Foundation Endowments Dipped in 2008, but Giving Rose

Grant makers’ endowments plunged by 26 percent last year as the stock market fell to levels not seen in years, says a new report from the Commonfund Institute.

Full-text article by Caroline Preston is available via The Chronicle of Higher Education, 6.25.09. [Subscription required.]

Education Endowment Studies Merge

Two top studies analyzing the performance and management of the endowments of U.S. colleges and universities will be combined.

The National Association of College and University Business Officers and the Commonfund Institute will publish the first combined study in January 2010, reflecting results for the fiscal year ending June 30, 2009.

The merger will create an improved tool for the higher-education community by providing more complete reporting and more accurate results, and will include data from nearly 1,000 institutions, says John Walda, president and CEO of NACUBO.

Full-text article available via Philanthropy Journal, 11.25.08.