University of Chicago Endowment Performance 2019

The school announced their endowment figures a couple of weeks ago.

The University of Chicago endowment grew to an all-time high of $8.5 billion as of June 30, 2019, following a 6.9 percent return on investments for the preceding year.

Vice President and Chief Investment Officer Mark Schmid said investment returns have added nearly $5.9 billion in market value to the endowment since the financial crisis in 2008 and 2009, driven by a 9.3 percent average return.

The average compounded investment result for the University over the past 10 years was a 9.1 percent gain; the average over the past 15 years was an 8.3 percent gain; and the return over the past 20 years was 8.2 percent.

University of Chicago endowment grows to $8.5 billion

Who is Mark Schmid?

Less publicly visible but more highly paid than many of his administrator counterparts, Mark Schmid oversees the management of the University’s $8 billion endowment. Before coming to the University in 2009, Schmid was Vice President and Chief Investment Officer of Boeing, the aerospace manufacturer.

Who’s Who: University Administrators, The Chicago Maroon

Read more about the University of Chicago’s endowment here.

University of Chicago returns 6.9% for fiscal year, Pensions&Investments

Notre Dame, University of Chicago Endowments Return 7.2%, 6.9%, Chief Investment Officer

Looking up the carillon tower of the Rockefeller Chapel at the University of Chicago.
Twitter @UChicago

Post by Marcelino Pantoja