This news about Hewlet Foundation grants to Berkeley has some interesting figures:
“While UC Berkeley’s endowment has more than doubled to $2.46 billion over the past decade, its growth has been dwarfed by the surge in endowments at peer private institutions. Harvard University’s endowment is nearly $30 billion, and Stanford University’s is about $15 billion.”
I hope that means they can now get Berkeley faculty salaries on an equal footing!
0 Responses to “US universities and their funding”