SHRINKING ENDOWMENTS ARE A GROWING PROBLEM

Across the nation, 80 percent of museums report experiencing recent declines in their endowments, Chad Garrison and Rick Desloge report on MSNBC. The Saint Louis Museum of Art, for example, has experienced a 16 percent drop in the value of its endowment since 1999. Further losses at this rate could erode the long-term revenue sources the endowments were established to provide.