109 ms·
How big are its coffers though? - Mit: $26.4B - Yale: $42.3B https://en.m.wikipedia.org/wiki/Yale_University_endowment https://en.m.wikipedia.org/wiki/Yale_U
by socrates1024 4y ago
How big are its coffers though?
- Mit: $26.4B
- Yale: $42.3B
https://en.m.wikipedia.org/wiki/Yale_University_endowment https://en.m.wikipedia.org/wiki/Yale_University_endowment
https://news.mit.edu/2022/endowment-2022-1007 https://news.mit.edu/2022/endowment-2022-1007
- fmajid 4y agoEndowments are independently run and the last thing the money men would do is give the admins or academics a say, or they’d fritter it all in short order, like how Larry Summers lost Harvard a cool billion dollars through ill-judged investment strategies for its operating funds.