Word: endowmentã
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...Certainly [the endowment??s] performance has been far, far better than that of the broad stock market…and it has fared relatively well compared to other schools,” he said...
When Meyer became president of HMC in 1990, the endowment??s performance was inconsistent and economic forecasts were unpromising...
...addition to being the nation’s oldest university, Harvard has the largest endowment??$18.3 billion. Its library system is second only in size to that of the Library of Congress in the U.S. Its football team topped the Ivies after going undefeated this past fall...
...Harvard endowment??s chief invments has recently made a bid to buy a controlling interest in Reader’s Digest...
Last year’s decline in the endowment??s average return, compared to the previous year’s 32.2 percent increase, lowered the $18.3 billion endowment??s average return for the past five years to 16.9 percent...