#university-endowments
#university-endowments

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University of Michigan's $20M early OpenAI investment now worth $2B as Musk trial documents reveal endowment bet

University of Michigan invested $20 million in OpenAI before ChatGPT existed, and the stake is now valued at about $2 billion.

Higher education

fromInside Higher Ed | Higher Education News, Events and Jobs

2 months ago

Endowment Returns Held Stable in Fiscal '25

University endowment returns held at 10.9% in FY25, donations fell 9.2%, and institutions face federal funding restrictions and a rising endowment excise tax.

US politics

fromInside Higher Ed | Higher Education News, Events and Jobs

7 months ago

White House Floats Compact for Preferential Treatment

The Trump administration is asking nine universities to adopt a 10-point compact requiring financial, transparency, and policy changes in exchange for federal funding preferences.

US politics

fromFast Company

9 months ago

How Trump's new tax rate on college endowments is threatening university jobs and financial aid

The new tax on university endowments is causing financial strain on wealthy colleges, leading to layoffs and reduced financial aid.

Higher education

fromSlate Magazine

10 months ago

Trump's Big Beautiful Bill Was Supposed to Punish "Woke" Universities. What Happened?

Congressional Republicans introduced an 8 percent tax on investment income of wealthy university endowments, but it applies to virtually no institutions.