Word: fy05
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This decision comes just months after the Corporation warned it might not raise payout at all for FY05 due to lackluster endowment performance...
...Harvard Corporation is expected to freeze the endowment payout for FY05, the budget period that begins July...
Financial officials say the University governing board warned this spring that it was inclined to keep the funds schools receive from the endowment flat for the 2005 Fiscal Year (FY05), the budget period that begins next July...
...will be working all year during the coming year on cost-containment strategy,” Pagett said. “Clearly FY05 is going to be problematic...
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