The Kennedy Center board, with Trump appointees, voted to create a new endowment honoring Donald Trump after his name was legally removed from the building. Critics call the move a political elevation over arts advancement.
Egyptian ministers met to discuss Zamalek Club's land contract negotiations with the Ministry of Endowments. The club disputes the land's valuation, citing financial difficulties, while the ministry emphasizes protecting public funds. A settlement for old debts was reached, and discussions continue on a new contract to ensure the club retains land use.
Harvard Management Company has sold all its Ether holdings, including $87 million in an Ethereum ETF, and reduced its Bitcoin ETF shares. This follows a turbulent year for ETH and departures from the Ethereum Foundation.
Oprah Winfrey has endowed Morehouse College with $25 million over 30 years, focusing on holistic student development beyond tuition, including leadership training and global expeditions, fostering lasting impact and creating future leaders.
Nirmal Narvekar, the Indian-American financier behind Harvard's $57 billion endowment, will retire in 2027. His tenure saw a shift to external management and alternative assets, a strategy that boosted returns but also drew criticism for dependency on illiquid investments.
Dartmouth College's $9B endowment disclosed $14.5M in crypto ETFs (Bitwise Solana, Grayscale Ethereum, BlackRock Bitcoin) in a recent SEC filing, adjusting its crypto exposure since January.
Michael Bloomberg's 2018 donation of $1.8 billion to Johns Hopkins University enabled need-blind admissions, removing financial barriers for talented students and revolutionizing higher education.
Suzanne DiMaggio, senior fellow at the Carnegie Endowment for International Peace, explains the nuances of diplomatic moves at a time of military stalemate.
