Sentences with phrase «endowment fund announced»
In May, the trustees of Stanford University's $ 19 - billion endowment fund announced they would no longer invest in coal stocks.
http://www.jeffrubinssmallerworld.com/ Not exact matches
Just hours before Mahoney announced the state funding in her State of the County address Tuesday evening, the mayor held a press conference at City Hall to say that the endowment fund had just reached $ 10 million.
When Lamm announced his impending retirement in 2001, the school had an aggressive allocation to risky assets, with 46 percent of its endowment in a category labeled «alternative investments,» primarily hedge funds, private equity, and similar risky investment vehicles — a risk that was partially balanced by keeping fully 42 percent of the portfolio in U.S. Treasuries.
In 2012, the Andy Warhol Foundation announced that it would sell or give away all of its remaining Warhol holdings to bolster its endowment and focus on making grants to nonprofit art organizations to support artists and fund exhibitions.
So it came as huge shock to alumni and students when Bharucha announced in October 2011 that with an annual deficit of $ 16 million and an unrestricted endowment of $ 45 million, the school's available funds were on the verge of depletion.
United States Artists — a nonprofit arts organization that provides artists with grants funded by numerous philanthropic foundations as well as individuals — announced yesterday that it has received a $ 20 million operations endowment.