October 20, 2004

Page 1

elect ion votln

Early

WsW research

g allows citizens to

KSSP introduces

fnE-gfe"''-

head to po lls before Nov. 2

into

rril

iiiHSi

genomics

Defenders

GENOME

University curriculum

/^ll

sports

sciences apoucv

pride

100th Anniversary

wear

a |L

their

their sleeves

on

"I

Ihe LhromclS^ OCTOBER

WEDNESDAY,

20, 2004

THE

DAILY ATDUKE UNIVERSITY

ONE HUNDREDTH YEAR, ISSUE 42

Jewish

community

decries Chronicle Students voice

column, coverage Liana Wyler

by

door

an

hall

town

night

Life

meeting Tuesday

discuss

to

their

Although reporters allowed

the

at

ran

Robert Samuel

by

viewed

THE CHRONICLE

This is the first in ries aboutDuke Publish standard

which

by

major

lon S

the

search

has

set

tional

researchers

crisis

Duke

is

chain &

Noble to

nation,

and

books from trade and

publications.

But

ademic books failed

peer-re-

in

subto

“The

senior

Philip

increased strain

on

journal subscriptions,

spend only

monographs,

now

that

costs

fiscal year. The

libraries,

almost

spend

10

on

li-

investments

Paul Crowley

by

benefits,

THE CHRONICLE

The

University’s

financial

report

for the

The return

financially healthy,

marking

and

ments

Campaign versity’s ued

at

efforts

of the

for Duke in late 2003. The Uniassets

net

of

as

30

June

beginning

val-

were

billion—more than

than the Duke

more

“I think the sition

strong invest-

to

concluding

nearly $5.1

million the

the

$6OO

possessed

at

of the fiscal year.

University

financially

is in

a

now,”

right

accrued and

revenues

year. The

Executive

support

$1.38

during

of

The

versity’s Duke

$14.5

the

salaries more

dents

and

fiscal

expenses

budget

sur-

wages,

was

the Uni-

which

cost

$682

million. Other

costs

included

University spent

million

on

after the

the

of the

PAGE 6

was

was more

community

mistake

a

not

column] sensitive

shape

in to

the

on

to

away the

stu-

The

FCJL

students

the

out

ish

to

of

set

fleshing

is

will to

and

[to

how

the Jewtake.

soon

have

just

portunity, internally, Duke

to

discuss if

want

to

respond

executive-director of

of to

the

cautious

people

‘anti-Semitism,’ it, it is

Philip

our

to

but

duty

tional is

a

Gerstl,

Jewish life,

meeting.

listen

to

to

Jewish

The

by

coverage

said before the

bers

“We’re

what

mem-

community

say. There has been anger and

responses. At this

bit

op-

Jew-

at

recent

looking

an

for the

they

meeting.

see

through

in

public steps

community “Tonight

provided

means

participate

have

some

premature

a

on

highest

the last 10

years

point,

to

to

Kurian’s words

SEE MEETING

ON PAGE 7

percent in 2003

however,

due in

large part

to

a

attributed

ments to

by

which

returns

invest-

resurgent

the Duke

new strate-

&

Wages; $682 million

Benefits;s

TOTAL LIABILITIES; $l.l billion

142 million

Depreciation

& Amortization:

$ll2 million

OPERATING REVENUE: $1.38 billion OPERATING

EXPENSES; $1.36 billion

LARGEST REVENUES; Grants & Contracts:

INCREASE IN NET ASSETS IN FISCAL Tuitions and Fees:

University’s

YEAR:

$631

million

$353 million

$6.1 billion

endowment and other funds.

“[DUMAC] classes that

has

were

ago into classes of

The

versity’s

assets

its

assets

well several that

are

from VALUE OF UNIVERSITY years

doing

well

LAND, BUILDINGS & EQUIP-

UNIV INVESTMENTS: $3.7 billion

Trask said.

Campaign

fundraising

shifted

doing

MENT:

for

Duke

and

other

efforts contributed to the Uni-

financial

status.

Just

more

than

$142

employee

Salary

$5.1 billion

Management

the

invests

15

NET ASSETS:

market.

markets and

stronger

undertaken

LARGEST EXPENSES:

in 2001 and

declining

the

during

approximately negative

yielded

TOTAL ASSETS: $6.2 billion

since

return

University's

investments increased

4.6, respectively. SEE ANNUAL

REPORT ON

PAGE

7

18.8 percent this past

$l.l billion

fis-

cal year. Last year investments increased 6.6 percent. In 2002 and 2001

it

discuss

a

Trask said,

of increase

performance

2002,

gies

rate

year, of

rate

has been

Duke’s

percent.

this

lot

emo-

depre-

on

to

by

response

meeting

private

a

of controversy,

are

con-

hopes

the end of the week.

Solomon said

out.

19

FCJL’s public

“We

most

we

Outline

a

meet

personal-

Solomon said she

ish students

poten-

newspaper

to

of

in

community’s

campus,”

the word

when

the

to

Chronicle],”'Jonathan

[Kurian

grow

investments earned

percent

The average

right now,”

expense

than

significant operating million the

in

million.

largest single

just

to a

2000.

the

Company,

billion

University’s operating

$1.36 billion, leading

were

plus

almost

$lll

as

University’s

of 18.8

Trask

strong po-

Vice President Tallman Trask said. Duke

well

Jewish

Jewish

plans

Wednesday

ly explain

which

cov-

Broclhead

ciation and amortization.

2003-2004 fiscal year revealed that Duke is thanks

as

of and

the

the

call it

University

to

of the editors

use

SEE PRESS ON

news

alerted

already

Richard

have

them.”

on

letter and

with him

events, The

FCJL

part

that

ac-

generate

the

“I think it

in fact,

times

in-

topics

has

printed

they

community’s grievances

private

focus

should make.

Duke’s

to

major

semester

tial responses

percent

according

a

depiction

this

people

from

budget

concurrent

Chronicle’s

statistics from the 2003-04

brary

buy

29

was

Movement conference

Solidarity

research

rising

The Chronicle’s editorial

Monday,

Solomon

cerns.

erage of last weekend’s Palestine

like

are

stems

col-

a

Kurian that

volved The Chronicle’s

and

faculty

overcome

not

student

Jews,”

of the discussion. Other

university ones

on

pages

Press.

of their collections

university

to

to

libraries

across

sales for

as

of

like

would

elite

even

libraries. Because of

Borders

sprout up

they

to

nothing—-

from

University

trying

crunch.

bookstores

buying

sities and their

an

catalysts

began

The second obstacle univer-

through-

printing

of

purchases

presses,

complica-

situation

convoluted

current

the

humanities

that

discovering

are

two

Barnes

na-

complicated

the

at

stores

scale back—almost

point

their

perish.

education.

first started

the

in

on

higher

When

of academic presses,

economy

a

the

reputation.

But within

the

finding

the

publishing only slighdy

bordering

are

ca-

tracks and universities’

reer

to

the

stantially

Most experts that there agree

pro-

motion—both of professors’

author

one

professors

most

problematic,

out

profit,

scholars —are

by

the

re-

culture of

complex

a

pub-

of

are

tions in

faculty,

lishing

up

Duke

unihave

measured

their and

Although

by

inclined

increasingly

That’s the

versities

analysis

and evaluated

Press.

University

perish.

or

sive works written

three-part se-

a

monographs —expan-

FCJL

said

president, by

reviewed it reflects

the

senior

meeting,

Rachael Solomon,

anti-Semitic

the editors have

that what is

recognize

President

con-

were

I think

in The Chronicle after

about The Chronicle.

cerns

umn

to

the Freeman Center for

at

Jewish

at-

closed-

emergency

meeting with

replete

rhetoric.

45 students

Approximately

at FCJL

were

THE CHRONICLE

tended

about

concerns

University investments decreased

3.8 and

Investments increased 58.8 in 2000.

Source; Duke 2003-2004

University

Financial Report


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.