Just the Points: Colleges using the largest endowments in 2014
Just the Points: Colleges using the largest endowments in 2014 The college ‘endowment’ is basically the sum of value of an institution’s investments— property, options and stocks, and money. It mainly comes from libéralité from prosperous alums and the like, but will grow with intelligent management. Normally colleges operate the interest from them endowments to…