I think that we need to “socialize” the Yeshiva system. And why not? Don’t we all have the same goals? It shouldn’t matter what municipality the school is located in, because we don’t get local funds. We get Yiddishe funds, which are “national” (with a long “a”). We should take advantage of this and employ economies of scale. A few highly qualified money managers can replace all the self-appointed (and largely untrained) money managers that exist in each individual yeshiva. They can get a decent salary and believe me, they would be worth it. Yeshivaleit fail to realize that Wall Street types are worth the money they get paid.
Administration, regulatory compliance, grant writing and other common requirements that a yeshiva has can be taken care of centrally by professionals (because it’s foolish to have these specialties taken care of by anyone who does not specialize), saving huge amounts of money. Yeshivos may even find that they have money to manage and that they can get ahead of their budget. Then maybe people would start thinking about handing over large endowments to Yeshivos, as has been suggested.