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Lafayette College Endowment Fund

Name: Lafayette College

Assets Under Management: $1.206 Billion (Source: Lafayette College on 6/30/2014)

Annual Report: Lafayette College Financial Statemets Years Ended June 30, 2014 and 2013

Portfolio Insights: “Lafayette College (the College), located in Easton, Pennsylvania, is an independent coeducational institution offering undergraduate bachelor of arts, science andengineering degrees. The College had an average enrollment of 2,420 and 2,413 full-time students, of which approximately 90% lived on campus for the years ended June 30, 2014 and 2013, respectively. The financial statements of the College have been prepared on the accrual basis of accounting.” (Source)

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Top Lafayette College Endowment Fund Headlines:

1) Lafayette College has developed a campus energy policy and has also incorporated sustainability into its master plan. The campus sustainability manager, along with other staff, supervises green renovation and construction. In addition, the college’s green purchasing policy promotes procurement of Energy Star and recycled paper products. Sustainability issues are incorporated into new employee orientations. (Source)

2) Lafayette is a top American Liberal Arts College that offers a wide range of undergraduate degree programmes, including engineering. It has one of the highest endowment-per-student rates with significant resources to fund student research and provide opportunities for study abroad, internships and field work. (Source)

3) Easton, Pa.-based Lafayette College has picked Joseph Bohrer as the first cio for its $800 million-plus endowment. Bohrer joins the liberal arts institution from the Alfred P. Sloan Foundation, where he was an investment director. (Source)

4) Lafayette College has announced new members and other changes to its board of trustees, effective July 1. Alumni Carl G. Anderson Jr. of Wilton, Conn., Harold N. Kamine of Oldwick, N.J., and Nancy J. Kuenstner of Summit, N.J., were elected in May to five-year terms. Also Lawrence J. Ramer, Class of 1950, who has served as board chairman since 1992, will continue in that position until June 30, 2001, when his term as trustee will end. Thomas F. McGrail, Class of 1955 of Chadds Ford, Delaware County, the retired president of General Products Group, ICI Americas Inc., was elected vice chairman, and Riley K. Temple, Class of 1971, a partner in the law firm of Halprin Temple Goodman Maher of Washington, D.C., has been elected secretary. Both positions are for two-year terms. McGrail succeeded Lucy Wilson Benson of Amherst, Mass., as vice chairman. Benson was one of two retiring trustees elected to emeritus status. The other was Alan D. Pesky, Class of 1956 of Ketcham, Idaho. (Source)

5) Lafayette College invites nominations and applications for the position of Vice President for Development and College Relations, the College’s chief advancement officer. One of the nation’s most academically competitive and selective residential undergraduate institutions, Lafayette offers a rare combination of programs in the liberal arts and in engineering. Lafayette seeks a strategic and forward-looking leader to work in partnership with its distinguished alumni, board, faculty, senior administrative colleagues, and President Alison Byerly. (Source)

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