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.
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.
Investor Bill Miller’s $75 million gift to the Johns Hopkins philosophy department clashes with conventional wisdom regarding the value studying the humanities today.
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.
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?