Endowments

Job Duties at Stanford Endowment

What are the responsibilities of a Managing Director of Operations inside an endowment? Directly and/or through his/her team, manage the following areas including (but not limited to): Strategic Leadership: Contribute to the development of...

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Caltech $750 Million Wonderful Gift

The school received a gift from the owners of The Wonderful Company. Mr. and Mrs. Resnick previously contributed nearly $38 million to Caltech, the university said. About $100 million of the new $750 million donation will go toward construction...

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Budget Deficit at Cornell

Running a University is not cheap. Case in point, by far the largest expense remains wages, pensions and benefits for Cornell’s nearly 18,000 employees, amounting to $2.9 billion and 64.8 percent of its budget. Although Cornell’s position as a...

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Duke Endowment Performance 2019

The school announced their endowment figures last month. The endowment saw a 6.9% annual return and is now valued at a record-high of $8.6 billion, as of June 30, 2019. This growth comes a year after the endowment posted a 12.9% return in 2018 to...

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