University Endowments

Harvard Adjusts To Leaner Times: Vanity Fair

Vanity Fair | By Vanity Fair | Posted 08.03.2009 | Business


For years, administrators at Harvard University could throw money at anything that tickled their fancy. A new medical school building for $260 million...

Universities Addicted To Endowments: The Curse of Hoarded Treasure

Business Week | Peter Coy | Posted 04.01.2009 | Home


Something seems wrong with the way elite U.S. universities finance themselves. The problem: They're addicted to multibillion-dollar endowments. When t...

Colleges Feeling The Strain In Tough Economy

New York Times | Tamar Lewin | Posted 12.09.2008 | Business


Arizona State University, anticipating at least $25 million in budget cuts this fiscal year -- on top of the $30 million already cut -- is ending its ...

Harvard Hires First Woman To Manage $35 Billion Endowment

AP | Posted 04.05.2008 | Business


Harvard University has turned to a manager with a track record of success directing the assets of educational institutions, including Harvard itself, ...

College Endowments: Rich Get Richer

AP | JUSTIN POPE | Posted 03.28.2008 | Business


New figures on university endowments confirm it's not just the "haves" and "have nots" in academe these days. Beyond the great majority of colleges, t...