The majority of their investors are financial institutions, pension funds, endowments and universities. |
Ticket buyers aren't buying, donors are waiting, funders are thinning out, endowments are earning less. |
Charitable tax deductions in effect make government a large donor to university endowments. |
In addition, university endowments provide a huge source of capital for corporations. |
These kings were generous in their endowments to the temple in the 14th and 15th centuries. |
They would also give top universities massive endowments to free them from state interference. |