Fiscal year 2006 Endowment news out

Parents Forum
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<p>WSJ had a small article on endowment figures being released this am...here's a quote:</p>

<p>"Colleges and universities earned an average investment return of 10.7% on their endowments during fiscal 2006, narrowly beating the Standards & Poor's 500-stock index, according to national survey results.</p>

<p>As usual, the largest endowments performed the best. Schools with endowments of $1 billion or more earned 15.2%.....Colleges with less than $25 million earned 7.8%."</p>

<p>The article goes on to cite Harvard (#1 endowment) earning 16.7% to an endowment now of $29.2 billion, and MIT (#6 endowment) earning a 23% return (wow) to an endowment now of $8.4 billion.</p>

<p>Here's another PRNewswire release with more investment detail, but it doesn't cite specific institutions:
<a href="http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/12-13-2006/0004491022&EDATE=%5B/url%5D"&gt;http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/12-13-2006/0004491022&EDATE=&lt;/a&gt;&lt;/p>

<p>here's also a main source for this info from NACUBO, the association tracking this stuff:
<a href="http://www.nacubo.org/x2376.xml%5B/url%5D"&gt;http://www.nacubo.org/x2376.xml&lt;/a&gt;&lt;/p>

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<p>Yup. The wealthier they are, the more they have in hedge funds. Goes for families of enrolled students as well. ;)</p>