Ivy League Schools Rush to Raise Debt Amid Poor Endowment Returns and Federal Funding Risks Elite universities are rethinking their financial strategies amid uncertainties around federal funding. By Shreyas Sinha
The Met Opera to Cut Performances and Withdraw $30 Million From its Endowment Amid Financial Troubles New York City's Metropolitan Opera is planning on tapping into its endowment and cutting down its 2023 performances after suffering a decrease in ticket sales and donations. By Alexandra Tremayne-Pengelly
Andrew W. Mellon Foundation Gifts $500,000 to New Museum Thanks to a hefty $500,000 gift from the Andrew W. Mellon Foundation, the New Museum has announced it will create By Nate Freeman