Word: endowmentã
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...goal is to use maximize the use of our endowment??we don’t want to ask donors for money where we can access endowment wealth,” said Deena Giancotti, FAS?...
...order to give itself more latitude in spending, FAS—which accounts for just under half of the total University’s total endowment??launched an initiative this spring to sift through and examine the terms of its most restrictive funds. Those that remain inflexible after further scrutiny, Giancotti said, will be sent to the University’s lawyers and, as a last resort, potentially brought before a probate court in order to broaden the terms under which Harvard can access the money...
...center for the continuing study of slavery and justice. Simmons also exceeded the committee’s recommendations about how Brown could help public school students obtain a quality education by establishing a trust fund—grown in perpetuity as part of the university’s endowment??to provide educational programs for Providence schoolchildren.Alongside Yale and Brown, several other schools—like the University of Alabama, the University of North Carolina, the University of Virginia, and the College of William and Mary—have acknowledged that they all benefited from slavery and took steps...
...addition, at least some of the central administration endowment??valued at $3.4 billion in June 2006—has gone toward financial aid initiatives in the past, such as last December’s middle-income expansion...
...would inflict upon Harvard. These criticisms, however, are flawed for two reasons. First and foremost, many of the efforts towards neutrality would actually save money. Harvard’s Green Campus Loan Fund has achieved a return-on-investment of 26 percent—a higher return than the endowment??by funding efficiency and conservation measures that pay for themselves within five to ten years. Efficiency savings could be used to fund other aspects of emission reduction, such as investment in renewable energy...