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New York Public Library’s Endowment Sets a Record

“The New York Public Library’s endowment has topped $1 billion for the first time, but it needs to grow by another $400 million to compensate for setbacks over the past decade, according to the chairman of the library’s investment committee. The endowment stood at $1.01 billion as of Oct. 31 – a milestone celebrated Wednesday at a meeting of the library’s board of trustees.” (via

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