Monday, July 13, 2020

Endowments and Canceling Fall Sports

JULY 13, 2020 | written by STEVE ULRICH
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1.  Endowments and Canceling Fall Sports

Students reveal financial fears as they embark on university life

Is there a correlation between the size of an institution's endowment and the decision (as of July 10) to not conduct athletics during the 2020 fall semester?

Top 10 Division III Endowments (in billions)
  1. MIT ($17.569) *
  2. Chicago ($8.263)
  3. Washington U. ($7.953)
  4. Emory ($7.872)
  5. Johns Hopkins ($6.275)
  6. New York U. ($4.345)
  7. Cal Tech ($2.975)
  8. Williams ($2.888) *
  9. Carnegie Mellon ($2.542) *
  10. Amherst ($2.473) *
Top Endowments - Division III Liberal Arts Institutions (in billions)
  1. Williams ($2.888) *
  2. Amherst ($2.473) *
  3. Pomona ($2.324) *
  4. Wellesley ($2.173) *
  5. Swarthmore ($2.131) *
  6. Grinnell ($2.069) *
  7. Smith ($1.913) *
  8. Bowdoin ($1.743) *
  9. Washington and Lee ($1.676) *
  10. Berea ($1.218)
* canceled fall competition

Other Institutions That Cancelled (in millions)
  • Case Western ($1,866,500)
  • Middlebury ($1,157,786)
  • Wesleyan, Conn. ($1,004,806)
  • Hamilton ($969,362)
  • Oberlin ($943,469)
  • Bryn Mawr ($907,976)
  • Carleton ($892,353)
  • Claremont-McKenna ($865,475)
  • Mount Holyoke ($794,204)
  • Rensselaer ($739,648)
  • Yeshiva ($665,001)
  • Trinity, Conn. ($623,153)
  • Haverford ($529,487)
  • Scripps ($375,585)
  • Bates ($329,723) 
  • Connecticut College ($313,510)
  • Pratt Institute ($215,667)
  • Pitzer ($144,365)
  • Sarah Lawrence ($117,046)
  • TCNJ ($32,189)
  • Bay Path (approx $31,000)
  • Cazenovia, Mass Boston, SUNY Purchase (N/A)
Top Endowments of Liberal Arts Schools That Have Not Cancelled
  1. Berry ($1,058,605)
  2. Denison ($877,592)
  3. Colby ($869,927)
  4. Macalester ($770,782)
  5. Colorado College ($766,910)
  6. DePauw ($730,341)
  7. Principia ($707,266)
  8. Whitman ($565,256)
  9. St. Olaf ($544,840)
  10. Wheaton, Ill. ($503,366)

>> Bottom Line: We're not making any conclusions here. But it does appear that schools with smaller endowments are waiting to make their final decisions.


2. Wesley Acquired by Delaware State

by Andy Walter, Delaware State News

"Wesley College now knows that its future lies as part of Delaware State.

And there’s a lot of details that need to be worked out in the coming school year as Wesley becomes part of DSU.

But Wesley officials also said on Thursday that they expect athletics to remain a part of its future.

“Our athletic programs are focused on being the best we can be this year and in the years to come as part of the DSU system,” said Wolverines athletic director Tracey Short.

Wesley has a proud tradition with our athletic programs of being successful in our conferences as well as regionally and nationally. As their D-III affiliate, we believe we can have even more success in the future.”

>> Situational Awareness: “This is an unprecedented landmark in the long history of HBCUs. No HBCU has ever acquired a non-HBCU institution before, but I am not surprised that Delaware State University is leading the way,” Harry Williams, CEO of the Thurgood Marshall College Fund, said in a press release.

>> What They're Saying: “I want to be very clear about that,” said Dr. Tony Allen in the two schools’ joint video press conference on Thursday. “I think Wesley’s brand has a lot of equity in the Dover community and in Delaware more specifically. How we use that equity is yet to be determined but I can assure you that we will use it."

>> Be Smart: "With all that in mind, Clark said Wesley plans to proceed as normally as it can with its athletic programs this coming school year. He said the school’s acquisition by Delaware State hasn’t changed how the Wolverines see the future."

>> Continue Reading
>> Go Deeper


3.  Blanket Waiver for Participation

by Jeremy Villanueva, NCAA


"Division III student-athletes will not be charged with participation for the 2020-21 season if their team can complete only 50% or less of the sport’s maximum contests/dates of competition due to the ongoing impact of the COVID-19 pandemic.

The Division III Administrative Committee on Wednesday approved a recommendation from the Division III Committee on Student-Athlete Reinstatement to provide a blanket waiver in all sports that are unable to reach the 50% threshold, providing student-athletes with the option of extending their participation.

The committee noted that schools may be forced to shorten athletics seasons due to health and safety concerns, as well as related administrative concerns. Amending the criteria for a season-of-participation waiver would ensure student-athletes have four meaningful seasons of participation opportunities. The proactive blanket waiver allows student-athletes to make informed enrollment decisions prior to the academic year.

Student-athletes whose teams complete more than 50% of the sport’s maximum contests/dates of competition during the 2020-21 season would not be eligible for the blanket waiver, regardless of whether the student-athlete competed in 50% or less of the season.  However, individual waiver requests could be pursued on a case-by case basis."

>> Keep Reading


4.  Tracking the Fall

Follow along with the schools and conferences that have announced fall decisions at


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5. Calendar
  • July 15 - Playing and Practice Seasons subcommittee
  • July 16 - Interpretations and Legislation committee
  • July 18-19 - Student-Athlete Advisory committee
  • July 20-21 - Management Council
  • July 21-23 - Baseball Rules committee
  • July 28 - Playing and Practice Seasons subcommittee
  • July 31 - Today's Top 10 Award nomination deadline
  • August 3 - Presidents Advisory Group
  • August 4 - COVID-19 and Waiver Update webinar
  • August 5 - Presidents Council


6.  Comings and Goings
7.  1 Snack Thing 

Grilled chocolate sandwiches. Photo: James Ransom. Licensed by Axios.

Behold the grilled chocolate sandwich, "a longtime favorite snack of children in Spain. Star chef and humanitarian hero José Andrés has popularized a dish of fancy chocolate on grilled bread drizzled with olive oil," Bloomberg reports.

  • "Inspired by him, [food writer Charlotte] Druckman arrived at her version."

Why it matters: It's chocolate subbed in for cheese — what's not to like?

- courtesy of Axios.



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