The Windfall Gift

What large gifts mean for endowment managers and other campus leaders

MISSION-BASED INVESTING COMES OF AGE: Embracing Investments With A Double Bottom Line

How and why college and universities have begun to do this with their endowments

A leading environmentalist who happens to be our former vice president, Al Gore, said, "Holding a 'feel-good' investment may appeal to the heart, but it's of no real use if it doesn't produce a healthy financial return." The investment behavior of university and college endowments appears to confirm Gore's comments. Over the past five years, market-rate, mission-based investments made by all nonprofit organizations, including educational institutions' endowments, trusts and foundations, have grown three times faster than the below-market segment.