Word: endowmentã
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...with a $13.2 billion endowment??€”45 percent of the University’s total—FAS isn’t headed toward pauperism...
...endowment??€™s up 16.7 percent. That sounds like great news for Harvard, right...
While Stanford’s $12 billion endowment is slightly less than half the size of Harvard’s $25.9 billion purse, it grew at a faster rate during the 2004-05 fiscal year than Harvard’s endowment??€”23% compared with 15%—according to a report by the National Association of College and University Business Officers...
...work. From those who manage Harvard’s vast real estate holdings to those who teach law or business, to the president of the University, Harvard does not pay, nor expects to pay, top-of-the-market salaries. Except fund managers, no Harvard employee receives cuts of the endowment??€™s growth...
However, Mark A. Taborsky, a managing director at Stanford Management Company—the arm responsible for managing Stanford University’s endowment??€”said that, while he sees energy futures trading as a promising avenue for hedging against future volatility in energy markets, it is not something currently being considered by Stanford...