Word: fundsã
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...seen in past filings, about 65 percent of University stock holdings are in a basket of 12 emerging market index funds??which track the performance of foreign markets such as Brazil, India, and Mexico, but are traded on domestic exchanges—though the amount held in these ETFs declined over the past quarter...
...University has been able to delve into underwater funds??accounts with spending restrictions that have fallen below their original amounts—through a recent lift on a Mass. policy that prohibits institutions from dipping into such funds...
According to the FAS administration’s “first-dollar principle,” units are being asked to spend all restricted funds??such as endowments and grants associated with spending guidelines—before reaching out to the central FAS administration for additional unrestricted funds known as subventions...
...prominent donor said that institutions like Harvard have a special staying power—unlike many non-profit organizations that have struggled this past year in raising funds??a factor that bodes well for a coming campaign...
Though Bloom had not accounted for a major economic recession when he created the reserve funds??worrying instead that federal research funding might decline—he said he hoped that the money set aside would help the School of Public Health pull through current economic troubles...