Bowdoin endowment crosses $1 billion

<p>[Bowdoin’s</a> investment managers did an outstanding job for the most recent fiscal year, producing a 16% rate of return and topping $1 billion in endowment.](<a href=“Vatican-St-Peters”>Bowdoin Endowment Surpasses $1 Billion on Investment Return of 16.0%; Mills Links Growth to Affordability) The endowment now sits at $1.038 billion, wit a substantial chunk of proceeds (45%) set aside each year for financial aid.</p>

<p>That’s what I’m talkin’ about!</p>

<p>Fuel for a bright future, yo.</p>

<p>Especially when you consider that only 71 colleges in the US can make the same claim, and the relative size of Bowdoin’s student body, I’d say that pretty amazing. Go U Bears.</p>