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re: What is a University endowment really for?

Posted on 11/25/16 at 11:47 am to
Posted by Serraneaux
South of 30a
Member since Mar 2014
19827 posts
Posted on 11/25/16 at 11:47 am to
The medical centers, for example, like Vanderbilt which has 16 divisions all have endowed chairs that fund research fellow salaries and division lab support. Some of these can be 100k-200k per year along with other smaller endowments.
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