The school announced their endowment figures last week.
Columbia’s endowment reported a 3.8 percent return on investment for the 2018-2019 fiscal year, according to a statement released by the University on Tuesday. The endowment currently stands at $10.95 billion.
This year marks the second consecutive year that Columbia showed the smallest return on investment among its peer institutions. In comparison, Princeton closed at a 6.2 percent return and Brown at 12.4 percent. Last year, Columbia reported a 9 percent return on investment.
Keep in mind, their 10-year annualized return is 10.2 percent.
Read more about Columbia’s endowment here.
Post by Marcelino Pantoja