The context in which boards are making endowment spending decisions has changed remarkably in the past year. In January 2008, Senators Max Baucus and Charles Grassley, chair and ranking minority member, respectively, of the Senate Finance Committee, cited "explosive college endowment growth" as evidence that college and university boards should…

In these uncertain economic times, leadership is among the most frequently used (and misused) terms in public discourse. And the vast literature on this topic certainly encompasses considerable discussion of the policies and practices that can equalize leadership opportunities for women and people of color. In reviewing the status of women in…

Foundations affiliated with public higher education institutions can avoid having to open records for public scrutiny, by having independent boards of directors, occupying leased office space or paying market value for university space, using only foundation personnel, retaining legal counsel, being forthcoming with information and use of public…