Word: funds
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...Harvard received last April from David Rockefeller ’36, this gift is the largest donation in Harvard’s long—and wealthy—history. The Harvard community should be thankful both for Wyss’ generous donation and for the research it will fund. As a combined project between the School of Engineering and Applied Sciences and the Medical School, the Wyss Institute will sit prominently a major nexus in the science world: bioengineering. One of the fastest growing majors in the United States, bioengineering represents a logical interdisciplinary trend that science?...
Pfoho’s 90s Dance While the 90s dance isn’t as charitable as EWC, which donates to The Jimmy Fund, this bi-annual event attracts roaring crowds each time. Gretchen Marina Krueger ’09, a six-time attendee, is a complete advocate of this dated dance. “It’s seriously legit. Always sells out.” Who can resist the chance to dress up like a Spice Girl...
...Last week, nearly 1,000 colleges were told they couldn't access most of the $9.3 billion sitting in a short-term fund that had been offering slightly higher returns than U.S. treasuries. To prevent a run on the fund -12% of which was invested in mortgage-backed securities - the fund's trustee resigned and froze withdrawals so it could liquidate the assets and distribute the proceeds in an orderly manner. The same thing happened to another 200 schools with $1 billion in an intermediate-term fund. Given that the schools will get about half of their money...
...left in 1999 to join EHS Partners, a start-up consulting firm. A 2001 story in the Daily Telegraph of London, under the headline "Bust, but big bucks for the big boys," called Rajaram a "winner" in a deal for NanoUniverse, a Los Angeles- and London-based venture fund taken public on the London Stock Exchange, the Los Angeles Times reported. For a 12,500-pound investment, Rajaram, one of the company's founders, received 875,000 pounds - or about $1.2 million in 2001 dollars - after a voluntary liquidation, the Telegraph reported...
...operation has certainly been a roaring success in the town of 25,000. On a housing estate that usually reported five crimes a day, none were reported during a week-long trial run, prompting a local homeowners' association to raise $26,000 to help fund the operation for the rest of the year. And Britain's Home Secretary, Jacqui Smith, urged police forces across the U.K. to adopt similar programs...