Hard up for cash, the state legislature in Massachusetts is considering a plan to tax college and university endowments that are valued at more than a billion dollars, according to University...

Are college and university endowments hoarding their money? Senator Charles E. Grassley, (R-Iowa) thinks so. And he wants to do something about it. He wants to require colleges and universities to...

As much bad news as we've carried about Oral Roberts University in the last couple of months, it only seems fair to report that ORU got some good news this week. USA Today is reporting that a...

Playboy founder Hugh Hefner has donated $2 million to the University of Southern California's film school, the School of Cinematic Arts. The money, according to the university, "will fund a...

Philanthropist Robert Day has donated $200 million to his alma mater Claremont McKenna College in Los Angeles, the college reported today. The gift will create the Robert Day Scholars Program....

While Ivy League rival Harvard may still have the largest endowment in America, Bloomberg reported today that the fastest growing endowment in America was at Yale. Yale University's endowment grew...

My latest Chronicle of Higher Education column is out this week. This time, I recall the final frantic day of our fiscal year, during which my office tried to reach a fund raising milestone....

My new Chronicle of Higher Education column is out this week. This time I look at American Idol, specifically the "Idol Gives Back" episode. What lessons did it teach us about philanthropy?...

(Source: Washington & Lee University) It's becoming commonplace: Over the last couple of weeks, four institutions have announced gifts of $100 million. As I reported earlier, the Universities...

(Source: University of Illinois) Another week, another $100 million gift in Illinois. As I reported last week, the University of Chicago received a nine-figure gift for scholarships. This time...

My new Chronicle of Higher Education column is out this week. It discusses branding in colleges and universities--specifically, using capital campaigns to strengthen brands. Hence "brand...

(Source: Harvard University) My latest Chronicle of Higher Education column appeared this week. It's a letter to Drew Faust, the incoming Harvard president. I thought I'd share with her some...

We're smack-dab in the middle of bowl season, when football takes center stage. But let's not forget the "other" bowl--bowling, of course. For a primer on (bad) bowling and some...

(Source: Stanford University) In recent weeks, several major universities have announced capital campaigns with eyebrow-raising goals. Virginia hopes to raise $3 billion, as does Yale. Columbia...

Let's see. I have $31 billion just lying around, and I think it's time to unload it. What to do.... I could give most of it to charity, perhaps refurbish some inner-city schools or try to cure...

Just how costly? Try $275 million. Following Summers' departure from Harvard, three potential donors have declined to make significant gifts until a new (permanent) president is named. Assuming...

We all get them-those pesky dinnertime phone calls from people asking us for money. We're annoyed, and our meal's getting cold. So we mumble something obscene into the phone and abruptly hang...

(Source: Columbia University) When is $5 billion in the bank not enough? When you're Columbia, evidently. Sitting on $5.2 billion already, Columbia hopes to raise another $4 billion over seven...

</> (Source: Reuters)The devastation of Hurricane Katrina is only now being fully realized. Officials predict the death toll will surpass that of September 11. Higher education did not escape...