Endowment funds when efficiently and honest to god purpose use are a real asset for uplifting the needy section of society.
Experts believe that most of the US Private universities owe their progress to endowment funds that have been donated to them. Massive Endowment Funds Drive Growth• Elite private universities like Harvard ($50.7B), Yale ($40.7B), and Stanford ($36.3B) have enormous endowments that fund research, faculty salaries, scholarships, and infrastructure.• A significant portion of these universities’ budgets […]