MIT’s endowment generated a return of 3.2 percent for the fiscal year ending June 30, 2008, an increase of $88 million from the previous year, according to the MIT Investment Management Company. The endowment’s annualized return for the past 10 years has been 13.2 percent.
Student must take full responsibility for their actions even while celebrating traditions such as hacking, Chancellor Phil Clay wrote in an e-mail to MIT students Wednesday, Clay also wrote that students should avoid academic dishonesty and illegal downloading. A nearly identical e-mail was sent out this time last year.
The State of the Institute Forum, featuring speeches by President Susan Hockfield, the provost, chancellor, and executive vice president and treasurer, will be held Monday, Sept. 29 at 11 a.m. in Kresge Auditorium. Lunch in Kresge Lobby will follow.
MIT received a B+ overall on the 2009 College Sustainability Report Card. The Institute scored an A for most components of the report card, including student involvement, investment priorities, and transportation. Notably, it also received an F in one category: endowment transparency.
The new Grad Rat design will be unveiled next Wednesday, Oct. 1 from 7-10 p.m. in Walker Memorial. The graduate ring is redesigned every five years.
Fred Festival Postponed: The WMBR and East Campus music festival, which was supposed to be held tomorrow, has been postponed due to inclement weather.
MIT Cable now shows Big Ten TV on channel 20. The channel carries events from the Big Ten college athletics conference, which has 11 members. A schedule is available online at http://bigtennetwork.com/schedule/. Stay tuned for more new channels soon!
MIT Athletics Weekend, held tomorrow rain or shine, will showcase the Institute’s intercollegiate teams and student athletes, and will include athletic events, prizes, food, and contests for students. For a schedule of events, see: http://mitathletics.cstv.com/genrel/092208aac.html.
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