Education

Yale Endowment Has Investment Loss of 24.6 Percent in Fiscal Year
September 23, 2009

BOSTON, September 22, 2009, Reuters — Yale University said on Tuesday that its endowment produced an investment loss of 24.6 percent in the fiscal year ended June 30, when big bets on private equity holdings, real estate and commodities soured.

Lewis University Announces Historic $30 Million Campaign at Signum Fidei Celebration
September 17, 2009

ROMEOVILLE, September 17, 2009 — Lewis University hosted its 11th annual Signum Fidei Celebration Saturday, Sept. 12, at the historic Palmer House Hilton in Chicago, a perfect setting for the history-making launch of the $30 million Campaign for Lewis University: Touching Hearts and Minds.  More than 500 guests enjoyed the gala event which included a reception, silent and live auctions, raffle, elegant dinner, entertainment and the presentation of the annual Signum Fidei Award to William Rybak, Lewis alumnus and Chair Emeritus of the Lewis University Board of Trustees.  

The Hewlett Foundation Grants UC Irvine $320,000 to Expand OpenCourseWare Initiative
September 16, 2009

IRVINE, Calif., September 15, 2009 — The University of California, Irvine today announced the William and Flora Hewlett Foundation has provided $320,000 in grant support to further develop the University’s OpenCourseWare (OCW) program and to advance the Open Education Resources Movement (OER) which it serves. With this funding, the University will expand existing free online courses and programs, and create new content—all available free of charge, to learners across the globe.

Foundation Center Launches National Education Stimulus Initiative
September 16, 2009

New York, September 16, 2009 — The Foundation Center today announced the launch of "Foundations for Education Excellence," a national initiative it is supporting to engage philanthropic institutions and education leaders across the country in a unified, strategic drive to improve public education. The cornerstone of this initiative is a new online resource center that will help education funders align their grantmaking — and maximize their overall impact — with funds available through the American Recovery and Reinvestment Act (ARRA).

Tulane Sets $1 Billion Fundraising Goal
September 15, 2009

September 13, 2009, The Times-Picayune — Tulane raised $730.6 million in its most recent fundraising drive, which paid for, among other things, construction of a residence hall, photographed in March 2005.

Walmart and Sam's Club Donate More Than $4 Million to U.S. Teachers Through New Teacher Rewards Program
September 15, 2009

Bentonville, Ark., September 15, 2009 — To help offset rising expenses for classroom supplies this back-to-school season, Walmart and Sam's Club have launched Teacher Rewards, a new program to provide more than $4 million to 40,000 deserving teachers across the United States. On average, teachers spend more than $500 a year out of their own pockets for classroom supplies, according to the American Federation of Teachers. Statistics like these inspire Walmart and Sam's Club associates to continue supporting education and teacher recognition in their local communities.

Lowe's Continues Long-Standing Commitment to Education With $2.5 Million in Special Grants-Toolbox for Education(R) Celebrates 5 Years
September 15, 2009

Mooresville, N.C., September 15, 2009 — At a time when schools are forced to slash budgets, cut staff and cancel programs, Lowe's and the Lowe's Charitable and Educational Foundation announced today they are continuing their commitment to K-12 public education by dedicating more than $2.5 million in additional grants to schools and communities in the United States and Canada. The grants will be given to schools and non-profit organizations facing fundamental needs in difficult economic times.

UK Has to Tap Into Donors' Principal
September 15, 2009

September 13, 2009 — Like many donors to universities, Dr. David B. Stevens wasn’t surprised when he got a letter from the University of Kentucky this summer saying that the fellowships he established had taken a hit from the stock market.