If, as a chief executive or senior program officer of a big foundation, you have the power to disburse large sums of money, people are likely to let you know, in ways both subtle and direct, that you are wise, witty, good-looking and an all-around swell human being. 1,131 more words
Tags » 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
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
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