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Vincent, chief investment officer and founder of Summation Capital and a former investment officer for Cornell University’s endowment, joined Soho House in the early 2000s when it opened near his home in the West Village.

During his first term, he repeatedly tried to cut the endowment’s budget but was restrained by Congress.

Likewise, Columbia University’s trustees caved in to Trump’s demands to dictate university policy rather than touch the university’s $14.8 billion endowment as a substitute for federal grants.

The organizers of last year’s campus protests have said their goals were to convince university leaders to divest endowments of connections to weapons companies aiding Israel’s war efforts.

It is impossible to quantify the vital role that the NEH has played in our national search for meaning and self-knowledge, but the endowment’s website begins to tell the story.