Word: giancotti
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...goal is to use maximize the use of our endowment—we don’t want to ask donors for money where we can access endowment wealth,” said Deena Giancotti, FAS?...
...have endowments, for instance in the Graduate School, that might be designated specifically to provide financial aid for a graduate student who is a single parent from Connecticut,” Giancotti said. “We may only get a student who meets this criteria once every 10 years, and so the endowment just keeps growing and growing. But we can?...
...itself more latitude in spending, FAS—which accounts for just under half of the total University’s total endowment—launched an initiative this spring to sift through and examine the terms of its most restrictive funds. Those that remain inflexible after further scrutiny, Giancotti said, will be sent to the University’s lawyers and, as a last resort, potentially brought before a probate court in order to broaden the terms under which Harvard can access the money...
Smith deferred to Associate Dean for Finance Deena Giancotti, who responded that the approximately $1 billion budget would run an estimated $28 million deficit for the coming fiscal year, in contrast to the $11.2 million surplus for the fiscal year ending in June...
...Smith deferred to Associate Dean for Finance Deena Giancotti, who responded that the approximately $1 billion budget would run an estimated $28 million deficit for the coming fiscal year, in contrast to the $11.2 million surplus for the fiscal year ending in June...