Monthly Archives: January 2019

Founding a University

“When railroad magnate and former California Gov. Leland Stanford and his wife, Jane Lathrop Stanford, lost their only child, Leland, Jr., to typhoid in 1884, they decided to build a university as the most fitting memorial, and deeded to it...

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Higher Ed Hustle

“Another source of strength was that this disparate collection of largely undistinguished colleges and universities had succeeded in surviving a Darwinian process of natural selection in a fiercely competitive environment. As market-based...

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New Study on Endowments Large and Small

“The study was based on the IRS filings of 28,696 endowments and foundations. In addition to comparing university endowments to other non-profit funds, the authors also examined differences in performance by size and location. Large...

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Harvard Monetizing Campus Real Estate

“Fourthly, in strictly monetary terms, the University is holding land it values at $969 million in its most recent financial statements—an asset, outside the endowment, on which it is presumably earning little, if any, return. At a time when the...

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University Endowments

I am thrilled to share with you here on the Capital Allocators blog interesting articles and publications on University endowments. To begin, I want to quote what Charles D. Ellis says about endowments in his foreword to David Swensen’s...

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