Endowment Growth Formatting Comparison
Endowment Growth
| FY14 | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Fixed Income | $ 0.138 Billion | $ 0.137 Billion | $ 0.209 Billion | $ 0.219 Billion | $ 0.177 Billion | $ 0.161 Billion | $ 0.176 Billion | $ 0.205 Billion | $ 0.135 Billion | $ 0.143 Billion |
| Global Equity | $ 0.534 Billion | $ 0.291 Billion | $ 0.336 Billion | $ 0.387 Billion | $ 0.450 Billion | $ 0.472 Billion | $ 0.503 Billion | $ 0.639 Billion | $ 0.572 Billion | $ 0.720 Billion |
| Hedge Funds | $ 0.003 Billion | $ 0.100 Billion | $ 0.144 Billion | $ 0.147 Billion | $ 0.193 Billion | $ 0.196 Billion | $ 0.179 Billion | $ 0.231 Billion | $ 0.266 Billion | $ 0.269 Billion |
| Private Equity | $ 0.251 Billion | $ 0.215 Billion | $ 0.175 Billion | $ 0.169 Billion | $ 0.140 Billion | $ 0.100 Billion | $ 0.089 Billion | $ 0.130 Billion | $ 0.163 Billion | $ 0.192 Billion |
| Real Estate | $ 0.634 Billion | $ 0.673 Billion | $ 0.692 Billion | $ 0.753 Billion | $ 0.745 Billion | $ 0.754 Billion | $ 0.796 Billion | $ 1.126 Billion | $ 1.110 Billion | $ 1.125 Billion |
| Other | $ 0.017 Billion | $ 0.200 Billion | $ 0.014 Billion | $ 0.054 Billion | $ 0.094 Billion | $ 0.096 Billion | $ 0.060 Billion | $ 0.080 Billion | $ 0.094 Billion | $ 0.073 Billion |
| Total | $ 1.577 Billion | $ 1.616 Billion | $ 1.570 Billion | $ 1.729 Billion | $ 1.799 Billion | $ 1.779 Billion | $ 1.803 Billion | $ 2.411 Billion | $ 2.340 Billion | $ 2.522 Billion |
| ($B) | FY14 | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fixed Income | $ 0.138 | $ 0.137 | $ 0.209 | $ 0.219 | $ 0.177 | $ 0.161 | $ 0.176 | $ 0.205 | $ 0.135 | $ 0.143 |
| Global Equity | $ 0.534 | $ 0.291 | $ 0.336 | $ 0.387 | $ 0.450 | $ 0.472 | $ 0.503 | $ 0.639 | $ 0.572 | $ 0.720 |
| Hedge Funds | $ 0.003 | $ 0.100 | $ 0.144 | $ 0.147 | $ 0.193 | $ 0.196 | $ 0.179 | $ 0.231 | $ 0.266 | $ 0.269 |
| Private Equity | $ 0.251 | $ 0.215 | $ 0.175 | $ 0.169 | $ 0.140 | $ 0.100 | $ 0.089 | $ 0.130 | $ 0.163 | $ 0.192 |
| Real Estate | $ 0.634 | $ 0.673 | $ 0.692 | $ 0.753 | $ 0.745 | $ 0.754 | $ 0.796 | $ 1.126 | $ 1.110 | $ 1.125 |
| Other | $ 0.017 | $ 0.200 | $ 0.014 | $ 0.054 | $ 0.094 | $ 0.096 | $ 0.060 | $ 0.080 | $ 0.094 | $ 0.073 |
| Total | $ 1.577 | $ 1.616 | $ 1.570 | $ 1.729 | $ 1.799 | $ 1.779 | $ 1.803 | $ 2.411 | $ 2.340 | $ 2.522 |
- Ending Market Value of Endowment Chart Definitions
- Fixed Income: Fixed income refers to investments that provide regular, predictable returns, typically in the form of interest payments. Common examples include bonds and treasury securities. Investors receive fixed periodic payments and return of principal at maturity, making it a relatively stable investment compared to equities (i.e., stocks).
- Global Equity: Global equity refers to investments in stocks from companies around the world, providing exposure to international markets. It encompasses shares from both developed and emerging economies, aiming for growth through capital appreciation and dividends. This diversification can help manage risk and capture opportunities across different regions.
- Hedge Funds: Hedge funds are pooled investment vehicles that employ diverse strategies to achieve high returns that beat the market, often using leverage, short selling, and derivatives. The fair value has been estimated using the Net Asset Value (NAV) of the funds which are calculated by the investment manager.
- Private Equity: These investments generally include limited partnerships that are not publicly traded and cannot be redeemed because the investments include restrictions that do not allow redemption through maturity. The fair values of these investments have been estimated using the Net Asset Value (NAV) of the funds, which are calculated by the investment manager.
- Real Estate: Real estate investment properties are valued based on results from professional independent appraisals. Different assumptions or changes in future market conditions could affect the estimated fair value and such changes could be material to the consolidated financial statements.
- Other: Primarily cash and cash equivalents and pending trades
- Change in Endowment Market Value Chart Definitions
- Gifts and Transfers: Gifts and pledge payments, additions of university funds for quasi endowments, reinvestment of unused payout, and purchases or sales of Endowment real estate investment properties
- Investment Return, Net: Interest, dividends, realized gains/losses, and unrealized gains/losses, net of expenses directly related to the management of the Endowment
- Endowment Distribution: Amount that is withdrawn from market value and made available for spending