Nobel Fund Might Seek Donors as Investments Underwhelm - Philanthropy Today - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: The organization that bestows the Nobel Prize will look into soliciting charitable donations as other strategies to boost revenue have fallen short, according to Bloomberg.
The Nobel Foundation said late last year that it was moving more money into hedge funds, which have underperformed relative to stocks of late. The investment move came six months after the Stockholm-based nonprofit cut the monetary award for its prestigious prizes by 20 percent.
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