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Endowments grew 4% in FY2024 on investment returns, donations


Endowments grew 4% in FY2024 on investment returns, donations

Endowments grew 4% in FY2024 on investment returns, donations

Ten-year average annual returns stood at 6.8% for fiscal 2024,down slightly from last year but still robust enough to make spending with endowment money “possible and prudent,” NACUBO and Commonfund said in a press release.