ERIC Number: ED469343
Record Type: RIE
Publication Date: 2002-Mar
NACUBO Endowment Study, 2001. Executive Summary.
National Association of College and University Business Officers, Washington, DC.; Teachers Insurance and Annuity Association, New York, NY. College Retirement Equities Fund.
This executive summary presents the results of a 2001 study of endowment assets at higher education institutions. It is intended to allow administrators and trustees to evaluate the performance of their endowments and to learn about the investment policies and practices of other higher education institutions. The 2001 National Association of College and University Business Officers (NACUB)) survey was administered entirely in a Web-based format. A total of 617 institutions completed the survey, a response rate of 81%, but only 611 are ranked by endowment. Following a section of "Comments on Data," the "Report Summary" gives details about the 611 institutions for which there were full data. Of these 611, 32.4% are public and 67.6% are independent. Of the 41 institutions with endowment assets totaling more than 1.0 billion dollars, 31 are independent and 10 are public. The report summary contains: (1) descriptions of participating institutions; (2) investment management practices and policies; (3) characteristics of institutional endowments; and (4) performance and spending. A glossary and a directory of NACUBO sponsors are appended. (Contains 19 tables.) (SLD)
Descriptors: Capital, Colleges, Educational Finance, Endowment Funds, Fiscal Capacity, Higher Education, Investment, Money Management, Private Colleges, Public Colleges, Risk Management, Tables (Data)
National Association of College and University Business Officers, 2501 M Street, NW, Washington, DC 20037-1324 (members, $24.95; nonmembers, $34.95; 35% discount for 5 or more copies). Tel: 866-348-6300 (Toll Free); Web site: http://www.nacubo.org.
Publication Type: Numerical/Quantitative Data; Reports - Research
Education Level: N/A
Authoring Institution: National Association of College and University Business Officers, Washington, DC.; Teachers Insurance and Annuity Association, New York, NY. College Retirement Equities Fund.