Sports Page 8
Closing season Wildcat volleyball finishes their first Div. I season vol. 102, no. 25
wednesday, november 22, 2013
1 SECTION, 8 PAGES
INSIDE NEWS Construction continues on Cullen Auditorium to prevent future rain damage
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NEWS The third annual Zumbathon is hosted by SAND to raise funds on Saturday in the Rec Center Page 4
SPORTS We look back at ACU football’s first Div. I season with Coach Collums
A FINISHING TOUCH Madny lambright chief photographer
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NEWS The second annual Mingle & Jingle celebrates Christmas with Aaron Watson Page 4
OPINION The editorial board examines the many facets to be considered when changing the faculty employment policy
Senior Blake Watts, graphic design major from Georgetown, hangs his work in preparation for the senior show, “Against the Grain.” Six seniors are displaying art in the Shore Art Gallery for the senior art show. Read more about their preparation on page 5.
Four Campaign locations chosen Melany Cox Online managing editor The destinations for the 2014 Spring Break Campaigns have been selected. Four student-led campaigns will spend Spring Break in St. Paul, Minn., Seattle, Wash., Chicago, Ill. and Fairfax, Va. Mary Beth Cuevas, SBC coordinator and associate director for ACU Leadership Camps, said these locations were chosen based on past success.
“We looked back in past years to see which ones we had the most contact with, the ones that we went to the most, knowing people there,” she said. “That’s how we made those connections.” Last year the university sent students to 10 cities across the United States. Cuevas said they also tried to avoid picking locations other groups or Abilene churches might be going to. “We don’t need to doubledip like that,” she said. Cuevas said the office
is behind on coordinating campaigns because they didn’t get started until later in the semester. However, she said they are not concerned about this affecting applications. “We do still need people to apply,” she said. “We need leadership team, we need leaders for the campaigns themselves and we need students.” Applications for students and the SBC leadership team are available online. Cuevas said the leadership teams needs a financial organizer,
marketing organizer, an assistant coordinator and a travel organizer. She said they also want two people to lead each campaign. These people can also be members of the leadership team. “The kind of people we want for the leadership campaigns are people have a heart for service, a heart for seeing what people need, excitement and ready to grow in their faith,” she said. Cuevas said they are hoping to have 20 students per group. Mollie Spaulding, ad-
ministrative assistant for the Center for Christian Service and Leadership, said the applications are open-ended because they want to give as many people as possible the chance to apply. Students and leaders can apply by going to the Center for Christian Service and Leadership website and clicking “Ministry and Service” followed by “Spring Break.” contact cox at m@acu.edu
Times points to ACU’s endowment Page 6
Kirsten holman staff reporter
NEWS The Griggs Center hosts the Entrepreneurship Week Page 4
SPORTS Women’s basketball team looks to stay undefeated in Denton this weekend Page 7
SPORTS The ACU football senior class leaves behind an impressive legacy and big shoes to fill Page 6
ACU was recognized in The New York Times for outstanding endowment performance. The National Association of College and University Business collected the data of this years’ endowment performance amongst colleges and the results have brought ACU into the spotlight. According to The New York Times, ACU’s endowment fund had a return of 9 percent over a five-year period. Spalding University saw a return of 8 percent over that same time period, but Yale only stood at a 3.1 percent return for the year ending June 30, 2012. “For the year ending
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VIDEO Watch the dancers ruminate about the Sanctify show, Anomaly
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michelle nix senior interior design major from dallas
June 30, 2013 smaller endowments have had better results than the average large endowment. We have had some very good results over the years,” Jack Rich, ACU’s chief investment officer, said. “We have been very blessed but a lot of that is cyclical; what works this year may not work next year. So I don’t read too much into how the smaller endowments have done better than the larger endowments over some time periods.”
ACU’s endowments are comparably smaller than schools like Yale and Harvard. “Our endowment is actually a good-sized endowment,” said Rich. “We have about $337 million in the endowment today. It looks to me like that would put us in the top 200 of schools, and there are thousands of schools, so that’s a good sign. But when you compare us to some of the large endowments like Yale, Harvard and University of Texas, they have billions and billions of dollars. So we are very small in that context.” ACU has come a long way since Rich first started working at ACU 22 years ago. “When I started, the ACU endowment fund was about $50 million. Today it is $337
million,” said Rich. “It’s very different in terms of how we invest, almost a night-andday difference. And part of it is size; we’ve gotten bigger and we can be more complex in our investments.” What “The New York Times” calls the “Yale Model,” has a similar philosophy to ACU. “The Yale Model is the idea of having a very diversified portfolio, by making use of alternative investments,” said Rich. “So alternative investments would be things like private equity, hedge funds, things that the typical investor doesn’t take advantage of. So, in that sense, we have a high allocation to alternative investments much like Yale and many larger ensee campaigns page 4
Elevator Pitch winner goes green brittany jackson
ONLINE
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My favorite part was watching Mark kiss the first baby pig that was squealing incessantly.”
Winners of the SpringBoard Elevator Pitch challenge were announced shortly after Chapel in Hart Auditorium yesterday. Troy Bonneau, freshman computer science major from Farmers Branch, won first prize for his Greenstrip idea. His idea takes timed lights and smart phone applications and combines them into one concept, allowing a user to save energy whether he or she is home or not. “I saw one of the little
timers you use at Christmas to control the lights, to turn the them on and off at different times, and I was just like, ‘how can I make that better?’” he said. “I think smart phone integration is a great way to bring a device into the phone. And so that’s how the Greenstrip came to be.” First prize awarded $1,500, which Bonneau said he will most likely put towards getting his idea out there. “I wanted an idea that people could see. A lot of the ideas expressed here in the past years were a little out there, I was re-
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ally looking for something the people could understand,” Bonneau said. “The most I could do is use the money to get my idea out to another investor who can fund it a little bit better.” Tyler Edison, junior finance major from College Station, won second place with his Thingstrend pitch. The idea centers around all college students in America having a safe and efficient online site to buy and sell items to one another. It has already been put into see springboard page 4
Garon Goodspeed staff photographer
Troy Bonneau, freshman computer science major from Farmers Branch, won first place for his pitch.
Mission Thanksgiving not over Marissa Jones editor in chief Bob Strader is talking to me as he walks. “It’s not full,” Strader says. “We have a lot of great donations, but even though we’ve announced it in Chapel and the truck is sitting there in plain sight, people are like ‘oh i didn’t know that ended today.’” Strader, director of Ministr y and Service, is coordinating the Season of Caring on campus and ACU’s partnership with Love and Care Ministries to help the community. For 10 days, a truck has been sitting, waiting next to the GATA fountain for donations from students. After Chapel, that truck will be driven to Arrow Ford on South 1st, and the donations will be given to Love and Care Ministries’ Mission Thanksgiving program. “If people miss the truck, they can still take it to Arrow Ford,” Strader see volunteer page 4