This paper, commissioned and sponsored by the IRRC Institute, analyzes the state of environmental, social and governance (ESG) investing by college endowments, by aggregating multiple datasets addressing three areas of activity: 1) incorporation of ESG criteria into endowment management, 2)...

Provides an analysis of disclosures in fiscal years 2009 and 2010 by the 20 wealthiest private colleges in Massachusetts of their business relationships with firms affiliated with trustees. The study identifies widespread errors and omissions in reporting that raise questions about the quality...

Provides in-depth analysis of excessive executive compensation at the 20 wealthiest Massachusetts private colleges and universities during 2008-09, the academic year of the financial crisis. Analyzes both disclosed and undisclosed compensation packages as well as income inequality between highly...

Based on case studies of leading, high-impact investors and asset managers, we develop a new framework for portfolio management in pursuit of social and environmental impact: Total Portfolio Activation (TPA). By identifying four key areas of impact investment activity, the framework helps...

Develops a new methodology for estimating the value of federal, state and local tax exemptions received by private, nonprofit higher-educational institutions, using Northeastern University as a demonstration case study

Provides comparative analysis of six New England college endowments (Boston College, Boston University, Brandeis, Dartmouth, Harvard, and MIT) during the financial crisis of 2007-2009. The paper identifies deep-seated problems with the influential, radically diversified "Endowment Model of...