Stanford announced their endowment figures last week.
For the 12 months ending June 30, 2019, Stanford Management Company generated a 6.5 percent investment return, net of all internal and external costs and fees, but gross of the newly levied tax on certain endowments. The broad universe of U.S. colleges and universities generated a median 4.9 percent return for the same period, according to preliminary data tracked by Cambridge Associates.
The endowment is now at $27.7 billion and it distributed $1.3 billion to the school.
Read more about Stanford’s endowment here.
Post by Marcelino Pantoja