2015–16

TABLE OF CONTENTS

2INSPIRED BY ORIGINALS

A Message from CC’s President and Board of Trustees Chair

4INNOVATION AT CC FOSTERS BIG THINKING, BIG ACTION

Programming Appeals to Students of All Backgrounds

8REACHING NEW HEIGHTS

Mellon Foundation Grant Strengthens Arts Education, Builds on CC, FAC Alliance

10OPENING DOORS TO CC AND THE WORLD

Scholarships Make it Possible for Bara Hanzalova ’17

12CC’S ENDOWMENT PERFORMANCE

A Report from CC’s Senior Vice President for Finance and Administration

16BOARD OF TRUSTEES

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C C A N N U A L R E P O R T

Each November, Colorado College publishes an annual report for our donors. This report summarizes our endowment performance and highlights some of the moments that helped shape the year. It’s also an opportunity to express our gratitude for your investment in the college.

A CC education prepares students to be nimble and adaptable leaders of the future, who dare to take risks in order to make a difference in the world. In the last two years, Colorado College alumni, John Novembre ’00 and Anne Basting ’87, have been recognized as MacArthur Fellows — “geniuses” whose trailblazing work in their respective fields, population genetics and theatre arts with the elderly, make them leading thinkers of our time. They are not alone. CC has an amazing record of success in producing true originals.

Artist Adriane Ohanesian ’08 is a freelance photographer honored with the Anja Niedringhaus Courage in Photojournalism Award for her “evocative images and tenacious dedication to documenting the effects of conflict in perilous regions.” Innovator Ryan Banagale ’00, a CC assistant professor of music, has received numerous grants and awards to further his research on artists like George Gershwin and Billy Joel. Entrepreneur Bob Kline ’79 recently sold his company ViroCyt, an enterprise at the forefront of the field of rapid virus quantification.

With the original approaches and successes of people like John, Anne, Adriane, Ryan, and Bob in mind — and so many other members of CC’s community — we are inspired to emphasize the following strategic initiatives in the year ahead:

I N S P I R E D B Y ORIGINALS

SCHOLARSHIPS FOR COLORADO COLLEGE STUDENTS

Simply put, we aspire to admit and support students who are independent thinkers, creators, and doers — regardless of their socioeconomic background. Our goal is to raise $90 million, which will create 160 new scholarship endowments and move CC one-third of the way toward becoming a need-blind institution. To that end, an anonymous donor generously created the CC Endowed Scholarship Challenge 101, which you can read about on page 10.

THE COLORADO SPRINGS FINE ARTS CENTER AT COLORADO COLLEGE

This past year, Colorado College seized a unique opportunity to form an alliance with the Colorado Springs Fine Arts Center. This cultural gem offers many possibilities for our students to learn from the art, artifacts, and culture of the Southwest through the museum, and to be a part of vibrant performing arts and arts education programs. The alliance supports the missions of both organizations while expanding learning opportunities, arts programming, and cultural resources for our students and our region. The partnership has been positively received by the Colorado Springs and campus communities, and while only recently announced, has garnered $3.5 million in significant grants from national and local foundations: The Andrew Mellon Foundation, the Marie Walsh Sharpe Art Foundation, and the John and Margaret Lane Foundation. Read more about this on page 8.

D E A R F R I E N D S ,

A Message from the President and Chair of the Board of Trustees

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2015–16

for a reversible geothermal pump that will provide heating and cooling for the library. The new library will be a net-zero energy building: the largest net-zero library in the country! Our fundraising goal for the library renovation project is $25 million (of the total $45 million project cost).

ANNUAL GIVING AND YOUR PARTICIPATION

Our vision for CC is to enhance our program, our place, and our people. Your support of these priorities, and other distinctive elements of a Colorado College education, helps our students to thrive. Your consistent philanthropic support of CC, at any level, helps to bring this vision to life. Annual gifts from alumni, parents, faculty, staff, and friends of the college matter greatly.

Thanks to your support during the past year, Colorado College is flourishing. Ours is a community of original and inspiring people, and your investments in scholarships, the Tutt Library renovation, our partnership with the Colorado Springs Fine Arts Center, and creating a space for innovation help Colorado College build upon our strengths. CC nurtures bold, optimistic, and trailblazing individuals: people who have a knack for doing things a little bit differently and making a positive impact. With your help, we can do even more.

THANK YOU.

Sincerely,

INNOVATION AT COLORADO COLLEGE

Our Block Plan and Rocky Mountain location are key to what makes CC original, in part because these attributes draw special people to the college. Last year, Forbes identified CC as the 3rd “Most Entrepreneurial College in America” because of the large number of alumni who have founded or run their own businesses or nonprofits. This objective assessment of what we know about CC people affirms our commitment to innovation and entrepreneurship. An anonymous alumnus endorsed our efforts, and gave $8.5 million to support innovation programming at Colorado College. Of that gift, $6 million will help to fund an innovation center, a new building that will provide the tools, technology, and support to empower students at every stage of the creative process. We envision a dynamic place where students can work on projects night and day, and get advice from mentors who can help them bring their ideas to life. See page 4.

OUR LIBRARY FOR THE BLOCK PLAN

Building on the foundation of the liberal arts and the originality of our Block Plan, Colorado College offers an education that meets the needs of this generation of students. The building central to our learning and teaching mission, our library, is undergoing a major renovation and expansion. When it re-opens next fall, the project will add 25,000 square feet of interior space, double the number of seats for our students, and provide our students with comfortable, open, naturally lit space for studying and collaborating (and of course there will be coffee!). Technology will be integrated throughout the building so that academic support can keep pace with the intensity of the Block Plan and students and faculty away from campus on a block abroad or doing field study can stay connected. This is the first library ever built for the Block Plan.

The library project also highlights our commitment to sustainability. This past summer, 80 geothermal wells, each approximately 400 feet deep, were drilled on Armstrong Quad

JILL TIEFENTHALER President

EBEN S. MOULTON ’68Chair, Board of Trustees

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C C A N N U A L R E P O R T

Programming Appeals to Students of All Backgrounds

olorado College, long recognized for the uniqueness of its Block Plan and named the nation’s third most entrepreneurial college in 2015 by Forbes, takes an intentional approach to innovation. Housed in the Morreale Carriage House, innovation programming at Colorado College comprises students, faculty, and staff and involves the broader community, including University of Colorado-Colorado Springs, the U.S. Air Force Academy, Pikes Peak Community College, Pikes Peak Makerspace, and the Cultural Office of the Pikes Peak Region.

An anchor gift of $8.5 million in 2015 from an anonymous CC graduate, with $6 million slated for construction of a building and $2.5 million for a chaired professorship in innovation and programming support, gave Innovation at CC an initial boost. The college is seeking another $8 million for a future purpose-built facility on

campus, which is envisioned as having a product realization laboratory, a recording studio, an idea space, and a food ecology laboratory.

“The innovation program helps students from any academic background translate what they have learned in the classroom into ideas for impact. It’s going to be an exciting year of program-building and student engagement as we explore opportunities for social engagement, social start-ups, art and cultural innovation, and incubation,” says Emily Chan, associate dean of Academic Programs and Strategic Initiatives and associate professor of psychology.

Dez Stone Menendez ’02 began her role as director of CC’s innovation program in September. Prior, she founded the Possibility Room, which began as a startup incubator in Seattle.

I N N O V A T I O N A T C CFOSTERS BIG THINKING,

BIG ACTION

C

5

2015–16

“I am honored to be in this position and I see it as an opportunity to create a container for young people to take risks and experiment with their ideas,” says Menendez.

More than 200 students participated in innovation-oriented events, mentoring, and classes in 2015-16. They sought advice from experience-rich innovators-in-residence, connected with start-up leaders at Innovation Thursdays and Innovative Minds events, and filled the Dynamic Half-Block Startup Crash Course and EV120 Topics in Environmental Science course on drones, remote sensing, and startup innovations.

Since its inception in 2013, the program’s annual Big Idea pitch competition has awarded a total of $200,000 to 16 teams. Altogether, 50

teams have vied for $50,000 in seed funding by presenting their ideas to a panel of judges during a popular public event. Fine-tuning their ideas and honing their pitch provides students with valuable experience, whether or not they make the cut for the Big Idea event.

In 2016, three teams split the Big Idea prize: King of the Sea, to grow a market for consumption of lionfish, exotic seafood that has negatively impacted oceanic ecosystems; Neonic, for developing an interactive way in which each concert-goers’ smartphone taken together creates a unique crowd-sized canvas of art and allows attendees to become part of the performance; and Spindle, for creating a sleep mask to improve memory retention and enhance brain function.

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rtesy

of D

ez S

tone

Men

ende

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2

Dez Stone Menendez ’02 is director of CC’s innovation program.

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C C A N N U A L R E P O R T

uring Neonic’s Big Idea pitch, Nick Ravich ’19 showed photographs of a huge crowd in an extravaganza of lights and smoke.

“This is crazy. This doesn’t help you listen to music; it’s just total stimulus overload but it’s absolutely what people expect now,” said Ravich, who handles business operations.

The Neonic plan to turn the audience’s smartphones into pixels to paint a lightshow of ripples, waves, and psychedelic colors harks back to Woodstock when the audience used cigarette lighters to encourage a singer onstage.

“The Neonic brand is about taking what people loved at Woodstock and putting it into every concert in the 21st century,” Cormac Siegfried ’19, founder and CEO, said during the pitch.

Rounding out the Neonic team are Sam Miller, founder/COO/CFO; Greg Williamson ’19, designer and filmmaker; Noelle Edwards ’19, social creator; and Mishig Davaadorj ’19 and Malcolm Gabbard ’19, coders. Miller earned a bachelor’s degree in mechanical engineering from Pennsylvania State University and led engine analyst teams at Honda before co-founding Neonic.

“It was recently proven that the attention span of a Millennial is now no joke shorter than that

of a goldfish,” said Ravich in the pitch.They described their platform as “as easy to use as a right swipe,” perfect they say for the attention span of “goldfishy Millennials.” They could have focused their pitch on technology and financials, but Patrick Bultema, former executive director of Innovation at CC and current student mentor for the Big Idea, had a better suggestion for impressing Big Idea judges.

“Patrick said, ‘you’re an energetic company, pitch your energy.’ That freed us,” Siegfried says.

“I’ve tried to strike a balance of being encouraging and supportive but at the same time giving direct and candid feedback,” Bultema says. “It wasn’t just about getting the pitch to fit better; it was getting the way they were thinking to go from cerebral and analytical to the ethos of the audience they were seeking to reach. Unless the customers really love it, all of that other stuff doesn’t matter.”

Sounding more like startup entrepreneurs than college students, the Neonic team describes their platform development as one that could revolutionize the concert and festival-going experience and turn merchandising and ticketing on its head.

“We believe the way the concert/festival industry is currently run, there’s a huge disconnect between the artist and the consumer. We hope

T E A M S P O T L I G H T : NEONIC

D

Nick Ravich ’19 pitches Neonic’s idea.

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2015–16

to take away every step that is now in between the artist and the audience member,” says Siegfried. “The light show is the most visceral, visual representation of that ethos. The venue would know attendees have a ticket through our technology. Concession stand transactions would happen automatically and with security. It can do peer-to-peer deliveries and localized notifications to increase audience members’ interaction and to help EMTs find them in case of emergency.”

They are refining the technology to connect the virtual world seamlessly with the actual physical concert and festival experience. When speaking about their work, the enthusiastic young entrepreneurs mirror the upbeat tenor of electronic dance music concerts, albeit with a methodical bent.

“We’re working on our beta right now. We’ve collected over a million data points doing tests on our algorithm,” says Siegfried.

Their target market for entry is an audience base of 18- to 24-year-olds who buy 147 million electronic dance music tickets annually to the tune of $20 billion worldwide. The Neonic students say they’re taking it a step at a time, starting by organizing their own small events, then by actively seeking investors.

“It will be a process that takes five to six years to start to really challenge and throw rocks at the concert/festival industry giants,” says Siegfried.

Neonic is made up of, front, from left: Nick Ravich ’19, Cormac Siegfried ’19, Noelle Edwards ’19, Mishig Davaadorj ’19; and back, from left: Sam Miller and Malcolm Gabbard ’19.

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C C A N N U A L R E P O R T

hen Colorado College President Jill Tiefenthaler and Colorado Springs Fine Arts Center President and CEO David Dahlin announced an historic alliance between the two institutions in August 2016, it didn’t take long for good news to follow. On Oct. 3, the college and the FAC announced a $1.2 million grant from the Andrew W. Mellon Foundation dedicated to forging deeper academic connections between the college and the interdisciplinary arts.

“We’re thrilled that the Mellon Foundation’s generous grant will allow us to expand existing innovative teaching strategies and introduce a more diverse set of individuals on campus and within our community to the arts,” says Tiefenthaler.

The potential of the CC, FAC alliance aligns with the priorities of the Mellon Foundation, a leading international foundation making grants in higher education, humanities, and the arts. The funding will allow Colorado College to expand existing teaching strategies, with particular focus on programs related to the American Southwest.

“The Andrew W. Mellon Foundation is pleased to support Colorado College in this important initiative,” says Cristle Collins Judd, senior program officer of the Mellon Foundation.

“The college’s historic dedication to innovative teaching and its commitment to diversity and inclusion now promise to integrate the arts and material culture within the liberal arts curriculum at Colorado College in ways that will benefit both students and, more broadly, the Colorado Springs community.”

The Mellon Foundation’s grant will allow the college and the FAC to enhance teaching and learning opportunities and create new ones beyond those that already exist. It will build on more than 45 years of the college’s proven approaches to liberal arts on the Block Plan by emphasizing object-based learning, field study, and community engagement that are particularly well suited to teaching today’s students.

“Our vision for our partnership between the college and the Fine Arts Center promises to build on our unique position in the region, creating a new entity — a vibrant, fully integrated academic museum with particular focus on historical and contemporary Southwest arts and cultures that highlights excellence in liberal arts education,” says Tiefenthaler.

R E A C H I N GNEW HEIGHTS

Mellon Foundation Grant Strengthens Arts Education, Builds on CC, FAC Alliance

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2015–16

FOUNDATIONS RESPOND TO CC, FAC ALLIANCE

In addition to the Mellon Foundation’s $1.2 million grant, Colorado College and the Fine Arts Center have recently garnered two additional, significant grants.

The John E. and Margaret L. Lane Foundation has committed $2 million to a permanent endowment held by Colorado College for the exclusive support of the Fine Arts Center. This newly established endowment will provide funding in perpetuity for the FAC’s diverse, ongoing mission to inspire community vitality through performing arts, visual arts, and arts education. The addition of these endowed funds enhances the ability of the Fine Arts Center to build on its decades-long tradition of producing art exhibitions in its museum, theatre and performing arts experiences on its stages, and classes and workshops in the Bemis School of Art.

A major gift to the Fine Arts Center from the Marie Walsh Sharpe Art Foundation also supports educational initiatives by providing a scholarship fund for youth who show interest, initiative, and talent in visual arts and who don’t have the financial resources to undertake serious arts education. The $330,000 gift was made to the Fine Arts Center Foundation, which continues alongside the alliance with the college. This grant carries on the legacy of their founder, Marie Walsh Sharpe, and is being made in honor of the foundation’s late executive director, Joyce Robinson, who had deep ties to the Fine Arts Center and served as the FAC’s director of education for many years.

“These new commitments provide validation of the synergy that is possible between these important institutions,” says David Dahlin, CEO of the Fine Arts Center. “We expect that this is only the beginning of exciting new developments as we begin planning for our combined future.”

THE COLORADO COLLEGE, FINE ARTS CENTER ALLIANCE

The partnership between Colorado College and the Fine Arts Center supports the missions of both organizations while expanding innovative learning opportunities, arts programming, and cultural resources for the greater Colorado Springs community.

The goal of the alliance goes beyond merging two existing organizations: It seeks to create something new, ground-breaking, and forward-looking, leaders of both institutions say. The partnership produces an operational structure that achieves key Colorado College and Fine Arts Center strategic objectives while helping to create long-term sustainability for the Fine Arts Center and solidifying a community goal of a sustainable, ongoing commitment to community fine arts programming. The result will be expanded community offerings and enriched student experiences.

“The Colorado Springs Fine Arts Center is a cultural gem, and I’m excited about the immense possibilities this alliance presents for all involved,” CC President Jill Tiefenthaler says. “I look forward to rolling up our sleeves and working to create the most innovative, dynamic, and vibrant organization possible. I plan to actively seek community input as together we envision the amazing future potential of the Colorado Springs Fine Arts Center at Colorado College.”

“I’m thrilled to help create a strong and vibrant future for the Fine Arts Center that will enable it to thrive and build upon its legacy for another 100 years,” FAC President and CEO David Dahlin says. “This is truly a win-win-win agreement benefiting the FAC, CC and the entire community.”

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C C A N N U A L R E P O R T

hen she spoke during the 2016 Scholarship Appreciation Luncheon, held during Homecoming on Oct. 14, Barbora “Bara” Hanzalova ’17 took another step in her life’s journey, one that began in her hometown of Beroun, Czech Republic, and has already taken her across several continents. During her time at CC, Hanzalova has built on formative experiences — made possible by generous financial aid awards — to shape her view of the world and the contributions she makes to it.

Through each step Hanzalova has not been alone. Many generous people who possess the vision to see what she is capable of have helped out with guidance, scholarships, and financial aid awards.

“CC attracts people outside of the norm,” says Hanzalova. “When Matt Bonser ’98 from CC’s Admission Office spoke to our school, he inspired me to apply. I was drawn to the college because it is like my high school, which is a place that celebrates diversity.”

Shelby M.C. Davis, cofounder of the Davis United World College Scholars Program, also was a source of inspiration for Hanzalova, who attended Li Po Chun UWC high school in Hong Kong. A Davis UWC Scholarship opened Colorado College’s doors for Hanzalova for each

of her four undergraduate years. Today, she is one of 54 Davis UWC scholars at the college.

A PATHWAY TO ALTRUISM

At CC, Hanzalova, who is a physics major, found an opportunity to learn how she could begin to make a difference when she was awarded a Keller Venture Grant. The grant, made possible by the Keller family, supported her project to travel with the Engineers Without Borders Colorado Springs Professional Chapter to work on a water supply repair in Suncallo, Bolivia. She received a second Venture Grant to attend an Engineers Without Borders conference and, afterward, started a CC student group that interacts with professional engineers in Colorado Springs.

The experience further enhanced Hanzalova’s interest in effective altruism, which focuses on using reasoning and evidence to maximize making a difference in the world.

In addition to the Venture Grants, Hanzalova also received a President’s Office Grant to travel to Morelia, Mexico, where she worked with the state ministry of development and Red de Servicios Económicos y Sociales, a small nongovernmental organization (NGO).

Scholarships Make it Possible for Bara Hanzalova ’17

O P E N I N G D O O R S T O C C

AND THE WORLD

W

Bara Hanzalova ’17 is a Davis UWC scholar at Colorado College.

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2015–16

“Leaving high school and coming to CC, I was pumped up to make a positive difference,” says Hanzalova. “Yet, I didn’t have much of an idea about how to do it effectively. This changed with the opportunities I had at CC. I have been further developing my ideals regarding philanthropy and have been empowered to turn those ideas into action.”

OTHERS SET A GENEROUS EXAMPLE

During her junior year, Hanzalova received a Euclid Scholarship, an award for students who demonstrate outstanding promise in mathematics and computer science. Like the Davis UWC Scholarships and Venture Grants, Euclid Scholarships have been supported by people who care about the world and the people in it as much as Hanzalova.

Since 2009, 30 Colorado College students have received Euclid Scholarships in Mathematics and Computer Science, which are given to first- and second-year students who have demonstrated extraordinary potential in both disciplines.

The scholarships were established by CC math alumnus John Tompkins ’89, and recently received another boost from Tompkins and from the estate of Jeanne Lenhoff Williams

’58, a CC mathematics major and career analyst, programmer, and software developer, who passed away in 2015.

With increased funding from Tompkins, Williams, and other generous donors, the Euclid Scholarships will reach even more deserving students like Hanzalova.

A VISION TO EMPOWER MORE STUDENTS

The recent gifts to the Euclid Scholarships by Tompkins and Williams also qualified for the CC Endowed Scholarship Challenge 101.

Established last year by an anonymous donor who committed $10 million, the challenge encourages others to support Colorado College scholarships with their own gifts or estate commitments. To date, 20 scholarships have been established or enhanced through the challenge, each one unlocking an additional $100,000 for scholarships from the lead scholarship challenge donor.

“Initiatives like the Endowed Scholarship Challenge 101 allow us to admit many more of the students who are drawn to this unique place, and to our original, and proven, education, regardless of their ability to pay,” says CC President Jill Tiefenthaler. “To do so requires significant financial aid.”

The college is committed to raising $90 million for scholarships for Colorado College students.

With generous members of the Colorado College community like those who have made Hanzalova’s CC experience possible, not only will scholarships continue to make a difference for students, they will empower these students to make a difference for countless others.

“Without the support of scholarships, I would not have had the opportunity to gain this mindset about philanthropy,” says Hanzalova.

When she graduates in May 2017, Hanzalova plans to further her education in and practice of altruism, either by entering a graduate program or by working locally in Colorado Springs, remembering those who formed her CC experience as sources of inspiration to make positive contributions of her own in the world.

“My life has changed,” she says. “I hope I’ll be able to send it forward.”

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C C A N N U A L R E P O R T

D E A R F R I E N D S ,

Colorado College’s endowed funds are a significant source of support for the college. Your gifts and our careful investment of these funds ensure that the endowment continues to open doors for Colorado College students.

The college’s well-diversified endowment investment portfolio ended the fiscal year on June 30, 2016, with a -2 percent net return. By comparison, at the same date, the Standard & Poor’s (S&P) 500 index was up 4 percent, MSCI EAFE index was down 10 percent, and the Barclays Capital Aggregate was up 6 percent. During the last 20 years, the college endowment has earned an average of 9 percent. Currently, the endowment allows the college to provide an annual payout equal to 5 percent of the calculated value of each endowment, while also maintaining the inflation- adjusted value of the endowment.

As of June 30, 2016, the Colorado College endowment was $683 million. The endowment provided a payout of $28 million, which — when combined with annual operating gifts received — provided 17.3 percent of the college’s annual budget.

Your generosity continues to make a significant difference and your actions inspire others to be generous as well. Thank you for all you are doing for the college and our students.

Sincerely,

ROBERT G. MOORESenior Vice President for Finance and Administration

C C ’ S E N D O W M E N T PERFORMANCE

A Report from CC’s Senior Vice President for Finance and Administration

June 30, 2016

13

2015–16

TIMELINE COLORADO COLLEGEAS OF JUNE 30, 2016 STANDARD & POOR’S

PERFORMANCE COMPARED TO

OTHER EDUCATIONAL ENDOWMENTS

& FOUNDATIONS

1 YEAR

5 YEARS

10 YEARS

20 YEARS

-2%

7%

7%

9%

4%

12%

7%

8%

Top 79%

Top 19%

Top 7%

Top 2%

The college’s endowment is overseen by the Colorado College Board of Trustees Committee on Investments in accordance with college policy, UPMIFA, and the rules of prudence. The

committee seeks superior investment returns through strategic asset allocation and professional investment management. The committee monitors the 27 external professional investment firms that manage the college’s assets and makes changes when appropriate to rebalance the college’s

portfolio, with guidance from Monticello Associates, the college’s investment consultant.

Domestic Equities24%

International Equities19%

Absolute Returns15%

Private Equities13%

Cash & Fixed Income13%

Hedged Equities10%

Real Assets6%

24%

19%

15%13%

13%

10%

6%

C O M P A R A T I V E D A T A T O T A L R E T U R N S

E N D O W M E N T P E R F O R M A N C E A L L O C A T I O N

H O W C O L O R A D O C O L L E G E M A N A G E S I T S E N D O W M E N T

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C C A N N U A L R E P O R T

Market value amounts (in millions) include market return, gifts received, payout, and fees. Percentages include trust investments and solely represent investment returns.

2005

7%

$439

2007

17%

$523

2009

-14%$4

02

2011

21%

$540

2013

15%

$593

2015

4%

$720

2006

8%

$462

2008

-4%$4

92

2010

16%

$457

2012

2%

$533

2014

18%

$680

2016

-2%

$683

The college’s Board of Trustees develops a spending policy that balances the current needs of the school with the prudence of saving for the future. The policy defines how spendable income is calculated for the college’s overall endowment portfolio. These funds are vital to the support of scholarships, professorships, research, the library, and other academic programs and operations.

H O W S P E N D A B L E I N C O M E I S C A L C U L A T E D

E N D O W M E N T P O R T F O L I O M A R K E T V A L U E A N D I N V E S T M E N T R E T U R N

(In Millions)

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

$19.9

$21.3

$22.5

$23.7

$24.8 $24.5

$22.4$22.9 $23.0

$24.5

$27.9

$26.8

T O T A L F I S C A L Y E A R P A Y O U T(In Millions)

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2015–16

*Source: 2015 National Association of College and University Business Officers and Commonfund Institute (NACUBO)

**The endowment per student is the overall endowment as reported by NACUBO, divided by the number of undergraduates cited in the Common Data Set.

GRINNELL COLLEGE

HAMILTON COLLEGE

MIDDLEBURY COLLEGE

COLBY COLLEGE

CARLETON COLLEGE

DAVIDSON COLLEGE

WHITMAN COLLEGE

MACALESTER COLLEGE

COLORADO COLLEGE

COLGATE UNIVERSITY

OBERLIN COLLEGE

BUCKNELL UNIVERSITY

OCCIDENTAL COLLEGE

BATES COLLEGE

KENYON COLLEGE

$1,076,973

$460,004

$444,870

$409,867

$392,710

$382,567

$360,417

$358,260

$343,552

$314,831

$287,822

$224,695

$188,180

$145,927

$121,200

$1,788

$856

$1,101

$746

$783

$683

$515

$762

$720

$892

$832

$789

$392

$262

$219

COLLEGE ENDOWMENTPER STUDENT (2015)**

OVERALL ENDOWMENT IN MILLIONS (2015)*

C O L O R A D O C O L L E G E F I S C A L Y E A R 2 0 1 6 E N D O W M E N T S P E N D I N G

E N D O W M E N T P E R S T U D E N THow Colorado College Stacks Up to Peer Institution Spending

37%

27%

17%

16%

Financial Aid37%

General Budget Support27%

Professorships17%

Academic Departments16%

Library3%

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C C A N N U A L R E P O R T

BOARD MEMBERS:

Mayss R. Al Alami ’17Colorado Springs, CO

Margaret S. Allon ’81Denver, CO

Neal A. Baer ’78Los Angeles, CA

Heather L. Carroll ’89Colorado Springs, CO

John P. Chalik, III ’67Piedmont, CA

Lynne V. Cheney ’63, P’88, P’91, G’16, G’20Washington, DC

Jerome A. DeHerrera ’97Westminster, CO

Ryan P. Haygood ’97Newark, NJ

Jeffrey B. Keller ’91Burlington, WI

Amy Shackelford Louis ’84Hinsdale, IL

Kishen Mangat ’96 Boulder, CO

Robert L. Manning, Jr. ’69Denver, CO

Manuel L. Martinez ’74Denver, CO

Eric S. Mellum ’90Minneapolis, MN

Liza Malott Pohle ’85New Canaan, CT

Adam F. Press ’84Los Angeles, CA

Antonio F. Rosendo ’02Colorado Springs, CO

Robert J. RossOklahoma City, OK

Christine M. Schluter ’65, P’91Sanibel, FL

Robert W. Selig, Jr. ’61Woodside, CA

Michael B. Slade ’79Seattle, WA

Marc D. St John ’80, P’17Chobham Surrey, England

P. Andrew Stenovec ’85Orinda, CA

Brian K. Thomson ’85Denver, CO

Jill TiefenthalerColorado Springs, CO

John B. Troubh ’79New York, NY

R. Thayer Tutt, Jr. P’15Colorado Springs, CO

John P. Wold ’75, P’06, P’10Denver, CO

Martha W. Wolday ’14 Los Angeles, CA

Nancy C. Woodrow ’68, P’11Scottsdale, AZ

LIFE TRUSTEES:

William J. Campbell, ’67 P’02 Denver, CO

Daniel J. Cooper ’66, P’96Buena Vista, CO

William J. Hybl ’64, P’91Colorado Springs, CO

David M. Lampton P’00Washington, DC

Douglas E. Norberg ’62, P’88, P’91Seattle, WA

Harold C. Price P’75, P’76, P’87, G’08, G’16Scottsdale, AZ

Jane L. Rawlings ’70Pueblo, CO

Suzanne H. Woolsey P’97, P’98, P’99New York, NY

HONORARY TRUSTEE:

Kenneth L Salazar ’77 Denver, CO

EMERITUS TRUSTEES:

Susan Schlessman Duncan ’52, P’76Lakewood, CO

Nancy B. Schlosser ’49, G’10Santa Barbara, CA

William R. Ward ’64Lone Tree, CO

CHAIR:Eben S. Moulton ’68

Cambridge, MA

VICE-CHAIR:Philip A. Swan ’84

Pasadena, CA

SECRETARY:Susan S. Burghart ’77

Colorado Springs, CO

C O L O R A D O C O L L E G E BOARD OF TRUSTEES

P = Parent G = Grandparent

17

2015–16

www.coloradocollege.edu/annualreport

14 E. Cache La Poudre St. Colorado Springs, CO 80903