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Of the money raised so far, about $800 million has gone into Columbia's endowment, with $250 million dedicated to financial aid, $275 million to new endowed professorships, and $275 million to research and other programs.
In 2009, Yale's endowment, with considerable investments in real estate, commodities and timber, fell 24.6 percent.
That doesn't excite me," says the chief investment officer of a large American endowment with money in Baupost.
On Mr. Ross's to-do list: First, stabilize the museum's $50 million endowment with a capital campaign.
Since Israel captured East Jerusalem during the 1967 war, the compound has been operated by the Waqf, the Muslim religious endowment, with security provided by Israel.
In 1974 Japan offered a hundred million dollars toward their endowment with the promise of more to build a hq. in Tokyo.
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Many colleges maintain endowments with billions in assets.
The 91 percent of endowments with less than $1 billion in assets underperformed in every time period since records have been maintained.
It highlighted the £5bn held in universities' endowments, with the first campaigns launching at Edinburgh, Birmingham and University College London.
"This is another case of the larger endowments (with diversified, equity-oriented portfolios) doing better than the smaller endowments," he said.
A survey of foundations and endowments with assets of more than $1 billion by Wilshire Trust Universe Comparison Service found an average decline of 17percentt in fiscal 2009.
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