Endowments

May 19, 2020 - 3:10 pm
GREENVILLE, S.C. (AP) — A university in South Carolina announced that it is shutting down the men's varsity lacrosse team and the varsity baseball team in response to financial hardships caused by the cornavirus pandemic. Furman University in Greenville announced the sports cuts Monday along with...
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In this Tuesday, May 5, 2020, photo, Morehouse College senior Lanarion "LTL" Norwood Jr., of Atlanta, works on his computer in a hotel room in Atlanta. Students were sent home from the college amid the new coronavirus outbreak. Norwood learned the campus was shutting down and he was worried about going home to finish his senior year in a neighborhood he describes as "gang-ridden, drug-ridden, all over violence-ridden." Morehouse stepped up with a plan, working to house about 20 students. (AP Photo/Brynn Anderson)
May 15, 2020 - 2:04 pm
NASHVILLE, Tenn. (AP) — Ja’nayla Johnson worked hard in high school with the dream of being the first in her family to graduate from college, but she started to doubt herself as several colleges rejected her. Then Bennett, a small historically black women’s college in North Carolina, saw Johnson’s...
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FILE - In this Aug. 13, 2019, file photo, students walk past the statue of John Harvard in Harvard Yard at Harvard University in Cambridge, Mass. U.S. Education Secretary Betsy DeVos on Wednesday, April 22, 2020, urged the nation's richest colleges, including Harvard, to reject federal funding that was allotted to them in the government's multi-trillion dollar coronavirus rescue package. (AP Photo/Charles Krupa, File)
April 22, 2020 - 7:25 pm
CAMBRIDGE, Mass. (AP) — Harvard University announced Wednesday it will turn down $8.7 million in federal coronavirus relief, a day after President Donald Trump excoriated the wealthy Ivy League school over taxpayer money it stood to receive. Similar action was taken at Stanford, Princeton and Yale...
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A normally student filled campus square at Millsaps College in Jackson, Miss., is deserted in face of the coronavirus, as the liberal arts school, like many others, faces financial and enrollment challenges Friday, April 3, 2020. At present, the school has switched to on-line teaching. Colleges across the nation are scrambling to close deep budget holes and some have been pushed to the brink of collapse after the coronavirus outbreak triggered a series of financial losses (AP Photo/Rogelio V. Solis)
April 07, 2020 - 9:02 am
Colleges across the nation are scrambling to close deep budget holes and some have been pushed to the brink of collapse after the coronavirus outbreak triggered financial losses that could total more than $100 million at some institutions. Scores of colleges say they’re taking heavy hits as they...
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Defense Secretary Mark Esper testifies to the Senate Armed Services Committee about the budget, Wednesday, March 4, 2020, on Capitol Hill in Washington. An uptick in Taliban attacks against Afghan forces that prompted a retaliatory U.S. airstrike has underscored the fragility of the peace deal between the Trump administration and the group. Esper told the Senate hearing that the Taliban are honoring the agreement by not attacking U.S. and coalition forces, “but not in terms of sustaining the reduction in violence.” (AP Photo/Jacquelyn Martin)
March 13, 2020 - 8:09 am
WASHINGTON (AP) — The U.S. retaliatory airstrikes against militants in Iraq destroyed five weapons depots, but the top U.S commander for the Middle East acknowledged Friday that there are many similar sites that the U.S. has so far not hit because of potential civilian casualties and political...
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FILE - In this March 7, 2017 file photo, rowers paddle down the Charles River past the campus of Harvard University in Cambridge, Mass. An annual survey finds that most U.S. universities made money on their financial investments last year, but their returns were tempered by a global economic slowdown fueled by America’s trade war with China. Harvard University remained the wealthiest school in the U.S., with an endowment valued at nearly $40 billion. (AP Photo/Charles Krupa, File)
January 29, 2020 - 9:25 pm
BOSTON (AP) — Most U.S. universities made money on their financial investments last year, but their returns were tempered by a global economic slowdown fueled by America’s trade war with China, according to an annual survey of school finance chiefs. The survey, released Thursday, found that college...
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National Endowment for the Humanities Chairman Jon Parrish Peede announces $31 million in direct public grants to museums, historical sites and colleges across the country on Tuesday, Jan. 14, 2020, at the Georgia O'Keeffe Museum in Santa Fe, N.M. The relatively small-but-popular museum plans to combine federal grant funds and local contributions to expand exhibition space and consolidate downtown Santa Fe properties into a museum campus. Federal funding for the humanities is on the upswing despite repeated proposals by President Donald Trump to close down national endowments for the arts and humanities. (AP Photo/Morgan Lee)
January 14, 2020 - 12:54 pm
SANTA FE, N.M. (AP) — The National Endowment for the Humanities is seeking to inspire private and local matching investments in cultural institutions as it designated $31 million in public grants Tuesday to support humanities projects in 45 states. Federal funding for the humanities is growing...
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In this Thursday, Dec. 5, 2019 photo passers-by walk near an entrance to a building at Harvard Law School, in Cambridge, Mass. A cluster of commitments to atone for historical ties to slavery marks new territory in a reckoning at U.S. colleges that have responded up until now with monuments, building names changes and public apologies. (AP Photo/Steven Senne)
December 14, 2019 - 6:16 am
BUFFALO, N.Y. (AP) — The promise of reparations to atone for historical ties to slavery has opened new territory in a reckoning at U.S. colleges, which until now have responded with monuments, building name changes and public apologies. Georgetown University and two theological seminaries have...
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AP News
September 17, 2019 - 8:13 pm
LOS ANGELES (AP) — The University of California is dumping fossil fuel investments from its nearly $84 billion pension and endowment funds because they are a financial risk, its top financial officers announced Tuesday. "Our job is to make money for the University of California, and we're betting...
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FILE - This April 20, 2016, file photo shows the Salt Lake Tribune in Salt Lake City. The Salt Lake Tribune has announced plans to become a nonprofit as it moves toward a nontraditional model that it hopes will ensure long term stability after years of financial struggles. Salt Lake Tribune editor Jennifer Napier-Pearce said Wednesday, May 8, 2019, the move is aimed at finding a better way to fund the newspaper's operations because declines in advertising and circulation revenues that have plagued the industry seem irreversible. (AP Photo/Rick Bowmer, File)
May 08, 2019 - 4:49 pm
SALT LAKE CITY (AP) — The Salt Lake Tribune announced plans Wednesday to become a nonprofit as it moves toward a nontraditional model that it hopes will ensure long-term stability after years of financial struggles fueled by declines in advertising and circulation revenues. The plan for the Utah...
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