Campus News
September 28, 2011
Update on Emory's endowment
For the one-year period ending June 30, 2011, the actively managed funds in Emory University's endowment reported an investment return of 18.5 percent, according to Mary Cahill, vice president for investments and chief investment officer.
In the same one-year period, the total market value of Emory's endowment increased approximately 15 percent from $4.6 billion to $5.3 billion. The overall change in the endowment over any given time period is a product of multiple factors, including not only the underlying rate of return on the investment portfolio, but also the addition of gifts to the endowment and the rate of spending from the endowment.
These unaudited figures reflect changes to Emory's endowment between July 1, 2010 and June 30, 2011, a period representing the fiscal year for many universities. Emory's fiscal year ends Aug. 31 and future figures reported for Emory's fiscal year will differ from the June 30 numbers reported here.
Comprehensive results for all leading endowments will not be available until the annual report by NACUBO (the National Association of College and University Business Officers) expected in the first quarter of 2012.
