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A stable and well-managed endowment can be the key to a museum’s financial strength. But how do you establish and maintain an endowment that is right for your organization and its future? With easily accessible language and case studies of real museums to illuminate major points, Endowment Essentials for Museums provides guidance on the establishment and oversight of endowments, including how to: Plan for and build an endowment fundCreate opportunities to grow the endowment through fundraising and investment managementIncorporate endowment management into institutional planningFoster transparency and shared knowledge about endowments between staff, trustees, and community membersEvaluate and modify endowments accurately and according to best practices.Attending to endowment management at all stages, incorporating references from across the nonprofit spectrum, and designed to resonate with readers from a variety of backgrounds, Endowment Essentials for Museums invites forward-thinking museum professionals, trustees, and volunteers to enhance their knowledge about the endowments and the integral role it plays in the health of your museum.
There is a profound linkage between the quality of a university and its financial resources. The universities of Oxford and Cambridge rank among the world's finest educational institutions, and are able to draw on invested assets that are large by any standards. Endowment Asset Management explores how the colleges that comprise these two great universities make their investment decisions.Oxford and Cambridge are collegiate institutions, each consisting of a federal university and over 30 constituent colleges. While the colleges may have ostensibly similar missions, they are governed independently. Since they interpret their investment objectives differently, this gives rise to some remarkabl...
The recent development literature stresses that countries that receive large revenues from natural resource endowments typically raise less revenue from domestic taxation, and that this creates governance problems because the lower domestic tax effort reduces the incentive for the public scrutiny of government. Our results from a panel of 30 hydrocarbon producing countries indicate that the offset between hydrocarbon revenues and revenues from other domestic sources is about 20 percent but that it is invariant to governance indicators.
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Dr Kozlowski's important study pioneers a fresh approach to the study of a critical Muslim institution: the endowments or awqaf which almost everywhere in the Islamic world provide support for mosques, schools and shrines. The wealthier Muslims who establish endowments inevitably have an eye on social, political and economic conditions and have traditionally used awqaf as part of an effort to preserve their wealth and influence, especially in periods of change and uncertainty. The book focuses on the use of endowments by Muslims suffering the dislocations caused by the imposition of British rule in India and examines in detail the social and political implications of the controversy over endowments that took place in the imperial courts and councils. The author's observations and insights can be applied to many periods and places in the Muslim world and his novel approach will attract all those interested in the study of Islam.
A cutting-edge look at the endowment model of investing Many larger endowments and foundations have adopted a broadly diversified asset allocation strategy with only a small amount of traditional U.S. equities and bonds. This technique, known as the "endowment model of investing," has demonstrated consistent long-term performance and attracted the attention of numerous institutional and individual investors. With The Endowment Model of Investing Leibowitz, Bova, and Hammond take a closer look at the endowment model with customary research sophistication and attention to detail. Throughout the book, they examine how the model provides truly outstanding real returns, while keeping a close eye ...
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