Fundraising

Pitzer's decision to divest some -- but not yet all -- of its fossil fuel holdings challenges assumptions about colleges' obligation to grow their endowment funds.

One approach to preserving an endowment? Simple: Stop spending it.

Generous alumni helped colleges rake in nearly $34 billion in donations in 2013, a 9 percent increase over 2012.

College endowment funds saw healthy double-digit investment returns in 2013.

A year ago, endowment investment returns were in the red, now they are nearly 12 percent. But it's unlikely to last.

Harvard won't sell off its holdings in fossil fuel companies. But Stephen Mulkey explains why the small college he leads did so -- and is benefiting financially and educationally.