Endowments Fall

 

written by STEVE ULRICH your must-read briefing on what's driving the day in NCAA Division III >> Hello Monday. Happy Presidents Day! >> Thanks for reading D3Playbook. Help us keep this site free. Support our advertisers and click on their links.    Sign me up for D3Playbook TOP STORY 1. Endowments Fall   "In one of the most challenging periods for equity and fixed income assets in recent years, investment performance for college and university endowments dipped sharply in fiscal year 2022, along with a drop in overall asset values. Yet endowments reported providing $25.85 billion in FY22, with the largest percentage of spending supporting student financial aid. Those are among the key findings of the 2022 NACUBO-TIAA Study of Endowments®, the preeminent analysis of the financial, investment, and governance policies and practices of the nation’s higher education endowments and affiliated foundations. This year’s study reflects the responses of 678 institutions and covers the fiscal year July 1, 2021–June 30, 2022." Top 10 Endowments of Division III Members (in $1,000s) MIT, $24,739,862 (-10.13%) Washington U., $12,252,329 (-9.48) Emory, $9,997,742 (-9.37) Johns Hopkins, $8,244,472 (-11.50) New York U., $5,148,741 (-7.64) Carnegie Mellon, $3,856,808 (-2.79) Caltech, $3,365,000 (-4.47) Williams, $3,534,369 (-15.26) Amherst, $3,321,853 (-12.01) Wellesley, $2,846,865 (-12.05) Top 10 DIII Liberal Arts Colleges Williams, $3,543,369 (-15.26%) Amherst, $3,321,853 (-12.01) Wellesley, $2,846,865 (-12.05) Pomona, $2,749,865 (-9.40) Swarthmore, $2,725,238 (-6.00) Grinnell, $2,484,419 (-15.25) Bowdoin, $2,474,541 (-9.01) Smith, $2,467,996 (-3.56) Washington and Lee, $1,998,334 (-4.50) Wesleyan, Conn., $1,485,020 (-5.57) DIII Endowment per Student MIT, $2,090,222 Amherst, $1,685,364 Swarthmore, $1,650,659 Williams, $1,607,993 Pomona, $1,563,312 Caltech,$1,516,479 Grinnell, $1,437,742 Bowdoin, $1,269,647 Principia, $1,244,955 Wellesley, $1,196,665 >> A Closer Look: D3Playbook will take a deeper dive into DIII endowments throughout the week. Tomorrow, we look at the rises and drops in market value. A MESSAGE FROM MORNING BREW   2.6 million people wake up to this newsletter every morning There's a reason over 2.6 million people start their day with Morning Brew - the daily email that delivers the latest news from Wall Street to Silicon Valley. Business news doesn't have to be dry and dense...make your mornings more enjoyable, for free.   Check it out! TRACK AND FIELD 2.  Record-Breaking Weekend Birgen Nelson of Gustavus Adolphus did more than qualify for the 60-meter-hurdles final of the U.S. Indoor Championships on Saturday in Albuquerque, New Mexico. Nelson smashed her own NCAA Division III record with a time of 8.33 in the heats. That bettered her own 8.38 from early December. The NCAA DIII record was 8.44 before this indoor season. Nelson finished sixth in the final at 8.42, giving her five of the fastest times in NCAA DIII history. Sam Blaskowski of UW-La Crosse added a second outright NCAA Division III indoor record to his resume at the U.S. Indoor Championships Saturday in Albuquerque, New Mexico. That was before matching the record performance. In the semifinals of the 60 meters, Blaskowski advanced to the final with a 6.67 clocking. That bettered the 6.68 DIII record he shared from two weeks ago with UW-Eau Claire’s Thurgood Dennis from 2014. Blaskowski equaled the 6.67 record in the final, finishing fifth. Blaskowski already owned the DIII indoor 200 record at 21.13 from late-January. SWIMMING 3.  Conference Champions The second of two huge weekends of conference swimming and diving championships came to a close with the crowning of team champions. AMCC - Alfred State (M/W) American Rivers - Luther (M/W) CCIW - Augustana (M), Wheaton (W) Centennial - Swarthmore (M/W) Empire 8 - Alfred (M), Nazareth (W) Landmark - Catholic (M/W) Liberty - RIT (M), Ithaca (W) Little East - Bridgewater State (M), Keene State (W) Metro - TCNJ (M), Mary Washington (W) MIAA - Calvin (M), Hope (W) MIAC - Gustavus Adolphus (M), St. Catherine (W) Midwest - Grinnell (M/W) NESCAC (M) - Williams NEWMAC - MIT (M/W) Ohio - John Carroll (M/W) Presidents - Grove City (M/W) SUNYAC - Geneseo (M/W) WIAC - Stevens Point (M), Eau Claire (W) A MESSAGE FROM GOLDBELLY   WE SHIP AMERICA'S MOST LOVED FOODS NATIONWIDE Experience America's most iconic regional foods with $15 OFF your first order of $50 on Goldbelly! Use promo code SWAPSTACK Shop Goldbelly Now Powered by Swapstack NEWS  4.  Lightning Round      Basketball (M) Congrats to former Amherst men's basketball coach David Hixon on being named a finalist for the Basketball Hall of Fame Class of 2023.   Baseball #4 Birmingham-Southern exploded for four runs in the second inning and four more in the fourth to defeat #3 LaGrange, 9-5.   Christina Elsbury pitched in the second game of a doubleheader vs. Elmira, becoming the first woman to play for Gallaudet.   News Congratulations to Amber Thomas from the Centennial Conference and Lindsey Kellar of Illinois Wesleyan who were honored by NADIIIAA. Thomas received the Emerging Athletic Administrator Award, while Kellar received the Transitioning Athletic Administrator Award    Happy Birthday Cake and candles for Jill McCabe, AD, Marymount; Nathan Baliva, SID, Monmouth; Ray Bishop, Moravian, board member. Belated wishes to Jeff Bowers, Toni Bickford and Trish Doherty at Virginia Wesleyan. Do you know of someone celebrating a birthday soon? Drop us a line at D3Playbook@gmail.com. TRANSACTIONS 5.  Comings and Goings   AUGSBUG - Mike Navarre retired as head women's soccer coach CONCORDIA (Wis.) - Carly Wehling named head women's volleyball coach HOBART - Ken Dougherty announced his retirement as head golf coach at the conclusion of the season MINNESOTA MORRIS - Announced addition of men's swimming and diving as a varsity sport next season. Dave Molesworth named head coach. Also announced sponsorship of men's tennis will end at conclusion of season. MUSKINGUM - Corey Kirk named head men's soccer coach SAGE - Sandy Augstein-Collins announced her retirement as head women's volleyball coach UW-PLATTEVILLE - Announced that head wrestling coach Trevor Kittleson and assistant Matthew Randone are no longer employed by the school. Chris Walter will serve as acting head coach YORK (N.Y.) - Huey Ferguson named business development manager   Thanks for starting your day with us. 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