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Financing January 2025 Premium

Retirement Distress and Financial Wellness

Hispanics face retirement challenges due to low financial literacy, limited savings, and distrust of financial institutions. Improved education, proactive planning, and investment in diverse assets like real estate and mutual funds can help bridge wealth gaps and ensure financial security.

by

Gustavo A. Mellander

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Financing January 2018

Investor to Donate $75M to Higher Education Philosophy Program

William H. "Bill" Miller III is donating $75 million to Johns Hopkins University's philosophy department in a record-setting gift to the university's humanities programs. Miller's donation will be used to increase the department's full-time faculty and create nine endowed professorships. $10 million will be allocated for graduate students and post-doctoral fellows, and the university anticipates offering new undergraduate courses.

Financing January 2018

Higher Education Institution in Florida Gets $8.7M Grant to Improve Food Supply in Africa

The University of Florida has received an $8.7 million grant aimed at research that will reduce hunger in Africa. The school said the Bill & Melinda Gates Foundation will fund hunger research over five years at the Institute of Food and Agricultural Sciences. The researchers will focus on developing more healthy feed for livestock used by poor farmers in Ethiopia and Burkina Faso, and creating more environmentally friendly farming methods.

Financing December 2017

University Announced $10M Gift to Be Used for Education Scholarship Programs Requiring Volunteerism

The University of Virginia at Wise is announcing a new $20 million endowment to help students pay for college. The Bristol Herald Courier reports that Charlottesville resident Hunter Smith gave $10 million to the school, a gift that was matched by the UVa.'s Bicentennial Fund. The money will be used for scholarship programs that will require students to volunteer 20 hours a week.

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