> On the other hand, maybe the endowment will allow them to hire a competent staff... Does that ever really happen? If they are competent enough to know they

> On the other hand, maybe the endowment will allow them to hire a competent staff... Does that ever really happen? If they are competent enough to know they need a better staff that's one thing, but if they are already incompetent they will just blow through the endowment with nothing to show for it.