Columbia Endowment Soon to be Surpassed by Penn?

<p>"But despite this year's improved growth rate, the University's total endowment continues to hover at fifth place within the Ivies, trailing closest competitor Columbia University by about $300 million, according to NACUBO's annual survey of over 700 universities."</p>

<p>How come Columbia's fund managers can't seem to return the high double digit returns being produced by HYPMS? (I think in 2005 they only got 3.5%...) I mean with so many wanna-be IBankers from Columbia, you'd think they'd get better returns. How can Columbia ever catch up to its "peers" in terms of endowment?</p>

<p>According to NACUBO's annual survey that you used in your quote, Columbia's percent change in endowment last year was 14.4%.</p>

<p>I don't know where you got your 3.5%.</p>

<p><a href="http://www.nacubo.org/documents/research/2006NES_Listing.pdf%5B/url%5D"&gt;http://www.nacubo.org/documents/research/2006NES_Listing.pdf&lt;/a&gt;&lt;/p>

<p>someone just got shot down</p>

<p>lol i meant from 2004-2005.</p>

<p><a href="http://www.thedartmouth.com/article.php?aid=2005020201010%5B/url%5D"&gt;http://www.thedartmouth.com/article.php?aid=2005020201010&lt;/a&gt;&lt;/p>

<p>"The market value of Columbia University's endowment grew 3.5 percent in the last year, a yield well below the national average and by far the lowest in the Ancient Eight. Duke's growth of 9.8 percent also landed noticeably below the norm."</p>

<p>That is not representative of Columbia's current endowment growth.</p>

<p>True. I hope Columbia's endowment growwssss by a lot!!!! I will surely donate as much as I can after I graduate so we can catch up to HYPMS =)</p>

<p>Columbia's endowment is currently just under 6 billion and growing steadily. Donations are up, and the University just launched a major fund raising campaign. The goal is to fund raise an additional 1.6 Billion dollars for just the endowment by 2012.</p>

<p>The goal is to raise 4 billion total, with 1.5 billion already pledged during the 'quiet period' before the official launch in September '06.</p>

<p><a href="http://alumni.columbia.edu/support/s6_7.htm%5B/url%5D"&gt;http://alumni.columbia.edu/support/s6_7.htm&lt;/a&gt;&lt;/p>