Philanthropy

TweetU.S. colleges and universities raised a record $40.31 billion last year, buoyed by megagifts to Stanford University, Harvard University and other wealthy institutions. The 7.6% increase in charitable…

 

TweetColleges’ endowments returned an average of 2.4 percent in the 2015 fiscal year, the lowest annual rate reported by the annual Nacubo-Commonfund Study of Endowments since 2012, when…