Campus Clips

Yale’s endowment return for 2022–23 was 1.8 percent. After spending, the value of the endowment on June 30 was $40.7 billion, down from $41.4 billion the year before. The other large endowments reporting their returns by press time had similar returns: MIT had a negative 2.9 percent return, Duke lost 1 percent, and UVA earned 2 percent.

Yale’s police union handed out flyers to arriving students and their families in August, warning that crime in New Haven is “shockingly high” and “getting worse.” The flyer—illustrated with an image of the Grim Reaper—advised students to avoid public transportation, stay on campus, and stay off the streets after 8 pm. Yale and New Haven officials denounced the flyer, which was issued during ongoing union contract negotiations, as inaccurate and misleading.

The Management School will offer a one-year master’s degree in technology management beginning next fall. The program is designed for Yale College engineering graduates who are interested in combining technology and business in their careers.

A fund that awards research grants in the life sciences at Yale just got bigger: the Blavatnik Family Foundation has given $40 million to the Blavatnik Fund for Innovation at Yale. The fund was launched in 2016 with a $10 million donation from the foundation. Administered by Yale Ventures, the fund has provided $20 million to 63 projects, leading to 19 spinoff companies.

Three Yalies want to make it easier for people to shop in New Haven. An app called Sillable, developed by Aaron Daniels ’23, Lele Xu ’23, and Burton Lyng-Olsen ’25, lets users search for items ranging from oven mitts to bike locks, available from local retailers. The team hopes the app will encourage people to find local alternatives instead of ordering from retail giants like Amazon.