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Founded in 1441, King's College was one of Cambridge University's wealthiest Colleges, endowed with a vast agricultural portfolio. John Maynard Keynes was appointed bursar just after WWI and initiated a major reallocation to equities, an innovation at least as radical as the late 20th century...
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advisory privileges for DAF contributions and close loopholes in the private foundation payout rules, among other reforms … an exception to reform for community foundation and other mission-driven DAF sponsors, and whether an alternative would … incentives to improve private foundation payout and the extent to which DAFs at mission-driven sponsors further their mission …
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