Tag: Endowments

University of Michigan OKs ‘net zero’ carbon emission plan

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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

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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

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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...