4 ms·

What should they be used for the ?

• lamp_book 2y ago
  Used? The university is what is used to grow the endowment.
  • y-curious 2y ago
    So what's the point of the endowment then? To make the green numbers go up?
    • duskwuff 2y ago
      To be invested and generate returns which can fund the university's programs. As I said in another comment, it's a long-term investment, not a spending fund. You don't eat your seed corn.
• johnnyanmac 2y ago
  I believe most endowments have conditions. So whatever the donator say?
• bobthepanda 2y ago
  Universities use the interest and dividends to pay for operating expenses. Actually drawing down the fund would just ruin future finances.