The Heights

BC Unlikely to Consider Fossil Fuel Divestment, UGBC Senator Shares

Jack Beckman • April 3, 2024

The primary goal of Boston College’s investments is to grow the University’s endowment, not to champion social or political causes like divestment, Lindsay Meier, environmental and sustainability policy coordinator, shared at the UGBC Senate meeting on Tuesday night.

Boston College Has a Responsibility To Make Its Investment Portfolio More Transparent

The Heights Editorial Board • January 30, 2023

Boston College’s profile of its $3.7 billion endowment is short, vague, and far from informative. The University has a moral responsibility to change this.

BC’s Endowment Slightly Dips from $3.8 to $3.7 Billion

Erin Shannon • October 16, 2022

Boston College’s endowment slightly dipped from around $3.8 billion to $3.7 billion—an approximate $60 million drop—in the past fiscal year, according to the University’s financial statements.

A Look Inside BC’s $3.8 Billion Endowment

Erin Shannon and Haley Hockin • October 31, 2021

In the 1970s, when Boston College’s endowment hovered around $5 million, it would have been difficult to predict the powerhouse that BC’s endowment would eventually become. This past fiscal year, the endowment reached its all-time high: $3.8 billion.

BC Endowment Increases by $1.2 Billion in Past Year

Erin Shannon • October 8, 2021

The large gains reflect significant returns on BC’s investments, according to the Boston Business Journal.

New BC Fact Book Shows Endowment Falls

Owen Fahy • February 3, 2020

The 2019-2020 Fact Book details $93.3 million decrease in endowment, a two-acre expansion of campus, and an increase in AHANA+ undergraduates.

Climate Justice BC Referendum to Appear on UGBC Ballot

Grace Christenson • February 11, 2019

This year, the question “Should Boston College withhold investments from the fossil fuel industry?” will appear on the presidential elections ballot for the Undergraduate Government of Boston College.

University Pans Gonzalez Endowment Tax Plan

Colleen Martin • September 19, 2018

Jay Gonzalez, the Democratic nominee for governor of Massachusetts, has proposed levying taxes on major universities’ endowments—including that of Boston College's, according to The Boston Globe.

Endowment Grows 10.7 Percent in the Latest Fiscal Year

Jack Miller • September 3, 2018

Boston College’s Executive Vice President Michael Lochhead announced Wednesday at University Convocation that the endowment posted a 10.7 percent return on investment during the last fiscal year that...

Filings Show Coach, Admin Salaries

Steven Everett • April 18, 2018

Football head coach Steve Addazio received $2,514,859 in total compensation and men’s basketball head coach Jim Christian received $1,480,826.

Investment Guidelines Still in Effect, Contrary to BC Webpage

Cole Dady • February 5, 2018

“The University is engaged in a web redesign effort that began in 2015,” University Spokesman Jack Dunn said in an email. “The Ethical Investment Guidelines remain in full effect and will likely be a component of the new Treasurer’s Office website when it is launched.”

Tax Legislation Could Have Less Impact at BC Than Initially Feared

Charlie Power • January 25, 2018

The final version of the Tax Cuts and Jobs Bill Act, enacted on Jan. 1, may not be as damaging to the University as initially feared.