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Harvard's endowment fund, the world's largest university endowment, grew to $53.2 billion in fiscal 2024 amid strong investment returns even though endowment gifts shrank by a third as donors ...
Harvard University, with a $49.495 billion endowment as of FY2023, is the wealthiest university in the world. Many colleges and universities in the United States maintain a financial endowment consisting of assets that are invested in financial securities, real estate, and other instruments.
Harvard University’s endowment ranks second-to-last among Ivy League schools in annualized returns over the last 20 years after soaring success in the 1990s and early 2000s, according to a report.
The Harvard University endowment, valued at $50.7 billion as of June 30, 2023, [1] is the largest academic endowment in the world. [ 2 ] [ 3 ] Its value increased by over 10 billion dollars in fiscal year 2021, ending the year with its largest sum in history. [ 4 ]
Three holdings account for 78% of Harvard's close to $1.6 billion of invested assets.
[3] [4] In part due to such scrutiny, the pair left Harvard to form their own firm, Adage Capital Management. [2] [3] [4] They took with them an 18-person team and a $1.8 billion day-one investment from Harvard in exchange for an initial agreement (now expired) to pay ten percent of Adage's earnings to the university. [3] [4]
Engraving of Harvard College by Paul Revere, 1767. Harvard University's endowment was valued at $53.2 billion as of 2021. [1]A financial endowment is a legal structure for managing, and in many cases indefinitely perpetuating, a pool of financial, real estate, or other investments for a specific purpose according to the will of its founders and donors. [2]
The NACUBO-Commonfund Study of Endowments, which covers returns on university funds at 831 institutions of higher education for the fiscal year that ended in June, showed that Harvard, which has ...