News > October 21, 2004

By Jae Haley

Old Gold & Black Reporter

The university’s endowment had a 17 percent investment return for the fiscal year that ended June 30, bringing its total market value to about $812.2 million from last year’s total of about $725.15 million.

In the past 10 years, the endowment has grown from $407 million to $812 million, although it is still trying to rebound from a peak of about $970 million reached in 2000.  The endowment lost 18.95 percent of its total value in 2001 and 5.84 percent in 2002.