Direct linkERIC Number: EJ837984
Record Type: Journal
Publication Date: 2009-Mar-13
Pages: 1
Abstractor: ERIC
ISBN: N/A
ISSN: ISSN-0009-5982
EISSN: N/A
Tufts Learns How Far a Big Gift Can Go
Masterson, Kathryn
Chronicle of Higher Education, v55 n27 pA1 Mar 2009
In 2005, eBay's founder gave Tufts University $100-million dollars with an unusual stipulation: The money was to be invested in the burgeoning field of microfinance and used to provide small-business loans and other financial services to poor people around the world. The university would make money if the investments were profitable. The author describes how the university has used it.
Descriptors: Financial Services, Small Businesses, Financial Support, Poverty, Universities, Endowment Funds, Investment, Credit (Finance)
Chronicle of Higher Education. 1255 23rd Street NW Suite 700, Washington, DC 20037. Tel: 800-728-2803; e-mail: circulation@chronicle.com; Web site: http://chronicle.com/
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A
