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In 2017, a federal endowment tax was enacted in the Tax Cuts and Jobs Act of 2017 in the form of an excise tax of 1.4% on institutions that have at least 500 tuition-paying students and net assets of at least $500,000 per student. The $500,000 is not adjusted for inflation, so the threshold is effectively lowered over time.
In 2008, FoundationCCC was also the recipient of an upfront gift of $25 million from the Bernard Osher Foundation to create the California Community Colleges Scholarship Endowment. The gift ignited a three-year fundraising campaign in partnership with several California community colleges and culminated in a $76 million scholarship endowment ...
Permanent University Fund: 31.763 August 2022 [5] 4 New Mexico: New Mexico State Investment Council Permanent Funds 31.000 December 2020 [6] Petroleum: 5 Wyoming: Wyoming Permanent/Endowment Funds 12.6: March 2017 [7] Minerals 6 North Dakota: North Dakota Legacy Fund: 8.2: November 2022 [8] Petroleum: 7 Alabama: Alabama Trust Fund: 2.5: June ...
The California Community Foundation (CCF) is a philanthropic organization located in Los Angeles, California. Foundation Center, an independent nonprofit organization, ranks it among the top 100 foundations in the nation by asset size and total giving.
The UC endowment, which includes the General Endowment Pool and the Blue and Gold Endowment Pool, stood at $29.5 billion as of June 30, 2024, up from $23.4 billion the year before. [ 8 ] The General Endowment Pool was at $22.6 billion, with a 30-year annualized net return of 9.3%, a 20-year return of 7.9%, a 10-year return of 8.1%, a five-year ...
The Entertainment Community Fund, formerly The Actors Fund, is a 501(c)(3) charitable organization that supports performers and behind-the-scenes workers in performing arts and entertainment, helping more than 17,000 people directly each year. Serving professionals in film, theatre, television, music, opera, radio, and dance, the Fund's ...
A registered Republican, Oberndorf donated over $1 million to the California Republican Party and its candidates between 2001 and 2011. [13] He was a major backer of Republican presidential candidate Mitt Romney in 2008 and 2012, but ultimately donated to Barack Obama’s campaign prior to the 2008 election. [ 14 ]
Lisa Seitz was born and raised in Great Falls, Montana.She earned a bachelor's degree in public relations and political science from Carroll College in Helena, Montana.She also studied as a Coro Fellow and at the Stanford Graduate School of Business Center for Social Innovation's Executive Program for Philanthropy Leaders.