Endowments average 11.7 percent return in FY2013 over FY2012

Lynn Russo Whylly's picture

NACUBO and Commonfund have released their annual study of endowments, and this year’s outlook is more positive than last year’s. Based on data collected from 835 U.S. colleges and universities for the fiscal year ending June 30, 2013, endowments for all participating higher ed institutions, which totaled $448.6 billion, averaged an 11.7 percent return, compared to a -0.3 percent return in the previous fiscal year.

While a considerable improvement over 2012, 2013’s return is not as strong as the returns seen in 2010 (19.2 percent) and 2011 (11.9 percent).