# Professor David Yermack's joint research on the investment returns and distribution rates for U.S. non-profit endowment funds is highlighted

1 Faculty News November 5, 2019 ![Poets and Quants logo](/sites/default/files/styles/246w/public/assets/images/con_036687.gif?itok=YuUEYfSP)>

Excerpt from [Poets and Quants](https://poetsandquants.com/2019/11/05/georgetowns-dahiya-college-endowments-have-terrible-returns/?pq-category=professor-of-the-week) -- "That was the stunning finding of a paper by Poets & Quants’ Professor of the Week, Sandeep Dahiya of the McDonough School of Business at Georgetown University, along with [David Yermack](https://www.stern.nyu.edu/faculty/bio/david-yermack) of New York University Stern School of Business. Their working paper, 'Investment Returns and Distribution Policies of Non-Profit Endowment Funds,' was published in May by the European Corporate Governance Institute."

[Read More](https://poetsandquants.com/2019/11/05/georgetowns-dahiya-college-endowments-have-terrible-returns/?pq-category=professor-of-the-week)