Literaturnachweis - Detailanzeige
Autor/in | Jarvis, William |
---|---|
Titel | Is the Endowment Model Still Working? |
Quelle | In: Trusteeship, 18 (2010) 2, S.20-23 (4 Seiten)
PDF als Volltext |
Sprache | englisch |
Dokumenttyp | gedruckt; online; Zeitschriftenaufsatz |
ISSN | 1068-1027 |
Schlagwörter | Higher Education; Governance; Volunteers; Trustees; Governing Boards; Decision Making; Leadership Responsibility; Money Management; Endowment Funds; Investment; Trusts (Financial); Educational Finance; Consultants; Resource Allocation; Models Hochschulbildung; Hochschulsystem; Hochschulwesen; Education; Educational policy; Financing; Steuerung; Bildung; Erziehung; Bildungspolitik; Finanzierung; Freiwilliger; Treuhandanstalt; Governing body; Governing bodies; Leitungsgremium; Decision-making; Entscheidungsfindung; Stiftungsvermögen; Investments; Geldanlage; Investiton; Konzern; Bildungsfonds; Consultant; Berater; Ressourcenallokation; Analogiemodell |
Abstract | When Commonfund and the National Association of College and University Business Officers (NACUBO) announced in late 2008 that they would join forces to combine their two endowment studies, which had historically been fielded and reported separately, they had high hopes for the venture, but those hopes were tempered with caution. The financial markets were already in the throes of what would prove to be the steepest and most broadly based decline in decades, and some observers feared that the "endowment model" of highly-diversified portfolio investing that had produced outstanding average returns for educational institutions during the 1990s and much of the 2000s would be abandoned in favor of a return to more cautious, "traditional" approaches to managing perpetual investment pools. Asset allocations, and the investment returns that ensue, are the fruit of governance structures and decisions. This year's National Association of College and University Business Officers (NACUBO)-Commonfund Study of Endowments pays particular attention to governance matters at the responding institutions. In this article, the author examines whether the endowment model is still working, based on this year's NACUBO-Commonfund Study of Endowments. (ERIC). |
Anmerkungen | Association of Governing Boards of Universities and Colleges. 1 Dupont Circle Suite 400, Washington, DC 20036. Tel: 800-356-6317; Tel: 202-296-8400; Fax: 202-223-7053; Web site: http://www.agb.org |
Erfasst von | ERIC (Education Resources Information Center), Washington, DC |
Update | 2017/4/10 |