In most environments, [schools with bigger endowments] do better, including some of our closest peers.
The bulk of that discrepancy [between investment returns and overall endowment growth] was that spending was greater than gifts into the endowment.
This isn't a football game where there's a winner and a loser. This is a market where we can all do well and support our institutions.
We want to spend as much of the endowment as possible, subject to two constraints ? preserving purchasing power into perpetuity and assuring that the spending stream is relatively stable. Your great-grandchildren need to get the same economic benefit that you're getting now.
Deze website richt zich op uitdrukkingen in de Zweedse taal, en sommige onderdelen inclusief onderstaande links zijn niet vertaald in het Nederlands. Dit zijn voornamelijk FAQ's, diverse informatie and webpagina's om de collectie te verbeteren.
Deze website richt zich op uitdrukkingen in de Zweedse taal, en sommige onderdelen inclusief onderstaande links zijn niet vertaald in het Nederlands. Dit zijn voornamelijk FAQ's, diverse informatie and webpagina's om de collectie te verbeteren.