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Billion-Dollar Growth at Big Funds
Huge cash infusions, market gains send assets soaring, survey finds
By MARINA DUNDJERSKI
The assets of 135 of the nation's wealthiest private foundations grew by $24.9-billion last year,
to $180.6-billion, a new Chronicle survey has found.
While the bull market helped pull up the earnings of many big grant makers, it was only partially responsible for the surge in endowment...