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Elizabeth Merritt

The Daily Northwestern | Endowments: What are they good for? - 0 views

dailynorthwestern.com/...owments-what-are-they-good-for

endowment

shared by Elizabeth Merritt on 16 Jun 20 - No Cached
    • Elizabeth Merritt
      Elizabeth Merritt on 16 Jun 20
       
      I think he means "liquid," not "illiquid"
  • in this wager against the future, austerity is partly a moral calculus. For funds can grow with compound interest, but so too can ideas.”
  • “If (universities’) goal is to continue into the deep future, then spending more now could better prop up the university’s scholarship-driven mission than hoarding in strict deference to the dollar,” Bernard wrote. “The example of graduate funding illustrates how,
  • rachel999 on 20 Jul 21
     
    Interesting and informative article. Thanks. Endowments can be very helpful. But the nonprofit and should set it up only after a careful conversation and a joint agreement. It so happened that I'm currently writing an essay on the topic. I should say, this source https://writinguniverse.com/free-essay-examples/crime/ includes a lot of useful info, so it helped me. Turning back to endowments, it is important to keep in mind that they are invested in perpetuity and that endowment life insurance policies do not have investment risk or interest rate risk.
encityweb

She Talk - 0 views

7:30pm|Talk|She Talk, an evening where women from different walks of lives will be rewarded for their hard works and the social service done for the society. Women who have achieved heights and ...

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started by encityweb on 07 Apr 15 no follow-up yet
Elizabeth Merritt

The great tax escape that is America's nonprofit sector | FT Alphaville - 2 views

ftalphaville.ft.com/...-is-America-s-nonprofit-sector

tax exempt status

shared by Elizabeth Merritt on 14 May 18 - No Cached
    • Elizabeth Merritt
      Elizabeth Merritt on 14 May 18
       
      Philip Hackney, @EOTaxProf, notes "same orgs were exempt back in 1862 when first income tax was enacted"
  • it turns out that the way the wealthy decide how to distribute cash is often even less fair than the way the state decides how to spend it.
  • More than half of the highly conspicuous donations of the ultra-rich were injected directly into the endowments of their already rich alma maters. Much of the rest was given to hushed museums in the form of very expensive donated art, or to other places that rich old people tend to congregate, like cultural arts centers and high-end hospitals. In other words, the funds the rich were giving went largely to institutions that tended to the needs and prerogatives of the rich and privileged.
  • ...1 more annotation...
  • DAFs were being used to sidestep rules that require foundations to make annual donations to charities.
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