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I'm Envious of Liberty's Endowment
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billybobby777 Offline
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Post: #41
RE: I'm Envious of Liberty's Endowment
(05-18-2017 07:35 AM)mturn017 Wrote:  I'm no legal expert but if their endowment came from funds that they themselves generated and not from outside donors as is typical, then there's probably no real restrictions on the money (maybe minimal). So what makes it any different than having the cash in operating funds (invested or not but as has been mentioned it be stupid to not having it earn something)? It seems they just decided to announce they had a billion dollars. Or maybe more to the point a billion dollars that they no longer needed to fund current capital projects.

I guess it's not an endowment like the one at most schools. I thought of endowment money being donated, not money taken from tuition.
05-18-2017 08:08 AM
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RE: I'm Envious of Liberty's Endowment - billybobby777 - 05-18-2017 08:08 AM



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