Word: payouts
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...effort would mean massive fundraising, as well as a commitment to spend the endowment payout more liberally. One source estimated that costs could end up in the tens of millions of dollars every year...
...legislation sponsored by John McCain that imposes mandatory arbitration of labor disputes, removing the threat of crippling strikes from the unions? hand and keeping labor costs manageable. It could even get tougher on salaries than the feckless two-years-no-executive-raises condition imposed on the first $5 billion payout. (CEO Stephen Wolf of already-failing US Airways will now have to get by on $11 million a year until...
...Even if Harvard actually met its 5 percent endowment payout target, it still might not be spending all that it reasonably could—or should...
...Mehrling says universities will often place a nearly total focus on increasing the value of their endowment, to the detriment of payout to yearly budgets...
...Many faculty would like to see a higher payout rate, but it must also be remembered that we have [seen] some substantially higher payout years recently,” Graham says...