Word: millionã
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...Corporation met the 4.5 percent goal for fiscal year 2001, distribution from the endowment would have grown by $200 million??an increase of nearly a third...
...Before Rudenstine, Gates explains, the total endowment for the DuBois Institute and the Department were “negligible.” Now, after Rudenstine’s intense fundraising efforts, the endowment is a hefty $39 million??and growing...
...deans and administrators are wont to complain, increasing an operating budget by $10 million??the most expensive estimate for the living wage’s cost—is no easy task. But neither is raising $1 million in a day, as Rudenstine managed to do during his capital campaign heyday. Giving the lowest-paid workers a big raise will cause friction with the workers just above them on the pay scale, perhaps requiring a small raise for the second group as well. But if the University really wanted to increase its budget, it could—causing...