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Post by lancerroadwarrior on Feb 19, 2021 22:56:17 GMT
The Worcester State endowment recorded a 7.62 percent change in its market value between FY19 and FY20, which handily outpaced endowment powerhouses like Harvard (2.91 percent) and Stanford (4.51 percent), as well as other Worcester institutions such as Holy Cross (-3.2 percent) and WPI (-4.31 percent). The results were released on Tuesday, Feb. 19, by the National Association of College and University Business Officers (NACUBO) and TIAA in an annual analysis of submitted financial data.
Worcester State’s endowment, which grew from $32 million in FY19 to $34.5 million in FY20,
Still a ways away from Harvard's 40 billion but it's growing.
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