Investment strategy: Focusing on high-quality, small-size U.S. companies with growth rates typically in the middle teens, the fund adheres to a traditional bottom-up, stock-by-stock selection process with a low turnover rate.
The City Council passed legislation yesterday that would require any major building construction or renovation paid for with city capital funds to adhere to "green standards," which include using renewable energy sources and conserving materials.
That's the amount — about two and a half times the annual output of the United States economy — that would have to be deposited into the Medicare trust funds to adhere to the principle that members of each generation would contribute enough to Medicare while they were working to pay for their care after age 65.
Most people put their IRAs into publicly offered funds that adhere to some long-standing rules about how to behave.
The UK's ESRC is one of the main funders of social research in the country, and it has historically set the standards for ethical enquiry, both in terms of the training of researchers, but more tangibly in delineating the standards that all research that it funds must adhere to.
He said that as comptroller he had taken steps of his own, requiring accounting firms doing business with the state pension fund to adhere to stricter standards.
Adoption of these standards is supposed to be voluntary, but the coveted "Race to the Top" funding requires adhering to them.
He found the analytical, show-me-the-numbers approach compelling, and in keeping with a philosophy he was beginning to apply to the fund, which adhered strictly to historical price-trend analysis.
Partner Bruce Gibney tells me that Founders Fund basically adheres to the old VC model of "You can make a tremendous amount of money on companies that can solve difficult and important problems, and create durable value".
But to get such funds, organizations must adhere to regulations in the Rehabilitation Act of 1973, which has been updated to say that all Web sites of groups receiving federal money must be accessible to people with disabilities.
Those accepting matching funds have to adhere to spending limits and participate in debates.
