To help our internal community learn more about the College's finances, we present the following information. Please note that in order to see the Budget Basics and Endowment Basics presentations, you will be prompted to log in with your Union College credentials, if you are not already logged in,
Union College Budget Basics:
The Budget Office at Union College is responsible for the development and maintenance of the College's Operating Budget. Janice Butler is the Director of Budget, Planning and Analysis. To learn more about the fundamentals of the Union College budget review the Union College Budget Basics Presentation.
Union College Endowment Basics:
The endowment is a dependable, perpetual source of funding for the college consisting of more than a thousand unique donor funds. The Investment Committee, a sub-committee of the Board of Trustees has fiduciary responsibility for the endowment including the overall investment policy, asset allocation, and the selection of professional investment managers. To learn more about the fundamentals of the Union College endowment review the Union College Endowment Basics Presentation.
Understanding College and University Endowments
To answer questions frequently asked by students, faculty, alumni, journalists, public officials, and others interested in the financial circumstances of U.S. colleges and universities, American Council on Education prepared the following document: