Harvard University, Endowment
Harvard University Endowment Posts 9.6% Gain, Reaches $53.2 Billion
Harvard University’s endowment realized a 9.6% gain for Fiscal Year 2024, a significant improvement over last year’s 2.3% increase. Its value now stands at $53.2 billion.
Harvard Endowment Grows to $53.2 Billion on Strong Returns During Turbulent Year
The strong returns came despite a drop in endowment gifts to $368 million compared with $561 million in the previous year. But Harvard said current use gifts rose by 9% to $528 million. A number of prominent donors, including hedge fund manager Kenneth Griffin, halted their giving amid the crisis.
Harvard Endowment Jumps to $53.2 Billion, Delivers 9.6% Returns in 2024
The value of Harvard’s endowment grew to $53.2 billion after the Harvard Management Company boasted a 9.6 percent return on its investments in fiscal year 2024 — the first year the endowment has increased in value since 2021.
Harvard endowment grows during turbulent academic year
The Ivy League school’s portfolio of private equity, hedge funds, real estate, and other investments gained 9.6 percent in the fiscal year that ended June 30.
Harvard endowment returns 9.6% for fiscal year
Harvard University ’s endowment posted a return of 9.6% for its fiscal year ended June 30, and the value of the portfolio increased to $53.2 billion from $50.7 billion the year before. The latest positive investment return followed a 2.9% gain for the prior fiscal year and a 1.8% loss for the fiscal year ended June 30, 2022.
Harvard endowment grows over 9%, passes $53 billion
Harvard’s industry-leading endowment surpassed $53 billion last fiscal year thanks to investment gains of 9.6%, beating many of its peers who have reported numbers so far this fall.
The San Angelo Standard-Times on MSN1h
Angelo State athletics receives $500,000 for endowment
Angelo State University has received a $500,000 gift from a local philanthropist for its athletic program, according to a ...
These ultra-rich college endowment funds have a lot to learn about investing
U.S. colleges and universities have begun to report their endowment returns for the last fiscal year, and the picture isn’t ...
Harvard and Other Big Endowments Trailed the S&P 500. Where They Lost Ground.
In comparison, the S&P 500 returned 24.56% in that period, while a 70/30 mix of the S&P 500 and U.S. taxable bonds was up 18% ...
Penn’s endowment grew by $1.4 billion last year, with a 7.1% investment return
Over the past five years, Penn’s endowment has averaged a 9.6% annual return. That includes a 1.3% return last year and less ...
The Harvard Crimson1d
Donations to Harvard’s Endowment Drop by More Than $150 Million
Total philanthropic contributions fell by 14 percent in fiscal year 2024 as several billionaire donors publicly severed ties ...
Pensions&Investments2h
University of South Carolina endowment returns 14.5%
The University of South Carolina Foundation’s endowment portfolio returned a net 14.5% in the fiscal year ended June 30. The ...
Deccan Chronicle1h
TG Govt Will Protect Endowment Lands in State: Konda Surekha
Hyderabad: Endowment minister Konda Surekha said that the government was taking measures to protect temple land by conducting ...