{"id":4047,"date":"2024-10-15T15:00:25","date_gmt":"2024-10-15T21:00:25","guid":{"rendered":"https:\/\/sites.coloradocollege.edu\/emailarchive\/?p=4047"},"modified":"2024-10-15T17:00:14","modified_gmt":"2024-10-15T23:00:14","slug":"update-from-the-colorado-college-board-of-trustees","status":"publish","type":"post","link":"https:\/\/sites.coloradocollege.edu\/emailarchive\/2024\/10\/15\/update-from-the-colorado-college-board-of-trustees\/","title":{"rendered":"Update from the Colorado College Board of Trustees"},"content":{"rendered":"<div class=\"postie-post\">\n<div>\n<table class=\"nl-container\" style=\"mso-table-lspace: 0; mso-table-rspace: 0; background-color: #fffbf5;\" role=\"presentation\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td>\n<table class=\"row row-1\" style=\"mso-table-lspace: 0; mso-table-rspace: 0; background-color: #fffbf5;\" role=\"presentation\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"center\">\n<tbody>\n<tr>\n<td>\n<table class=\"row-content stack\" style=\"mso-table-lspace: 0; mso-table-rspace: 0; background-color: #fffbf5; border-radius: 0; color: #000; width: 640px; margin: 0 auto;\" role=\"presentation\" border=\"0\" width=\"640\" cellspacing=\"0\" cellpadding=\"0\" align=\"center\">\n<tbody>\n<tr>\n<td class=\"column column-1\" style=\"mso-table-lspace: 0; mso-table-rspace: 0; font-weight: 400; text-align: left; background-color: #fffbf5; vertical-align: top; border: 0;\" width=\"100%\">\n<table class=\"image_block block-1\" style=\"mso-table-lspace: 0; mso-table-rspace: 0;\" role=\"presentation\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"pad\" style=\"width: 100%;\">\n<div class=\"alignment\" style=\"line-height: 10px;\" align=\"center\">\n<div style=\"max-width: 640px;\"><img decoding=\"async\" style=\"display: block; height: auto; border: 0; width: 100%;\" src=\"https:\/\/d31hzlhk6di2h5.cloudfront.net\/20241015\/6b\/bc\/4e\/13\/fa842caa4745da0b02085f49.png\" width=\"640\" height=\"auto\" \/><\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"row row-2\" style=\"mso-table-lspace: 0; mso-table-rspace: 0; background-color: #fffbf5; background-size: auto;\" role=\"presentation\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"center\">\n<tbody>\n<tr>\n<td>\n<table class=\"row-content stack\" style=\"mso-table-lspace: 0; mso-table-rspace: 0; background-size: auto; background-color: #fffbf5; color: #000; width: 640px; margin: 0 auto;\" role=\"presentation\" border=\"0\" width=\"640\" cellspacing=\"0\" cellpadding=\"0\" align=\"center\">\n<tbody>\n<tr>\n<td class=\"column column-1\" style=\"mso-table-lspace: 0; mso-table-rspace: 0; font-weight: 400; text-align: left; background-color: #fffbf5; padding-bottom: 5px; padding-top: 20px; vertical-align: top; border: 0;\" width=\"100%\">\n<table class=\"heading_block block-1\" style=\"mso-table-lspace: 0; mso-table-rspace: 0;\" role=\"presentation\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"pad\" style=\"text-align: center; width: 100%; padding: 10px 10px 5px 10px;\">\n<h1 style=\"margin: 0; color: #222; direction: ltr; font-family: Verdana,Geneva,sans-serif; font-size: 30px; font-weight: bold; letter-spacing: normal; line-height: 150%; text-align: left; margin-top: 0; margin-bottom: 0; mso-line-height-alt: 45px;\"><span class=\"tinyMce-placeholder\" style=\"word-break: break-word;\">Dear CC Community,<\/span><\/h1>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"row row-3\" style=\"mso-table-lspace: 0; mso-table-rspace: 0; background-color: #fffbf5;\" role=\"presentation\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"center\">\n<tbody>\n<tr>\n<td>\n<table class=\"row-content stack\" style=\"mso-table-lspace: 0; mso-table-rspace: 0; background-color: #fffbf5; color: #000; width: 640px; margin: 0 auto;\" role=\"presentation\" border=\"0\" width=\"640\" cellspacing=\"0\" cellpadding=\"0\" align=\"center\">\n<tbody>\n<tr>\n<td class=\"column column-1\" style=\"mso-table-lspace: 0; mso-table-rspace: 0; font-weight: 400; text-align: left; background-color: #fffbf5; padding-bottom: 5px; padding-top: 5px; vertical-align: top; border: 0;\" width=\"100%\">\n<table class=\"paragraph_block block-1\" style=\"mso-table-lspace: 0; mso-table-rspace: 0; word-break: break-word;\" role=\"presentation\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"pad\" style=\"padding: 5px 10px 10px 10px;\">\n<div style=\"color: #222; direction: ltr; font-family: Georgia,Times,'Times New Roman',serif; font-size: 16px; font-weight: 400; letter-spacing: 0; line-height: 150%; text-align: left; mso-line-height-alt: 24px;\">\n<p style=\"margin: 0; margin-bottom: 16px;\">At Colorado College, our primary responsibility is to deliver an outstanding liberal arts education that empowers students to think critically, practice empathetic leadership, and be active participants in society and democracy.<\/p>\n<p style=\"margin: 0; margin-bottom: 16px;\">Prior to the June 2024 Board of Trustees retreat, a group of faculty and a group of students met with Board Chair Jeff Keller and Board Investment Committee Chair John Troubh to discuss divestment requests related to war and conflict in the Middle East. We appreciate the student and faculty groups\u2019 engagement with the Board and use of established processes to bring forward requests. Today, we write to share the outcome of those conversations and how we arrived at our decision.<\/p>\n<p style=\"margin: 0; margin-bottom: 16px;\">While we deeply value our community\u2019s perspectives on investment matters,<strong> the Colorado College Board of Trustees has decided that the college will not divest, nor change the approach to divestment within CC\u2019s Investment Policy, at this time.<\/strong><\/p>\n<p style=\"margin: 0;\">The students and faculty with whom we engaged last spring also made specific requests for increased transparency around the endowment. <strong>After multiple discussions, we are moving forward with the following actions:<\/strong><\/p>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"list_block block-2\" style=\"mso-table-lspace: 0; mso-table-rspace: 0; word-break: break-word; color: #222; direction: ltr; font-family: Georgia,Times,'Times New Roman',serif; font-size: 16px; font-weight: 400; letter-spacing: 0; line-height: 150%; text-align: left; mso-line-height-alt: 24px;\" role=\"presentation\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"pad\" style=\"padding: 10px 10px 5px 30px;\">\n<div style=\"margin-left: -20px;\">\n<ul style=\"margin-top: 0; margin-bottom: 0; list-style-type: revert;\">\n<li style=\"margin: 0 0 10px 0;\">Information on stocks directly held in the CC endowment will be shared quarterly on the <a style=\"text-decoration: underline; color: #4764af;\" href=\"https:\/\/t.e2ma.net\/click\/bak9ni\/nr5ib5j\/3z22kq\"> endowment website<\/a>.<\/li>\n<li style=\"margin: 0 0 10px 0;\">We are exploring options with our outside investment firm to share more information about our investment managers, while honoring existing confidentiality agreements.<\/li>\n<\/ul>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"paragraph_block block-3\" style=\"mso-table-lspace: 0; mso-table-rspace: 0; word-break: break-word;\" role=\"presentation\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"pad\" style=\"padding: 5px 10px 10px 10px;\">\n<div style=\"color: #222; direction: ltr; font-family: Georgia,Times,'Times New Roman',serif; font-size: 16px; font-weight: 400; letter-spacing: 0; line-height: 150%; text-align: left; mso-line-height-alt: 24px;\">\n<p style=\"margin: 0; margin-bottom: 16px;\">The strength of our endowment and the careful stewardship of our resources allow us to maintain the exceptional learning experiences we offer to all students. The payout from the endowment makes up nearly 20% of CC\u2019s total operating budget each year, supporting crucial areas like financial aid, academic departments, the library, and high-impact practices including study abroad, field study, and faculty-student research. <a style=\"text-decoration: underline; color: #4764af;\" href=\"https:\/\/t.e2ma.net\/click\/bak9ni\/nr5ib5j\/js32kq\"> More information about CC\u2019s endowment is available here<\/a>.<\/p>\n<p style=\"margin: 0; margin-bottom: 16px;\">When the Board makes decisions regarding investment or divestment in the endowment, we must consider the effect on the college\u2019s overall budget, the burden placed on tuition dollars to cover college operations and employee compensation, and the resulting impact on current and future students. The Board&#8217;s fiduciary responsibilities require us to ensure the financial stability of the college, now and in the future \u2014 and our decision is grounded in this fundamental duty.<\/p>\n<p style=\"margin: 0; margin-bottom: 16px;\">CC\u2019s commitment to shared governance \u2014 in which faculty, staff, students, and trustees collaborate with mutual accountability, drawing on diverse perspectives and expertise \u2014 stands at the heart of our decision-making process.<\/p>\n<p style=\"margin: 0; margin-bottom: 16px;\">A healthy community is one in which we maintain open dialogue and make informed choices based on due process and feedback. Thank you for your commitment to these values as we move forward together.<\/p>\n<p style=\"margin: 0;\">With appreciation,<\/p>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"row row-4\" style=\"mso-table-lspace: 0; mso-table-rspace: 0; background-color: #fffbf5;\" role=\"presentation\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"center\">\n<tbody>\n<tr>\n<td>\n<table class=\"row-content stack\" style=\"mso-table-lspace: 0; mso-table-rspace: 0; background-color: #fffbf5; color: #000; width: 640px; margin: 0 auto;\" role=\"presentation\" border=\"0\" width=\"640\" cellspacing=\"0\" cellpadding=\"0\" align=\"center\">\n<tbody>\n<tr>\n<td class=\"column column-1\" style=\"mso-table-lspace: 0; mso-table-rspace: 0; font-weight: 400; text-align: left; background-color: #fffbf5; padding-bottom: 5px; padding-top: 5px; vertical-align: top; border: 0;\" width=\"100%\">\n<table class=\"heading_block block-1\" style=\"mso-table-lspace: 0; mso-table-rspace: 0;\" role=\"presentation\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"pad\" style=\"padding-left: 10px; padding-right: 10px; padding-top: 10px; text-align: center; width: 100%;\">\n<h2 style=\"margin: 0; color: #222; direction: ltr; font-family: Verdana,Geneva,sans-serif; font-size: 20px; font-weight: bold; letter-spacing: normal; line-height: 150%; text-align: left; margin-top: 0; margin-bottom: 0; mso-line-height-alt: 30px;\">Jeff Keller \u201991, P \u201923<\/h2>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"paragraph_block block-2\" style=\"mso-table-lspace: 0; mso-table-rspace: 0; word-break: break-word;\" role=\"presentation\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"pad\" style=\"padding-bottom: 5px; padding-left: 10px; padding-right: 10px;\">\n<div style=\"color: #555; direction: ltr; font-family: Georgia,Times,'Times New Roman',serif; font-size: 16px; font-weight: 400; letter-spacing: 0; line-height: 150%; text-align: left; mso-line-height-alt: 24px;\">\n<p style=\"margin: 0;\"><em>Chair, Colorado College Board of Trustees\u00a0<\/em><\/p>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"heading_block block-3\" style=\"mso-table-lspace: 0; mso-table-rspace: 0;\" role=\"presentation\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"pad\" style=\"padding-left: 10px; padding-right: 10px; padding-top: 5px; text-align: center; width: 100%;\">\n<h2 style=\"margin: 0; color: #222; direction: ltr; font-family: Verdana,Geneva,sans-serif; font-size: 20px; font-weight: bold; letter-spacing: normal; line-height: 150%; text-align: left; margin-top: 0; margin-bottom: 0; mso-line-height-alt: 30px;\"><span class=\"tinyMce-placeholder\" style=\"word-break: break-word;\">John Troubh \u201979\u00a0<\/span><\/h2>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"paragraph_block block-4\" style=\"mso-table-lspace: 0; mso-table-rspace: 0; word-break: break-word;\" role=\"presentation\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"pad\" style=\"padding-bottom: 10px; padding-left: 10px; padding-right: 10px;\">\n<div style=\"color: #555; direction: ltr; font-family: Georgia,Times,'Times New Roman',serif; font-size: 16px; font-weight: 400; letter-spacing: 0; line-height: 150%; text-align: left; mso-line-height-alt: 24px;\">\n<p style=\"margin: 0;\"><em>Chair, Investment Committee of the Board of Trustees\u00a0<\/em><\/p>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"row row-5\" style=\"mso-table-lspace: 0; mso-table-rspace: 0; background-color: #fffbf5;\" role=\"presentation\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"center\">\n<tbody>\n<tr>\n<td><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"row row-6\" style=\"mso-table-lspace: 0; mso-table-rspace: 0; background-color: #fffbf5; padding-top: 10px;\" role=\"presentation\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"center\">\n<tbody>\n<tr>\n<td>\n<table class=\"row-content stack\" style=\"mso-table-lspace: 0; mso-table-rspace: 0; background-color: #fffbf5; border-radius: 0; color: #000; width: 640px; margin: 0 auto;\" role=\"presentation\" border=\"0\" width=\"640\" cellspacing=\"0\" cellpadding=\"0\" align=\"center\">\n<tbody>\n<tr>\n<td class=\"column column-1\" style=\"mso-table-lspace: 0; mso-table-rspace: 0; font-weight: 400; text-align: left; background-color: #fffbf5; vertical-align: top; border: 0;\" width=\"75%\">\n<table class=\"text_block block-1\" style=\"mso-table-lspace: 0; mso-table-rspace: 0; word-break: break-word;\" role=\"presentation\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"pad\" style=\"padding-bottom: 10px; padding-left: 10px; padding-right: 10px;\">\n<div style=\"font-family: Arial,sans-serif;\">\n<div class=\"\" style=\"font-size: 12px; font-family: 'Helvetica Neue',Helvetica,Arial,sans-serif; mso-line-height-alt: 14.399999999999999px; color: #9d9e9f; line-height: 1.2;\">\n<p style=\"margin: 0; font-size: 12px; mso-line-height-alt: 14.399999999999999px;\">\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<td class=\"column column-2\" style=\"mso-table-lspace: 0; mso-table-rspace: 0; font-weight: 400; text-align: left; padding-bottom: 5px; padding-top: 5px; vertical-align: top; border: 0;\" width=\"25%\">\n<table class=\"image_block block-1\" style=\"mso-table-lspace: 0; mso-table-rspace: 0;\" role=\"presentation\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"pad\" style=\"width: 75%; padding-right: 0; padding-left: 0;\">\n<div class=\"alignment\" style=\"line-height: 10px;\" align=\"right\">\n<div style=\"max-width: 107.2px;\"><a style=\"outline: none;\" tabindex=\"-1\" href=\"https:\/\/t.e2ma.net\/click\/bak9ni\/nr5ib5j\/zk42kq\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" style=\"display: block; height: auto; border: 0; width: 100%;\" title=\"powered by emma\" src=\"https:\/\/d31hzlhk6di2h5.cloudfront.net\/20241015\/ae\/24\/8c\/d2\/2ac48dc16de03c7e9842fa99.png\" alt=\"powered by emma\" width=\"107.2\" height=\"auto\" \/><\/a><\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><!-- End --><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/t.e2ma.net\/track\/bak9ni\/nr5ib5j\" width=\"1\" height=\"1\" \/><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dear CC Community, At Colorado College, our primary responsibility is to deliver an outstanding liberal arts education that empowers students to think critically, practice empathetic leadership, and be active participants in society and democracy. Prior to the June 2024 Board of Trustees retreat, a group of faculty and a group of students met with Board &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/sites.coloradocollege.edu\/emailarchive\/2024\/10\/15\/update-from-the-colorado-college-board-of-trustees\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Update from the Colorado College Board of Trustees&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1753,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,18,17],"tags":[],"class_list":["post-4047","post","type-post","status-publish","format-standard","hentry","category-email","category-mw","category-pres","entry"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/sites.coloradocollege.edu\/emailarchive\/wp-json\/wp\/v2\/posts\/4047","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sites.coloradocollege.edu\/emailarchive\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sites.coloradocollege.edu\/emailarchive\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sites.coloradocollege.edu\/emailarchive\/wp-json\/wp\/v2\/users\/1753"}],"replies":[{"embeddable":true,"href":"https:\/\/sites.coloradocollege.edu\/emailarchive\/wp-json\/wp\/v2\/comments?post=4047"}],"version-history":[{"count":3,"href":"https:\/\/sites.coloradocollege.edu\/emailarchive\/wp-json\/wp\/v2\/posts\/4047\/revisions"}],"predecessor-version":[{"id":4051,"href":"https:\/\/sites.coloradocollege.edu\/emailarchive\/wp-json\/wp\/v2\/posts\/4047\/revisions\/4051"}],"wp:attachment":[{"href":"https:\/\/sites.coloradocollege.edu\/emailarchive\/wp-json\/wp\/v2\/media?parent=4047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sites.coloradocollege.edu\/emailarchive\/wp-json\/wp\/v2\/categories?post=4047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sites.coloradocollege.edu\/emailarchive\/wp-json\/wp\/v2\/tags?post=4047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}