Organization
Dartmouth College
U.S. college in Hanover, New Hampshire.
Connections 3
people who worked here
- Bruce Sacerdote 2020 Scholarship & press 1
involved in
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New Hampshire review of an anonymous letter about Dartmouth’s trustee-linked endowment investments
the subject of an anonymous letter alleging recycled fees; the college denied wrongdoing
Scholarship & press
234
The fee claims are allegations by anonymous letter-writers, with their own estimate of fees, and the college’s denial is given beside them. The 13.5 percent is the Chronicle of Philanthropy’s summary of reports in The New York Times and Bloomberg.
- Senate Finance Committee’s 2008 questions to 136 colleges had announced increased student aid Primary record 5
Timeline 1 date
- 2020 Bruce Sacerdote worked at Dartmouth College
Proof 5 sources
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Relief Rally: Senators As Feckless As the Rest of Us at Stock Picking (NBER Working Paper 26975), National Bureau of Economic Research, Apr 2020.
Scholarship & press
Sacerdote is at Dartmouth and National Bureau of Economic Research and the Jameel Poverty Action Lab.
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Letter urges investigation of Board, The Dartmouth, 29 May 2012.
Scholarship & press
For years Dartmouth has been run by and has paid sky-high fees to a group of investment manager trustees, all Dartmouth graduates, who have then recycled some portion of the fees (for which they were taxed at a favorable 15 percent) back to the College as generous donations
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Dartmouth Investments With Trustees’ Firms Stir Contention, The Chronicle of Philanthropy, 8 Jan 2013.
Scholarship & press
About 13.5 percent of Dartmouth’s $3.5-billion endowment is invested in six funds associated with current or recent trustees, some of whom have made major gifts to the university.
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N.H. Reviews Conflict Claims on Dartmouth Investments, The Chronicle of Philanthropy, 30 May 2012.
Scholarship & press
The letter accuses money managers serving as trustees or members of the college’s investments committee of “enriching themselves” through private-equity, venture-capital, and hedge-fund investments by Dartmouth’s $3.4-billion endowment.
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Baucus, Grassley Write to 136 Colleges, Seek Details of Endowment Pay-outs, Student Aid, Senate Finance Committee, 24 Jan 2008.
Primary record
Since then, three colleges – Harvard, Yale, and Dartmouth – have announced increased student aid.
Page history 1 change
- Add 55 stories, each checked against its sources96e92fe6
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