Now in improved financial circumstances, the Ford Foundation has begun a major review of all of its grant-making and program activities in this country and around the world, an effort usually undertaken during a period of retrenchment rather than of increased resources. (MSE)

A national study of 272 funds that gathered information on investments' market gains as well as interest and dividend income shows last year's increase in the value of the average endowment was the second-highest 1-year return recorded in the last 12 years. (MSE)

The preliminary findings of a broad national study indicate that the value of college and university endowments has risen substantially for the second year in a row, outpacing inflation, due mostly to the rise in stock prices in the past year. (MSE)