India is a rich endowment of nature.
LAST month, Harvard reached into its deep pockets — its endowment is $35 billion — and changed the way it calculates student financial aid.
Productivity is higher in the United States than in Europe or Asia, which reflects the country's deep reservoirs of natural endowments, skilled labor, and technology.
The Metropolitan Museum of Art said on Monday that it had completed a significant round of layoffs and voluntary retirements that it had warned in March would probably be necessary to contend with deep losses in its endowment.
Calhoun School, on the Upper West Side of Manhattan, plans to dig deeper into its endowment to meet the surging demand for aid, hoping that its new capital campaign will yield enough money to cover the additional families applying for aid.
And the implications for investment policy now make necessary a clear and deep inquiry into a question all endowments face and need periodically to revisit: How much money is it worth putting at risk of some loss in the quest for incremental gain?
IN a world where the wealthiest investors often have access to the best-performing investment managers, it is tough for smaller college and university endowments to match the returns of deep-pocketed rivals like Harvard and Yale.
That the high priests of Wall Street, many of them deep-pocketed alumnae who have contributed generously to their endowments and building projects, have proven faithless as stewards of our nation's financial system only serves to underscore this willful compartmentalization.
And an opposite endowment effect was observed when the chimps were given juice.Observing the endowment effect in three primate species suggests it does, indeed, have deep evolutionary roots.
In Britain this summer Oxford took a deep breath, held its nose, and decided after much prevarication to accept an endowment from a Saudi millionaire to establish a business school, of all things.
