The Punjab government released Rs50 million for Government College University’s (GCU) Endowment Fund Trust on Tuesday on the order of Chief Minister Shahbaz Sharif ... GCU Vice Chancellor Prof Ikramul Haq said that the money would be spent on scholarships for deserving students and development projects at the university. He said that universities all over the world ran endowment funds ... “Harvard University has an endowment fund of more than $35.474 billion, Yale has $20.225 billion and a small university like the University of Virginia has an endowment fund of around $5 billion&r...