Tags » Endowments

McKnight Foundation: Investing for climate impact

In the world of philanthropy, the divestment movement is known as Divest-Invest.

“Divest” has gotten most of the attention. “Invest” will make more of a difference. 1,189 more words

Foundations

The Call to Nationalize Private University Endowments

BY BRIAN C. MITCHELL

Crain’s Chicago Weekly published a fascinating, head-scratching and troubling opinion piece recently by two professors from the University of Illinois at Chicago and Northeastern Illinois University critical of the “wealth hoarding” of large private research institutions. 778 more words

Budget Issues

What Yale Invested in to Almost Double Its VC Dollars Every Year

Yale University’s endowment apparently knows a thing or two about investing in venture capital.

The $25.6 billion endowment has gained an average of 93% per year on its VC investments over the past 20 years thanks to buying early stakes in tech companies that went on to become dominant in their fields, including Amazon , Google , Facebook , and LinkedIn , the university revealed in its latest annual report. 289 more words

Tech

House building begins

Uyeeda orphans children project in Kenya is all set to start the work of building a house in their new site. Thanks to Gerard Dailey who have donated the building materials. 39 more words

Endowments

Should we tax rich American colleges? One US state is going after Yale's $26-billion endowment

There are lots of ways to talk about inequality in the US, but one good measure is university endowments. While many public schools are straining from… 447 more words

Connecticut Legislators Size Up Yale Endowment As Shortfall Looms

Connecticut is facing a $266 million shortfall, but legislators think they’ve found a golden goose that can solve the problem: Yale.

A bill introduced this month proposes that schools with funds over $10 billion—just Yale—pay tax on their endowment income, according to… 203 more words

Finance