marotta
06-06-2006, 08:03 AM
Foundation Series - 5 Mistakes (2006-06-05)
by David John Marotta
When endowment funds fall victim to poor management, the results are as bad as they are far reaching. Whether an endowment serves to prop up operating budgets or grow company retirement investments, falling market values trigger a host of undesirable outcomes. In the face of dwindling endowment assets, non-profit organizations are left with little alternative but to cut grants and programs. However, the most egregious failures are those involving retirement funds, bankrupted by poor management.
Read the complete column at http://www.emarotta.com/article.php?ID=181
by David John Marotta
When endowment funds fall victim to poor management, the results are as bad as they are far reaching. Whether an endowment serves to prop up operating budgets or grow company retirement investments, falling market values trigger a host of undesirable outcomes. In the face of dwindling endowment assets, non-profit organizations are left with little alternative but to cut grants and programs. However, the most egregious failures are those involving retirement funds, bankrupted by poor management.
Read the complete column at http://www.emarotta.com/article.php?ID=181