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That is why some orchestras, including the mighty Los Angeles Philharmonic and the small Grand Rapids Symphony, which announced this year that it raised $40 million for its endowment, are able to thrive while others struggle.
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In 1930, the university decided to create a school as a memorial to Wilson, but did not name it for him until 1946, when its endowment was firmly established.
But it still has $4 million in debt and its endowment is $24 million, low for an orchestra of its size.
LAST month, Harvard reached into its deep pockets — its endowment is $35 billion — and changed the way it calculates student financial aid.
Last year, Columbia received more than $440 million in cash or pledges; its endowment is now more than $4 billion, approximately double what it was when Dr. Rupp arrived, although still far below some of its Ivy League competitors.
The Microsoft founder and his wife, who are worth $79bn, set up their foundation in 2000 and its endowment was more than $44bn at the end of 2014, making it the biggest private foundation in the world.
Today's Yale's power in American society and academia, and the size of its endowment, is exceeded only by Harvard; don't forget that it began with money first made in India.
Its endowment is also bigger -- about $350 million.
Its endowment is also about $4 billion.
The park is very large, and its endowment is relatively small".
Hackley School in Tarrytown, N.Y., is more than a century old but its endowment is just $41 million.
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