Options available to college faculty for planning their retirement benefits are described, including defined benefit plans, defined contribution plans, and methods for customizing a pension plan. Data for 1993 on American households owning interest-earning assets (passbook savings, money market deposit accounts, certificates of deposit, checking…

Discusses that something should be done about Catholic schools that are closing, but that there are no shortcuts to a comprehensive development program. Explains that effective institutional advancement can move Catholic schools in a positive direction. Institutional advancement can be achieved in the following ways: (1) investment; (2)…

Cash games are simulation activities which feature real cash prizes and explore interpersonal skills and concepts. EASY MONEY is one such game, featuring an investment activity which focuses on trust among team members in ambiguous decision-making situations. Directions for administering the game and suggestions for applying a standard six-phase…

Albion College established a study team of board members, faculty, and students on both sides of the South Africa divestment question to educate the campus community and determine institutional policy. After a year of study, the team decided to invest in South Africa rather than withdraw resources and reduce influence. (MSE)

The primary objective of a public cash management policy should include safety, liquidity, yield, and legality. Contains a cash management policy/procedure checklist, a test for cash managers, and a formula for calculating the rate of return. (MLF)

A cooperative, interinstitutional plan offering individual tuition accounts based on lump-sum payments as a means of saving for college expenses is proposed as an alternative to loan options, savings bonds, and tuition futures. (MSE)

College trustees can enhance their supervision of endowment funds by forming networks with their counterparts from similar institutions, developing quick and inexpensive ways to share information that, while not confidential, might be difficult and expensive to find and interpret through other means. Generally, institutions' endowments are not…

A professor at the Air Force Academy (Colorado) recounts that institution's 3 years of experience with total quality concepts. The model that guided initial quality education and training activities is described and evidence of progress reported. He concludes that the right kind of investment in quality is well worth the cost. (DB)

The chief financial officer (CFO) of St. John Fisher College (New York) analyzes the costs associated with the implementation of quality management at St. John Fisher and outlines one way to determine whether the investment is yielding an acceptable internal rate of return. (DB)

For many colleges, universities, and teaching hospitals, the need to expand, renovate, or replace aging structures and equipment is crucial. Institutions need not be large and well known to tap nationwide capital pools. By using municipal bond insurance when issuing tax-exempt bonds for financing, they improve their credit rating and increase…

The Teachers Insurance and Annuities Association (TIAA) is criticized for inadequate financial disclosure of its mortgage and real estate investments, especially in the current market. A TIAA vice president responds that the company has not been remiss in reporting changes to its constituents and outlines its present financial status. (MSE)

National Collegiate Athletic Association revenues and expenditures for 1991-92 and 1992-93 are tabulated. Income categories include television, government grants, royalties, investments, publishing, foundations, dues, and other categories, and expenditures include distributions to members, scholarships, event management, and other program and…

Santa Clara University (California), located where housing costs are high, has developed a faculty housing assistance program to retain faculty. It consists of a shared appreciation mortgage loan, a low interest down payment loan program, and a rental stipend program to give tenure-track faculty an opportunity to save for home purchase. (MSE)

Describes an elementary school project in which children learned about the terms, issues, and concepts involved in U.S. economic system and the stock market. Emphasizes the importance of reinforcing delayed gratification to break the cycle of poverty for inner-city families. Discusses project goals, special activities, support, and instructional…

Proposes questions for citizens of small towns to discuss when considering local economic endeavors. Questions address local concerns for maintaining rural character, quality of life, and sense of community while promoting economic growth. Considers effects on local taxes, the environment, natural resources, and employment opportunities. (KS)