Exact(2)
From this we were reminded that there is no investment approach that could fully protect an endowment against the severest of global downturns, and at the same time provide high-enough returns over the long term to enable us to preserve the purchasing power for future generations.
Last year's financial crisis was a reminder "that there is no investment approach that could fully protect an endowment against the severest of global downturns" while providing returns that are high enough "to preserve the purchasing power for future generations," Tilghman said.
Similar(58)
Yale law professor Henry Hansmann, an expert on the law and economics of nonprofit institutions, was recently quotd deriding the argument that universities need to maintain their endowments against hard times rather than fritter it away on educating students now.
An equally important measure is how the endowment did against its peers.
With most stage personalities, we have to weigh achievement against endowment.
Reacting against this endowment, Lothar, whom Gregory supported, led a revolt and deposed Louis (833).
Joseph Cirincione of the Carnegie Endowment sees the effort against nuclear terrorism as having three components.
The move is intended to stabilize the opera company, which in recent years has reduced its season and borrowed against its endowment.
Enrollment had dropped to 300 and the school had borrowed $1 million against its endowment.
Porgador et al. [ 32] reported that the IL-6 gene transfection into Lewis lung carcinoma cells resulted in suppression of malignant phenotype and concomitant endowment with immunotherapeutic competence against parental tumor cells, signifying induction of Th1 immune response.
It had a $700,000 budget deficit and had borrowed all that it could against a $1.3 million endowment created with a Duke grant that was matched by grants from the Rockefeller Brothers Fund and the Fan Fox & Leslie R. Samuels Foundation.
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