Endowments

Harvard's Endowment Drops Sharply Amid Recession

AP | BOB SALSBERG | Posted 11.10.2009 | Business


BOSTON — The total value of Harvard's endowment plunged nearly 30 percent in the last fiscal year as the Ivy League institution's portfolio was ...

Whither Historic Riverside Church?

Sheryl McCarthy | Posted 08.06.2009 | New York


Sheryl McCarthy

Will Riverside continue to be a liberal, socially activist church that is welcoming to Christians of all races, genders and sexual persuasions, or will it will take on more of the trappings of a black, evangelical church?

Nonprofits: State Laws Blocking Access To Funds

AP | MARTHA WAGGONER | Posted 04.02.2009 | Business


RALEIGH, N.C. — The North Carolina Symphony has all the money it needs. But in this economy, the orchestra isn't allowed to touch it. The value...

Elite Prep Schools Equipped With College-Size Endowments

New York Times | GERALDINE FABRIKANT | Posted 03.28.2008 | Business


When Curtis Thomas, a 14-year-old from a poor family living in St. Rose, La., arrived here two years ago to attend Phillips Exeter Academy, he brought...