Prior to its closure last year, Northland College in Ashland borrowed $22 million from its endowment fund to cover its financial shortfall, causing funds to dwindle to $3.3 million this year.
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New endowment hopes to raise a big pile of money for open source projects
Grants for critical, unappreciated projects Open source projects, ever short of funding, have a potential new source of ...
Nonprofit organizations pursue financial stability to sustain and grow their mission over the long term. To accomplish this ...
Lower expected gains from traditional assets have prompted some funds to test bitcoin and ether exposure to diversify portfolios.
A successful endowment helps in reducing the financial burden of a university by generating a consistent flow of income year ...
Dave and Linda Foley establish endowment fund at the Springfield Foundation to support the Springfield Family YMCA.
Prominent U.S. universities face steep endowment tax hikes in fiscal year 2026, as a law passed by Congress takes hold. Schools like Yale and the Massachusetts Institute of Technology are making cuts ...
The College of Marin will receive a $10 million matching grant to establish a new endowment for students in need. The grant, from the Houston-based Jay Pritzker Foundation, will match contributions ...
US university endowments are collectively closing in on $1tn assets under management. While a trillion bucks isn’t quite what it used to be, it’s still a lot of money; and the distributions make ...
For the first time since its 1998 inception, Nebraska lawmakers are slated to remove state tax dollars from a unique endowment fund that supports arts and humanities ...
Cambridge University’s endowment fund has invested more than £140m ($189m) in a fund that owns shares in companies linked to ...
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