Word: payout
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...University-wide endowment payout will rise by 2 percent in the coming fiscal year, less than one tenth of this year’s increase. Similarly low increases in payouts are expected in the years to come...
Despite the fundraising success, the Law School relies to a large degree on the endowment payout that will increase by only 2 percent...
During the 1990s, payouts from the University’s endowment sometimes increased by more than 20 percent from year to year, although a more typical increase in payout centered around 7 percent...
...result of the low increase in payout, the Law School’s fiscal year 2003 budget will increase at less than a quarter of this year’s growth rate...
...scalded by hot coffee. The church's legal structure acts as a foil to any attack on the center. And ultimately, headquarters is the Vatican--a sovereign state that is effectively immune from private legal action in the U.S. (The Vatican for its part is publicly against any payout of compensation in sexual-abuse cases.) Church officials claim that even when an archbishop is on record as being the chairman of a diocesan corporation, whether a parish or a school, the diocese is not responsible for the acts of any parish priest. Of course, Big Tobacco once thought--wrongly...