Endowments on the rebound.
This improvement also follows on a low point return of -18.7 percent reported for FY2009. But, says Commonfund, the returns were still below the average inflation-adjusted spending rates of educational institutions, indicating that the damage inflicted by the downturn is still being felt by endowments.
THE 10 LARGEST COLLEGE ENDOWMENTS: Rank School Endowment as of 6/30/11 1 Harvard University 31.7B 2 Yale University 19.4B 3 University of Texas System $17.1B 4 Princeton University 17.1B 5 Stanford University $16.5B 6 Massachusetts Institute of Technology $9.7B 7 University of Michigan 7.8B 8 Columbia University 7.8B 9 Northwestern University $7.2B 10 Texas A&M University System & Foundations $7B Source: 2011 NACUBO-Commonfund Study of Endowments
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|Title Annotation:||CAMPUS CFO|
|Date:||Mar 1, 2012|
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