Hedge fund foundations are up 31% in endowment value from last year, managing $
4.6 billion in assets in 2007 up from 2006's $
3.52 billion. This year-to-year growth from 2006 to 2007 tracks with the increase in giving at last year's Robin Hood Foundation
one-day fundraisingingpalooza.
So the question is whether the 21% drop in RHF fundraising in 2008 (over 2007) really will be any kind of predictor - as I mused
here.
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