At March’s Faculty meeting, and again at an April meeting for administrative and financial officers, Provost L. Rafael Reif presented planning models of the Institute’s budget deficit out to the year 2020, based on various endowment returns. These graphs show the budget without this fiscal year’s cuts (left) and with cuts (right), in the face of four scenarios of long-term endowment return: 8.25 percent (green), 7 percent (blue), 5 precent (red), and 3 percent (purple).This data does not incorporate planned cuts for fiscal year 2011 (the 2010-2011 academic year).
At March’s Faculty meeting, and again at an April meeting for administrative and financial officers, Provost L. Rafael Reif presented planning models of the Institute’s budget deficit out to the year 2020, based on various endowment returns. These graphs show the budget without this fiscal year’s cuts (left) and with cuts (right), in the face of four scenarios of long-term endowment return: 8.25 percent (green), 7 percent (blue), 5 precent (red), and 3 percent (purple).This data does not incorporate planned cuts for fiscal year 2011 (the 2010-2011 academic year).
