An alternative model of university endowment

Abstract

A university endowment is typically composed of assets, stocks and bonds to generate money for supporting the university's mission. Most university endowments in the Western hemisphere are developed by donations and gifts. In the developing countries, where the donation culture does not exist, one needs to resort to alternative methods of generating an endowment. The paper presents an alternative model of university endowment, which could be adopted to develop an endowment for a university.