Tag: Endowments
University of Michigan OKs ‘net zero’ carbon emission plan
TRAVERSE CITY, Mich. — The University of Michigan announced a plan Thursday to achieve “net zero” carbon footprint status for its $12.5 billion endowment...
New Orleans Museum of Art announces 3 big gifts in 1 month
NEW ORLEANS — The New Orleans Museum of Art has announced a major gift to its photography department - the third such announcement this...
Foundations turn to bond market in response to rising need
As the pandemic’s misery continued last fall, foundation leaders like Robert Ross of the California Endowment discovered a way to pump hundreds of millions...