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...Each year, the Corporation sets the endowment distribution, for which the “targeted spending rate?? is between 4.5 and 5 percent of the endowment’s market value, according to official University policy...

Author: By Daniel P. Mosteller and Kathryn L. Rakoczy, CRIMSON STAFF WRITERS | Title: Endowment Payouts Fall Short of University Quotas | 6/7/2001 | See Source »

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