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Foundation endowments: The news is not good

We’re gradually learning more about the investment performance of foundation endowments. The news is not good. The Chronicle of Philanthropy yesterday published my story about foundation endowments....

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The MacArthur Foundation invests in climate solutions–and in fossil fuels.

Eighteen months ago, the people who manage the endowment at the John D. and Catherine T. MacArthur Foundation got some bad news: Investments they had made in funds managed by EnerVest, a Houston-based...

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