Funders Can Give More than Money
Harvard Business Review
JANUARY 11, 2013
The outlook is only marginally better for endowments , with returns on their invested capital hovering around 5 percent—as they did in 2011. Twelve-year-old Roger Ruiz was expelled from his public school in rural Nicaragua. Today, Roger is president of the school, elected by his peers. percent lower than its value in 2007.
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