Appeals Court Backs Tulane in Donor Lawsuit
In a dispute involving questions about a charity’s obligations to its donors, a Louisiana court of appeals last week ruled that Tulane University had the right to merge its undergraduate college for women into a new coeducational undergraduate division, a move the university made last year as a…
By Erin Strout
Contributor
Giving to Colleges and Universities Grew by 6% Last Year, Study Finds
American colleges and universities raised an estimated $28-billion in private donations in the 2006 ALSO SEE:CHART: How colleges fared in their fund raising last year: a statistical snapshot fiscal year, 6 percent more than in 2005 after inflation is taken into account, according to a new report by…
By Erin Strout
Contributor
Orthodontist Pulls Pledges From Dental Schools
A Florida orthodontist who made pledges that totaled more than $135-million to three dental schools has said that he will not be honoring his commitments, the colleges’ officials have said. Gasper Lazzara, chief executive of the Orthodontic Education Company and Imagine Orthodontics, pledged in…
By Erin Strout
Contributor
Higher Numbers for Higher Education
Private donations to colleges and universities rose by 4.9 percent in 2005; Stanford U. raised the mostColleges and universities raised $25.6-billion in private donations last year, a 4.9-percent increase from ALSO SEE: Giving to Colleges and Universities 2004. While it was the second consecutive…
By Erin Strout
Contributor
A College Gets a Late Start on Fund Raising
Table: Cortland College Foundation’s endowment at a glanceChart: Where Cortland College Foundation’s endowment is invested Database: How endowment investments fared at 210 nonprofit groups Articles: All of the advice and commentary from this special supplement on endowments Supplement in print:…
By Erin Strout
Contributor
Endowments Produced Returns of 11.4% in 2004
Foundations and other nonprofit organizations produced an average return of 11.4 percent on their investments last year, according to preliminary results of a new study by the Commonfund Institute. In fiscal 2003, the institutions gained an average of 17 percent. Foundations and other organizations…
By Erin Strout
Contributor
Donations to Colleges Post First Rise in 3 Years
Giving to colleges and universities grew by 0.7 percent, after adjusting for inflation, in the 2004 fiscal year, the first increase since 2001, a new report has found. Higher-education institutions collectively ALSO SEE: TABLES: Giving to colleges and private schools raised $24.4-billion in 2004,…
By Erin Strout
Contributor
$2-Billion Is No Longer ‘Icing on the Cake’
Chart: Where U.Va’s Endowment Is InvestedTable: U. of Virginia’s Endowment at a Glance Related articles: View all of the advice and commentary from this special supplement on endowments
By Erin Strout
Contributor