Word: payout
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Dates: during 2000-2009
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Peter Hong, author of the op-ed, estimated the cost of making Harvard College “on the house” at about $280 million a year, an increase of $190 million in financial aid. That number represents less than a one percent increase in the endowment payout. Though critics have pointed out that most funds have restricted use, many living donors are likely to change their conditions if they consider the cause compelling. Even if this policy did not push people to donate more, which is highly unlikely, the costs in the first years would be covered...
...administration’s current plan for 2010 calls for about half of the new expenses to be paid for by $60 million in additional income from the Faculty’s endowment. Sixty percent of that income will be raised by a University-determined increase in the payout rate of the Faculty’s annual income from the endowment. The other 40 percent—about $24 million—will come via a direct withdrawal from the endowment, in a process known as decapitalization...
...underlying budgetary problem that Bill [Kirby] says now require a slower rate of appointments would be appreciated,” the Oct. 13 minutes read. “The Provost and others have talked about building cost over-runs. Wouldn’t a very small increase in the payout distribution from endowment investments (which seem to be doing very well) solve this problem...
...When you're slinging pot in your suburban neighborhood to support your kids on your dead husband's meager insurance payout--that's when you can call yourself a desperate housewife. Mary-Louise Parker gave a performance so human and conflicted, you could practically see the needle of her moral compass spinning. Creator Jenji Kohan's writing put the new in nuance, as she drew not only Parker but her various upscale associates (including a surprisingly appealing Kevin Nealon as a stoner accountant) in a way that neither judged nor let them off the hook. The best comic suburban soap...
...While payout from the endowment rose 37 percent in fiscal year