July 22, 2009, Bloomberg — Harvard University and Yale University are preparing for an extended period of austerity as U.S. colleges are forced to cut spending next year and beyond to offset the biggest investment losses since 1974.
July 13, 2009, Bloomberg — Rising stock and bond markets are lowering projected endowment losses at Princeton University and Williams College. The schools said they expect no gains in the next fiscal year.
SEATTLE, June 25, 2009, Associated Press — U.S. foundations saw their investments drop by an average of 26 percent in 2008 amid the economic downturn and stock market collapse, but that hasn't slowed their charitable giving, a new survey has found.
June 3, 2009, Bloomberg — Dartmouth College, alma mater of former U.S. Treasury Secretary Henry M. Paulson Jr. and General Electric Co. Chief Executive Officer Jeffrey Immelt, sold $250 million of 10-year notes, according to data compiled by Bloomberg.