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The Governance of Not-for-Profit Organizations$
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Edward L. Glaeser

Print publication date: 2003

Print ISBN-13: 9780226297859

Published to Chicago Scholarship Online: February 2013

DOI: 10.7208/chicago/9780226297866.001.0001

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PRINTED FROM CHICAGO SCHOLARSHIP ONLINE (www.chicago.universitypressscholarship.com). (c) Copyright University of Chicago Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use.date: 24 July 2021

The Role of Nonprofit Endowments

The Role of Nonprofit Endowments

Chapter:
(p.217) 7 The Role of Nonprofit Endowments
Source:
The Governance of Not-for-Profit Organizations
Author(s):
Raymond Fisman, R. Glenn Hubbard
Publisher:
University of Chicago Press
DOI:10.7208/chicago/9780226297866.003.0008

This chapter takes a preliminary step in analyzing empirically the role of the endowment in nonprofit organizations. It is organized as follows. Section 7.1 describes the process of endowment generation and donor behavior that governs nonprofit organizations. Section 7.2 discusses potential measures of governance in nonprofits. Section 7.3 provides details on the Internal Revenue Service data used to examine organizations' endowments. Section 7.4 presents the results on patterns of endowments and precautionary savings. Section 7.5 undertakes a preliminary investigation into the link between governance and endowment intensity; and Section 7.6 concludes.

Keywords:   endowment, nonprofit organizations, donor behavior, governance, precautionary savings

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