Institutions continue to lean on endowments and major philanthropy to stabilize budgets and fund strategic priorities as federal funding and enrollment pressures mount. AGB’s piece on endowments outlines governance responsibilities for trustees managing permanent funds and capital campaigns. In a major private gift, Nvidia board member Tench Coxe and his wife pledged $100 million to the University of Texas Medical Center in Austin to fund a new hospital and expand MD Anderson clinical capacity—an example of how single large gifts can accelerate campus research and health‑care infrastructure plans. Development officers should align donor opportunities with institutional capital and program priorities while trustees watch endowment policy amid changing tax rules. (Sources: AGB report; university gift announcement.)