What a fantastic year for Wesleyan’s finances… with plenty of alums still sour over losing ground to Amherst and Williams (Wesleyan had as much money as its Little Three brethren as recently as 1980), Wesleyan has earned 14.7% on its endowment, and with gifts added in, increased the endowment by 20.5% (going from $802 million to $967 million). This was made possible by both a record year for fundraising and excellent investment returns. These returns are amongst the highest in the country, and I believe outperform all of the other NESCAC schools for the fiscal year. The school has made great strides in fiscal discipline in the past decade, and it’s beginning to pay off.
Haha. Just in time to qualify for federal taxation under the new proposed “reform” bills floating through Congress.
Nothing like a year of Trump! From that 14.7% return, they can deduct 1.4% tax for a return of 13.3%. Not bad. While others complain that 39.6% tax rates for individuals is too low.
Sorry, neither response is correct. Its about actively fund raising from alumni.