Study On The Return On The Investment Of High Education Foundation

In the era of knowledge economy, higher education, as a social intelligence incubator, is moreand more important. Every country develops vigorously its higher education to improve their com-prehensive strength and competitiveness. Well higher education’s development must have educationfunds, but the education funds from government drop year by year, the shortage of education fundshas restricted the development of higher education. Therefore, colleges and universities shouldactively raise funds from the society, use and manage the funds for better development.High education foundation develops from alumni association. High education foundation raisefunds to education in the form of public welfare activities, such as help poor students, grants, schoolinfrastructure construction and scientific research project of the public service organization. Higheducation foundation actively mobilizes the social resources from all walks, broadens financingchannel, provide funding to the education zone that government cannot take into consideration of,which solves the problem of shortage of education funds, and which also eases the social economyhigh speed development and talent supply insufficient contradiction. Therefore, the development ofhigh education foundation has played the significant practical significance to solve the educationproblem. Along with the development of high education foundation and China charity negativeinformation, people pay more and more attention to the foundation’s fund operation. Under theinfluence of the financial crisis, the foundation investment is becoming more and more important.This paper elaborates related basic theory of the investment of high education foundation,including qualitative analysis of the connotation of investment, the investment objects, elaboratedthe related regulations to investment and related theory of investment income of high educationfoundation. The related theory includes investment income and risk and modern portfolio theory,emphatically elaborating the higher school education foundation investment income calculationmethod. And then formulates the reasons of using the Markowitz mean-variance portfolio modeland multi-objective linear programming model to analyze the return and risk of investment of higheducation foundation. The paper introduces the risk factor to obtain in different risk preference andconstructs high education foundation investment income model. The paper analyzes the developmentof high education foundation, including the overall development situation, the public and non-publicinvestment projects. It introduces the risk factor to obtain in different risk preference coefficients,bank deposits, bonds, securities investment funds’ optimal investment ratio results. Taking14 representative high education foundations as an example, this paper compares the actual return andrisk with the optimal return and risk. We conclude that the investment return of high educationfoundation non-public investment projects is low and the risk is high. Meanwhile this articleanalyzes the factors of the investment return. Last we put forward countermeasures and Suggestionsof the investment of high education foundation to promote our country’s high education foundationlong-term sustainable development.