The endowment provided an all-time high of $281 million for financial aid and student support, scientific research and other priorities in Fiscal Year 2024, as Brown’s investments generated $728 million in gains, an 11.3% return.
The budget includes investments in student scholarships, salaries and benefits for faculty and staff, plans to advance research, a new approach to career preparation, voluntary contributions to Providence, and more.
A technology leader with an extensive track record of success in Brown’s IT department, Keith will lead innovative technology, data and digital solutions to support education, research and business operations.
As the nation and the University continue to contend with inflation, Brown’s governing body approved a 4.5% undergraduate tuition increase and a 4.5% salary increase pool for faculty and staff.
The endowment provided a record $257 million for student scholarships, scientific research and other priorities in Fiscal Year 2023, while Brown’s investments yielded a 2.7% return.
The balanced $1.69 billion base budget includes investments in employee compensation, student support and Brown’s ambitious plans for advancing research across campus.
The Mae Belle Williamson Simmons Diversity Fellowships honor the legacy of a trailblazing Providence native whose lasting impact on the field of child psychology belied a life and career that were cut short.
Deepening its economic impact and commitment to supporting construction careers for local residents, Brown signed a labor agreement with the Rhode Island Building and Construction Trades Council and Building Futures.
Brown University was celebrated as a key partner and life sciences leader by state, federal officials during a groundbreaking ceremony for a new public health lab building, which will also house University and commercial lab space.
Brown yielded a -4.6% investment return in a challenging global investment environment, and the endowment provided $207 million for student scholarships, scientific research and other priorities.
An accomplished leader with decades of information technology experience in higher education, Pitt will advance innovative technology, data and digital solutions for faculty, students and staff.
From U.S. News and World Report to Forbes, prominent rankings in the last year gave the University high marks for its distinctive student experience, world-class teaching and research, and inclusive environment.
The addition of Elvy, a service dog who came to the University via Puppies Behind Bars, will help to strengthen relationships between public safety personnel and Brown students, faculty, staff and neighbors.
As Brown’s first vice president for community engagement, Mary Jo Callan will grow positive engagement locally by developing, leading and coordinating programs, partnerships and other activities.
The $1.5 billion base budget includes deep investments in student financial aid and support for faculty and staff, balancing continued advancement in academic excellence with a focus on long-term financial sustainability.
As the next dean of the School of Professional Studies, Prasad will oversee a portfolio of master’s degree programs for executives and a suite of flexible and innovative non-degree programs for individuals and organizations.
For Fiscal Year 2021, the endowment provided $194 million for student scholarships, scientific research and other strategic priorities — investments in education and research expected to grow markedly in the coming years.
Currently the vice chancellor for business and administrative services at the University of California Santa Cruz, Latham will lead all administrative, business and financial operations for Brown effective Jan. 1, 2022.
The approved $1.34 billion base budget strikes a deliberate balance between long-term financial sustainability, economic recovery from COVID-19, and continued investments in academic excellence and support for students.
Since joining Brown as executive vice president in 2015, the Class of 1979 graduate has transformed administrative operations in areas ranging from Finance and Facilities to Human Resources, Dining and Business Operations.
As vice president for human resources, Williams will bring experience and vision to strategic initiatives focused on operational excellence, employee development, and equity and inclusion.
A 2.85% increase in tuition and fees, the lowest percent increase in more than a decade, will provide nearly $16 million of revenue, enabling Brown to continue strong support for students with financial need while supporting teaching, learning and research on campus.
Dowling, who has played a key role in the growth of Brown University’s endowment since 2013, will leave Brown to serve as global co-head of Blackstone Alternative Asset Management, effective Jan. 12, 2021.
The endowment provided $171 million to the University’s operating budget in Fiscal Year 2020, with contributions supporting student financial aid, faculty research and strategic priorities in an uncertain financial environment.
The approved $1.3 billion base budget includes $347 million for student aid and support, and will serve as a foundation for revised budget forecasts to contend with the full impact of COVID-19 on Brown’s financial position.