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Despite months of market turmoil, Harvard’s endowment returned 8.6 percent for the year ending June 30, growing to $36.9 billion—the largest endowment total in higher education. Many other wealthy universities—including Yale, Princeton, Stanford, and MIT—have seen their endowments grow, albeit at a slower pace, even as the stock market has crashed...
Harvard officially targets 5-percent but has fallen short of the mark in all but one of the past 10 years. Its $1.6 billion payout rate this year—while the largest in University history—still did not break the five-percent threshold...
...proposition, Samson conceded they fear “longer-term ramifications” against caged production. After similar ballot initiatives against pig and veal calf confinement in Florida and Arizona in 2002 and 2006 respectively, industry took the message. Smithfield Farms, one of the nation’s largest pig producers, announced it would phase out narrow gestation crates, and even Burger King promised to adopt more cage-free products...
...Christian numbers. Pentecostalism is now more dominant than Catholicism in South America, and it is rapidly spreading throughout Asia and Africa as well. In 30 years, Pentecostals have increased their share of the global Christian population from 6% to 25%. In the U.S., the Assemblies of God is the largest Pentecostal denomination with 2.8 million members, and it is also generally viewed as the most mainstream. The largest African-American denomination is the Church of God in Christ...
Pius, said Benedict, "often acted secretly and silently because, in the light of the concrete realities of that complex historical moment, he saw that this was the only way to avoid the worst and save the largest possible number of Jews...