The Syracuse University endowment returned 17.2 percent in fiscal year 2010, outperforming many peer institutions and rebounding from losses seen during the 18-month international economic crisis.
The market value of SU’s endowment was approximately $849 million on June 30, the end of fiscal year 2010. In the months since June 30, the endowment has increased to approximately $894 million—or about 5.3 percent—as of Oct. 26.
According to SU Treasurer Barbara Wells, all of SU’s asset classes performed well and all contributed to the endowment’s strong performance in 2010. SU’s endowment is well diversified across major asset classes, as well as within each asset class by market capitalization and investment style or strategy.
The endowment is established to last in perpetuity, with only the payout from the fund spent each year to support SU’s goals and priorities, and provides a stable, permanent level of support for scholarships, faculty development, academic programs, innovative research, the library and athletics.
In FY 2010, SU outperformed several large school endowments—including many Ivy League schools—according to early self-reported returns. National endowment returns are officially reported every January by the National Association of College and University Business Officers (NACUBO).
To view more about information about the University’s endowment, visit http://campaign.syr.edu/about-the-campaign/our-endowment/investment-performance.
He was one of the nation’s top business leaders, a civic giant in Syracuse and an avid supporter of Syracuse University. Julius “Jules” Pericola, who was beloved in the Orange community, serving on the Board of Trustees from 1981 to…
The first phase of Syracuse University’s multi-year, $118 million stadium project, unveiled in 2018, was completed this week. This marks a new era for Syracuse University, the Department of Athletics and the many students, faculty, staff and community members who…
Dear Parents and Families: I am writing this afternoon to share the below message with you, which was sent to your students a short time ago. As noted below, we’ve been working hard to create safe alternatives to the typical…
Dear Students: The last weekend of September is here. Together, our campus community has made it through five weeks of classes; we have just over eight weeks to go. It hasn’t been easy. It’s been a lot of hard work….
The Syracuse University Women in Leadership Initiative announces sponsorship for 100 Syracuse University women to attend the virtual Women Leaders X—Stronger Together Convention scheduled for Oct. 11–12, 2020. The convention is the annual event for Women Leaders in College Sports…
If you need help with your subscription, contact sunews@syr.edu.
