"Princeton endowment earns 14.7 percent return" (news item)

Colleges and Universities A-Z Princeton University
1

<p>Princeton</a> University - Princeton endowment earns 14.7 percent return</p>

<p>In what is certainly wonderful news for Princeton, the endowment saw a 14.7% rate of return in the year ending June 30, 2010. </p>

<p>More surprising and apparently due to careful control over spending and additional gifts, the endowment itself went from $12.6 billion last year to $14.4 billion as of June 30th of this year for a 14.3% increase. </p>

<p>Among the nation's universities with the largest endowments, Princeton was the last to report its results this year. Here is how its performance compared to some of the other large university endowments. (Duke, Northwestern and the U. of Chicago have endowments about the same size as Columbia's and Penn's but I could not quickly find their results for this year.)</p>

<p>2010 Endowment Growth Performance</p>

<p>Institution | Endowment Growth | Investment Return | Endowment Size | 10 year ave. return</p>

<p>Princeton---14.3%--------14.7%------$14.4 billion-----7.9% annually
Columbia----14.0%--------17.3%-------$6.5 billion
Penn---------9.6%--------12.6%-------$5.7 billion
Stanford-----9.5%--------14.4%-------$13.8 billion-----6.9% annually
Cornell-------9.1%--------12.6%--------$4.4 billion
Brown--------9.0%--------10.0%--------$2.2 billion------6.2% annually
Dartmouth----6.1%--------10.0%--------$3.0 billion
Harvard------5.4%--------11.0%-------$27.4 billion-----7.0% annually
MIT----------5.1%--------10.0%-------$8.3 billion
Yale---------2.5%---------8.9%-------$16.7 billion------8.9% annually</p>

<p>Endowment Size
(in billions)</p>

<p>$27.4-----Harvard
$16.7-----Yale
$14.4-----Princeton
$13.8-----Stanford</p>

<p>2010 Investment
Rate of Return</p>

<p>17.3%-----Columbia
14.7%-----Princeton
14.4%-----Stanford
12.6%-----Cornell, Penn
11.0%-----Harvard
10.0%-----Brown, Dartmouth, MIT
8.9%------Yale</p>

<p>2010 Endowment Growth</p>

<p>14.3%-----Princeton
14.0%-----Columbia</p>

<p>9.6%-------Penn
9.5%-------Stanford
9.1%-------Cornell
9.0%-------Brown</p>

<p>6.1%-------Dartmouth</p>

<p>5.4%-------Harvard
5.1%-------MIT</p>

<p>2.5%-------Yale</p>

<hr>

<p>I admit to being surprised both by the nice rate of investment return but even more by the percentage increase in the size of the endowment.</p>

<p><a href="http://talk.collegeconfidential.com/princeton-university/1009349-princetons-endowment-passes-stanford-into-third-place.html %5B/url%5D"&gt;http://talk.collegeconfidential.com/princeton-university/1009349-princetons-endowment-passes-stanford-into-third-place.html&#8195;&lt;/a&gt;&lt;/p>

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<p>That’s wonderful news, PtonGrad. Do you have the figures for endowment per student?</p>

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<p>Hailll yahz</p>

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<p>Sorry, Wildwood, I hadn’t seen your question until now. </p>

<p>The current figures for endowment per student are as follows:</p>

<p>Endowment Figures As of Fall 2010</p>

<p>Institution – Endowment Size–Endowment $'s Per Student</p>

<p>Princeton-------$14.4 billion-------$1,896,733.00</p>

<p>Yale------------$16.7 billion-------$1,440,524.00
Harvard---------$27.4 billion-------$1,411,571.00</p>

<p>MIT--------------$8.3 billion---------$799,307.00
Stanford--------$13.8 billion---------$746,027.00</p>

<p>Dartmouth-------$3.0 billion----------$501,086.00</p>

<p>Penn------------$5.7 billion----------$295,169.00
Columbia--------$6.5 billion----------$268,262.00
Brown-----------$2.2 billion----------$256,589.00
Cornell----------$4.4 billion----------$213,251.00</p>

5

<p>Awwww…still below $2B per student… tsk, tsk. :D</p>

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<p>They’ve all learned the lesson: Don’t use up massive amounts of endowment money to F*** around in the derivatives market. Honestly, I cannot fathom why these schools took risks and just let their endowments drop the way they dropped.</p>