Word: griswalds
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Nestled high in Kirkland House, above the noise and traffic of JFK Street, is a bit of an agrarian oasis created by Joseph M. Whitchurch ’04 and his “apprentice farming protégé,” roommate James R. Griswald ’04. Since moving into school this semester, the guys have been growing a variety of vegetables and herbs such as peppermint, chamomile, lavender and both sweet and hot peppers. The main objective, in addition to providing friends with herbal remedies for a cold or the minty part of a mint...
...John S. Griswald, senior vice president of Common Fund, a cooperative that manages the endowments of several hundred universities and independent schools, says this diversity is not uncommon in holding companies...
...There are companies which are diverse and are very successful," Griswald says...
...Griswald concurs, saying, "the purpose of an endowment is to create a permanent capital for an institution. A university adopts any strategy that can further these aims...
...Harvard is probably unusually capable of judging," Griswald says. "It depends on the company. Acquiring a company is not intrinsically taking a risk...