Quotes About Endowment

Bullying builds character like nuclear waste creates superheroes. It's a rare occurrence and often does much more damage than endowment.

Your endowment is, to receive all those ordinances in the house of the Lord, which are necessary for you, after you have departed this life, to enable you to walk back to the presence of the Father.

Every human life involves an unfathomable mystery, for man is the riddle of the universe, and the riddle of man in his endowment with personal capacities.

The Call of Duty Endowment is a natural philanthropic extension of our brand.

When we are baptized and confirmed, when brethren are ordained to the priesthood, when we go to the temple and receive our endowment, when we enter into the new and everlasting covenant of eternal marriage - in all these sacred ordinances, we make solemn commitments to keep God's commandments.

The blessings of the priesthood are available to every righteous man and woman. We may all receive the Holy Ghost, obtain personal revelation, and be endowed in the temple, from which we emerge 'armed' with power.

Bundy sternly tool his fellow endowment fund managers to task - not for being too bold, but for being insufficiently so: We have the preliminary impression that over the long run caution has cost our colleges and universities much more than imprudence or excessive risk-taking.

Instead of making isolated gifts, Rockefeller wanted to finance institutions whose research would have a pervasive influence.

In its thirty-year existence, the GEB dispensed $130 million, equal to more than $1 billion today.

Each year, Rockefeller reluctantly gave another million dollars to bolster the permanent endowment to keep pace with his free-spending president

Men do wrong to lament the flight of time, complaining that it passes too quickly and failing to perceive that its period is sufficiently long; but a good memory, with which nature has endowed us, causes everything that is long past to appear to us to be present.

The true purpose of education is to cherish and unfold the seed of immortality already sown within us to develop, to their fullest extent, the capacities of every kind with which the God who made us has endowed us.

The status quo represents a mental account that we already have open, which has sunk costs associated with it, the time, money, or effort that has already been put into the way we've been doing things. Closing that account by switching to a new option can make us feel like we are wasting those resources we have already spent. We also become endowed to the status quo, taking ownership of the decisions that have kept us in that groove and anything we have created along the way.

The endowment and sunk cost effects live together in a way that amplifies escalation of commitment. Status quo bias adds to the mix of cognitive forces gaffing the scale.

When we own something, we value it more highly than an identical item that we do not own. Richard Thaler was the first to name this cognitive illusion, calling it the endowment effect. In fact, he introduced the endowment effect in that same 1980 paper where he coined the term "sunk cost." He described the endowment effect as "the fact that people often demand more to give up an object than they would be willing to pay to acquire it.

The endowment effect helps unlock the mystery of why Harold Staw twice would not sell his stores. In his battle with the Texas shareholders, in which his good friend and lawyer defected to the other side, he was endowed to the California stores in a way that those on the other side of the suit were not. He was unwilling to sell the California stores, stores he had created and built, to protect the value of the Texas stores, stores he had not created and built.

As you build things, whether they're train tracks, or bookshelves, or relationships, or essays that you've written for classes, the endowment effect gaffs the scale even more, further escalating our commitment to failing causes.

Much of this last gift was routed to the University of Chicago.

During Peabody's last years, the scope of his charity grew dazzling. He endowed a natural history museum at Yale University, an archaeology and ethnology museum at Harvard, and an educational fund for emancipated southern blacks. For this last, he handed over a $1-million batch of defaulted Mississippi and

Our lives are programmed at conception and are endowed with purpose and meaning.

There have been many great newspapermen, but to my mind, only two have achieved immortality: Pulitzer for his endowment and William Randolph Hearst for his castle.

our endowment from God.

The only thing you take with you when you're gone is what you leave behind.

And time shall force a gift on each.