ERIC Number: EJ521718
Record Type: CIJE
Publication Date: 1996
Reference Count: N/A
Don't Let the Bulls Wreck the China Shop.
Bowen, Roger W.
Trusteeship, v4 n2 p16-20 Mar-Apr 1996
Despite a trend in successful endowment investment, college governing boards must carefully monitor the institution's endowment spending rate and not treat the endowment as a rainy-day fund. Shrinking endowments leave institutions financially vulnerable; administrators must be required to demonstrate how short-term excess draws on endowment will strengthen the institution in concrete ways over a specific period. (MSE)
Publication Type: Opinion Papers; Journal Articles
Education Level: N/A
Authoring Institution: N/A