May 28, 2004

Long-Term Strategies for Endowments Can Beat Stock-Market Returns, a Study Finds

By BEN GOSE

Table: College Endowments: Growth in Median Value of Assets, 1993-2003

Table: How 10 College Endowments Fared in a Decade

Related articles: View all of the advice and commentary from this special supplement on endowmentsBy BEN GOSE

Ask most experts what is the most important factor in endowment growth, and they will probably say investment performance. But it turns out that policies on raising and spending endowment

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