Three-quarters of college and university endowments increased spending to support their mission – by an average 8.1 percent – last year following another weak year for investments returns. Returns for college and university endowments averaged -1.9 percent for the fiscal year ending in June, compared with an average 2.4 percent in 2015. The negative return dragged 10-year returns to 5 percent, down from 6.3 percent in 2015.

Source From Non Profit Times

The weekend started for leaders at the American Civil Liberties Union (ACLU) with an executive order by President Donald J. Trump banning those from seven predominantly Muslim countries from coming to the United States. It ended with the obtaining of a stay against the order from federal judge Ann M. Donnelly, a large influx of grassroots support and $35 million in donations from Friday through Monday.

Source From Non Profit Times

Boy Scouts of America (BSA) will accept members based on the gender identification provided in an individual’s application, opening the door to allowing transgender boys into the century-old organization. “After weeks of significant conversations at all levels of our organization, we realized that referring to birth certificates as the reference point is no longer sufficient,” Chief Scout Executive Mike Surbaugh said in a two-minute video posted on the BSA website yesterday.

Source From Non Profit Times