Word: endowmentã
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...four most recent Harvard movies, including How High, Harvard Man, Stealing Harvard and Prozac Nation, all received one-star ratings and harsh critique. Apparently, unlike Harvard’s financial security (see “Endowment?? for all the dirty details), the quality of Harvard movies hasn’t improved much over time...
...while Harvard fund managers insisted the endowment posed no greater risk than ordinary charitable trusts, the endowment??s famously high returns over the past decade could still fade...
Meyer said the additional cash would have little effect on the endowment??s performance...
...endowment??s recent pace, however, those taxes would be more than compensated by increased returns...
...HMC—the group responsible for managing Harvard’s $19.3 billion endowment??compensates fund managers with a fixed salary, a neutral bonus and a performance-related bonus...