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% ...
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...
International aid provides much-needed capital for development and public welfare in recipientcountries. With growing national strengths, China has transformed from a recipient to a key contributor of international aid. According to Wi...
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...
“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...
How Much Is Harvard? The United States has some of the highest college tuition rates in the world. While Ivy League schools are not necessarily considered the most expensive in the U.S., they still cost a pretty penny to attend. Admitted students, whether they be from the U.S. or abroa...
For example, Harvard’s endowment funds a large portion of the school’s annual operation. If its $40B+ endowment grows at 5% annually, but the university’s expenses on average cost 6% of the endowment, the asset base will shrink by 1% every year. A weakening endowment can endanger the ...
In 1973, Harvard University did a study to determine how much they could safely withdraw from their endowment fund without eroding the principal. Assuming a portfolio of 50% stocks and 50% bonds and cash, Harvard's analysts calculated they could withdraw 4% the first year and then adjust the...
23). This resulted in a highly publicised rift and led key Artforum editors to resign. Since then, art magazines have in general become more commercially oriented but continue to play an essential role in the artworld’s reputational economy through their commentary, promotion, and advertising (...
Much has been debated in multinational conferences and much has been agreed through treaties and conventions. Yet, to beg the initial question, the legal regime still suffers from a defi- nitional lack. The predominant understanding of indigenous peoples in international law, even today, borrows ...