endowment

Apr 25, 2025

McLean business leader’s foundation gives $20M to George Mason University

Kimmy Duong donates $20M to George Mason University, funding scholarships and naming the Long Nguyen and Kimmy Duong School of Computing.

Apr 10, 2025

Averett files lawsuit alleging ex-CFO, firm ‘drained’ school’s endowment fund

Danville private university Averett University has filed a federal lawsuit alleging its former chief finance officer worked with an investment firm to conceal illicit draws from its endowment that were used to cover budget deficits. In a complaint filed March 26 in the U.S. District Court for the Western District of Virginia, Averett states that […]

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