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Universities / foundations could spend down their assets

By Hicbd
Thu May 7 2020 12:59 pm

"Another example is the S.D. Bechtel Jr. Foundation, one of a number of foundations that are now challenging the assumption that foundations are built to be permanent. The foundation has elected to spend down its assets by 2020, guided by the belief that applying its assets more intensively in the short term can make a greater impact... than giving just a small fraction of its assets in perpetuity."

URL:
https://ssir.org/articles/entry/challenging_the_orthodoxies_of_philanthropy
https://www.philanthropy.com/article/What-to-Consider-When-Deciding/243726
https://medium.com/whatever-source-derived/if-not-now-when-why-wont-universities-spend-their-money-cf4c1c4babd8
https://www.forbes.com/sites/davidrosowsky/2020/06/01/why-not-use-those-large-endowments-to-save-colleges/?sh=3e40e8f93f0a

URL Credit

Categories:
College Affordability / Tuition Universities U.S. Higher Education / College / Universities Philanthropy Foundations University / Foundation Endowments Social Change / Impact

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