Harvard's endowment posts 8.1% return, lagging behind peers
US university endowment woes put spotlight on hedge funds
How the rich are hurting the museums they fund
“It is evidently still easier to raise money for fancy new things than to maintain what is already here.”
US colleges raise record amounts
Amounts raised in 2015
1.) Stanford University $1.63bln
2.) Harvard University $1.05bln
Capital Campaigns grow in frequency and duration
An informative piece explaining campaigns and illustrating their effectiveness. The article points out that “Capital campaigns can also have hidden costs, since the new facilities they pay for are often expensive to operate.” Much of the money raised for “education” is for facilities upgrades that have little to do with enhancing education. I wonder how we teach grit and resilience when campuses are perfect? What adversity do such kids face?