Qubit: Stanford Endowment Returns 2022
Stanford's endowment returned -4.2% for FY 2022. It paid out $1.5 billion to the school covering 21% of its operating budget.
Since inception 31 years ago, the endowment returned an additional $35.4 billion on top of what it would have earned in a “70/30” equities/bonds portfolio.
“For the 12 months ending June 30, 2022, the Merged Pool generated a - 4.2% return net of all internal and external fees and costs. This result exceeded the -6.6% median return for U.S. colleges and universities and outperformed the -14.6% return for a traditional ‘70/30’ portfolio of global equities and high-quality domestic bonds.
Stanford Management Company has delivered strong results since its inception in 1991. Over the 31-year period, the Merged Pool has earned an annualized net return of 11.6%, exceeding the median of a broad group of colleges and universities by 2.5% annually, and surpassing the passive ‘70/30’ portfolio by 4.9% annually.”
“In Fiscal Year 2022, the Endowment disbursed $1.5 billion in financial aid, support for academic programs, and other current operations. This amount represented over 21% of the University’s Fiscal Year 2022 operating expenses. Annual spending from the Endowment has increased more than fourteen-fold since SMC was established in 1991.”
Source:
Stanford Management Company - Stanford University Investment Report 2022
Stanford University reports return on investment portfolio, value of endowment
Stanford reports lowest endowment returns since 2009
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