Endowment rankings 2023

[Anonymous]

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Anonymous wrote:Notre Dane must have lost a substantial amount of their endowment. I seem to recall they were close to 20 billion a while ago.

Virtually every school lost money a year ago. You have selective memory.

But Notre Dame lost over 4 billion dollars, a 7.44% loss. That was eclipsed only by MIT. So not selective memory (and I’m a different pp just tired of all of the ND boosters who cite to ridiculous things like endowment but then hide their head in the sand when anyone points out ND’s terrible diversity figures

In the article cited, which used NACUBO data, Notre Dame was only down .7%

https://www.insidehighered.com/news/business/financial-health/2024/02/15/college-endowment-returns-ticked-fiscal-year-2023

University of Notre Dame

$16,616,524
$16,729,299
-0.7%

Found the article from June 2021:

https://www.ndsmcobserver.com/article/2022/01/university-endowment-returns-net-53-2-reaching-20-3-billion-in-june-2021

20.3 billion in June of 2021

Yep and now ‘$16b. That’s a 4 billion dollar loss. Huge for only a 16b endowment

You’re ignoring the fact that the year before Notre Dame had one of the HIGHEST gains of any major universities at 54 PERCENT, which is why the 7 percent loss a year later was a blip on the radar screen. Even with the loss it still remains 7th among all private universities. It’s also 7th among private universities in endowment per student, behind only Princeton, Yale, Stanford, MIT, Harvard and Cal Tech - and it doesn’t even have a medical school.

What those numbers mean is that Notre Dame is placing big bets on certain types of investments. That’s probably OK and might maximize results in the long run, but the trustees need to talk to tough-minded analysts and make sure they understand the risks they’re taking.

The schools with the most stable results need to talk to their analysts to make sure they’re taking enough risk and gettya reasonable return on their assets.

You’re talking out your ass and know nothing.

Google “Scott Malpass.” He’s the recently retired Chief Investment Officer for Notre Dame. He was universally recognized as a titan of managers of university endowments and was extremely well regarded and respected. Notre Dame is the envy of virtually all university endowments.

Perhaps he retired because ND lost 4 billion of its endowment? Ever consider that?

They didn't lose 4 billion this past year. Previous posters were comparing a prior year total that included all assets under management to a 2023 report that included only endowment (a number smaller than all assets under management) and surmised that Notre Dame had lost $4 billion. The 2022 to 2023 return, which you can see if you click through the article, was only -0.7%.

https://www.ndsmcobserver.com/article/2022/01/university-endowment-returns-net-53-2-reaching-20-3-billion-in-june-2021

Looks like they lost 4 billion over two years.

Where in that article did it say they lost 4 billion over two years? You are not comparing two related data points. Compare directly from the same line in the annual financial reports:

Endowment and funds functioning as endowment:
2021: $18,001,145
2022: $16,676,084
2023: $16,593,296

This is a decline of $1,407,849 from 2021 to 2023. You got $4B because you are not comparing the SAME apples to apples lines!

https://controller.nd.edu/assets/553631/university_annual_report_2023_web.pdf (Page 33)
https://controller.nd.edu/assets/457911/2021_annual_report.pdf (Page 33)

Down 1.4 billion. A bit too aggressive it seems compared to most others endowments. Domers like to brag the school made a huge leap in $$$ a few years back. I guess the strategy backfired over the past two years.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

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Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Notre Dane must have lost a substantial amount of their endowment. I seem to recall they were close to 20 billion a while ago.

Virtually every school lost money a year ago. You have selective memory.

But Notre Dame lost over 4 billion dollars, a 7.44% loss. That was eclipsed only by MIT. So not selective memory (and I’m a different pp just tired of all of the ND boosters who cite to ridiculous things like endowment but then hide their head in the sand when anyone points out ND’s terrible diversity figures

In the article cited, which used NACUBO data, Notre Dame was only down .7%

https://www.insidehighered.com/news/business/financial-health/2024/02/15/college-endowment-returns-ticked-fiscal-year-2023

University of Notre Dame

$16,616,524
$16,729,299
-0.7%

Found the article from June 2021:

https://www.ndsmcobserver.com/article/2022/01/university-endowment-returns-net-53-2-reaching-20-3-billion-in-june-2021

20.3 billion in June of 2021

Yep and now ‘$16b. That’s a 4 billion dollar loss. Huge for only a 16b endowment

You’re ignoring the fact that the year before Notre Dame had one of the HIGHEST gains of any major universities at 54 PERCENT, which is why the 7 percent loss a year later was a blip on the radar screen. Even with the loss it still remains 7th among all private universities. It’s also 7th among private universities in endowment per student, behind only Princeton, Yale, Stanford, MIT, Harvard and Cal Tech - and it doesn’t even have a medical school.

What those numbers mean is that Notre Dame is placing big bets on certain types of investments. That’s probably OK and might maximize results in the long run, but the trustees need to talk to tough-minded analysts and make sure they understand the risks they’re taking.

The schools with the most stable results need to talk to their analysts to make sure they’re taking enough risk and gettya reasonable return on their assets.

You’re talking out your ass and know nothing.

Google “Scott Malpass.” He’s the recently retired Chief Investment Officer for Notre Dame. He was universally recognized as a titan of managers of university endowments and was extremely well regarded and respected. Notre Dame is the envy of virtually all university endowments.

Perhaps he retired because ND lost 4 billion of its endowment? Ever consider that?

They didn't lose 4 billion this past year. Previous posters were comparing a prior year total that included all assets under management to a 2023 report that included only endowment (a number smaller than all assets under management) and surmised that Notre Dame had lost $4 billion. The 2022 to 2023 return, which you can see if you click through the article, was only -0.7%.

https://www.ndsmcobserver.com/article/2022/01/university-endowment-returns-net-53-2-reaching-20-3-billion-in-june-2021

Looks like they lost 4 billion over two years.

Where in that article did it say they lost 4 billion over two years? You are not comparing two related data points. Compare directly from the same line in the annual financial reports:

Endowment and funds functioning as endowment:
2021: $18,001,145
2022: $16,676,084
2023: $16,593,296

This is a decline of $1,407,849 from 2021 to 2023. You got $4B because you are not comparing the SAME apples to apples lines!

https://controller.nd.edu/assets/553631/university_annual_report_2023_web.pdf (Page 33)
https://controller.nd.edu/assets/457911/2021_annual_report.pdf (Page 33)

Down 1.4 billion. A bit too aggressive it seems compared to most others endowments. Domers like to brag the school made a huge leap in $$$ a few years back. I guess the strategy backfired over the past two years.

They were up 50% the year before that. I'm sure they are OK with that.

[Anonymous]

Anonymous wrote:https://www.insidehighered.com/opinion/blogs/learning-innovation/2023/09/08/endowments-full-time-equivalent-student



Institution name FY22 total endowment market value (in $1,000s) FY22 endowment value per full-time-equivalent student ($)
The Trustees of Princeton University $35,794,186 $4,067,983
Yale University $41,383,300 $2,868,064
Stanford University $36,300,000 $2,139,952
Massachusetts Institute of Technology $24,739,862 $2,090,222
Harvard University $49,444,494 $2,013,622
Amherst College $3,321,853 $1,685,364
Swarthmore College $2,725,238 $1,650,659
Williams College $3,534,369 $1,607,993
Pomona College $2,749,865 $1,563,312
Columbia Theological Seminary $262,315 $1,561,400
California Institute of Technology $3,635,000 $1,516,479
Trustees of Grinnell College $2,484,419 $1,437,742
University of Notre Dame $16,729,299 $1,292,237
Bowdoin College $2,474,541 $1,269,647
Austin Presbyterian Theological Seminary $141,588 $1,247,470
The Principia Corporation $855,284 $1,244,955
Wellesley College $2,846,865 $1,196,665
Dartmouth College $8,065,743 $1,192,981
Smith College $2,467,996 $997,170
Berea College $1,438,286 $991,921
Rice University $7,814,267 $982,185
Baylor College of Medicine $1,494,256 $945,133
The Medical College of Wisconsin $1,511,835 $934,963
Washington & Lee University $1,998,334 $894,509
University of Richmond $3,153,393 $867,110
Trustees of the University of Pennsylvania $20,724,352 $839,077
University of California San Francisco Foundation $2,620,126 $824,458
Claremont McKenna College $1,142,670 $805,832
Washington University $12,252,329 $794,729
Vanderbilt University $10,206,067 $787,384
Northwestern University $14,121,488 $693,590
Christian Theological Seminary $71,372 $686,265
Bryn Mawr College $1,144,940 $683,139
Duke University $12,116,260 $673,013
Emory University $9,997,742 $670,300
Davidson College $1,316,043 $667,026
Trinity University $1,704,816 $646,743
Webb Institute $65,838 $627,030
Hamilton College $1,275,562 $622,529
Earlham College $426,217 $600,306
Brown University $6,141,243 $594,046

Thank you. Endowment is important--small schools with small endowments are more likely to close/merge, and the value of a degree goes down if your college no longer exists (sorry, Marlboro, Cabrini, Mills, Urbana...)