As pressure builds on philanthropy to respond to the disastrous social and economic effects wrought by COVID-19, the Wallace Global Fund is calling on philanthropic foundations to significantly increase their grantmaking beyond the 5% required by law.
A difficult operating environment and the challenge of meeting return targets is changing the way healthcare systems approach asset allocation and portfolio structuring, according to new research.
The economic devastation from the coronavirus pandemic already is estimated to top $1.7 billion at the Big Ten universities, which include some of the nation’s leading public research institutions.
The Treasury secretary ordered elite schools with “significant endowments” to return loans intended to help small businesses pay employees during the coronavirus pandemic. Some are resisting.