Affected institutions could look to offset the tax by chasing higher yields or to avoid the tax completely by using donor-advised funds.
Carmelo Marquez is accused of awarding $120,000 worth of IT contracts from the Los Angeles County Employees Retirement Association to a company he owned.
Natasha Vij Greiner leaves the agency after 23 years, having served in her final role since March 2024.
As funding levels have improved, corporate finance officials are looking instead at plan design and risk management options, Mercer research found.
Sports agency Elevate announced the Collegiate Investment Initiative, designed to provide capital for college sports-related investments in the wake of the House v. NCAA settlement.