by Evan Brews Freelance Writer In a bold move to bolster their monetary base, the alumni foundation for Gunnister College (GC) has decided to invest nearly 50 percent of its endowment into the national lottery system Powerball. Recent drops in solicited donations have forced the relatively small foundation to think differently about how it goes [...]

by Aloysius St. Bernard Freelance Writer Nathan Gorman has been terminated from his position as Director of the Peyton Randolph University Foundation, after deep losses to the university’s endowment fund landed the institution, one of Virginia’s oldest, on a Department of Education list of colleges that failed to pass a test of financial responsibility. PRU’s [...]