ERIC Number: EJ595249
Record Type: CIJE
Publication Date: 1999
Investment Policies for College and University Endowments.
Spitz, William T.
New Directions for Higher Education, n107 p51-59 Fall 1999
College trustees have a responsibility to institute investment policies that preserve real endowment value. The chief financial officer's responsibility varies, but at a minimum should provide the board with essential information and ensure that trustees understand the importance of policy decisions. Critical tasks include establishing and periodically reviewing asset allocation and spending policies, risk management, and performance measurement. (MSE)
Publication Type: Guides - Non-Classroom; Journal Articles
Education Level: N/A
Audience: Administrators; Practitioners
Authoring Institution: N/A
Note: Theme issue: "Roles and Responsibilities of the Chief Financial Officer," No. 107.