NYC’s elite private schools are richer than ever

They’re well-endowed. The city’s elite private school reserve funds have exploded thanks to a booming stock market and wealthy parents growing richer by the minute, tax filings show. The Dalton School — which counts Anderson Cooper, Christian Slater and Claire Danes as graduates — hit $100 million in endowments for the first time during the 2017 fiscal year, according to the most recent filing available. -- More...