Harvard endowment swells to nearly $30 billion
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Harvard University, already America's   richest university, on Tuesday said its endowment swelled to   nearly $30 billion as a new investment chief extended a long   run of beating its benchmark.
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Two top portfolio managers at Harvard Management Company each earned more than $25 million in fiscal 2004 for having delivered one of the best returns among all university endowments in the country.
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Yale University, flush with cash from strong investment returns, said on Monday it would spend roughly 37 percent more of its own money on financial aid for students and scientific research in 2008-2009.
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Rich prep schools, with wealthy and talented alumni to draw on, are becoming a lot richer. And itâs not just because they have a lot of generous donors.
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Private groups have reported raising more than $337 million for tsunami relief in what may be the greatest outpouring of donations for a foreign disaster in American history.
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Last week was the 30th birthday of   the Vanguard First Index Investment Trust, now known as the   Vanguard 500 Index Fund.
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World's richest Harvard alum tells grads to take on issue of human inequity and not be deterred by complexity.
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Prosperous alumni helped make 2006 a record fund-raising year for colleges and universities, which hauled in $28 billion -- a 9.4 percent jump from 2005.
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Harvard University announced on Wednesday its biggest curriculum overhaul in three decades, putting new emphasis on sensitive religious and cultural issues, the sciences and overcoming U.S. "parochialism."
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CAMBRIDGE, Mass. - Harvard University is planning a major expansion of its engineering program, including a 67 percent increase in the size of the faculty and the possible establishment of a separate school.
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The National Science Foundation (NSF) has awarded $7.5 million over five years to establish the Center for Probing the Nanoscale (CPN) at Stanford University.
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Harvard University&#39;s endowment paid its two top investment managers about $25 million each last year, less than the pair earned a year ago, but still enough
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including out of print volumes -- soon will become part of the vast Google database. Harvard, Stanford, the University of Michigan, the University of Oxford, and the New
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Events originating in Warren E. Buffettâs rejection from Harvard Business School have led to a gift to a Quaker private school that dwarfs some college endowments.
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Officials say expanded financial aid at Harvard may push other colleges to shift aid away from low-income students.
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As the first trickle of supplies broke through, Japan increased its pledge of aid from $30 million to $500 million.
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Survey shows that donations to the 400 largest nonprofit organizations increased by 2.3 percent in 2003, to more than $47 billion.