Education

Endowment Losses Threaten No-Loan Policies as Guarantees Vanish
August 26, 2009

August 25, 2009, Bloomberg — Swarthmore College, perennially ranked among the top liberal arts colleges, was among a select few to replace loans with grants to 50 percent of its 1,500 students as the endowment peaked at $1.4 billion two years ago.

Doing Good With Unused Gift Cards
August 25, 2009

August 24, 2009, The New York Times — Ever wonder what to do with that lingering $11.86 left on a gift card for Lowe’s or Bloomingdale’s? What about donating it to charity?

Harvard Endowment Regroups
August 25, 2009

August 24, 2009, The Wall Street Journal — Jane Mendillo spent her first year as Harvard University's endowment chief contending with the worst financial crisis in generations. Now she is repositioning the U.S.'s largest endowment in light of hard lessons learned.

Why She's Giving Away $50 Million
August 25, 2009

August 21, 2009, The Los Angeles Times — Imagine all the things you could buy if you had a spare $50 million under the mattress.

The Dollar General Literacy Foundation Issues $4.9 Million in Grants to Support Literacy
August 24, 2009

GOODLETTSVILLE, Tenn., August 24, 2009 — The Dollar General Literacy Foundation continues its commitment to promoting literacy and education by awarding grants to schools, public libraries and nonprofit organizations through its back-to-school and youth literacy grant programs. Combined, the 746 grants will provide $4.9 million in funding to schools and nonprofit organizations that support literacy and basic education initiatives.

College Try: Chicago's Stock Sale
August 21, 2009

August 21, 2009, The Wall Street Journal — College endowments, reeling from their worst annual performance in decades, are questioning their faith in investments that fueled huge returns before backfiring last year.

UNCC Gets ‘Watershed' Gift
August 19, 2009

August 19, 2009, The Charlotte Observer — Philanthropists Leon and Sandra Levine parted with more of their foundation's wealth Tuesday, donating $9.3 million to UNC Charlotte over 10 years for a merit scholarship aimed at developing community service leaders.

Early Learning Efforts in White Center and East Yakima Show Progress in Preparing Children for Kindergarten
August 14, 2009

SEATTLE,  August 12, 2009 — Thrive by Five Washington and the Bill & Melinda Gates Foundation today announced $8 million in new, joint funding to support two community partnerships that were launched last year and show progress in helping prepare children to enter kindergarten ready to learn. Research shows that kids who have access to high-quality early learning experiences are more likely to be successful in school and life.