The Kennedy Center is establishing a new endowment in President Trump’s name to support previously existing private endowments and its $257 million in federal funding. The fund was created at a Thursday meeting of the performing arts center’s board of trustees, with the members voting unanimously to acknowledge the president’s contributions to the center by … Read more
Under N.P. Narvekar, the university’s endowment has grown from $35.7 billion to nearly $57 billion. Source link
NEW YORK — Former housing secretary Julián Castro sees at least one constant throughout the next decade. That’s the need to build lasting philanthropic support for U.S. Latinos — who are among the country’s fastest-growing racial or ethnic groups and who he sees facing a “five-alarm fire” with rollbacks to education, business and immigration opportunities. … Read more
Princeton University President Christopher Eisgruber lobbied members of Congress repeatedly to deter an increase in the endowment tax on colleges and universities. Instead, when the One Big Beautiful Bill Act passed last summer, Princeton became one of a handful of schools whose endowment tax ballooned. Now, President Eisgruber is preparing his institution for change as … Read more