associated losses from diminished endowment income. The university responded by tightening expenditures. Damage from the endowment's negative performance was limited, however, because the university receives over 98 percent of its operating budget from non-endowment sources. In 2011, the university was ranked the nation's most fiscally responsible nonprofit organization in a Charity Navigator report published in collaboration with Worth magazine.
==== Julio Frenk (2015 until 2024) ====
On April 13, 2015, the University of Miami announced the appointment of Julio Frenk, former dean of Harvard University School of Public Health and former Secretary of Health for the government of Mexico, as the university's sixth president. On March 10, 2016, the University of Miami hosted the 2016 Republican presidential primary's twelfth and final debate at BankUnited Center on the university campus, which aired nationally on CNN and drew 11.9 million viewers.
On June 12, 2024, the University of California, Los Angeles announced …