Stanford Issues Novel Sustainability Bonds
The university says it’s the first higher-ed institution to issue bonds to reduce its adverse impact on the climate, which it plans to use to start a school focused on the environment.
Tag: Stanford University
Newsmakers
John Powers, Former CEO of Stanford Management Company, Dies at 67
He helped grow the university’s endowment by nearly $10 billion over nine years.
Regulation
Stanford University Owes $43 Million Endowment Tax Bill
The university said it is actively working to repeal or limit the 1.4% tax on returns.
Newsmakers
Yale, Stanford, Brown Endowments Return 5.7%, 6.5% 12.4%
Brown outperforms bigger endowments to reach record asset value.
Risk
Stanford, Cornell Endowments Return 11.3%, 10.6%
University portfolio values rise to $26.5 billion, $7.2 billion, respectively.
Newsmakers
Stanford Investment Portfolio Generates 13.1% Annual Return, Slightly Beating Higher Ed Median Returns
Endowment gains 10.7%, grows to $24.8 billion.