A proposal to add a representative of the Princeton University Investment Company to the Council of the Princeton University Community was presented at the CPUC meeting on Monday by Resources Committee Chair Deborah Prentice, chair of the psychology department. Under the new proposal, the PRINCO representative would be a non-voting member of the Resources Committee.
Prentice said that, since PRINCO is an important link between the Resources Committee and the University Board of Trustees, a member from PRINCO should be added to the committee to prevent it from “lacking a critical source of information and communication that we need to get our work done.”
In order to avoid a conflict of interest, the PRINCO member added to the Resources Committee would be a non-voting member, but he or she will nevertheless be involved in committee discussions. The purpose of including a PRINCO member on the Resources Committee is to ensure “their presence in our conversation,” Prentice said.
The purpose of the Resources Committee is to consider general policy questions in managing the University’s financial resources. The committee itself does not make decisions about where the University can invest its funds, but it does make recommendations to the Board of Trustees. The Board of Trustees oversees the University budget through PRINCO, which directly sets investment policy and decides where to allocate Princeton’s assets.
Prentice added that since the Resources Committee has invited a PRINCO member to each of its past meetings, amending the CPUC charter to change the composition of the committee would make this addition formal.
CPUC meets six times per year to discuss important policy questions and is composed of administrators, professors, U-Councilors, staff members and alumni. The Resources Committee has recently reviewed petitions from students encouraging the University to divest holdings in fossil fuel companies and in companies associated with the production of firearms.
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Frist Health Center Infirmary closed overnight until Sept. 5
Clara Docherty and Eojin ParkThe University Health Services Infirmary will be temporarily closed for overnight stays, 10 p.m. to 7 a.m., until Sept. 5.
The University Health Services Infirmary will be temporarily closed for overnight stays, 10 p.m. to 7 a.m., until Sept. 5.
David Piegaro ’25 sues Princeton and PSafe head, alleging retaliation for Clio incident
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Late meal is late again, program scales back to 2–4 p.m.
Eojin ParkFrist Late Meal is reducing its hours to 2 to 4 p.m. for lunch Monday through Friday. Additionally, the Whitman-Butler and Rockefeller dining halls will be remaining open until 3 p.m. for lunch. The dinner hours remain unaffected.
Frist Late Meal is reducing its hours to 2 to 4 p.m. for lunch Monday through Friday. The dinner hours remain unaffected. Additionally, the Whitman-Butler and Rocky-Mathey dining halls will be remaining open until 3 p.m. for lunch.