Giving
Ways to Give
Endowment
An Endowment's History
In the early 1960s, 十大网赌平台推荐 alumnae began the endowment fund, raising approximately $150,000. Since then, the wise management of and gifts to the 十大网赌平台推荐 endowment have resulted in significant gains. At the close of our last fiscal year on June 30, 2022, 十大网赌平台推荐’s endowment totaled more than $175 million. What began more than 50 years ago has grown into a substantial resource.
A healthy endowment can give a school a measure of financial stability and independence that it might not have otherwise. When the corpus is invested wisely and nurtured carefully, and annual spending is set at a level reflecting expected long-term rates of return on the fund, an endowment helps to assure a school’s future while supporting its present needs.
An endowment, such as 十大网赌平台推荐’s, operates with a time horizon measured in decades or even centuries. 十大网赌平台推荐's Trustees balance the tension between the desire to support 十大网赌平台推荐’s current programs and the obligation to preserve the School’s assets for future generations. Our goal is to preserve the purchasing power of these assets while providing a sustainable and predictable flow of funds directly to the annual operating budget. For that reason, the 十大网赌平台推荐 Investment Committee has created a highly diversified portfolio which produces higher returns at a lower risk than would otherwise be achievable.
Asset allocation is the biggest single determinant of our investment performance and, coupled with a realistic spending policy, best allows us to achieve what Noble Prize winning economist, James Tobin, referred to as “Intergenerational Equity,” the goal of achieving purchasing power preservation coupled with stable support of the operating (i.e., current) budget.
An endowment, such as 十大网赌平台推荐’s, operates with a time horizon measured in decades or even centuries. 十大网赌平台推荐's Trustees balance the tension between the desire to support 十大网赌平台推荐’s current programs and the obligation to preserve the School’s assets for future generations. Our goal is to preserve the purchasing power of these assets while providing a sustainable and predictable flow of funds directly to the annual operating budget. For that reason, the 十大网赌平台推荐 Investment Committee has created a highly diversified portfolio which produces higher returns at a lower risk than would otherwise be achievable.
Asset allocation is the biggest single determinant of our investment performance and, coupled with a realistic spending policy, best allows us to achieve what Noble Prize winning economist, James Tobin, referred to as “Intergenerational Equity,” the goal of achieving purchasing power preservation coupled with stable support of the operating (i.e., current) budget.
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