Autumn 2019
College Endowments Report Fiscal 2019 Returns, and the News Isn’t Good
Autumn is back to school season, and while some people might think about tailgating at football games, there is another competition that takes place on campuses every fall, colleges report their investment returns. While FoundationAdvocate's ("FA") focus is the private foundation universe, we are keenly interested in their nonprofit cousins, college endowments. Unlike most … [Read more...] about College Endowments Report Fiscal 2019 Returns, and the News Isn’t Good
Follow Up: Lilly Endowment is Second Largest in U.S. Ford Drops to Third
This summer we wrote that we believed that the Lilly Endowment would overtake the Ford Foundation in terms of assets, making Lilly the second biggest foundation in the U.S. Our thesis was confirmed recently as Lilly reported total assets of $15.1 billion in its 2018 filing and Ford provided indications that 2018 total assets would come in about $13.2 billion in its 2018 … [Read more...] about Follow Up: Lilly Endowment is Second Largest in U.S. Ford Drops to Third