Word: interestã
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Under the Uniform Management of Institutional Funds Act, which was drafted in 1972 and previously governed endowment payouts, institutions were only allowed to spend income from an endowed fund if its current value–including accrued interest??exceeded the original value...
...opportunity to reach out, what you want to do as an admissions officer is serve the public interest??it also would allow us to answer some of the questions most on people’s minds and try to demystify and demythologize so many urban legends about admissions,” Fitzsimmons told Flyby...
...opportunity to reach out, what you want to do as an admissions officer is serve the public interest??it also would allow us to answer some of the questions most on people’s minds and try to demystify and demythologize so many urban legends about admissions,” Fitzsimmons told Flyby...
...alternative—letting funds earmarked for construction sit in Harvard’s endowment, gaining very little interest??stalls the construction process without any noticeable academic or monetary gain. In light of the benefits of expanding on schedule, namely the vast amount of research that can begin to take place once Harvard has additional space, it seems unwise to wait for the market to improve before initiating the expansion process...
...General Council Robert W. Iuliano ’83—who supervises the police department for the University—is responsible both for fielding complaints about police conduct and for satisfactorily addressing community safety concerns. Matory said he thinks this represents a “conflict-of-interest?? and that “the black community on campus and the Association of Black Faculty Administrators and Fellows feel that our efforts to improve police and community relations have been stonewalled.”Matory said, however, that “a problem of this duration will...