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Chong Posted 15 years ago
Vocabulary

What's the meaning of the sentence with "counts big endowments"?

The firm counts big endowments, like Stanford University, among the investors in its $3.5 billion fund.

This sentence is the last one in the first psregrph from the site : http://www.economist.com/node/18178275

I can't understand it completely.Can you help me?

Thanks!

Best regards

Chong
  

Top answer

Broadly: The firm has big investors, such as Stanford University, who are not for profit organisations with large investment funds. (Generally these funds have been built up from gifts from former students and other benefactors (benefactor = doer of good from the latin, bene = good and facere = to do).

— Anonymous

  • Broadly: The firm has big investors, such as Stanford University, who are not for profit organisations with large investment funds.
  • (Generally these funds have been built up from gifts from former students and other benefactors (benefactor = doer of good from the latin, bene = good and facere = to do).
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2 Answers
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Broadly: The firm has big investors, such as Stanford University, who are not for profit organisations with large investment funds. (Generally these funds have been built up from gifts from former students and other benefactors (benefactor = doer of good from the latin, bene = good and facere = to do).
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Thanks there!

I found a phrase about the word "count": count sb/sth among sb/sth - be regarded/regard sb/sth as one of the stated group

Does that mean that the endowments consisting most part of the investment in the fund?

But there is one thing unclear. Whether Stanford University profit from the endowments(investments) or provide advice as a thinktank for
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