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Williams College Investment Office

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The Williams College Investment Office is the subsidiary office of Williams College responsible for managing the College's endowment of over US $ 4.2 billion. The Office is located in Boston , Massachusetts. Its Chief Investment Officer is Collette Chilton .

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80-610: In 2006, Williams College established the Investment Office to manage the endowment. In the early 2000s, the endowment had exceeded US $ 1 billion and the College decided more complex investment management was required to continue to grow the fund. The College hired Collette Chilton as Chief Investment Officer and set up an office in Boston, Massachusetts . The Investment Office has a staff of nine people who directly oversee

160-418: A liberal arts curriculum, Williams College provides undergraduate instruction in 25 academic departments and interdisciplinary programs including 36 majors in the humanities , arts , social sciences , and natural sciences . Williams offers an almost entirely undergraduate instruction, though there are two graduate programs in development economics and art history . The college maintains affiliations with

240-533: A 4–1–4 schedule of two four-course semesters plus a one-course "winter study" term in January. During the winter study term, students study one of various courses outside of typical curriculum for 3 weeks. Students typically take this course on a pass/fail basis. Past course offerings have included: Ski Patrol, Learn to Play Chess, Accounting, Inside Jury Deliberations, and Creating a Life: Shaping Your Life After Williams, among many others. Williams students often take

320-618: A Cabinet. The Cabinet's role is inferred from the language of the Opinion Clause (Article   II, Section   2, Clause   1) of the Constitution for principal officers of departments to provide advice to the president. Additionally, the Twenty-fifth Amendment authorizes the vice president, together with a majority of the heads of the executive departments, to declare the president "unable to discharge

400-693: A decade by the Keck Foundation and now with its student research programs sponsored by the National Science Foundation . Hopkins Hall serves as the administration building on campus, housing the offices of the president, Dean of the Faculty , registrar , and provost , among others. There is a Newman Center on campus. The Chapin Library supports the liberal arts curriculum of the college by allowing students close access to

480-489: A long-term return objective of 5% plus inflation. Overall, the Investment Office had a rate of return of -1.5% in the 2016 fiscal year, and an overall annual return of 7.3% for the ten years since the office was established. Williams College Williams College is a private liberal arts college in Williamstown, Massachusetts , United States. It was established as a men's college in 1793 with funds from

560-407: A number of rare books and documents of interest. The library opened on June 18, 1923, with an initial collection of 9,000 volumes contributed by alumnus Alfred Clark Chapin , Class of 1869. Over the years, Chapin Library has grown to include over 50,000 volumes (including 3,000 more given by Chapin) as well as 100,000 other artifacts such as prints , photographs, maps , and bookplates . The library

640-416: A reputation as a raconteur and rhetorician, delivered a three-hour speech before the college's board of trustees, quoting abundantly from scripture, but was unable to secure her son's admission. Later scholarship questions whether these events occurred as Festus Prince may have been refused entry for an insufficient mastery of Latin, Greek, and French, all of which were necessary for successful completion of

720-532: A tuition-based college. The legislature agreed and on June 22, 1793, Williams College was chartered. It was the second college to be founded in Massachusetts. At its founding, the college maintained a policy of racial segregation, refusing admission to black applicants. This policy was challenged by Lucy Terry Prince , who is credited as the first black American poet, when her son Festus was refused admission on account of his race. Prince, who had established

800-526: Is a highly selective school with an acceptance rate of 8% for the Class of 2025. It has ranked first in U.S. News & World Report' s rankings of National Liberal Arts Colleges every year since 2004. In April 2022, Williams transitioned to an all grants system for financial aid, one of the few institutions of higher learning in the United States to do so. Though Williams College officially began

880-545: Is a small, four-year liberal arts college accredited by the New England Commission of Higher Education . There are three academic curricular divisions ( humanities , sciences , and social sciences ), 25 departments, 36 majors , and two small master's degree programs in art history and development economics . Students may also concentrate in 12 additional academic areas that are not offered as majors (e.g., cognitive science ). The academic year follows

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960-540: Is codified in Title ;5 of the United States Code . Twenty-one positions, including the heads of the executive departments and others, receiving Level   I pay are listed in 5 U.S.C.   § 5312 , and those forty-six positions on Level   II pay (including the number two positions of the executive departments) are listed in 5 U.S.C.   § 5313 . As of January 2023 ,

1040-757: Is currently located on the fourth floor of the recently reopened Sawyer Library. The Chapin Library's Americana collection includes original printings of all four founding documents of the United States: the Declaration of Independence , the Articles of Confederation , the Constitution , and the Bill of Rights . Additionally it houses George Washington's copy of The Federalist and the British reply to

1120-581: Is highly unusual due to the threat of dismissal. The president also has the authority to organize the Cabinet, such as instituting committees. Like all federal public officials, Cabinet members are also subject to impeachment by the House of Representatives and trial in the Senate for "treason, bribery, or other high crimes and misdemeanors". The Constitution of the United States does not explicitly establish

1200-567: Is the 17th president of Williams, and took office on April 1, 2010. College Council (CC) was the student government of Williams College until 2020, when the student body voted to replace it with the Three Pillars plan: student-faculty committees, Williams Student Union (WSU), and Facilitators for Allocating Student Taxes (FAST). The WSU consists of 12 members (three representatives per class year) who are elected by their classes and serve semester terms. FAST members are responsible for managing

1280-608: Is the first woman to assume this role. In the last decade, construction has changed the look of the college. The addition of the $ 38 million Unified Science Center to the campus in 2001 set a tone of style and comprehensiveness for renovations and additions to campus buildings in the 21st century. This building unifies the formerly separate lab spaces of the physics , chemistry , and biology departments. In addition, it houses Schow Science Library, notable for its unified science materials holdings and architecture. It features vaulted ceilings and an atrium with windows into laboratories on

1360-576: The United States Congress , 22 U.S. Governors , 4 U.S. Cabinet secretaries, an Associate Justice of the Supreme Court , a President of the United States , 3 prime ministers, CEOs and founders of Fortune 500 companies, multiple Emmy , Oscar , Tony , and Grammy award winners, and professional athletes. Other notable alumni include 40 Rhodes Scholars and 17 Marshall Scholarship recipients. Colonel Ephraim Williams

1440-474: The vice president , 15 department heads, and 10 Cabinet-level officials, all except two of whom require Senate confirmation . During Cabinet meetings, the members sit in the order in which their respective department was created, with the earliest being closest to the president and the newest farthest away. The members of the Cabinet whom the president appoints serve at the pleasure of the president . The president can dismiss them from office at any time without

1520-466: The 2007 financial crisis led to its delay. College trustees initially balked at the Stetson-Sawyer project's cost, and revisited the idea of renovating Sawyer in its current location, an idea which proved not to be cost effective. The entire project includes construction of two new academic buildings, the removal of Sawyer Library from its current location, and the construction of a new library at

1600-522: The 2008 and 2009 report cards. In December 2008, President Morton O. Schapiro announced his departure from the college to become president of Northwestern University . On September 28, 2009, the presidential search committee announced the appointment of Adam Falk as the 17th president of Williams College. Falk, dean of the Zanvyl Krieger School of Arts and Sciences at Johns Hopkins University , began his term on April 1, 2010. Dean of

1680-464: The 2008-09 school year, the college eliminated student loans from all financial aid packages in favor of grants. The college was the fourth institution in the United States to do so, following Princeton University, Amherst College, and Davidson College . However, in February 2010, the college announced it would re-introduce loans to its financial aid packages beginning with the Class of 2015 due to

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1760-611: The Committee on Coordinate Education's final report, the trustees voted in June 1969 to regularly admit women undergraduate students in fall 1971. The college welcomed 137 women as first-year students in fall 1971. They were joined by 90 transfer and exchange students from women's colleges who, during their junior and senior year, participated in the Ten College Exchange Program which Sawyer helped to establish in

1840-547: The Constitution (Article   II, Section   1, Clause   1) vests "the executive power" in the president singly, and authorizes—but does not compel—the president (Article   II, Section   2, Clause   1) to "require the Opinion, in writing, of the principal Officer in each of the executive Departments, upon any Subject relating to the Duties of their respective Offices". The Constitution does not specify what

1920-583: The Declaration of Independence. The Chapin Library's science collection includes a first edition of Nicolaus Copernicus 's De revolutionibus orbium coelestium , as well as first editions of books by Tycho Brahe , Johannes Kepler , Galileo , Isaac Newton , and other major figures. The Williams College Museum of Art (WCMA), with over 12,000 works (only a fraction of which are displayed at any one time) in its permanent collection, serves as an educational resource for both undergraduates and students in

2000-468: The Faculty William G. Wagner took the position of interim president beginning in June 2009, and continued in that capacity until President-elect Falk took office. In 2014, Williams College brought their endowment above the 2 billion dollar mark. On March 11, 2018, former dean of the college at Brown University Maud Mandel was selected to be the 18th president of Williams College. Mandel assumed

2080-463: The General Court to dispute the delay in establishment of the free school, and in 1795, the Massachusetts legislature finally granted the school its charter. The Williamstown Free School opened with 15 students on October 26, 1791. The first president was Ebenezer Fitch . Not long after its founding, the school's trustees petitioned the Massachusetts legislature to convert the free school to

2160-665: The Level   I annual pay was set at $ 235,600. The annual salary of the vice president is $ 235,300. The salary level was set by the Government Salary Reform Act of 1989, which provides an automatic cost of living adjustment for federal employees. The vice president receives the same pension as other members of Congress as the president of the Senate . The individuals listed below were nominated by President Joe Biden to form his Cabinet and were confirmed by

2240-600: The Milham Planetarium, which uses a Zeiss Skymaster ZKP3/B optomechanical projector and an Ansible digital projector , both installed in 2005. The Hopkins Observatory's 0.6-m DFM reflecting telescope (1991) is installed elsewhere on the campus. Williams joins with Wellesley , Wesleyan, Middlebury , Colgate , Vassar , Swarthmore , and Haverford / Bryn Mawr to form the Keck Northeast Astronomy Consortium, sponsored for over

2320-877: The Non-Marketable Assets Advisory Committee are Timothy Barrows and Jonathan Sokoloff. The Co-Chairs of the Real Assets Advisory Committee are John Foster and Robert Pinkard. The Chair of the Investment Committee is Jonathan Kraft . The Investment Office does not directly invest in any stocks. Rather, the staff hires managers to invest the different assets in the portfolio. There are ten asset classes: global long equity, global long/short equity, absolute return, venture capital , buyouts, real assets, real estate , investment grade fixed income, non-investment grade fixed income, and cash . The Office has

2400-650: The Olmsted Brothers would advise the gradual transformation of campus design for six decades. The present-day grounds layout reflects much of the design intent of the Olmsted Brothers. Williams College is the site of the Hopkins Observatory , the oldest extant astronomical observatory in the United States. Erected in 1836–1838, it now contains the Mehlin Museum of Astronomy, including Alvan Clark 's first telescope (from 1852), as well as

2480-595: The United States is the principal official advisory body to the president of the United States . The Cabinet generally meets with the president in a room adjacent to the Oval Office in the West Wing of the White House. The president chairs the meetings but is not formally a member of the Cabinet. The vice president of the United States serves in the Cabinet by statute. The heads of departments, appointed by

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2560-551: The United States Senate on the date noted or are serving as acting department heads by his request, pending the confirmation of his nominees. The Cabinet permanently includes the vice president and the heads of 15 executive departments, listed here according to their order of succession to the presidency . The speaker of the House and the president pro tempore of the Senate follow the vice president and precede

2640-685: The Williams–Exeter Programme at Exeter College of Oxford University ; and Williams in Africa. Williams has a close relationship with Exeter College , one of the oldest constituent colleges of Oxford University . In the early 1980s, Williams purchased a group of houses, today known as the Ephraim Williams House, on Banbury Road and Lathbury Road , in North Oxford . The Williams-Exeter Programme at Oxford (WEPO)

2720-414: The approval of the Senate or downgrade their Cabinet membership status (the vice president of the United States is elected not appointed and serves in the Cabinet by statute). Functionally, the president may give wide latitude to department heads and often it is legally possible for a Cabinet member to exercise certain powers over his or her own department against the president's wishes, but in practice this

2800-683: The beginning of their term. An elected vice president does not require Senate confirmation, nor does the White House Chief of Staff , which is an appointed staff position of the Executive Office of the President. The heads of the executive departments and most other senior federal officers at cabinet or sub-cabinet level receive their salary under a fixed five-level pay plan known as the Executive Schedule , which

2880-424: The board but serving up to 15 years, although not beyond their seventieth birthday. The current chair of the board of trustees is Liz Robinson. The board appoints as senior executive officer of the college a president who is also a member of and the presiding officer of the faculty. Nine senior administrators report to the president, including the dean of the faculty , provost , and dean of the college. Adam F. Falk

2960-407: The board voted to move the college to Amherst, Massachusetts . In 1821, the president of the college, Zephaniah Swift Moore , who had accepted his position believing the college would move east, decided to proceed with the move. He took 15 students with him, and re-founded the college under the name of Amherst College . Some students and professors decided to stay at Williams and were allowed to keep

3040-477: The board. In 1976, Pamela G. Carlton '76 became the first woman alumni trustee and Janet Brown '73, the first woman graduate of Williams to serve on the executive committee of the Society of Alumni. As of 2021 , 45.6% of full-time faculty and 51.6% of the undergraduate class are women-identifying at Williams. In July 2018, Maud Mandel began her tenure as the 18th and current president of Williams College. She

3120-532: The book The Songs of Williams , a collection of songs sung at the college. During World War II , Williams College was one of 131 colleges and universities nationally that took part in the V-12 Navy College Training Program which offered students a path to a Navy commission. Originally a men's college , Williams became co-educational in 1970. Fraternities were also phased out during this period, beginning in 1962. Following

3200-408: The charter was revoked within a year when Massachusetts Governor Francis Bernard succumbed to pressure from Harvard College , which opposed the creation of a second institution of higher learning in the colonial-era Province of Massachusetts Bay . In 1765, the west township was incorporated as Williamstown. Five years later, the town's proprietors brought the executors of Williams' estate before

3280-510: The college's changed financial situation. In January 2007 the board voted unanimously to reduce college CO 2 emissions 10% below 1990 levels by 2020, or roughly 50% below 2006 levels. To meet those goals, the college set up the Zilkha Center for Environmental Initiatives and has undertaken an energy audit and efficiency timeline. Williams received an 'A−' on the 2010 College Sustainability Report Card, following 'B+' grades on both

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3360-493: The college, Doris DeKeyselingk, oversaw the Russian department beginning in 1958. During his time as president of Williams College, John E. Sawyer officially initiated the process of coeducation. After overseeing the abolition of fraternities, Sawyer created a faculty-trustee committee, the Committee on Coordinate Education and Related Questions, in 1967 to explore options for coeducation and co-ordinate education. In response to

3440-607: The ensuing meeting inspired them to take the Gospel abroad. The students went on to build the American Board of Commissioners for Foreign Missions , the first American organization to send missionaries overseas. The Haystack Monument near Mission Park on the Williams Campus commemorates the historic " Haystack Prayer Meeting ". By 1815, Williams had only two buildings and 58 students and was in financial trouble, so

3520-494: The entrance exam at the time, and which would most likely not have been available in the local schools of Guilford, Vermont , where Festus was raised. In 1806, a student prayer meeting gave rise to the American Foreign Mission Movement. In August of that year, five students met in the maple grove of Sloan's Meadow to pray. A thunderstorm drove them to the shelter of a haystack, and the fervor of

3600-642: The estate of Ephraim Williams , a colonist from the Province of Massachusetts Bay who was killed in the French and Indian War in 1755. Williams's main campus is located in Williamstown, in the Berkshires in rural northwestern Massachusetts, and contains more than 100 academic, athletic, and residential buildings. There are 360 voting faculty members, with a student-to-faculty ratio of 6:1. As of 2022 ,

3680-599: The executive departments will be, how many there will be, or what their duties will be. George Washington , the first president of the United States, organized his principal officers into a Cabinet, and it has been part of the executive branch structure ever since. Washington's Cabinet consisted of five members: himself, Secretary of State Thomas Jefferson , Secretary of the Treasury Alexander Hamilton , Secretary of War Henry Knox and Attorney General Edmund Randolph . Vice President John Adams

3760-501: The first-term assistant professors were women. Throughout the 1970s, Williams College experienced an increase of women in high administrative and advisory positions as well. In February 1970, the college hired its first female dean, Nancy McIntire. In October 1971, at age 29, Gail Walker Haslett was elected as a three-year term trustee on the Williams College Board of Trustees. She was the first woman to ever serve on

3840-493: The gowns he and his classmates wore to graduation in 1887. Seven years later he advised the Inter-Collegiate Commission on Academic Costume, which met at Columbia University , and established the current system of U.S. academic dress . One reason gowns were adopted in the late 19th century was to eliminate the differences in apparel between rich and poor students. Gardner Cotrell Leonard went on to edit

3920-409: The graduate art history program. Notable works include Morning in a City by Edward Hopper , a commissioned wall painting by Sol LeWitt , and a commissioned outdoor sculpture and landscape work by Louise Bourgeois entitled Eyes . Although often overshadowed by the neighboring and much larger Clark Art Institute and Massachusetts Museum of Contemporary Art (MASS MoCA), WCMA remains one of

4000-456: The land, which was at the time relatively worthless. Moore died just two years later after founding Amherst, and was succeeded by Heman Humphrey , a trustee of Williams College. Edward Dorr Griffin was appointed President of Williams and is widely credited with saving Williams during his 15-year tenure. A Williams student, Gardner Cotrell Leonard, of Albany, New York, whose family owned the city's Cotrell & Leonard department store, designed

4080-722: The management of the College's portfolio. Advising the staff are three Advisory Committees, made up of Williams alumni or parents with financial expertise. Overseeing all is the Investment Committee, consisting of eight members, who is finally responsible for the Investment Pool. On the staff level, the Chief Investment Officer remains Collette Chilton . The Co-Chairs of the Marketable Assets Advisory Committee are Ole Andreas Halvorsen and Elizabeth Robinson. The Co-Chairs of

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4160-449: The mid-to-late 1960s. The graduating class of 1975 was the first fully co-educational class to graduate from Williams. The college's admission of women undergraduate students coincided with the diversification of faculty and staff. An affirmative action program, launched in 1972 by President John Chandler , reinforced equal opportunity employment. In addition to facilitating the hiring and retention of African-American staff and faculty,

4240-653: The nearby Clark Art Institute and Massachusetts Museum of Contemporary Art (MASS MoCA), and has a close relationship with Exeter College , Oxford University , where the school runs a year-long study abroad program for juniors. The college competes in the NCAA Division III New England Small College Athletic Conference as the Ephs . Their athletic program has been highly successful, winning 22 of 29 College Directors' Cups for NCAA Division III. Williams

4320-500: The nearby Clark Art Institute and the Massachusetts Museum of Contemporary Art (MASS MoCA), and has a close relationship with Exeter College, Oxford . The college competes in the NCAA Division III New England Small College Athletic Conference as the Ephs . Prominent alumni include 9 Pulitzer Prize winners, 2 Nobel Prize laureates, a Fields medalist , a Lasker award recipient, 16 billionaires, 71 members of

4400-525: The new Sawyer Library was completed in 2014, after which the old Sawyer Library was razed. After several years of planning, the college decided to group undergraduates starting with the Class of 2010 into four geographically coherent clusters, or "Neighborhoods". Since the fall of 2006, first-years have been housed in Sage Hall, Williams Hall and Mission Park, while the former first-year dormitories East College, Lehman Hall, Fayerweather, and Morgan, joined

4480-403: The powers and duties of his office". The heads of the executive departments are—if eligible—in the presidential line of succession . The tradition of the Cabinet arose out of the debates at the 1787 Constitutional Convention regarding whether the president would exercise executive authority solely or collaboratively with a cabinet of ministers or a privy council . As a result of the debates,

4560-652: The premier attractions of the Berkshires. Because the museum is intended primarily for educational purposes, admission is free for all students. Located in front of the West College dormitory, the Hopkins gate serves as a memorial to brothers Mark and Albert Hopkins. Both made lasting contributions to the Williams College community. Mark was appointed as president of the college in 1836, while Albert

4640-572: The president and confirmed by the Senate , are members of the Cabinet, and acting department heads also participate in Cabinet meetings whether or not they have been officially nominated for Senate confirmation. The president may designate heads of other agencies and non-Senate-confirmed members of the Executive Office of the President as members of the Cabinet. The Cabinet does not have any collective executive powers or functions of its own, and no votes need to be taken. There are 26 members:

4720-432: The president originally lived in a nearby house where Hopkins Hall now stands. The house has been renovated multiple times since originally being built, including over $ 500,000 in renovations in 2000 and 2001. Since its creation in 1793, Williams College has had 17 full-time presidents and two interim presidents. The 18th president and current president is Maud Mandel , who began her tenure on July 1, 2018. Williams

4800-539: The president within their areas of responsibility without any specific delegation. Under 5 U.S.C.   § 3110 (also known as the 1967 Federal Anti-Nepotism statute), federal officials are prohibited from appointing their immediate family members to certain governmental positions, including those in the Cabinet. Under the Federal Vacancies Reform Act of 1998 , an administration may appoint acting heads of department from employees of

4880-422: The president, it is provided that "nothing herein shall be deemed to require express authorization in any case in which such an official would be presumed in law to have acted by authority or direction of the president." This pertains directly to the heads of the executive departments as each of their offices is created and specified by statutory law (hence the presumption) and thus gives them the authority to act for

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4960-613: The process of coeducation in the late 1960s, women integrated the college as early as the 1930s. Beatrice Irene Wasserscheid (née Acly) was the first woman to be awarded a Williams degree after successfully petitioning the trustees to pursue a master of arts degree in American literature. She received her master's degree in June 1931. That same decade, in 1935, Emily Cleland became the first woman to teach at Williams when she finished teaching her late husband's geology course after he died in an accident. The first tenured woman faculty member at

5040-430: The program prioritized hiring women. As a result of the efforts of the dean of faculty and the provost in collaboration with "Committee W", a women-led group dedicated to fulfilling the program's mission, the number of women faculty steadily rose. From the inception of Williams's affirmative action program in 1972 to its revision in 1975, the proportion of women full-time faculty increased from 4.5% to 11.7%. By 1975, 34% of

5120-517: The rear of a renovated Stetson Hall (which served as the college library prior to Sawyer's construction). The academic buildings, temporarily named North Academic Building and South Academic Building, were completed in fall 2008. In the spring of 2009, South Academic Building was renamed Schapiro Hall in honor of former president Morton O. Schapiro . In spring 2010 the North Academic Building was renamed Hollander Hall. Construction of

5200-431: The relevant department. These may be existing high-level career employees, from political appointees of the outgoing administration (for new administrations), or sometimes lower-level appointees of the administration. The heads of the executive departments and all other federal agency heads are nominated by the president and then presented to the Senate for confirmation or rejection by a simple majority (although before

5280-442: The remaining residential buildings as upperclass housing. During the spring 2009 semester, a committee formed to evaluate the neighborhood system, and released a report the following fall. From 2003 through 2008, Williams conducted a capital campaign with the goal of raising $ 400 million by September 2008. The college reached $ 400 million at the end of June 2007. By the close of the campaign, Williams had raised $ 500.2 million. As of

5360-663: The role on July 1, 2018. Williams is located on a 450-acre (180-hectare) campus in Williamstown, Massachusetts, in the Berkshires in rural northwestern Massachusetts. The campus contains more than 100 academic, athletic, and residential buildings. The early planners of Williams College eschewed the traditional collegiate quadrangle organization, choosing to freely site buildings among the hills. Later construction, including East and West Colleges and Griffin Hall, tended to cluster around Main Street in Williamstown. The first campus quadrangle

5440-517: The school has an enrollment of 2,021 undergraduate students and 50 graduate students. Following a liberal arts curriculum, Williams College provides undergraduate instruction in 25 academic departments and interdisciplinary programs including 36 majors in the humanities , arts , social sciences , and natural sciences . Williams offers an almost entirely undergraduate instruction, though there are two graduate programs in development economics and art history . The college maintains affiliations with

5520-466: The second through fourth floors of the science center. In 2003, Williams began the first of three massive construction projects. The $ 60 million '62 Center for Theatre and Dance was the first project to be successfully completed in the spring of 2005. The $ 44 million student center, called Paresky Center, opened in February 2007. Construction had already begun on the third project, called the Stetson-Sawyer project, when economic uncertainty stemming from

5600-566: The student activity tax and are in charge of distributing funds to registered student organizations (RSOs). To manage its endowment , the college started the Williams College Investment Office in 2006. In 2020, the endowment-per-student ratio reached $ 1.40 million unadjusted for inflation , while in 1990, it was $ 151,000. Adjusting for inflation, the endowment-per-student ratio had still increased to almost $ 600,000. In 2021, Williams' endowment-per-student ratio

5680-608: The use of a parliamentary-style Cabinet government. However, Lincoln rebuffed Seward. While Woodrow Wilson was a professor he also advocated a parliamentary-style Cabinet but after becoming president he did not implement it in his administration. In recent administrations, Cabinets have grown to include key White House staff in addition to department and various agency heads. President Ronald Reagan formed seven sub-cabinet councils to review many policy issues, and subsequent presidents have followed that practice. In 3 U.S.C.   § 302 with regard to delegation of authority by

5760-428: The use of the " nuclear option " during the 113th United States Congress , they could have been blocked by filibuster , requiring cloture to be invoked by 3 ⁄ 5 supermajority to further consideration). If approved, they receive their commission scroll , are sworn in , and begin their duties. When the Senate is not in session, the president can appoint acting heads of the executive departments, and do so at

5840-485: The winter study term to study abroad or work on intensive research projects. Williams' most popular undergraduate majors, based on 2021 graduates, were: The college's 2021-22 Comprehensive Fee was $ 76,980, including tuition ($ 61,450) and board, room, and fees ($ 15,530). 48% of students were given need-based financial aid , which averaged $ 63,516. Williams sponsors the Williams–Mystic program at Mystic Seaport ;

5920-623: Was an officer in the Massachusetts militia and a member of a prominent landowning family. Williams was killed at the Battle of Lake George on September 8, 1755. His will included a bequest to support and maintain a free school to be established in the town of West Hoosac, Massachusetts, provided the town change its name to Williamstown. Members of the Williams family first attempted to found Queens College in Hatfield, Massachusetts , in 1762, but

6000-423: Was elected a professor in 1829. The board of trustees of Williams College has 25 members and is the governing authority of the college. The president of the college serves on the board ex officio . There are five alumni trustees, each of whom serves for a five-year term. There are five term trustees, each elected by the board for five-year terms. The remaining 14 members are regular trustees, also elected by

6080-575: Was formed with East College, South College, and the Hopkins Observatory. The Olmsted Brothers design firm played a large part in shaping the campus design and architecture. In 1902, the firm was commissioned to renovate a large part of campus, including the President's House, the cemetery, and South College; as well as incorporating the George A. Cluett estate into the campus acreage. Although these campus renovations were completed in 1912,

6160-561: Was founded in 1985. Every year (except 2010–2011 and 2022–2023), 26 undergraduate students from Williams spend their junior year at Exeter as full members of the college. Williams is classified as "most selective" by U.S. News & World Report and "more selective" by the Carnegie Foundation for the Advancement of Teaching . Cabinet of the United States [REDACTED] [REDACTED] The Cabinet of

6240-579: Was not included in Washington's Cabinet because the position was initially regarded as a legislative officer (president of the Senate). Furthermore, until there was a vacancy in the presidency (which did not occur until the death of William Henry Harrison in 1841) it was not certain that a vice president would be allowed to serve as president for the duration of the original term as opposed to merely acting as president until new elections could be held. It

6320-405: Was not until the 20th century that vice presidents were regularly included as members of the Cabinet and came to be regarded primarily as a member of the executive branch. Presidents have used Cabinet meetings of selected principal officers but to widely differing extents and for different purposes. During President Abraham Lincoln 's administration, Secretary of State William H. Seward advocated

6400-529: Was one of nine colleges or universities to exceed $ 2 million along with Princeton , Yale, MIT , Stanford , Harvard, Amherst, Pomona , and Swarthmore . The Office of the President is located in Hopkins Hall, named after Mark Hopkins , Williams's fourth president, and the president of the college lives in the Samuel Sloan House, erected in 1801. Before moving into the Samuel Sloan House,

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