Many Wealthy Colleges Don’t Disclose Investments
May 31, 2006
Sixty-six percent of the nation’s wealthiest colleges do not make their endowment investments public, allowing only trustees and senior administrators to know where the institution invests its assets, a new survey has found, reports The Chronicle of Higher Education and USA Today.
Read The Chronicle’s supplement on endowments at nonprofit institutions, including major universities and colleges. (A paid subscription is required to view the supplement.)