University

Berkeley Div. still faces state scrutiny

February 22, 2002 • 0
While Yale and Berkeley Divinity School officials are placing the finishing touches on a new reaffiliation agreement, the Connecticut Attorney General’s Office is still investigating possible misappropriated funds within Berkeley. Attorney General Richard Blumenthal has asked the school to turn over many of the school’s financial records and documents. Berkeley, an Episcopal seminary affiliated with »
University

Berkeley Div. School hires interim dean

February 20, 2002 • 0
The Berkeley Divinity School announced yesterday that it hired the Rev. Frederick Borsch as its new interim dean following former Dean R. William Franklin’s Jan. 1 resignation amid allegations of financial mismanagement. The announcement comes as Yale and Berkeley officials are on the verge of completing a reaffiliation agreement between the Yale Divinity School and »
University

Julie Grant appointed University budget director

February 18, 2002 • 633
After a six-month search for a new budget director, Yale decided to go with in-house experience and hired former associate comptroller Julie Grant. Grant replaced former director Gary Sax, who announced his retirement last March after a five-year tenure in which the University budget thrived. Inheriting a $1.4 billion dollar operating budget and a $324 »
University

Term bill to rise 3.9 percent in 2002-2003

February 14, 2002 • 0
The Yale College term bill for next year will increase 3.9 percent to $35,370 for next year, Yale President Richard Levin announced today. The University raises the total cost of tuition and room and board every year, but this year’s increase is the most significant in four years. The fee hike comes largely in response »
University

Negotiations begin with subcontracting as issue

February 13, 2002 • 0
Six years ago, negotiations between Yale and its unions broke down in part because of a dispute over Yale’s demand to be able to subcontract work by hiring non-union workers for jobs typically filled by union members. In the contracts that were finally signed, 13 months and two strikes later, the University gained what many »
University

Enron tied to several universities

February 7, 2002 • 0
After Enron declared bankruptcy in December, the former Fortune 500 company’s collapse has unraveled into one of the largest financial scandals in history. The scandal has now stretched beyond business and political circles and into educational ones, as Enron had ties to many universities around the nation. At the end of the quarter ending March »
University

Investment ethics debate continues

February 1, 2002 • 0
While Yale’s $10.7 billion endowment has experienced unprecedented growth over the last decade, success has not erased accusations of unethical investments or the lingering concerns of some over failure to disclose holdings. With the University preparing to enter its historically troubled labor negotiations, any questionable investment has the potential to become a huge liability for »
University

Agreement prevents TD workers from striking

January 29, 2002 • 0
Last summer, as Yale officials finalized the contracts for the renovations of Timothy Dwight College, they asked for assurances that construction workers would not walk out should Yale’s unions go on strike. Officials said they considered the request to be routine. But with historically divisive negotiations between Yale and its two largest unions looming, the »
University

Trustee approved improper payment

January 28, 2002 • 0
The chairman of the Berkeley Divinity School’s board of trustees said he supported former Dean R. William Franklin’s request that Berkeley pay for part of his daughter’s Harvard Medical School tuition, not knowing at the time that such payment violated Yale policy. Franklin resigned in December amid allegations of financial mismanagement at Berkeley, an Episcopal »
University

Yale Bowl may get major renovation

January 25, 2002 • 0
Yale’s Facilities Office has submitted a feasibility study to University President Richard Levin for a renovation of the Yale Bowl, which could start as early as next fall and cost approximately $25 million. The study gave a range of options for the renovation of the 87-year-old decaying stadium, but the timing of the project still »
University

Div. debacle forces Yale to reevaluate affiliations

January 21, 2002 • 0
As more details surface about the alleged misappropriation of tens of thousands of dollars by the Berkeley Divinity School, the controversy surrounding the school’s finances has forced Yale officials to re-examine Yale’s relationship with affiliated institutions. Yale officials remain in the ongoing process of drafting a new affiliation agreement with Berkeley. “We have had a »
University

Yale enlists famed architect for new art history building

January 16, 2002 • 0
Over four decades ago, Yale had renowned architect Paul Rudolph design the Art & Architecture Building, which now bears his name. Now, Yale has repeated the feat by enlisting Getty Museum architect Richard Meier to design a new art history building next door. The new building, which will stand between the existing A&A building and »