In an email to Brown’s undergraduate student body last Tuesday, Brown President Christina Paxson assured students that the fall 2020 academic semester would be safe for the entire endowment.
“I am aware that recent surges in COVID-19 cases at other universities attempting to hold in-person classes and their subsequent closures may worry some students,” Paxson wrote. “But I want to assure students and their families that our administration is doing all we can to make sure all $4.2 billion of our endowment is safe throughout the semester.”
“Brown is currently in the process of creating innovative plans, changing campus infrastructure, and creating ways to enforce new rules that will ensure the COVID-19 pandemic will not affect even a single cent of our endowment,” Paxson concluded. “You can trust that if there is even a small chance we think this virus could be a danger to the size of our endowment, we will make the difficult decision to halt all activities that would lead to such a tragedy.”
At press time, Paxson was establishing that each dollar of the endowment would be tested for COVID twice a week.