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  • About Us
Celia Dallas
Why Mandatory Spending Limits for College Endowments Could Backfire
Forcing endowments to spend a certain proportion of their fund’s market value could add too much risk for sustained long-term returns.
Celia Dallas September 12, 2015
2015-09-uw-celia-dallas-endowments-yale-large.jpg

Colleges and universities that are fortunate enough to have sizable endowments are also endowed with complex responsibilities. These include the obligation to make decisions regarding investing and spending that ultimately benefit the institution, its students and other stakeholders — today, tomorrow and decades down the

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