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"Today some public schools are starting campaigns to raise endowment funds," Ms. Fuhrman of Teachers College said, "because they want their children to have the extras that such funding permits".
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"Of course, I understand it is going to be richer people [that attend] by and large, unless he can raise endowments.
In the world of museum fund-raising, endowment money is always the most difficult to solicit.
He raised endowments to $422 million from $18 million and research grants to $180 million from $15 million, and balanced the budget every year.
He intends to raise an endowment.
He is trying to raise an endowment to allow him to ease out.
In November 2000, it began a drive to raise its endowment tenfold, to $35 million from $3.5 million.
The goal over the next year is to raise an endowment to make the archive a Thai nonprofit foundation.
In 1998 the Museum of Modern Art began a capital campaign drive to pay for the project and raise its endowment.
The money will help raise its endowment to almost $50 million over the next four years and help finance Dia's exhibitions in Chelsea.
Later this year the society is to raise an endowment for future contemporary acquisitions and for the conservation of what will be called the Asia Society Contemporary Art Collection.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com