Endowment
The endowment was recorded at as low as $15.2 million, a 13 percent drop from nearly $17.5 million in February 2008, due largely to losses on investments. Its endowment stood at $22.5 million as of Dec. 31, 2009.
Read more about this topic: Sanford-Burnham Medical Research Institute
Famous quotes containing the word endowment:
“... it matters not what natural endowment a race may have if it prostitutes itself to the service of death.”
—Rebecca West (1892–1983)
“I wish more and more that health were studied half as much as disease is. Why, with all the endowment of research against cancer is no study made of those who are free from cancer? Why not inquire what foods they eat, what habits of body and mind they cultivate? And why never study animals in health and natural surroundings? why always sickened and in an environment of strangeness and artificiality?”
—Sarah N. Cleghorn (1976–1959)
“The parent must not give in to his desire to try to create the child he would like to have, but rather help the child to develop—in his own good time—to the fullest, into what he wishes to be and can be, in line with his natural endowment and as the consequence of his unique life in history.”
—Bruno Bettelheim (20th century)