In the long history of higher education, there have been many endowment gifts that have strengthened institutions and brought about profound public benefits, but there are sometimes disappointment and controversy. Savvy donors need to think carefully before entering into endowment agreements which are difficult to change before death and virtually…

As the calls for responsible investing grow, universities will be asked about their endowments' investment policies regarding impact investing, wherein endowments seek opportunities that provide investment returns and social impact. A common concern for the investment committees, however, is how to incorporate impact investments without…

The number of colleges and universities facing financial difficulty is rising rapidly, and the pressures upon these institutions will be exacerbated by the arrival of the "demographic cliff " (18 years out from the fall in birth rates during the 2008/09 economic downturn) in 2026/27. The Forbes annual financial ranking of academic…

In this research, we explore responsible investing in Canadian Universities. Interviews were conducted with 31 universities that were identified as having endowments or pension portfolios greater than $50M. We also reviewed publicly available data for these institutions. Universities reported facing numerous barriers but perhaps most noteworthy…

When the Carnegie Foundation was established in 1905, universities in Canada and Newfoundland were eligible for grants, on strict conditions that were seen by some as "colonial," "continentalist," or "imperial" intrusions on autonomy; for example, a Carnegie plan to create a federation of Maritime universities. This…

Universities consist of students, faculty and staff, interacting through multiple layers of organization and on a variety of time scales. They are complex adaptive systems (CAS) yet the bulk of scholarship on higher education analyzes them using conventional social science methods, with little work that tries to understand them using complexity…

University ranking systems influence a wide range of educational stakeholders, including students, faculty members, and campus administrators. Of these ranking systems, the "U.S. News & World Report" ranking of colleges and universities has been the subject of much research. However, little research has examined specific "U.S.…

Universities' endowment management practices have come under scrutiny by politicians and commentators who note that universities are tax-exempt, and do not want taxpayers subsidizing institutions only to have them accumulate wealth without advancing the public good. Defenders of university endowment policies argue that, to the contrary, managers…

The industry standard for evaluating the performance and management of college and university endowments, the "2015 NACUBO-Commonfund Study of Endowments" is based on information from 812 U.S. colleges and universities endowments and affiliated foundations.

The paper explained the concept university and the objectives of university education. Sustainable development and its purpose were then explained. The paper went further to analyze the various sources of financing the universities, including; the governments, endowment, and consultancy amongst others. The role of the universities in the…

In the last decade, private liberal arts universities have experienced financial difficulties requiring the need to raise private funds. The financial viability of these universities depends on the ability of university presidents to raise money; however, challenges remain to carry out this task. To increase fundraising effectiveness at the…

Historically, tactful and calculated development efforts have been attempted through various avenues in American higher education institutions. Higher education institutions have been creative in their attempts to ensure financial solvency. However, the common fallback of tuition increases have proved insufficient to meet most institutions'…

If there is one area of common ground between the Republican leadership in the U.S. Senate and House of Representatives, it is that the time has finally come for those entities that are not currently paying their fair share of taxes to step forward and be held accountable. Both the Senate and House tax reform bills propose that these…

This paper examines whether university endowment managers think only in terms of the assets they manage or also take into account background income, that is, the other flows of income to the university. Specifically, we test whether the level and variability of a university's background income (e.g., from tuition and government grants) affect its…

This publication provides governmental and higher education decision-makers a statewide perspective of Arkansas public higher education finance for the 2021-23 biennium, as well as trends for the past several years. It also contains a detailed financial profile of each institution and presents a basis for comparative assessments of revenue sources…