. But most of the funds in an endowment come from donations that have specific strings attached to how the money can be used; it is not simply one giant pile of money, but rather many different individual accou
But reading Chasing Hope, I was struck by what we have in common: growing up in the Pacific Northwest, learning about the value of service from our parents, thinking globally. We both attended Harvard and left early—me because I dropped out, him because he graduated in three years before...
While for-profit academic institutions have struggled in recent years with many closing, so too have small liberal arts colleges. "Among the private colleges, those most susceptible to closing are the 800 private colleges with enrollment of (fewer) than 1,000 students. Sch...
Some endowment funds have guidelines stating how much of each year's investment income can be spent. For many universities, this amount is approximately 5% of the endowment's total asset value. Some institutions, such as Harvard, have endowments that are worth billions of dollars, so this 5% ...
“We extended a significant amount of money in service of the medical school,” Stoller says. While the scholarship is funded partly through the school's endowment, the operating revenue from the hospital largely allows students not to have to pay tuition...
(LDCs), lower export cost and increase trade-related supply and infrastructure to promote exports. As a proactive participant in the “Aid for Trade” Initiative, China has undertaken to ramp up aid for trade. The question i...
Between 1985 and 2008, Harvard University's endowment generated 15.23% returns, while Yale pulled in 16.62%. Both endowments handily outperformed theS&P 500, which only grew 12% during that same time period. But there is no magic formula behind any one school's success. In fact, each univers...
Josh, who was entering his freshman year at Harvard, watched in shock as his father’s behavior played out publicly in embarrassing tabloid stories. His mother was often in tears. Jared, then 24, stepped in as CEO of Kushner Companies and attempted to clean up the mess. Charlie eventually ...
rather than potential benefits. Since individuals in regions with high savings could adopt a “wait-and-see” approach when a crisis hits (Stephan et al.,2023, p. 682) as their wealth or the wealth endowments of people in their social networks allows them to survive without doing much until...
. While these strands of research offer important insights into the sources of dissatisfaction and thuswhypowerful states engage in institutional contestation, we know much less about the factors that shapehowthey contest international institutions– our NIPT closes this gap....