| 08.02.2013 Educational endowments earned investment returns averaging -0.3% in FY2012, down sharply from 19.2% in FY2011 |
| Bailey McCann, Opalesque New York: Educational endowments took a hit to their returns over 2012. Data gathered from 831 U.S. colleges and universities for the 2012 NACUBO-Commonfund Study of Endowments® (NCSE) show that these institutions’ endowments returned an average of -0.3%(net of fees) for the 2012 fiscal year (July 1, 2011 – June 30, 2012)—a steep decline from the FY2011 average return of |