ERIC Number: EJ623483
Record Type: CIJE
Publication Date: 2001
Reference Count: 0
Challenging the Conventional Wisdom on Endowment Risk.
Spitz, William T.
Business Officer, v34 n9 p31-33 Mar 2001
The conventional wisdom suggests that colleges and universities that are highly dependent on endowment income should be risk-averse because a significant decrease in the value of the fund could potentially prove fatal. This article suggests that a conservative strategy may actually be self-defeating to institutions that rely heavily on endowment support. (Author)
Descriptors: Educational Finance, Endowment Funds, Higher Education, Investment, Money Management, Risk
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: Journal Articles; Reports - Descriptive
Education Level: N/A
Authoring Institution: N/A