ERIC Number: EJ477918
Record Type: CIJE
Publication Date: 1994
Reference Count: 0
Retaining Economic Value: A Model Endowment Spending Policy.
Morrell, Louis R.
Business Officer, v27 n8 p29-37 Feb 1994
In developing an endowment spending policy, the college or university governing board should seek both endowment protection and growth while providing reasonable current budgetary support. A sound policy should include built-in features that adjust to budgetary requirements, changing economic conditions, and the dynamic investment market environment. (MSE)
Descriptors: Administrative Policy, Budgeting, College Administration, Endowment Funds, Expenditures, Governance, Governing Boards, Higher Education, Money Management
National Association of College and University Business Officers. 1110 Vermont Avenue NW Suite 800, Washington, DC 20005. Tel: 800-462-4916; Tel: 202-861-2500; Fax: 202-861-2583; Web site: http://www.nacubo.org
Publication Type: Reports - Evaluative; Guides - Non-Classroom; Journal Articles
Education Level: N/A
Audience: Administrators; Practitioners
Authoring Institution: N/A