ERIC Number: ED402799
Record Type: RIE
Publication Date: 1995
NACUBO Endowment Study, 1994.
Cambridge Associates, Inc., Boston, MA.
This report presents the results of a 1994 study of the performance and management of college and university endowments, based on data collected from 447 member institutions of the National Association of College and University Business Officers (NACUBO). Part I offers highlights of the study results. Part II presents statistical data and other information in 32 exhibits, addressing: (1) general endowment characteristics such as assets by institution type, institutions ranked by market value of assets, assets per full-time equivalent (FTE) student, and public and private institutions ranked by assets per FTE student; (2) growth, including endowment growth and market indexes, spending rates, spending rules, and gift flow rates; (3) asset allocation and asset allocation by institution; (4) general characteristics of investment pools, including assets and institutions grouped by size of investment pool; (5) investment pool performance, including nominal returns, average annual compound nominal returns and cumulative nominal returns by institution, and similar information for real returns; (6) asset allocation by investment pool; and (7) management fees. Two appendixes contain a glossary and descriptions of market indexes. A list of firms that contributed to funding the study concludes the report. A separately published executive summary and a formal acknowledgement booklet listing contributors to the study by level of gift and with brief descriptions of each donor are also provided. (JB)
Descriptors: Colleges, Educational Finance, Endowment Funds, Higher Education, Private Colleges, Public Colleges, Return on Investment, Universities
National Association of College and University Business Officers, One Dupont Circle, Suite 500, Washington, DC 20036-1178 ($55 members, $85 nonmembers).
Publication Type: Numerical/Quantitative Data; Reports - Research
Education Level: N/A
Sponsor: National Association of Coll. and Univ. Business Officers, Washington, DC.
Authoring Institution: Cambridge Associates, Inc., Boston, MA.
Note: For the 1992 edition, see ED 354 811.