2026 Endowments and Foundations Survey (Morgan Stanley)
Endowments and foundations are navigating a portfolio landscape where alternatives have moved into the core of the…
Endowments and Foundations
Lead Content
The Perpetuity Trap: Why Foundation Endowments Misallocate Capital
This paper argues that perpetuity is not a neutral container but a capital structure with its own logic, and that…
Latest posts
NACUBO U.S. Higher Education Endowments Report Stable Returns (Commonfund Institute)
The NACUBO-Commonfund Study of 657 colleges and universities reports a 10-year average return of 7.7% as of fiscal…
Connecticut’s Pre-K Endowment Diverts Pension Dollars (Reason Foundation)
In diverting surplus money away from reducing Connecticut’s pension debt, the funding mechanism for the pre-K…
HIGHLY RATED
TOP RECENT POSTS
ALL TIME
Top Picks
Insights you might have missed last week
Robotics, perpetual futures, and AI-powered private creditExplore this selection of high-quality…
Academic round-up: From trend-following to Gen Z philanthropy
This edition of the Savvy Investor academic round-up presents papers covering a range of topics to…
Institutional allocators retain focus on long-term goals
Explore the latest takes on large, global allocators...