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indeed they have. In reality they're like complicated heterogeneous investment funds with untold numbers of varying restrictions governing them. They're not ju
by natebc 1y ago
indeed they have. In reality they're like complicated heterogeneous investment funds with untold numbers of varying restrictions governing them.
They're not just a pile of gold coins in the university presidents basement.
- tetromino_ 1y agoIndeed. Everything is earmarked, occasionally even earmarked in a way that the university cannot use the at all (e.g. something like a donation "to pay for an earnest white Christian man to teach phrenology").