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Tag: endowments

Historic $100M Grant to UNCF Boosts HBCU Endowments

The United Negro College Fund (UNCF) recently received a $100 million grant from Lilly Endowment Inc., marking the largest unrestricted private donation in the...

Harvard Endowment Loses Money for the First Time Since 2016

Harvard University's endowment fund — the largest of any academic institution — decreased by $2.3 billion in fiscal year 2022, marking the school’s first...

Universities Increase Endowment Spending on Students Amid Investment Gains

College students, especially those from underrepresented populations, have been one of the most economically affected groups of the COVID-19 pandemic. Rising housing costs and...

University of California System Embeds DEI Practices in its Investment Strategies

Despite the numerous efforts colleges and universities have undertaken to increase diversity, equity, and inclusion (DEI) on their campuses, endowment fund investments often remain...

Scholarships or Endowments? Experts Weigh the Benefits of Where to Donate

Billionaire investor Robert F. Smith sparked headlines earlier this year when he promised to pay the tuition of every 2019 Morehouse College graduate. The...