We have no endowment, unlike many other think-tanks. In fact, our board has taken a very explicit decision not to have an endowment, not to pursue the money available through trusts, for example. We have to earn our way in the world, and we do that through selling economic forecasts and doing analyses for people, and organizing conferences and networks. That's the core business of the Conference Board. It is basically doing research and facilitation.
On February 25th, 2008. See this statement in context.