college endowments
Harvard's endowment among Ivy League's worst-performing funds after years of overpaying managers: report
Cornell, the Ithaca, NY-based school, is the only Ivy League university that has reported a lower 20-year annualized return than Harvard.
Managers of Harvard's $51B endowment head to Silicon Valley to repair investor relationships
The executives overseeing Harvard University's $51 billion endowment reportedly trekked around Silicon Valley last week, meeting with deep-pocketed investors as the Ivy League looks to repair its battered image. The...
Harvard lobbies Dems for tax break -- while endowment swells to $53.2B
Harvard's president, Lawrence Bacow, personally met with senior Democratic lawmakers, including Senate Majority Leader Chuck Schumer (D-NY), to lobby against the 1.4% excise tax.
University of Alabama trustees vote to refund $26M gift over abortion ban controversy
The University of Alabama gave back a philanthropist's $26.5 million donation and took his name off the law school Friday, a week after he called on students to boycott the...
Huge college endowments too rich for my taste
Nothing better demonstrates the utter gall of ultra-liberal socioeconomics these days than the sheer nerviness of large university endowments. Case in point: universities that have well over $1 billion in...
Yale endowment reaches record $27.2B
NEW HAVEN, Conn. — Yale University's endowment has grown to a record $27.2 billion. The Ivy League university said in a statement Tuesday the endowment earned an 11.3 percent investment...
Universities' large endowments are going untaxed
Last week, two news items hit my radar screen. Tax reform moved to center stage in Washington, and Harvard University’s not-for-profit endowment underperformed again. These two headlines meld into one...
It's time to put an end to massive university endowments
Harvard University announced last week that it will dramatically change the way it oversees its massive $35.7 billion college endowment. It isn’t often that an elite money manager — or...
A message to the silver-spoon-spoiled students of Harvard
The ivy-covered walls in Harvard Yard are turning into weeping willows in the wake of a whiny editorial in the student newspaper, the Harvard Crimson, titled, “The Urgency of the...
Antonin Scalia scores one last victory
Congenitally offended campus lefties finally lost one: The law school at George Mason University has been renamed for the late, great Justice Antonin Scalia. The State Council of Higher Education...
Colleges getting away with huge tax-free endowments
Look in the dictionary for the definition of the verb “invert.” It means “to turn upside down.” With all the talk of evil corporations merging with foreign companies for tax...
Higher education has lower returns for college endowments
Nearly two months after most US college students took their finals, the nation’s college and university endowments are closing the books on their fiscal year. For the most part, the...