000 01681naa a2200193uu 4500
001 7100815520910
003 OSt
005 20190924100519.0
008 071008s2007 xx ||||gr |0|| 0 eng d
100 1 _932861
_aIrvin, Renee A.
245 1 0 _aEndowments :
_bstable largesse or distortion of the polity?
260 _aMalden, MA :
_bBlackwell Publishers,
_cMay / June 2007
520 3 _aAs ever more private resources are held in foundations and nonprofit organizations’ endowment funds, more scholars and practitioners are demanding that these assets be put to good use immediately. Those favoring the preservation of capital—primarily representing private foundations—sound unnecessarily cautious. This article examines endowment conservation from a variety of critical angles, finding strong rationales for both conserving and liquidating endowments. Policy responses to the buildup of endowment assets include requiring a faster payout or regulating the amount and type of administrative expenses included in annual payout. This article reviews the relationship of the business cycle and wealth distribution to annual giving. The most prudent course, in view of the cyclical nature of giving as well as the substantial generational wealth currently held by elders, appears to be to conserve significant assets now in order to establish a stable flow of future social benefits
590 _aPublic administration review PAR
773 0 8 _tPublic Administration Review: PAR
_g67, 3, p. 445-457
_dMalden, MA : Blackwell Publishers, May / June 2007
_xISSN 00333352
_w
942 _cS
998 _a20071008
_b1552^b
_cTiago
998 _a20090608
_b1651^b
_cmayze
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c24720
_d24720
041 _aeng