SPECIAL REPORT
November 16, 2014

2014 Endowment Survey

For years, the so-called endowment model could do no wrong. Pioneered by large private colleges, it calls for broad diversification, including plenty of "alternative investments" like hedge funds, private equity, timber, and real estate.

Through 2007, the big colleges and foundations that mimicked trailblazers like Yale and Harvard posted investment returns that crushed those earned by smaller endowments.

Then came the 2008 financial crisis, and many of the colleges and foundations that embraced the endowment model fell just as far, if not further, than those that took a more traditional approach.

Now, as stocks roar higher, the endowment model appears to be faltering once again.

Article
November 16, 2014

Efforts to Outsmart Market Give Ground to Basic Investment Strategies

While rich nonprofits used to do well with hedge funds, private equity, and other alternative investments, groups that invest in stocks are faring better.

Article
November 16, 2014

Endowment Performance at Select Nonprofits

Results from a Chronicle survey of nonprofits show wide disparities in investment earnings.

Article
November 16, 2014

With Donors Riding Stock-Market Highs, More Charities Look to Capture Some of Those Gains for Endowments

More groups are stepping up planned-giving drives.

Article
November 16, 2014

Groups Take Differing Approaches to Windfalls

Some spend freely from fattened endowments, while others stick to more stodgy and sustainable giving formulas.

Article
November 16, 2014

Anti-Fossil-Fuel Movement Gains a Nonprofit Following

Membership in a network of foundations that have pledged to divorce themselves from fossil fuels has grown from 17 to 72 since January.

Article
November 16, 2014

Foundations Struggle to Show Diversity in Hiring Money Managers

Knight’s leader Alberto Ibargüen has made it a priority to increase the number of minority-owned firms that manage the fund’s fortune.

Article
November 16, 2014

How the Survey of Nonprofit Endowments Was Compiled

More than 230 nonprofit organizations provided data.