Penn's endowment distributed $1.1 billion last year. Endowments like this are managed to last a long time - indefinitely, even. Penn itself is older than the U

Penn's endowment distributed $1.1 billion last year. Endowments like this are managed to last a long time - indefinitely, even. Penn itself is older than the United States - they're not going to start blowing through their endowment because of political trends over the last couple months (or next 4 years), even if they legally could.