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Donors initially pooled their resources through a fund managed by the World Bank, to disastrous effect.
Investors often buy emerging markets in a single transaction, through a fund that closely follows a broad index.
There are a number of smaller grants (up to $1,000) to support senior thesis research through a fund established by the family of Thomas Maren.
1965 - 1966 J. S. Holladay, Jr. Established through a "Fund for the 1980's" granted by The Andrew W. Mellon Foundation.
Last year, the philanthropic Silicon Valley Community Foundation invested fifteen million dollars in AltSchool, through a fund financed by Mark Zuckerberg and his wife, Priscilla Chan.
Through a fund offered by an investment unit, J.P. Morgan had $662,602 in Bayou as of March 31, which it has written down to zero.
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The rest is to be made up through a fund-raising campaign.
The annual budget of about $125,000, which helps pay for outside staffers, is raised largely through a fund-raiser, lobby requests for contributions, and bequests from residents.
This is particularly the case when clients invest through a fund-of-funds; one academic reckons the hedge-fund take can be as much as 40% of portfolio returns.
This week, a Pacifica employee has been standing at the doors of the station, which was recently renovated through a fund-raising campaign led by Ms. Isler, with a list of workers allowed to enter.
Because Westchester County reduced its contribution to $114,000 from $165,000 this year, Ms. Janiak says she hopes to make up the difference through a fund-raiser in October.
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