INSIDE
INDEX
Vol. CIV, No. 16 © 2022, The Heights, Inc. www.bcheights.com Established 1919
THIS ISSUE
NEWS.............A2 ARTS...............A7 METRO...........A4 OPINIONS.......A9 MAGAZINE.....A6 SPORTS.......A10
www.bcheights.com
Monday, October 17, 2022
Chestnut Hill, Mass.
MAGAZINE
METRO
From trick-or-treating to hay rides, there are lots of Halloween celebrations happening in Newton.
Prepare for Halloween with some tips on how to create a fun, affordable costume.
A5
A6
BC’s Endowment Drops Slightly By Erin Shannon News Editor
PHOTO OBTAINED BY THE HEIGHTS
Masked Individual Attempts to Break Into Off-Campus House By Erin Shannon News Editor
A masked individual attempted to break into an off-campus house on Kirkwood Rd. on Thursday night at around 10:15 p.m., according to a Boston College Police Department (BCPD) bulletin. “The victim reported that an unidentified male, thin build, approximately 6 foot tall, wearing a white REI zip-up rain hoodie,
light-colored cloth mask and black gloves had attempted to gain access into the residence on two different occasions this date,” the bulletin reads. The bulletin states that both BCPD and the Boston Police Department responded to the incident. The suspect was observed leaving the area in what appeared to be a dark-colored Jeep Wrangler or a similar vehicle. For students like Tierney Wold,
Arts
MCAS ’24, living close to the house where the attempted break-in occured is nerve-wracking. “I don’t live in the house that had the attempted break-in,” Wold said. “I live three doors down from it, and I know a couple of people in there vaguely, so that was kind of scary because like they are people that I know of, and it seemed very real.”
See Off Campus, A2
Boston College’s endowment slightly dipped from around $3.8 billion to $3.7 billion—an approximate $60 million drop—in the past fiscal year, according to the University’s financial statements. “University endowments nationwide experienced a downturn this past year as a result of market volatility,” said Associate Vice President for University Communications Jack Dunn. “Boston College is fortunate that its endowment losses were less than that of most peer institutions, thanks to the stewardship of Chief Investment Officer John Zona and the Investment Committee of the Board of Trustees.” Last year, BC’s endowment reached its record-high of $3.8 billion after a $1.2 billion jump from 2020. BC no longer discloses its investment portfolio, but most modern endowments invest in a variety of assets, including stocks, bonds, and real estate, among others. BC’s total assets increased by 3.6 percent or $230.1 million in the past fiscal year to reach a total of $6.7 billion. Liabilities also rose by $245.1 million, hitting a total of $1.8 billion. “The resulting total net assets, the equivalent of the University’s net worth, totaled $4.8 billion as of May 31, 2022, a
decrease of $15.0 million or 0.3% during the fiscal year,” the financial statement summary reads. The University’s total operating revenue grew $66.8 million or 7.5 percent during the fiscal year, reaching a total of $957 million. According to the University’s audited financial statements, the most significant operating revenue streams were tuition and fees, residential life, sponsored research, athletics, and dining services. “Directly contributing to the increase was the return to normal operations for student programming, on-campus trainings and events, as well as auxiliary enterprises including athletics, dining, and catering,” the summary reads. The University credited the return to normal operations across campus after COVID-19 as well as strong undergraduate and graduate demand to an overall successful year for BC. “Growth in contribution revenue as well as the final year of government support through the CARES Act, which is used for student aid and University support to off-set COVID-19 related expenses and lost revenue, also contributed positively to the current year,” the summary reads. “Eyeing the future, the University undertook a $300.0 million debt issuance to fund current and future capital projects.” n
Sports
BC Defeats Wildcats for First Win of Greg Brown Era
By Nicole Cho Heights Staff
it.
LYLA WALSH / FOR THE HEIGHTS
Dance on My Block Gets Crowd Moving
Dance groups and culture clubs taught the audience styles of dance from around the world. See A7
Blink and you would have missed
Cam Burke lined up for a faceoff midway through the second period of Boston College men’s hockey’s matchup at New Hampshire on Saturday. He won the faceoff and slid the puck to Colby Ambrosio, who was hovering above the left hash mark. Ambrosio received the pass and jammed the puck through New Hampshire’s defense, and, in a split-second, fired a rocket straight into the net. Ambrosio’s goal put the Eagles up 2–1 in the second frame, and BC (1–1, 1–0 Hockey East) never lost its lead. The Eagles went on to score two more—including a second goal from Ambrosio—to defeat the Wildcats 4–2. The win marked the
CHRIS TICAS / HEIGHTS STAFF
first career victory for BC head coach Greg Brown. “I think we had a very strong effort—that was the first thing that jumps out,” Brown said. “The guys really put their hearts into the game.”
Penalties plagued both teams all night, but only the Wildcats capitalized on one of their three power-play opportunities.
See Hockey, A10