Who runs the Yale Endowment Fund?

As Yale University's Chief Investment Officer, Matt Mendelsohn is responsible for leading the Yale Investments Office, the team that manages the University's endowment.

Who runs Yales endowment?

The endowment has been led by Chief Investment Officer Matthew Mendelsohn since 2021, when he took the reins after the death of his legendary predecessor, David Swensen. Swensen was the pioneer of the investment strategy that steered the school into alternative assets and away from plain vanilla stocks and bonds.

Who runs the Harvard Endowment Fund?

Harvard Management Company, which stewards the school's $50.9 billion endowment, is heavily exposed to alternative investments such as private equity funds — a practice that is consistent with many of its peer institutions.

How does Yale invest its endowment?

Yale pursues an investment strategy designed to achieve its goals through the careful consideration of risk and return across asset classes, including public equities, marketable alternatives, leveraged buyouts, venture capital, and real assets, and through the astute selection of external investment managers within ...

What university has the richest endowment?

Harvard University, with a $49.495 billion endowment as of FY2023, is the wealthiest university in the world.

The Yale Endowment

What university has the largest endowment in the world?

The following are lists of institutions of higher education by endowment size. Harvard University, with a $50.9 billion endowment as of 2022, is the wealthiest university in the world.

Where does Yale endowment go?

Support for Faculty, Staff, and Students

The endowment supports every aspect of the university — including comprehensive financial aid and its key academic priorities. Endowment money helps maintain current operational needs and ensures that the university's commitment to excellence can be sustained over time.

What is the average return of Yale endowment?

Yale's investment return of 1.8 percent for the 2023 fiscal year puts its performance on par with peer institutions. Although Yale's return was positive, the total value of its endowment dipped to $40.7 billion — down from $41.4 billion in 2022 — after accounting for budget disbursements.

What is the Yale endowment rule?

The University's Endowment Spending Policy (“Spending Policy”) attempts to balance the objectives of preserving purchasing power and providing substantial current support by using a long-term target payout rate of 5.25% combined with a smoothing rule that adjusts spending gradually for changes in the market value of ...

Does Oxford have an endowment?

Endowments. The University has endowment assets of £1.7bn. Individual colleges have their own endowment assets, which amount to £6.4 bn.

Who is the CEO of Oxford endowment fund?

Sandra Robertson is the CEO and Chief Investment Officer of OU Endowment Management Ltd, a subsidiary company of the...

Who runs Stanford endowment?

Stanford Management Company (SMC) is the office within Stanford University that invests the Endowment and other financial assets to provide long-term support to the University. SMC is overseen by a Board of Directors appointed by the University Board of Trustees.

Who runs Princeton endowment?

INTRODUCTION. The Princeton University Investment Company (Princo) manages Princeton's Endowment, which stood at $34.1 billion as of June 30, 2023.

Where does Yale get its money?

Funded by Yale's alumni and friends, the endowment is the university's largest revenue source, governed by spending rules that protect its value for generations.

Who manages Princeton endowment?

Vincent Tuohey, investment director on the global investment staff at the Massachusetts Institute of Technology's Investment Management Co., has been named president of the Princeton University Investment Co., which manages the university's $34.1 billion endowment.

Who manages MIT endowment?

The endowment is managed by the MIT Investment Management Company (MITIMCo), a professionally staffed investment organization, structured as a division of MIT.

What is Princeton's endowment?

University President Christopher Eisgruber '83 wrote in a statement that “Andy Golden's achievements are the stuff of legend.” According to an announcement from the Office of Communications on Wednesday, Oct. 25, the current endowment value stands at $34.1 billion for the fiscal year that ended on June 30, 2023.

What does Princeton do with its endowment?

The earnings from the endowment provide about two-thirds of the University's net annual operating revenues and help fund the University's highest priority strategic initiatives, while preserving real value for future generations. This percentage has steadily increased as the endowment has grown.

What is the largest donation to Yale?

Charles B. Johnson '54 makes the largest single gift in Yale history.

Does Yale get money from the government?

In the 2022–2023 school year, Yale took in more than $458 million in net tuition and room and board costs, but it brought in a whopping $1.038 billion in government grant and contract income.

What is the GDP of Yale's endowment?

Yale's endowment is currently $41.4 billion. This is the second largest university endowment in the world, larger than the GDP of 103 countries. For comparison, the City of New Haven's budget in 2021 was $569 million. The endowment's daily earnings were approximately $30 million a day in fiscal year 2021.

What is the richest university in the UK?

Trinity College, Cambridge, is the wealthiest of the individual colleges with published assets worth £1.3bn in its latest accounts. In Oxford, St John's College tops the table with close to £600m in assets.

Why are UK university endowments so low?

Partially for the historical reasons re: tuition that James Gay mentioned, UK institutions prioritized current use over long-term investment. As a result, they were not channeling the gifts they did receive into long-term savings. They spent them, and there was no strategy to intentionally increase endowment size.

Which Ivy has the lowest endowment?