Rethinking the Management of Foundation Endowments
Posted on October 3, 2009 by John E. Craig Jr.
As the implications of the 2008–09 financial crisis for the world economy and markets have become clearer, many foundation executives and investment committees are reassessing their approach to endowment management. This essay reports on the effects of the recent turmoil on foundation endowments thus far, and offers lessons from the crisis and earlier ones that could help boards and investment… Read More