He also led the capital campaign coming out of the recession that pumped over $200 mil real dollars back into the endowment.Mikey77 wrote:Not to detract from Rabinowitz ' accomplishments, but the endowment spike is largely due to the bull stock market over the last ten years subsequent to the Great Recession.
President Rabinowitz retiring August 2021
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HofstraHockey
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Re: President Rabinowitz retiring August 2021
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Flying Dutchmen
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Re: President Rabinowitz retiring August 2021
What's the main source of Hofstras endowment? Investment from tuition?
Re: President Rabinowitz retiring August 2021
Flying Dutchmen wrote:What's the main source of Hofstras endowment? Investment from tuition?
They likely break about even on tuition after expenses like salaries. I think most is from new donations and investment upon the existing endowment. Compounded returns on several hundred million adds up.