Madoff Liquidator May ‘Claw Back’ Charities’ Profits
September 2, 2009

September 1, 2009, Bloomberg — Irving Picard, the liquidator for Bernard Madoff’s investment business, said he might sue charities that took out more money than they invested with the imprisoned con man to force them to return the difference.

Endowment Losses Threaten No-Loan Policies as Guarantees Vanish
August 26, 2009

August 25, 2009, Bloomberg — Swarthmore College, perennially ranked among the top liberal arts colleges, was among a select few to replace loans with grants to 50 percent of its 1,500 students as the endowment peaked at $1.4 billion two years ago.

Endowment Losses From Harvard to Yale Force Cuts
July 24, 2009

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.

Princeton, Williams Benefit From ‘Cheerier’ Markets
July 14, 2009

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.

Harvard Grad’s Smile-Fixing Nonprofit Gets Boost From HBO Movie
July 9, 2009

July 9, 2009, Bloomberg — Brian Mullaney figured that tapping one of the best smiles in Hollywood -- say, George Clooney, Nicole Kidman or Julia Roberts -- would surely boost publicity and donations for his organization that fixes the misshapen mouths of poor children.

Eli Broad, Trustees Help Raise $57 Million for L.A. Art Museum
June 30, 2009

June 26, 2009, Bloomberg — The Museum of Contemporary Art, Los Angeles said today that it raised about $57 million in the first half of 2009. The museum said it has reversed a decade of declining contributions to its endowment fund.