Endowments

Healthcare workers line up for free personal protective equipment in front of a mural by artist Romero Britto at Jackson Memorial Hospital, Tuesday, Sept. 22, 2020, in Miami. Hundreds of workers lined up for the PPE given out by the New York nonprofit Cut Red Tape 4 Heroes. (AP Photo/Wilfredo Lee)
September 24, 2020 - 4:23 pm
NEWARK, Del. — Officials at the University of Delaware say they are moving to cut personnel costs because of the financial effects of the coronavirus pandemic. School President Dennis Assanis said Thursday that without cost cutting, the university would have a $250 million gap between revenues and...
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FILE - In this Nov. 16, 2016 file photo, Liberty University President Jerry Falwell Jr., pauses during an interview in his office at the school in Lynchburg, Va. On Tuesday, Aug. 25, 2020, Falwell said that he has submitted his resignation as head of evangelical Liberty University. (AP Photo/Steve Helber, File)
August 31, 2020 - 3:29 pm
RICHMOND, Va. (AP) — Liberty University is opening an independent investigation into Jerry Falwell Jr.'s tenure as president, a wide-ranging inquiry that will include financial, real estate and legal matters, the evangelical school's board announced Monday. In a statement, the board said it had...
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FILE - In this Wednesday, Nov. 1, 2017 file photo, Liberty University President Jerry Falwell Jr. speaks at convocation at Liberty University in Lynchburg, Va. On Aug. 7, 2020, Falwell stepped down, at least temporarily, from his role as the president of the school. (Jay Westcott/The News & Advance via AP)
August 14, 2020 - 10:33 am
RICHMOND, Va. (AP) — Jerry Falwell Jr. has been toppled, at least temporarily, from the presidency of evangelical Liberty University, but whether he will break permanently with the Christian institution that is synonymous with his family name is another matter. Falwell apologized after posting a...
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FILE - In this June 10, 2020 file photo, Jovita Carranza, Administrator of the Small Business Administration, testifies during a Senate Small Business and Entrepreneurship hearing to examine implementation of Title I of the CARES Act, on Capitol Hill in Washington. The Treasury Department said it is releasing on Monday, July 6 the names of more than 700,000 companies that received funds from the government’s small business lending program, a massive effort intended to support the economy as states shut down in April to contain the viral outbreak. (Kevin Dietsch/Pool via AP, File)
July 06, 2020 - 1:00 pm
NEW YORK (AP) — The Latest on the Treasury decision to identify hundreds of thousands of businesses that received funding through the Paycheck Protection Program, created to preserve jobs at smaller businesses during the coronavirus pandemic: ___ More than 4,100 oil and gas companies, including...
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FILE - In this July 21, 2016, file photo, Jerry Falwell Jr., president of Liberty University, speaks during the final day of the Republican National Convention in Cleveland. Falwell has apologized after posting a tweet on May 27, 2020, aimed at Virginia Gov. Ralph Northam's coronavirus mask mandate, that included a picture of a mask bearing a photo of a person in blackface and another in a Ku Klux Klan costume. That photo appeared on Northam's medical school yearbook page and, when made public in 2019, sparked a furor that nearly forced him from office. (AP Photo/Carolyn Kaster, File)
June 24, 2020 - 8:19 am
RICHMOND, Va. (AP) — As the nation wrestles with how to do more for racial equality, Liberty University — a school whose leadership has said it doesn't have a problem — is facing its own tough questions. Jerry Falwell Jr., who leads the prominent evangelical Christian university, apologized this...
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May 19, 2020 - 3:10 pm
GREENVILLE, S.C. (AP) — A university in South Carolina announced that it is shutting down the men's varsity lacrosse team and the varsity baseball team in response to financial hardships caused by the cornavirus pandemic. Furman University in Greenville announced the sports cuts Monday along with...
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FILE - In this Aug. 13, 2019, file photo, students walk past the statue of John Harvard in Harvard Yard at Harvard University in Cambridge, Mass. U.S. Education Secretary Betsy DeVos on Wednesday, April 22, 2020, urged the nation's richest colleges, including Harvard, to reject federal funding that was allotted to them in the government's multi-trillion dollar coronavirus rescue package. (AP Photo/Charles Krupa, File)
April 22, 2020 - 7:25 pm
CAMBRIDGE, Mass. (AP) — Harvard University announced Wednesday it will turn down $8.7 million in federal coronavirus relief, a day after President Donald Trump excoriated the wealthy Ivy League school over taxpayer money it stood to receive. Similar action was taken at Stanford, Princeton and Yale...
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A normally student filled campus square at Millsaps College in Jackson, Miss., is deserted in face of the coronavirus, as the liberal arts school, like many others, faces financial and enrollment challenges Friday, April 3, 2020. At present, the school has switched to on-line teaching. Colleges across the nation are scrambling to close deep budget holes and some have been pushed to the brink of collapse after the coronavirus outbreak triggered a series of financial losses (AP Photo/Rogelio V. Solis)
April 07, 2020 - 3:17 am
Colleges across the nation are scrambling to close deep budget holes and some have been pushed to the brink of collapse after the coronavirus outbreak triggered financial losses that could total more than $100 million at some institutions. Scores of colleges say they’re taking heavy hits as they...
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Defense Secretary Mark Esper testifies to the Senate Armed Services Committee about the budget, Wednesday, March 4, 2020, on Capitol Hill in Washington. An uptick in Taliban attacks against Afghan forces that prompted a retaliatory U.S. airstrike has underscored the fragility of the peace deal between the Trump administration and the group. Esper told the Senate hearing that the Taliban are honoring the agreement by not attacking U.S. and coalition forces, “but not in terms of sustaining the reduction in violence.” (AP Photo/Jacquelyn Martin)
Associated Press
March 13, 2020 - 8:09 am
WASHINGTON (AP) — The U.S. retaliatory airstrikes against militants in Iraq destroyed five weapons depots, but the top U.S commander for the Middle East acknowledged Friday that there are many similar sites that the U.S. has so far not hit because of potential civilian casualties and political...
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FILE - In this March 7, 2017 file photo, rowers paddle down the Charles River past the campus of Harvard University in Cambridge, Mass. An annual survey finds that most U.S. universities made money on their financial investments last year, but their returns were tempered by a global economic slowdown fueled by America’s trade war with China. Harvard University remained the wealthiest school in the U.S., with an endowment valued at nearly $40 billion. (AP Photo/Charles Krupa, File)
January 29, 2020 - 9:25 pm
BOSTON (AP) — Most U.S. universities made money on their financial investments last year, but their returns were tempered by a global economic slowdown fueled by America’s trade war with China, according to an annual survey of school finance chiefs. The survey, released Thursday, found that college...
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