Report shows growth in UW Foundation endowment

2012-02-01T17:40:00Z 2012-02-01T17:44:55Z Report shows growth in UW Foundation endowmentState Journal
February 01, 2012 5:40 pm  • 

The University of Wisconsin Foundation's endowment for UW-Madison grew 20.7 percent to a total of $1.87 billion from July 1, 2010, to June 30, 2011, according to a report released this week.

Data gathered for 823 U.S. colleges and universities showed endowments gained an average of 19.2 percent in the 2011 fiscal year, according to the report released by the National Association of College and University Business Officers and the Commonfund Institute. That's up from an average 11.9 percent gain in 2010 and an average 18.7 percent drop in 2009.

The UW Foundation has the 34th largest endowment nationally, according to the report.

The percent change reflects the net impact of withdrawals for institutional operations and capital expenses, payment for endowment management and investment fees, additions from donor gifts and other contributions, and investment gains or losses.

Copyright 2014 All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

No Comments Posted.

Add Comment
You must Login to comment.

Click here to get an account it's free and quick