Stanford endowment jumped 9.7% in 2013

Lynn Russo Whylly's picture

Stanford University saw a 9.7 percent increase in its endowment during the 2013 fiscal year, bringing the Palo Alto school's total value of investments to $18.7 billion.

The university reported strong investment returns and new gifts as two major reasons for the increase, which continues a trend of growth after the 2008 recession, according to a report by the Stanford Daily.

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