Endowments Down at Dartmouth

dartmouthgreenDartmouth College’s endowment posted a 1.9 percent investment loss for its fiscal year that ended June 30.According to a press release on Friday by the College. The overall endowment value at $4.5 billion shows a 4 percent decline from last year’s figure of about $4.7 billion.

A statement from Chief Investment Officer Pamela L. Peedin ’89, Tu ’98 attributed these declines to a volatile global economy. 

In fiscal year 2015, Dartmouth’s endowment earned 8.3 percent, buoyed by large investment returns and gifts. Over the past 20 years, the College’s endowment has posted an average annualized return of 10.2 percent.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s