Vol. 9 No. 5
April 2007

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Purchasing Power
Managing Emory's endowment for the present and future

What is an endowment?

Asset allocation of Emory's endowment

“I tried to think of issues that the faculty might bring to the investment committee, and it's difficult to find one.”

“We want to spend today and benefit the students and faculty of today, but we don't want to do that at the expense of the next generation.”

100 Semesters: My Adventures as Student, Professor, and University President, and What I Learned Along the Way
William M. Chace, President Emeritus and Professor of English

Endnotes