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In 1995, it invested some of its endowment in a $10 million revitalization effort, and it approached the school system about developing a rigorous neighborhood high school.
In July 2016, Northeastern's senior leadership team announced that it would invest $25m of its endowment in clean energy and renewables, boasting that the institution was a "leader in sustainability practices".
The school runs on solar-generated electricity and invests its endowment in what it believes are socially responsible causes.
Yet it had only earned 3percentt on its endowment in the same period.
When a museum invests part of its endowment in ExxonMobil, for example, it gambles in the hope that ExxonMobil's share price and profits will rise.
Its endowment in 2006 was $379 million, she said.
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A good example of a firm today that makes the best of its endowments in the most difficult of circumstances is Intel.
City Opera has been struggling for years, facing mounting deficits that have forced it to raid its endowment and, in 2011, to leave its Lincoln Center home to become an itinerant troupe.
Just four years ago, the University announced it had lost nearly a quarter of its endowment value in the financial crisis, leading to predictions that it could take a decade to rebound.
Minnesota-based Macalester College, once also one of America's wealthiest, learned the value of not putting all its golden eggs in one basket when shares in Reader's Digest, then 60% of its endowment, tanked in 1997.
The university also said it would give a full breakdown of its investments in specific sectors and revealed that 3% of its endowment was in energy.
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