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COLLEGE ENDOWMENTS

Endowment growth is leading to a big gap between rich and poor colleges

INTERNATIONAL RED CROSS HELICOPTER MISSING

Red Cross helicopter missing in Pakistan

UPDATE: SCHWAB FOUNDATION

Indiana Attorney General Steve Carter said that nearly 90 percent of the $8-million in assets held by the Olin B. and Desta Schwab Foundation have been recovered, reports the Fort Wayne Journal-Gazette. The attorney general’s office is suing the foundation for the actions of its former board…

UNICEF

Unicef has issued an appeal for $805-million in emergency aid, Reuters reports. The money will make basic supplies and services readily available to mothers and children in 29 places worldwide where present conditions constitute “an almost constant state of emergency.” Unicef said most of the money…

‘SURVIVOR’ STAR CHARGED WITH CHARITY WRONGDOING

Richard Hatch, the first champion of the reality-TV franchise “Survivor,” is on trial for financial misdeeds related to his $1-million winnings, including allegations of charity fraud, The New York Times reports. In addition to evading taxes and other misdeeds, Mr. Hatch is accused of spending…

BIG GIFT

Princeton U. receives $101-million pledge

CHARITY WATCHDOG CEO RESIGNS

Chief of Charity Commission for England and Wales resigns

NEW USAID HEAD

New USAID chief appointed to streamline foreign aid

GERMAN WIKIPEDIA

The Wikimedia Foundation, which operates Wikipedia, the interactive online encyclopedia, reached a settlement today that allowed the German version of the site to return to the Internet after a lawsuit prompted a three-day blackout, reports the Associated Press. The family of a deceased German…

MICROBE-STUDY GRANT

The Gordon and Betty Moore Foundation awarded a $24.5-million grant on Thursday to the University of California at San Diego, to study the genes of the vast number of microbes living in the world’s oceans, reports the San Diego Union-Tribune. The grant will be paid out over the next seven years to…