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Prudent investments shield endowment

Although Swarthmore’s endowment of approximately $1.4 billion has dropped to just under $1.2 billion because of the recent economic crisis, administrators say Swarthmore will fare relatively well in the coming months due to its prudent investment policies.

According to an October 21 memo by Vice President for Finances and Treasurer Suzanne Welsh, the college’s financial management policies focus on sustainability through difficult times. These policies, such as investing much of the endowment …

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