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Annual reports for university endowments are starting to come in and, in many cases, are indicating impressive gains in the last year. So what are universities' responsibility and parameters for using this money after a year of budget cuts?
By Dave DeWitt, Leoneda Inge, Will Michaels, Charlie Shelton-Ormond, Jason deBruyn, Rusty Jacobs, Naomi Prioleau, Celeste Gracia, Kamaya Truitt, Anisa Khalifa4.9
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Annual reports for university endowments are starting to come in and, in many cases, are indicating impressive gains in the last year. So what are universities' responsibility and parameters for using this money after a year of budget cuts?