Tags » Endowments

Equity-market volatility only costs 0.028% per year, and diversification is overrated as a result

As I have written before, I have never liked the term “risk-adjusted” in discussions about investing. It usually serves as hand-waving acknowledgement that risk is important and is rarely followed by a thoughtful exploration as to how, exactly, we should adjust for risk. 1,010 more words


F.B. Heron is an atypical foundation. Which is a shame.

The F.B. Heron Foundation is not your typical foundation. For starters, there is (or was) evidently no F.B. Heron. An anonymous benefactor, which is something of a rarity in the ego-driven world of philanthropy, started the foundation in 1992 with a $150* million donation.   1,432 more words


Stop Universities From Hoarding Money - The New York Times

Stop Universities From Hoarding Money – The New York Times.


In contrast, of the $1 billion the endowment contributed to the university’s operating budget, only $170 million was earmarked for tuition assistance, fellowships and prizes. 53 more words



Attending Michigan State University and graduating with a baccalaureate degree were my most significant accomplishment in my early life.  After I established my professional career, in an effort to ‘give back’, I became involved in the local and national alumni associations and have done so in some capacity for over 35 years. 876 more words

A Structured Savings Plan

Drawing up a savings plan doesn’t need to be a complicated process when it comes to how to prioritise your savings. We’ve suggested using the… 929 more words

Your Money

The Hewlett Foundation and fossil fuels

The William and Flora Hewlett Foundation, one of the US’s biggest and most influential foundations, has taken a small step to distance itself from financing fossil fuels. 775 more words


Screen Guards And Pouches: The Wrong Impression

Okay, you possess several smart devices: iPhone 6, Blackberry Passport and even an iPad

Even though they weren’t bought from the sweat of your brow and the prices could go a long way to help your poor dad… 256 more words