March madness is in full effect as the NCAA Men’s Basketball Tournament began this week with 68 teams from across the country competing for the national championship with the winners slated to cut down the nets in Houston on April 3. While the upsets, buzzer beaters and Cinderella stories will take place on the hardwood, Nonprofit News examined how each of the teams stack up off the court from an endowment perspective.
Given available yields in short rates and “superior” liquidity in the current high interest rate environment, healthcare systems can benefit from allocating new funds to short-term tiers, according to a recent report.
The National Association of College and University Business Officers has reentered a partnership with Commonfund for help in the development and publication of its annual study of college and university endowments.
By now, most know that less than 2% of the U.S.-based investment management industry’s $82 trillion in assets is handled by diverse managers. Maybe less know that historically Black college and university endowments make up an even smaller percentage of higher education endowments nationally.