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I generally don't support endowments. The ROI seems very poor: Only interest on the investment will be used for the cause you are supporting, and it will be for
by hackuser 11y ago
I generally don't support endowments. The ROI seems very poor: Only interest on the investment will be used for the cause you are supporting, and it will be for undetermined purposes in perpetuity. Also, a permanent source of funding could be a very serious problem, creating a disincentive to change.
If you were investing for personal profit rather than to support a cause, would you even consider an investment that offered those terms? Even fixed rate investments return your principal eventually.
- hkmurakami 11y agoYes I would take the Yale endowment's 20 year risk adjusted returns in a heartbeat.