Annual Financial Report

interesteddad · 10-26-2009, 12:41 PM

Just released. For the year ending June 30, 2009:

http://www.haverford.edu/business/forms/finance2009.pdf

Luckie Starchild · 10-26-2009, 01:58 PM

Ouch @ the endowment but that looks pretty much in line with everybody else, ri-ight? At least it's a lot higher now... where do you think it is as of today?

interesteddad · 10-26-2009, 02:45 PM

35.6% decline in endowment value at year end. I'm sure it has recovered some since then. Still in the top 10 LAC per student endowments.

Cash liquidity looks like an issue, as is the case at many schools right now. The endowment is $336 million. Debt is $104 million. Cash call commitments of $140 million expected to be called over the next four years.

Corbett · 10-27-2009, 07:10 PM

There's a similar report for Bryn Mawr, prepared by the same auditors for the year ending 05/31/09, at:

http://www.brynmawr.edu/controller/B...2009-Final.pdf

Looks like a 23-24% decline in endowment value

interesteddad · 10-28-2009, 08:06 AM

Thanks Corbett. I hadn't seen Bryn Mawr's yet. Bowdoin and Middlebury posted there's in the last few days, too.

bigjack12 · 11-13-2009, 10:03 PM

Does this mean that Haverford's amount financial aid will go down? i already know they don't do any scholarships besides need based. But haverford is like my #1 school right now and i will definitely need financial aid...

pointoforder · 11-13-2009, 11:39 PM

No, the College has increased the budget for financial aid. HC is incredibly committed to access and need-blind admissions.