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0 pointslamp_book1y ago0 comments

Used? The university is what is used to grow the endowment.

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So what's the point of the endowment then? To make the green numbers go up?

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.

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y-curious1y ago

So what's the point of the endowment then? To make the green numbers go up?

duskwuff1y 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.

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