University endowments, long celebrated as a hallmark of fiscal strength, are now at the center of a heated policy debate. With billions of dollars held by institutions like Harvard, Amherst, and Grinnell—sometimes exceeding $1 million per student—lawmakers are questioning whether these funds truly serve affordability and access. Proposals to tax large endowments add pressure, especially as tuition costs remain steep and federal grants face freezes. Ironically, the very institutions that followed best practices in building endowments may now be penalized for their success, sparking tough questions about fairness, stewardship, and the future of higher education finance.
Read MoreAmerican higher education is facing a reckoning after decades of ignoring mounting economic pressures. Declining enrollment, rising costs, and shrinking public funding have exposed the unsustainable financial model at many institutions. While universities have invested in high-cost amenities to compete for students, these strategies have failed to address core budget gaps. Ellen Aprill’s argument for more flexible endowment use highlights a path forward: responsible, mission-aligned spending that prioritizes long-term sustainability over outdated norms. To survive, colleges must rethink what they offer, how they fund it, and what truly serves their mission.
Read MoreThe importance of endowments for nonprofit financial stability and growth is undeniable. The challenge of attracting endowment contributions from large foundations spotlights long-term viability risks for organizations with low or no financial reserves.
Read MoreIs your organization sitting on cash in the bank that could be used for important causes? If you’ve been saving up for a rainy day, now is the time to start spending those dollars. Read this blog to learn more.
Read MoreRecently, Harvard University made an announcement regarding its endowment’s growth in the past year, as well as a withdrawal from the endowment. While this has caused some consternation, I have a different point of view. Read this blog to understand the lessons you can learn from this example.
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