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Impressive Returns Boost Yale's Endowment to $25.6 Billion

Yale University
/
Creative Commons

Yale University reported that its endowment grew to a record high $25.6 billion based on an 11.5 percent return for the fiscal year that ended June 30.

The new endowment numbers reported Thursday were a 7.1 percent increase from the previous fiscal year.

Harvard University's endowment is the nation's largest at $37.6 billion. The University of Texas is second, and Yale third.

Yale said in a release it plans to spend $1.2 billion from the endowment during the current academic year, which represents about one-third of the Ivy League university's operating budget.

William Jarvis, managing director for the Commonfund Institute in Wilton, which serves as an investment manager for nonprofits, told The New Haven Register that Yale's 11.5 percent return is among the best in the nation among colleges.

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SOMOS CONNECTICUT es una iniciativa de Connecticut Public, la emisora local de NPR y PBS del estado, que busca elevar nuestras historias latinas y expandir programación que alza y informa nuestras comunidades latinas locales. Visita CTPublic.org/latino para más reportajes y recursos. Para noticias, suscríbase a nuestro boletín informativo en ctpublic.org/newsletters.

The independent journalism and non-commercial programming you rely on every day is in danger.

If you’re reading this, you believe in trusted journalism and in learning without paywalls. You value access to educational content kids love and enriching cultural programming.

Now all of that is at risk.

Federal funding for public media is under threat and if it goes, the impact to our communities will be devastating.

Together, we can defend it. It’s time to protect what matters.

Your voice has protected public media before. Now, it’s needed again. Learn how you can protect the news and programming you depend on.