News and analysis
November 11, 2012

Nonprofit Endowment Returns Still Sluggish in 2012, Survey Finds

Coastal Maine Botanical Gardens, in Boothbay, established its endowment in 2007, the year it opened its 248-acre public garden.

Endowments at the nation’s charities and foundations are on pace for a second year in a row of lackluster investment returns in 2012, according to a new Chronicle survey.

The survey of 268 organizations that reported two years of data found that…

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