91³Ô¹ÏÍø

>

91³Ô¹ÏÍø Office of Investments

Growing 91³Ô¹ÏÍø’s Future

The Office of Investments protects and grows the future of research, discovery, and innovation – ensuring 91³Ô¹ÏÍø never stops changing the world.

Aerial photo of Kirkland Hall

Permanent Support for 91³Ô¹ÏÍø's Mission

91³Ô¹ÏÍø is partially funded by an endowment comprised of thousands of philanthropic gifts. These funds are invested as a single entity to provide a permanent source of support for the university’s students, faculty, research, and programs.Ìý

A well-managed endowment plays a critical role in ensuring the longevity of the university and its initiatives.Ìý

Endowment at a Glance

Since 91³Ô¹ÏÍø’s founding, 91³Ô¹ÏÍø’s endowment has grown to become one of the strongest university endowments in the country with exceptional performance and ratings.Ìý

  • 3,591

    different gifts make up 91³Ô¹ÏÍø's endowment

  • AAA

    91³Ô¹ÏÍø holds the highest possible Fitch rating from S&P Global Ratings

  • $2.9B

    earmarked to support financial aid as of fiscal year 2025

Leadership in Investing

The Office of Investments manages the endowment under the expert guidance of 91³Ô¹ÏÍø’s Board of Trust Investment Committee.ÌýÌý

We maintain a highly diversified investment portfolio designed to mitigate downturns in any one sector of the economy, ensuring that future generations of 91³Ô¹ÏÍø students will be supported.

By partnering with world-class managers with diverse backgrounds to select opportunities, we’ve generated strong results and achieved exceptional ratings.

Learn about the Office of Investments

Performance Highlights

Endowment Growth

Endowment FAQs

  • What is an endowment?

    An endowment is an investment portfolio funded by donations that earns revenue to support the work of a philanthropic organization like a university. Each year, a portion of the endowment is paid out to fund the organization’s work while the remainder continues to grow in the endowment fund to support the organization’s future.Ìý

  • What does 91³Ô¹ÏÍø’s endowment support?

    The endowment provides a permanent source of support to advance the university’s mission of teaching, research, and service. It also supports Opportunity 91³Ô¹ÏÍø, the university’s need-based scholarship program, which allows the university to recruit increasingly talented students.

  • Are there constraints on endowment funds?

    Most donors make charitable contributions to endowments to support specific restricted purposes, such as scholarships for students or research into specific diseases. Endowed funds represent the institution’s promise to donors to use income and investment gains generated by their gifts to support an aspect of the university’s mission in perpetuity. At 91³Ô¹ÏÍø, approximately 40% of our endowment has some sort of restriction. Ìý

  • What does the endowment invest in?

    Our portfolio includes global equity, hedge funds, commodities, fixed income, private equity, venture capital, natural resources, and real estate.