MIT 2006 Endowment - #1 In the Nation for Percentage Increase

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<p><a href="http://web.mit.edu/newsoffice/2006/endowment.html%5B/url%5D"&gt;http://web.mit.edu/newsoffice/2006/endowment.html&lt;/a&gt;&lt;/p>

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As a result of strong investment performance and gifts, the endowment's assets totaled $8.4 billion as of June 30, 2006, an increase of $1.7 billion from the previous year, net of spending. For the past 10 years the Institute's endowment has had an annualized return of 15.3 percent.

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<p>[bold]MIT ranks #1 in the nation this year with endowment's percentage increase, higher than Harvard's or Yale's[/bold]=)</p>