Michael VonDriska
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While the University’s endowment increased by 32.3 percent in the 2021 fiscal year, from $11.3 billion to $14.3 billion, a report released on Friday provides a fuller look at how the University endowment’s market value grew the least in percentage among some of the largest university endowments in the nation.
As undergraduate students across the country face what some have called a mental health epidemic, another mental health crisis lurks under the surface: faculty burnout. For those working in higher education, an already demanding profession, the pandemic has increased workloads and stress levels.
Hollywood notable David Geffen has donated $75 million to support Columbia Business School’s January 2022 move to the Manhattanville campus, the latest in a series of large donations to fund the $6.3 billion expansion. The school’s eight-story multi-use building, currently still under construction, will be named David Geffen Hall. Geffen, who has no previous public affiliation with the University, also donated $150 million to the School of Drama at Yale in 2021 and has donated over $450 million to UCLA. Yale’s drama school and the School of Medicine at UCLA have both taken on Geffen’s name in light of these gifts.