Harvard endowment 3.

It's just now it's more along the lines of endowing a charity than buying a house I don't need. 

They could use their endowment to create a fund from which students invest, but that equity would stay with the university

It actually works even better for foreign nationals because there is no such thing as a modified endowment contract.

The reference to April 1992 is presumably the date the law took effect, and it says simply that any recorded instrument (lien, mortgage, judgement) that was recorded before April 1992 will not be endowed with the benefits of the law, or subject to the law (so in other words, security interests recorded before that date will be subject to the law as it was beforehand).

Look at their budget vs. endowment, their spending on administration vs facualty, are they over building facilities?

some of the largest owners of private timberland in the US are the Harvard endowment.. and John Hancock finances a ton of it. 

I hope you feel better soon and I hope cooler heads prevail on other threads in this community.....We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.Preamble to the Declaration of IndependenceYou say they got it wrong Chris.... 

That "difference" will grow and compound and will ultimately equal the death benefit at the endowment age.The problem with your "difference" is that it remains in a tax hostile environment AND you have to withdraw it to access it.

Sure without money you can donate time, but I will argue that a large monetary endowment does way more than filling soup bowls an hour a week.