Andrew R. Finley (Claremont McKenna College), Curtis M. Hall (Drexel University), and Teresa Harrison (Drexel Univerrsity) have published No Strings Attached: An Examination of Board-Designated Endowments in Nonprofit Organizations, Nonprofit and Voluntary Sector Quarterly (2026). Here is the abstract:
We examine whether having at least a portion of an endowment free from donor restrictions (i.e., a board-designated endowment [“BDE”]) affects en…
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