Board meetings, strategic plans, and buyer signals from Lisa A. Shay’s organization
Mar 5, 2026·BoardMeeting
Board
The Cooper Union for the Advancement of Science and Art Board of Trustees Board of Trustees Meeting
The meeting included reports from the Governance, Finance & Business Affairs, and Alumni Affairs & Development committees. Key agenda items included the appointment of a new trustee, a comprehensive review of college bylaws, and a presidential update focusing on institutional recovery, strategic challenges, and financial stabilization. The board heard a presentation on a student engineering competition, reviewed the current financial position and long-term outlook, and received an update on a branding and website redesign initiative. The board also discussed the transition toward a tuition-free model and long-term debt obligations.
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The Cooper Union For The Advancement Of Science And Art Annual Board Meeting
The meeting featured the President's report covering a one-year plan, executive staffing, academic deans' roles, academic freedom initiatives, and accreditation updates. Presentations included a revised humanities and social sciences curriculum and a portfolio overview by a faculty artist. Committee reports addressed enrollment statistics, student food insecurity, enterprise risk management, and the review of audited financial statements for the fiscal year. Additionally, the meeting covered fundraising status, long-term financial forecasting, investment performance, and the approval of the board's 2026 work plan. During an executive session, the board renewed trustee terms, appointed officers, and approved five tenure applications.
Sep 25, 2025·BoardMeeting
Board
The Cooper Union for the Advancement of Science and Art Board of Trustees Meeting
The meeting included the President's report, which outlined observations and plans for the academic year, followed by a discussion on resources for students and leveraging the Great Hall. An update on the website redesign project was presented. Committee reports covered Finance & Business Affairs, which reviewed the budget variance report for the fiscal year ending June 30, 2025, and proposed tuition and fees for FY2027. The Alumni Affairs and Development Committee introduced the new Vice President and provided an update on fundraising performance. The Investment Committee reviewed the updated Investment Policy Statement (IPS) and the Segregated Gift Annuity (SGA) IPS.
Sep 25, 2025·StrategicPlan
Board
The Cooper Union For The Advancement Of Science And Art Investment Policy Statement
This Investment Policy Statement for The Cooper Union for the Advancement of Science and Art defines the governance and management of its Investment Portfolio, encompassing both Endowment and Non-Endowment Investment Pools. It details the roles and responsibilities of the Investment Committee and Finance and Business Affairs Committee, outlines overall financial objectives emphasizing capital preservation and long-term obligations, and describes asset allocation strategies, including considerations for ESG and SRI criteria. The policy further establishes standards for investment management, spending, rebalancing, and the hiring and oversight of investment professionals to ensure prudent stewardship and support the institution's mission.
Extracted from official board minutes, strategic plans, and video transcripts.
