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It recommended that all endowments should be consolidated on a national scale and redistributed.
Match funding for community endowments should be continued, to catalyse local giving.
But with long-term — even infinite — time horizons, university endowments should be able to withstand market volatility.
These endowments should be interpreted in a broad sense.
And it's particularly galling when voiced by privileged ivy leaguers whose idea of "checking their privilege" is apologizing for the acts of their founders, whose achievements and endowments should be examined in the same historical context as their faults and failings.
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"We will continue to discuss with Mrs. Casey how the endowment should be prioritized and spent.
For example, Mascha van 't Wout, of Brown University, and Alan Sanfey, of the University of Arizona, asked subjects to determine how an endowment should be allocated.
But afterward, Daniel Greenberg, a Los Angeles businessman who is the group's chairman, said he was not sure that the endowment should be off limits.
The companies plan to appeal.See article: Lexington on Congress and the courtsAl Gore, the Democratic presidential candidate, proposed that all "soft-money" contributions to campaigns should be eliminated and that a $7 billion endowment should be set up to finance all general-election congressional campaigns.
Given that individuals enjoy a particular "share" of the Dao, differences in natural endowment should be recognized.
At the beginning of each trial, the slider bar turned red; the participant then used the slider bar to indicate what percentage of the current endowment should be invested in the market.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com