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Columbia College Chicago Endowment Fund

Name: Columbia College Chicago

Assets Under Management: $434.8 Million (Source: Columbia College Chicago on 8/6/2014)

Annual Report: Columbia College Chicago Financial Statements August 31, 2014 and 2013 (With Independent Auditors’ Report Thereon)

Portfolio Insights: “Columbia College Chicago (the College) is a private, not-for-profit, fully accredited college offering comprehensive academic programs in the performing, visual, communications, and writing arts within a liberal arts framework.

The College’s endowment includes both donor-restricted endowment funds and funds designated by the Board of Trustees to function as endowments. Net assets associated with endowment funds, including funds designated by the Board of Trustees to function as endowments, are classified and reported based on the existence or absence of donor-imposed restrictions.” (Source)

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Top Columbia College Chicago Endowment Fund Headlines:

1) Kwang-Wu Kim, D.M.A., is president and chief executive officer of Columbia College Chicago. He is the 10th president in the 123-year history of Columbia College. Appointed by a unanimous vote of the Board of Trustees and the Presidential Selection Advisory Panel, President Kim has served in this role since July 1st, 2013.

A native Chicagoan, President Kim is an outspoken advocate for the arts and a proponent of expanding the role of creative practice in society and he is deeply committed to preparing students to be creative agents in society.

With more than 30 years of experience in performance, teaching and administration, President Kim was most recently dean and director of the Herberger Institute for Design and the Arts at Arizona State University, which comprises the schools of Art; Arts, Media and Engineering; Dance; Design; Music; and Theatre and Film, as well as the ASU Art Museum. As dean and director, he led a faculty and staff of 500, serving over 5,000 students, and held a tenured professorship in the School of Music. While at Arizona State University, he led the development and creation of a new cross disciplinary B.A. in Digital Culture also securing $20 Million in private support to fund the initiative. (Source)

2) Columbia College Chicago is an undergraduate and graduate institution whose principal commitment is to provide a comprehensive educational opportunity in the arts, communications, and public information within a context of enlightened liberal education.  Columbia’s intent is to educate students who will communicate creatively and shape the public’s perceptions of issues and events and who will author the culture of their times.  Columbia is an urban institution whose students reflect the economic, racial, cultural, and educational diversity of contemporary America.  Columbia conducts education in close relationship to a vital urban reality and serves an important civic purpose by active engagement in the life and culture of the city of Chicago. (Source)

3) Columbia College Chicago is one of the nation’s foremost arts and media schools because of its history of strong and committed leadership. On July 1, 2013, Dr. Kwang-Wu Kim became Columbia College’s 10th president.

Under the previous administration, from 2000 through June 2013, Dr. Warrick L. Carter reorganized the college’s academic structure, directed the creation of a long-range strategic plan that calls for Columbia to be “the best student-centered arts and media college in the nation,” increased the number of scholarships by 700, and superintended enrollment growth of more than 30 percent. (Source)

4) Columbia College Chicago is growing more prestigious every year with the addition of President Kim’s new plans. The new programs being introduced is just the beginning and truly providing students with newer opportunities like never before. The new professors who are coming in for each major is changing the entire game. Nothing beats the location! (Source)

5) The Leadership Institute offers students an opportunity to creatively practice leadership skills in the areas of arts, communications and culture in order to leverage the full value of contemporary urban education. This program is designed to foster imagination by way of leadership development and enhance the students’ ability to pave a path to personal and professional success. The vitality of this program emerges from the workshops, self-reflection and exploration of the vibrant city of Chicago, all of which serve as catalysts in developing Columbia student leaders. (Source)

About Richard C. Wilson