A pooled fund comprised of resources designated for investment by donors or the Board of Trustees, there are a variety of budgets and strategies at the College yoked to the market performance of the endowment. After peaking at just over $1.7 billion in June 2008 (resulting in an endowment-per-student ratio of over $1 million), the endowment shed almost a quarter of its value in the ensuing financial crisis. It has bounced back over the past couple of years, with a 19.2 percent investment return last year leaving the College with $1.641 billion in its back pocket.
The women’s basketball team earned its fourth consecutive trip to the NCAA Final Four last weekend after two decisive victories in LeFrak Gymnasium. The Jeffs defeated York College 79-55 on Friday evening before cruising past Emmanuel College, 84-61, in the NCAA quarterfinals on Saturday.
Propelled by a three-goal outburst in the second period, the men’s hockey team advanced to the NCAA Frozen Four with an impressive 3-1 win over Plattsburgh State at Orr Rink this past Saturday. The victory catapults Amherst (24-3-1) into its first Frozen Four appearance in program history.
The No. 2-ranked Jeffs will travel to Lake Placid, NY this weekend to take on No. 3 SUNY Oswego (23-3-2) in the national semifinals. Top-seeded Norwich takes on No. 5 St. Norbert’s in the other semifinal.
Last Saturday, Amherst lost to defending champion Norwich Univ. in the first round of the NCAA Tournament with a score of 5-0.
While Amherst had dealt Norwich their first shutout in almost 70 games earlier in the season, they came up scoreless against Cadet goalie Kelly Fisk.
Stephanie Invernizzi, Renee Lortie and Julie Fortier each contributed a goal for Norwich, with Jillayne DeBus notching two.
Senior goalkeeper Sinead Murphy served Amherst, posting 21 total saves.
Another champion disgraced.
Doesnʼt that phrase sound familiar? The 2004 New England Patriots come to mind first: outside of New England, popular opinion holds this team as a bunch of worthless cheaters after “Spygate” came to light.
Then, thereʼs Reggie Bush, who had to forfeit his 2005 Heisman Trophy because he received benefits from USC that were “improper” by the NCAAʼs definition.
After a successful regular season that led to a NESCAC championship, the men’s basketball team entered the NCAA Tournament hoping to make a deep run to the Final Four. Their campaign started off well with a blowout victory over New York Univ., but the level of competition jumped up a notch in the Round of 16, where Amherst took on the Diplomats of Franklin & Marshall.
MEN
Ben Scheetz ’12, Pat Grimes ’13 and Matt Melton ’14 represented Amherst at the NCAA Div. III Indoor Track and Field Championships, held in Grinnell, Iowa.
Grimes was the only runner to qualify for the finals, placing in the top 10 in the mile in Friday’s preliminary heat. His time of 4:14.85 put him in ninth place. He did not finish the race in the final heat.
