"Dartmouth Controversy Reflects Quandary for Endowments" New York Times 1/7/2013

 

By the numbers, the endowment at Dartmouth had a banner year. The $3.49 billion fund returned 5.8 percent for the 12 months that ended in June — the best in theIvy League.

But the performance has been clouded by controversy. Last year, an anonymous letter signed by “the friends of Eleazar Wheelock,” referring to the university’s founder, asked New Hampshire state officials to investigate the endowment over potential conflicts of interest raised by trustee-related investments.

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John Bosco is a graduate of Dartmouth College.