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MAGIS

Abstract

In a 2009 study of 864 institutions, the average university endowment was $372 million and 56 institutions had endowments over $1 billion (NCSE, 2010). University endowments finance destructive and shortsighted global corporations that exist to benefit their respective shareholders, not the common good. University mission statements and values offer a framework for institutional decision- making, so why not investments?

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