Quote:
Originally Posted by Lanny_McDonald
You are aware how those endowments are created and how the money flows into them to keep them healthy? Alumni “give” to the institution do build the endowment. Many do that for legacy purposes and not out of the goodness of their hearts.  |
The Ivys endowments are currently greater than they can spend.
For example Harvard earns roughly 90k per student using an inflation adjusted 4% annual return through their endowment. They no longer need to increase the funds, they are self sustaining.