NACUBO Endowment Study, 1998 [electronic resource] : Executive Summary.

This executive summary presents the results of a 1998 study of endowment assets of 509 higher education institutions, and is intended to allow administrators and trustees to evaluate the performance of their endowments and to acquaint them with the investment policies and practices of other higher e...

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Online Access: Full Text (via ERIC)
Corporate Author: Cambridge Associates
Format: Electronic eBook
Language:English
Published: [S.l.] : Distributed by ERIC Clearinghouse, 1999.
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Summary:This executive summary presents the results of a 1998 study of endowment assets of 509 higher education institutions, and is intended to allow administrators and trustees to evaluate the performance of their endowments and to acquaint them with the investment policies and practices of other higher education institutions. The report begins with a brief section offering notes on the data. Following are two sections of exhibits. In the first, tables, charts, and text provide information on endowment characteristics, including endowment assets, a breakdown of assets reported by public and private institutions, historical endowment growth and market indexes, endowment asset allocation, withdrawals from endowments, and endowment spending rules. The second section deals with investment pool characteristics, and includes tables, charts, and text with information on investment pool nominal and real returns, range of nominal returns, historical investment pool returns, investment pool asset allocation, and investment management and custodial expenses. Appendix tables list institutions ranked by endowment assets and institutions ranked by investment pool average annual compound return. A list of contributors, sponsors, and associates is appended. (CH)
Item Description:ERIC Document Number: ED435332.
Availability: National Association of College and University Business Officers, P.O. Box 362, Annapolis Junction, MD 20701-0362 ($34.95 non-members; $24.95, members). Tel: 301-362-8198.
Sponsoring Agency: National Association of Coll. and Univ. Business Officers, Washington, DC.
Sponsoring Agency: Association of Governing Boards of Universities and Colleges, Washington, DC.
Physical Description:49 p.
ISSN:1067-8301