Boulevard, Suite 400, Rockville, MD 20850 / +1 212-944-4455 /. That means a range of schools are getting fresh bragging rights", "Princeton Review: Bowdoin College Tops 'Best Campus Food' List", "Latest College Reading Lists: Menus With Pho and Lobster", "Who Has the Best Food? Investment Banking Analyst. Bowdoin College Names K. Niles Bryant CIO, Massachusetts Pension Fund Increases Corporate Diversity Standards, What Happens if US Debt Defaults? Bryant will take the helm a little more than a year after joining Bowdoins investment office. The school announced Thursday that Volent, who had served as the endowment's investment chief since 2000,. Hawthorne-Longfellow Hall 207-725-3712 eorlic@bowdoin.edu. Women hold only 14 of the Boards 40 current seats. Investor Type Investment Partner Harry has more than 35 years experience in founding, operating and investing in successful rapid growth technology-related companies. He earned his law degree at the Duke University School of Law in 1998 and his MBA in 2003 at Dartmouth Colleges Tuck School of Business. As of June 30, 2020, the three-, five-, and 10-year annualized returns for Bowdoins endowment were 10.7 percent, 8.5 percent, and 11.6 percent, respectively all in the top fifth percentile among comparative college and university annualized returns, where the respective median returns were 5.2 percent, 5.0 percent, and 7.4 percent. Amy C. Falls, Rockefeller University's current vice president and CIO, was named on Feb. 19 as the new vice president and CIO at Northwestern University, where she will begin overseeing the Evanston, Ill.-based university's $12.2 billion long-term pool of endowment assets sometime in the spring. The Bowdoin Globalist transitioned to a digital-only platform in 2015 and changed its name to The Bowdoin Review. Get access to the news, research and analysis of events affecting the retirement and institutional money management businesses from a worldwide network of reporters and editors. The College relies on community membersincluding alumni, faculty and former and current trusteesto recommend qualified candidates. Bowdoin has over 30 varsity teams, and the school mascot was selected as a polar bear in 1913 to honor Robert Peary, a Bowdoin alumnus who led the first successful expedition to the North Pole. Of the total endowment distribution in 20192020, approximately $33 million supported financial aid, accounting for approximately three-quarters of Bowdoins $45 million financial aid budget in the last fiscal year.
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