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INDEPENDENT SINCE 1880

The Corne¬ Daily Sun Vol. 134, No. 19 Arts ‘Opera’tives

Opera Ithaca’s performance of Pagliacci was top-notch wrote Lela Robinson ’21.

MONDAY, OCTOBER 2, 2017

!

ITHACA, NEW YORK

16 Pages – Free

Arts

Sports

Weather

Another New Miley

Band Takes a Stand

Sunny and Beautiful HIGH: 69º LOW: 43º

Members of the Big Red Marching Band kneeled for the national anthem at Saturday’s home opener. | Page 16

Miley Cyrus’s new album Younger Now is her newest rebranding.

| Page 8

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Cornell Endowment Returns‘Solid’ in 2017 By JOSH GIRSKY Sun Managing Editor

After several years of disappointing endowment returns, the University announced Friday that Cornell’s endowment posted a positive 12.5 percent return in fiscal year 2017, bringing the total value to its highest ever at $6.8 billion. This is welcome news for an endowment office that went through a “transitional year” according to Chief Investment Officer Kenneth Miranda. Miranda took over at the beginning of the fiscal year, which went from July 2016 to June 2017, and the office moved from Ithaca to New York City in an effort to attract more qualified candidates. Cornell’s endowment has struggled in recent years, posting a negative 3.3 percent return in fiscal year 2016 and positive 3.4 percent the year before. Those were the lowest in the Ivy League those two years. The University is the fourth Ivy League to announce its returns this year, after Dartmouth, Harvard and Penn. Dartmouth and Penn posted returns of 14.6 and 14.3 percent, respectively, while Harvard posted a mea-

or investment performance,” ger 8.1 percent. ENDOWMENT RETURNS said Cornell trustee and Harvard’s endowchair of the board’s ment office has gone The endowment returns for 2017 brought the total value of the Investment Committee through many changes fund to $6.8 billion, its highest ever. Donald Opatrny ’74 in the recently, and their new announcement. manager N.P. “Narv” That positioning follows Narvekar said in a five “comprehensive reviews of page letter published each asset class” by the several weeks ago that of University Office its meager returns are Investments, which also “a symptom of deep reviewed “its overall structural problems” approach to managing the that will take years to endowment.” The turn around. announcement said that the While Cornell manefforts are meant to boost agers are pleased that performance over time, its returns are not as poor as last year, the DATA COURTESY CORNELL; DESIGN BY MEGAN ROCHE / SUN ASSISTANT DESIGN EDITOR increase endowment flexibilannouncement Friday points to many changes taking ity, reduce fees and increase responsiveness to changing investment trends. place as well. Yet those efforts may still have a ways to go. “We are pleased that the endowment generated solid investment performance this year, and we will continue See ENDOWMENT page 4 the work of positioning the endowment to drive superi-

Slur at House Dinner Stuns Residence Hall By NICHOLAS BOGEL-BURROUGHS Sun City Editor

BOTTOM RIGHT: CAMERON POLLACK / SUN PHOTOGRAPHY EDITOR LEFT AND TOP RIGHT: MICHAEL SUGUITAN / SUN STAFF PHOTOGRAPHER

Apple-y ever after | The 35th annual Apple Harvest Festival brought thousands to the Commons to enjoy the festive atmosphere, carnival games and delectable apple-flavored food.

Apple Fest Draws Thousands to Commons By SARAH SKINNER Sun Staff Writer

For Apple Fest veterans, this weekend brought the familiar tastes of doughnuts, caramelized apples and cider back to downtown Ithaca. For students who just arrived on East Hill, the 35th annual Apple Harvest Festival served as an introduction to the delicacies that could bring them back to the Ithaca Commons every fall.

Thousands of people converged on the Commons this weekend for live music, carnival games and every sort of apple-related food imaginable. Colorful pop-up stands and food trucks filled the Commons and extended onto side streets, creating an atmosphere packed with noise, laughter and delicious aromas from savory to sweet. “It’s such a great festival, and everybody’s having fun and in such a great mood,” said Reenie Baker-Sandsted of

Baker’s Acres. Baker’s Acres sells a variety of apples and cider and has been a part of the annual festival for more than 25 years. Every year, the festival attracts over 35,000 people, Downtown Ithaca Alliance said on its website. Many people come from around the state, but a large proportion of attendees are students at Cornell and Ithaca College. See APPLE FEST page 4

Following two high-profile incidents in which Cornell students reported being targeted physically or verbally because of their race, a West Campus house community is “shattered” following the use of a slur last week in response to an electronic poll. Students at the Carl Becker House’s “There was weekly house dinner dead silence on Wednesday night were answering for five questions by anonyminutes. mously texting resPeople were ponses to questions like “What is your stunned. There favorite place on were some campus?” Their answers appeared in students at my bubbles on a projectable who tor, and soon people were literally began submitting silly and somewhat in tears.” inappropriate answers. Prof. Thomas Fox Then, in response to one prompt — “Name your key strength” — someone responded by submitting the Nword, which appeared prominently at the front of the room, projected onto a screen. “The room went completely silent,” Prof. Neema Kudva, the house professor and dean, said in an email to residents of the house the next day, adding that “a sense See BECKER page 4


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