October 9, 2009, Bloomberg — The price of immortality is cheaper these days in the wake of the financial crisis.
September 21, Bloomberg — Businesses in the U.K. are cutting spending on the arts, and aren’t planning to increase it until 2011, according to a survey by the London-based nonprofit organization Arts & Business.
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.
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.
August 11, 2009, Bloomberg — Bill Gates, the world’s richest man, wants to provide the poor with a safe place to put their money.
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.
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.
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.
June 24, 2009, Bloomberg — The ranks of the world's millionaires shrank at the fastest rate in 2008, with North America suffering the biggest wealth loss worldwide, according to a survey by Capgemini and Merrill Lynch & Co.