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Curzan, Myron P.; Katz, Louis H. – Association of Governing Boards of Universities and Colleges, 1994
This monograph presents recommendations for college and university trustees regarding endowment spending policies. The recommendations include how to set investment goals, assess the reasonableness of investments, and judge when to use endowment funds for high priority needs. A systematic method for determining how much to spend annually from…
Descriptors: Budgeting, College Administration, Educational Finance, Endowment Funds