Like all charitable donors, church members – even those who make donations to remain in good standing with their religious institution – give up their legal right to control that money.
Students had demanded for years that Harvard University divest from fossil fuels.
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Due to a ‘once-in-a-century crisis,’ five big foundations are spending more of their assets on grants than usual. Some are issuing bonds to finance their extra support for nonprofits.
There was something fishy about this $3 bill.
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Investor Bill Miller’s $75 million gift to the Johns Hopkins philosophy department clashes with conventional wisdom regarding the value studying the humanities today.
Harvard, located along the Charles River in Cambridge, boasts the largest endowment at $37.6 billion.
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Abram Van Engen, Arts & Sciences at Washington University in St. Louis
Trump’s budget would eliminate the National Endowment for the Humanities, breaking a tradition of funding humanities scholarship that goes back to the nation’s founding.
Can Berkeley stay Berkeley after budget cuts?
Peter Jackson
A bill before Congress is proposing colleges and universities with endowments of at least $1 billion spend 25 percent of the money on financial aid. What is the proposal missing?