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Learned Brahmans were given endowments of land.
The natural endowments of an assured water supply and fertile land made Damascus self-sufficient.
Now the models for modern investment institutions are the endowments of Harvard and Yale.
In addition, the endowments of 9 of the nation's 10 largest foundations fell last year.
The former seems fairer, because all citizens seemingly start with equal endowments of time.
(Harvard and Yale both have endowments of more than $10 billion. Princeton's is $8.7 billion).
Similarly, we could establish standards for the endowments of colleges and universities.
But that is still far less than the endowments of the nation's major universities.
In 2008, before the financial crisis, 76 had endowments of more than $1 billion 199 (including Columbia) had endowments of more than $5 billion; and 6 had endowments exceeding $10 billion.
Next year, Mike Peng will be in Beijing, helping to invest the endowments of some of the leading U.S. universities.
However much we know about the universal endowments of the brain, a sense of mystery still lingers.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com