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The Castle in April 1865 "The Castle" (built, 1847) on the National Mall: the institution's earliest building remains its headquarters.. In many ways, the origin of the Smithsonian Institution can be traced to a group of Washington citizens who, being "impressed with the importance of forming an association for promoting useful knowledge," met on June 28, 1816, to establish the Columbian ...
The Leona M. and Harry B. Helmsley Charitable Trust United States: New York City: $8.3 billion 1999 [30] 27 W. K. Kellogg Foundation Trust United States: Battle Creek, Michigan: $8.2 billion 1930 [31] 28 Jacobs Foundation Switzerland: Zürich: $7.6 billion CHF7 billion 2001 [32] 29 Else Kröner-Fresenius-Stiftung Germany: Bad Homburg: $7 billion
Examples of these foundations include The Duke Endowment, the Robert A. Welch Foundation, and the Roy J. Carver Charitable Trust. In 2017, a federal endowment tax was enacted in the Tax Cuts and Jobs Act of 2017 in the form of an excise tax of 1.4% on institutions that have at least 500 tuition-paying students and net assets of at least ...
[citation needed] Conner Prairie has a board of directors, and maintains its finances and endowment fund. In 2009, it joined the Smithsonian Affiliations program. [10] After restructuring, the museum had an endowment of $91 million and an operating budget of $9 million by 2011. [5]
Permanent University Fund: 31.763 August 2022 [5] 4 New Mexico: New Mexico State Investment Council Permanent Funds 31.000 December 2020 [6] Petroleum: 5 Wyoming: Wyoming Permanent/Endowment Funds 12.6: March 2017 [7] Minerals 6 North Dakota: North Dakota Legacy Fund: 8.2: November 2022 [8] Petroleum: 7 Alabama: Alabama Trust Fund: 2.5: June ...
A sovereign wealth fund (SWF) is a fund owned by a state (or a political subdivision of a federal state) composed of financial assets such as stocks, bonds, property or other financial instruments. Sovereign wealth funds are entities that manage the national savings for the purposes of investment.
The aim of the Trust was to improve and extend the ... part of the Smithsonian ... $10,000,000 to Hero Funds, $10,000,000 to the Endowment for International Peace ...
The Gordon and Betty Moore Foundation has contributed US$200 million towards construction of the Thirty Meter Telescope. [18] A proposed extremely large telescope (ELT), the Thirty Meter Telescope (TMT) is considered controversial due to its planned location on Mauna Kea, which is considered sacred land according to the native Hawaiians, on the island of Hawaii in the United States.