Foundation to sell former site of Aryan Nations compound
SPOKANE, Wash. (AP) — The former site of a white supremacist compound in Idaho soon will be on the market.
The North Idaho College Foundation plans to sell the undeveloped 0.03-square-mile...
ANCHORAGE, Alaska (AP) — A state-sponsored raffle in Alaska has generated nearly $1 million for public schools in its first year, officials said.
BOISE, Idaho (AP) — The Idaho Legislature's budget-writing committee has signed off on a plan to pay nearly $500,000 more to buy back a building the state sold over two years ago.
PHILADELPHIA (AP) — Back in the mid-1700s, Benjamin Franklin spearheaded a lottery at Christ Church to help fund the construction of a steeple and supporting tower.
TULSA, Okla. (AP) — Oklahoma Attorney General Mike Hunter confirmed at a news conference Tuesday that the state has reached a $270 million settlement with the company that produces the painkiller...
ASU gets $50 million gift for research into dementia
TEMPE, Ariz. (AP) — Arizona State University will receive a $50 million donation to fund advancement in research of dementia, school officials announced Monday.
Bennington College announces $150M capital campaign
BENNINGTON, Vt. (AP) — Bennington College in Vermont has announced a capital campaign of $150 million, the largest-ever campaign for the school.
Are we alone in the universe? Penn State center searches
HARRISBURG, Pa. (AP) — Is anyone out there? Or are we alone in the universe?
Penn State intends to make its newly created Extraterrestrial Intelligence Center (PSETI) a global leader and...
LOS ANGELES (AP) — Roy Nwaisser has four degrees from the University of Southern California and is a superfan of its storied football squad — he hasn't missed a home or away game in 27...
AUSTIN, Texas (AP) — The $44 billion Texas Permanent School Fund is the largest education endowment in the country, but the state's public schools are seeing less money than they did decades...
SANTA FE, N.M. (AP) — The Latest on public education initiatives in the New Mexico Legislature (all times local):
New Mexico Gov. Michelle Lujan Grisham wants to keep the...
Kansas endowment raises more than $1 million in 1 day
LAWRENCE, Kan. (AP) — Officials with the KU Endowment say the organization raised more than $1 million in 24 hours to benefit the University of Kansas.
DNR ready to purchase 14k acres in Iron County
MADISON, Wis. (AP) — State Department of Natural Resources officials plan to ask their board next week for permission to spend nearly $5 million to purchase an easement on 14,350 acres in Iron...
University raises $1M for endowed chile research chair
LAS CRUCES, N.M. (AP) — New Mexico State University has announced it has raised $1 million to fund an endowed research chair to study chile.
Seton Hall taps Iona College head as new president
SOUTH ORANGE, N.J. (AP) — Seton Hall University has appointed the current head of Iona College to be its next president.
The school's board of regents voted to appoint Joseph Nyre, who has served as Iona's president since 2011. The appointment was announced Monday.
Nyre replaces Mary Meehan, who has served as Seton Hall's interim president since 2017.
Washington U. names engineering school for Square co-founder
ST. LOUIS (AP) — Washington University in St. Louis is naming its engineering school after one of its most prominent graduates — Square mobile payment co-founder James McKelvey.
The St. Louis Post-Dispatch reports that the change comes after a big gift from McKelvey, a St. Louis native. The donation will help fund more engineering scholarships, faculty recruitment and provide an endowment for investment in future needs as research and technology evolves.
University investments fare well in 2018, but worries linger
WASHINGTON (AP) — Hundreds of U.S. universities made strong returns on their financial investments last year, but experts worry the gains could be jeopardized by increased spending at many schools.
A survey of more than 800 colleges and universities found that their endowments returned an average of 8.2 percent in fiscal year 2018, down from the previous year's average of 12.2 percent but a major improvement over two sluggish years before that.
- The Spokesman-ReviewNorth Idaho College Foundation plans to sell former site of Aryan Nations compoundApril 18, 2019
- San Antonio Express-NewsPermanent School Fund needs increased oversight and transparencyApril 6, 2019
- The DayOld Lyme denies Lyme Academy request for $102,500 to help it stay openMarch 28, 2019
- Wisconsin State JournalVilas Zoo society funds to go into trust after contract expires, Dane County saysMarch 26, 2019
Middlebury College commits to 100 percent renewable energy
MIDDLEBURY, Vt. (AP) — Vermont's Middlebury College is committing itself to getting 100 percent of its energy needs from renewable sources within a decade.
As part of the plan approved unanimously by the college's Board of Trustees over the weekend, the college plans to eliminate within 15 years fossil fuel investments in the school's $1 billion endowment.
Middlebury President Laurie L. Patton says the plan is "bold and aspirational while remaining realistic and highly practical."
Work Ready endowment used to buy new welding units
MUSKOGEE, Okla. (AP) — Money through the Education Foundation of Muskogee can help welding students land area jobs, said Muskogee High welding teacher Jason McPeak.
The Work Ready grant helped McPeak buy two TIG (tungsten inert gas) welding units. The Exchange Club of Muskogee grant was awarded in April by the Education Foundation.
McPeak said the units enable students to weld a wider variety of metals, beyond iron and steel.
World-class plant collection could expand NCSU arboretum
RALEIGH, N.C. (AP) — The privately owned, 28-acre Juniper Level Botanic Garden in southern Wake County, renowned among lovers of rare and unusual plants from around the world, will become a satellite to N.C. State University's JC. Raulston Arboretum if promoters can raise enough of an endowment to fund operations.
Idaho buys timberland for state endowment investment
BOISE, Idaho (AP) — The Idaho Department of Lands says the state has purchased roughly 50 square miles (80 square kilometers) of timberland in northern Idaho.
University of Colorado announces $4B fundraising campaign
BOULDER, Colo. (AP) — The University of Colorado has announced its most ambitious fundraising campaign with the goal of raising $4 billion.
The university has already raised more than $2 billion in the quiet phase of the campaign, which has been ongoing since late 2013. University officials say they have now made the campaign public to hit the $4 billion mark, which could happen in the next three to five years.
Alaska Community Foundation announces $100 million endowment
ANCHORAGE, Alaska (AP) — The Alaska Community Foundation says a campaign to create an endowment to benefit nonprofit groups has raised more than $100 million.
Anchorage television station KTVA reports the total includes a $40 million gift from an unnamed single donor.
The foundation on Wednesday announced the $100 million threshold collected over five years.
Hampshire College seeks merger amid financial pressure
AMHERST, Mass. (AP) — A Massachusetts college is hoping to merge with another institution well before it reaches a financial crisis.
Hampshire College says it has a balanced budget and a healthy endowment, but it faces the same pressures that have forced other small schools to close.
Filing: Kansas military school failed to supervise cadets
WICHITA, Kan. (AP) — A Kansas military school failed to adequately supervise cadets entrusted to its care and intentionally inflicted emotional distress in 2014 on a bullied 11-year-old student who had been physically tied together with his harasser in public as punishment, according to an arbitration award made public Monday.
Shortly thereafter, the boy was allegedly raped and sodomized by his harasser in a dorm room at St. John's Military School in Salina, the court filing said.
Oregon man donates $1M to benefit Kentucky horse competition
LOUISVILLE, Ky. (AP) — The Kentucky Tourism, Arts and Heritage Foundation says an Oregon man has donated $1 million to create an endowment that benefits the Kentucky State Fair World Championship Horse Show.
- Business WireTiedemann Advisors Wins Multiple Family Wealth Report AwardsMarch 26, 2019
- Globe NewswireNational Fitness Foundation and AAU Announce PartnershipMarch 19, 2019
- Business WireTime for Endowments to Better Assess Risk When Making Portfolio Strategy Decisions, Says New RiskFirst ReportFebruary 13, 2019
- Business WireMilwaukee Symphony Orchestra Selects Northern Trust to Provide Investment Management Services for Endowment and FoundationFebruary 11, 2019
Scientists test new concrete with tiny wood particles in SC
GREENVILLE, S.C. (AP) — A parking lot in South Carolina is being used to test a new type of concrete infused with microscopic particles of wood.
The U.S. Endowment for Forestry and Communities owns the parking lot in Greenville and is partnering with federal officials, Oregon State University and Purdue University to test the material.
Purdue student’s cancer fight boosts research endowment
WEST LAFAYETTE, Ind. (AP) — A fundraising campaign honoring Purdue University student Tyler Trent's battle with cancer has picked up enough support to top the $100,000 mark.
The Tyler Trent Cancer Research Endowment was set up to support cancer research at Purdue.
University of Arkansas institute receives $100 million gift
CONWAY, Ark. (AP) — The University of Arkansas has received a $100 million gift from a trust established by the late Arkansas Gov. Winthrop Rockefeller.
The school said Friday that the endowment will continue funding the Winthrop Rockefeller Institute, which the university says focuses on civic, cultural, research and educational programs and activities.
University of Arkansas announces $10.8M estate gift
FORT SMITH, Ark. (AP) — Myles Friedman liked to challenge himself, and his $10.8 million estate gift announced last month will give honors program students at the University of Arkansas at Fort Smith the opportunity to do the same for themselves.
Q&A: Harvard’s new president on challenges, ideals
CAMBRIDGE, Mass. (AP) — Harvard University's new president is taking over at a contentious time for the nation's oldest college.
Brown University endowment hits high of $3.8B
PROVIDENCE, R.I. (AP) — Brown University's endowment has reached a high of $3.8 billion.
The Ivy League university says in a statement the endowment hit the new high and produced a 13.2 percent return during the fiscal year that ended June 30.
Brown say investment returns from global stock markets helped spurred growth.
Harvard endowment grows to $39B after 10 percent return
CAMBRIDGE, Mass. (AP) — Harvard University says its endowment has grown to $39.2 billion after returning 10 percent on its investments in the last fiscal year.
It marks a slight improvement over an 8.1 percent return that disappointed Harvard officials last year but still falls short of returns recently announced by some other elite universities.
Family fights university for using endowment for fundraising
COLUMBUS, Ohio (AP) — The family of an Ohio State University alumnus who endowed over $30 million to the school is fighting to keep the school from draining the money for fundraising purposes.
University of Virginia endowment increases to $9.5 billion
CHARLOTTESVILLE, Va. (AP) — The University of Virginia's endowment has increased by nearly $1 billion during the past fiscal year.
The Daily Progress reports that the university's endowment jumped from $8.6 billion last year to $9.5 billion this year.
$1.5M to be invested in Lincoln food and wellness projects
LINCOLN, Neb. (AP) — A Lincoln nonprofit is awarding more than $1.5 million to improve life and health in the capital city.
Community Health Endowment's funds will be used to construct a commercial kitchen and to improve and expand a wellness campus, the Lincoln Journal Star reported .
Jay Gonzalez: Massachusetts should tax college endowments
BOSTON (AP) — Democratic candidate for governor Jay Gonzalez said Massachusetts could raise $1 billion a year for education and transportation by taxing the endowments of the state's wealthiest colleges and universities like Harvard University and MIT.
Seattle University to divest endowment from fossil fuels
SEATTLE (AP) — Seattle University says it will become the first university in Washington state to completely divest its endowment from fossil fuels.
The Seattle Times reports that within the next five years, the school will no longer have any of its $230 million endowment in the funds and securities of fossil-fuel companies.
UND getting $1 million donation for accounting department
GRAND FORKS, N.D. (AP) — The University of North Dakota is getting a $1 million donation for its accounting department.
The Grand Forks school says the gift will fund endowments.
The person who's giving the money is choosing to remain anonymous. The school says the person is an alumnus and has given money before to benefit the department "that had such an influence on their own career."
Volunteer who rocks babies donates $1M to Alabama hospital
MOBILE, Ala. (AP) — A volunteer who rocks babies in a neonatal intensive care unit has donated more than $1 million to an Alabama hospital.
The University of South Alabama said in a news release last week that Louis and Melinda Mapp donated more than $1 million to USA Health Children's & Women's Hospital's Hollis J. Wiseman Neonatal Intensive Care Unit. The gift will establish an endowment that will enable staff to identify and offset unforeseen needs within the unit.
Eudora Welty gets first marker on Mississippi writers trail
JACKSON, Miss. (AP) — Mississippi has markers noting a blues trail, a country music trail, a civil rights trail and even an Indian mound trail.
Now, with the dedication of a marker to the late author Eudora Welty, the state is starting a writers trail.
Gov. Phil Bryant and National Endowment for the Humanities Chairman Jon Parrish Peede dedicated the first marker Monday at Welty's home in Jackson. Some of Welty's relatives also took part in the ceremony.
IRS to audit University of Louisville Foundation
LOUISVILLE, Ky. (AP) — The Internal Revenue Service says it will audit the University of Louisville Foundation.
The Courier Journal reports the IRS notified the foundation on Aug. 24 it had been selected for an audit. Agents plan to visit the foundation Sept. 11-13 and have asked for documents related to mismanagement and employee pay.
Manning donates $1 million for endowment at his alma mater
KNOXVILLE, Tenn. (AP) — Retired quarterback Peyton Manning has donated $1 million to the University of Tennessee to establish the John Haas Student Experiential Learning Endowment.
The donation honors John Haas, a longtime director and associate professor in Tennessee's College of Communication and Information's School of Communication Studies. Haas was Manning's college adviser and one of his professors.
Idaho agencies finalize deal on recreation on state lands
NAMPA, Idaho (AP) — The Idaho Fish and Game Commission will pay about $360,000 a year to retain public recreation access to nearly 3,600 square miles (9,324 square kilometers) of state land.
Oklahoma governor places Vision Fund on election ballot
OKLAHOMA CITY (AP) — Oklahoma Gov. Mary Fallin has placed on the Nov. 6 general election ballot a proposal to create a new oil and natural gas trust fund to help operate state government.
Fallin said Thursday she signed an executive order scheduling a statewide vote on the Oklahoma Vision Fund ballot question. If State Question 800 is approved, at least 5 percent of gross production tax receipts would be deposited into the fund annually.
UW officials to ask for $19M in additional funding
LARAMIE, Wyo. (AP) — University of Wyoming officials have agreed to ask state lawmakers for at least $19.35 million in additional funding for the 2019-2020 fiscal biennium.
Arts and science medal ceremonies absent under Trump
NEW YORK (AP) — In February 2017, weeks into the Trump administration, the National Endowment for the Humanities was reviewing a list of nominees for the National Humanities Medals, one of the top honors for creative and scholarly achievement. The plan, as in previous years, was to submit names to the White House and await final approval.
But the NEH chairman at the time, William D. Adams, seemed skeptical.
MINOT, N.D. (AP) — Officials with the Minot State University Development Foundation say they have received the largest single donation in foundation history.
The $4.6 million endowment from the late Janis Dislevy is meant to support faculty positions at the Minot State College of Business. Dislevy died in June of 2016.