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A photo illustration of hands holding a stack of money.

House Republicans Finalize Plan to Increase Endowment Tax Up to 21%

The plan has been in the works for weeks and now will face a committee markup Tuesday.

Gates Foundation to Spend $200B Before Closing in 2045

Bill Gates is planning to close his philanthropic foundation in 2045, but not before he ramps up spending on health...
A flag with the Harvard University logo hangs above the entrance of Harvard's Lehman Hall.
Opinion

Modest Thoughts From a Minor Harvard Donor

This alumnus is happy Harvard is fighting for all of higher ed, Bruce A. Kimball writes.

UC Berkeley Faces Foreign Gifts Investigation

The Education Department is investigating the University of California, Berkeley, regarding compliance with a federal law that requires colleges to...
A building with columns on a green with a brick path at Limestone University

Limestone University Pulls Back From Brink of Closure

Limestone University’s board was set to decide whether to close or go online Tuesday. Instead the university announced a possible financial lifeline was in the works.

Broward College in Fort Lauderdale, Fla.

Broward College Trustees Exert New Control Over Foundation Board

The Broward College Board of Trustees granted itself more power over the institution’s foundation board earlier this year. Now trustees are wielding it. The trustees revamped the foundation's board and argue the organization is in need of greater financial oversight.

A photo illustration of Sweet Briar's campus and students.

How Sweet Briar College Defied the Odds of Closure

A decade ago, administrators tried to shutter the small women’s college in Virginia, but devoted alumnae fought back and prevailed. Thanks to them, it’s still standing. 

Philanthropic Giving to Higher Ed on the Rise

Philanthropic giving to higher ed institutions increased 3 percent when adjusted for inflation—for a total of $61.5 billion—between 2023 and...