Big Gifts and Rising Stocks Fuel Growth

By HARVY LIPMAN

The endowments of 187 of the nation's biggest foundations, universities, and other non-profit organizations grew by $23.1-billion last year, according to a new survey by The Chronicle of Higher Education and The Chronicle of Philanthropy.

The growth was fueled by a combination of donations and increases in the value of invested assets. The average return on those...

To continue reading this premium article, you must have a Chronicle account AND a subscription or an online pass.

Subscriptions start at $40; Web passes for under $10.

If you have a Chronicle account:

Log in now.

User name

Password

 

Remember my user name
Forgot your user name?
Forgot your password?
Log in tips

Don't have a Chronicle account?

Create a free account to purchase a subscription or an online pass.

Your free account also allows you to sign up for Chronicle e-newsletters, participate in online discussions, and more…