Effective Board Governance Structure for a University Endowment Fund

Hamdan, Hamdino; Anifowose, Mutalib; Annuar, Hairul Azlan

doi:10.1007/978-981-13-7584-2_1

Cited by 3 publications

(3 citation statements)

References 9 publications

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“…Harvard University, for example, is the biggest source of income from philanthropic activities (Harvard University, 2021; Ris, 2017). In the state of Michigan, the largest income comes from endowment fund management (Fitzgerald, 2020); this type of asset is a potential asset source of university income (Fitzgerald, 2020;Hamdan et al, 2019;Indrajit & Djokopranoto, 2011). Likewise, intangible assets are a potential source of university income (Chareonsuk & Chansa-ngavej, 2010;Lev, 2008;Revellino & Mouritsen, 2009).…”

Section: Discussionmentioning

confidence: 99%

The Importance of System Transition in The Transfer of State Assets Management to Public Institutions: Analysis at The State Islamic University - Public Service Agency in Indonesia

Slamet,

Hidayatullah,

Mustolik

2024

Ijirme

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State Higher Education Institutions in Indonesia have experienced a paradigm shift in their management, one of which is the State Islamic University. More than half of State Islamic Universities have Public Service Agency status. They focus on teaching, research, and community service as their primary business and must manage assets professionally and with economic value as potential income. This study seeks to uncover and assess asset management and management transformation of UINs with BLU status. This study uses a qualitative research paradigm with a multi-site approach. This research used in-depth interviews conducted naturally with key informants at three state Islamic universities in Indonesia that have had BLU status for more than ten years. These three universities are considered to have experience in managing assets and carrying out transformation. Data analysis approaches are Domain and Content Analysis. The research data is presented in four domains: cash management, tangible asset management, intangible asset management, and endowment fund management. Research data found that UINs with BLU status still manage assets in a normative and conservative manner. This finding is because UIN, which has BLU status, has yet to transform its university management fully. This study shows that there are demands for UIN with BLU status to transform from a government institution into an "agencification" and semi-autonomous system in line with the delegation of management of state assets from the central government.

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Section: Discussionmentioning

confidence: 99%

The Importance of System Transition in The Transfer of State Assets Management to Public Institutions: Analysis at The State Islamic University - Public Service Agency in Indonesia

Slamet,

Hidayatullah,

Mustolik

2024

Ijirme

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“…Tại nhiều trường đại học, quỹ tín thác được vận hành bởi một đơn vị độc lập với các hoạt động giảng dạy và đào tạo của trường đại học [10]. Công ty quản lý quỹ tín thác có điều lệ, nguyên tắc hoạt động và tổ chức nhân sự tách biệt với khối hành chính và đào tạo.…”

Section: Mô Hình 1: Quỹ Tín Thác Trường đạI Học Như Một đơN Vị độC Lậunclassified

University Endowment Funds in the United States and the Application in Vietnam

Hà

Le²

2020

PaM

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Endowment funds or charitable gifts first appeared back in the period of Roman Empire, yet have become a real success only since universities in the United States established and developed them with a progressive management mindset. Endowment funds assure income stability and leverage new sources of revenue. The present research sheds light on the two popular models of university endowment funds in the United States taking into account the advantages and disadvantages of university endowment establishment in Vietnam. Also, suggestions for the application in Vietnam are provided.

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“…Halal tourism has begun to be known globally by the world's Muslim community as a lifestyle through products, convenienc,e and service security. At the same time, pesantren has also become a lifestyle for students globally, which is not only about traditional education with Islamic values, but also a lot of education, ranging from formal education, arts to entrepreneurs (Hamdan, Anifowose, & Annuar, 2019).…”

Section: Introductionmentioning

confidence: 99%

Potential For Development of Heritage In Pesantren As A Halal Tourism Destination In Madura With Community-Based Tourism

Hasan

Sunariyah

Endriyati

2022

IJTL

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Heritage in Pesantren is a potential for halal tourism by prioritizing religious values which have not been given much attention. Madura is better known as the pesantren base which has grown rapidly from the past until now and the heritage of the pesantren is spiritual values that have grown as the civilization of the Madurese community in particular. This study aims to explore the heritage of pesantren in the Madurese community as a whole as potential development of halal tourism. While the approach used is community-based tourism to heritage boarding schools. The research technique used in this research is the observation of several heritage pesantren that have the potential to develop halal tourism in Sumenep Madura and in-depth interviews with managers and the community around the pesantren. The result showed that the lack of understanding of halal tourist destinations and the low literacy of the Madurese community as well as the limited time in research which becomes an obstacle to further tourism development. Thus, the presence of formal education has given a lot of transformation in the direction of pesantren education and has affected the availability of santri facilities.

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Effective Board Governance Structure for a University Endowment Fund

Cited by 3 publications

References 9 publications

The Importance of System Transition in The Transfer of State Assets Management to Public Institutions: Analysis at The State Islamic University - Public Service Agency in Indonesia

The Importance of System Transition in The Transfer of State Assets Management to Public Institutions: Analysis at The State Islamic University - Public Service Agency in Indonesia

University Endowment Funds in the United States and the Application in Vietnam

Potential For Development of Heritage In Pesantren As A Halal Tourism Destination In Madura With Community-Based Tourism

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